The past few years have witnessed diverse episodes of growth and innovation, from the NFT and Metaverse boom to revolutionized gaming and decentralized social networking. A new wave is sweeping through the market. That’s a huge window of opportunity to tap into. Keep reading to see how to maximize these opportunities especially with newcomer Persystic Token (PSYS), The Sandbox (SAND), and ApeCoin (APE).
The Sandbox (SAND) – The Gamers’ Delight
The Sandbox (SAND) is a project that specializes in the Metaverse, whereby players from all over the world can explore The Sandbox ecosystem while interacting and networking. Users within The Sandbox Metaverse can create and personalize their characters, and then use these characters to compete in play-to-earn games.
When you complete certain tasks as a user, you earn the platform’s in-game currency – SAND. The Sandbox also has plenty of NFTs and continues to leverage their diverse use cases and massive buzz in the cryptocurrency markets.
According to CoinMarketCap, The Sandbox (SAND) initially traded at $0.05 in mid-2020 and peaked in November 2021, up to over $8.40, translating to over 16,000% within one year of trading. Though SAND has dipped in value, it is one of the tokens notable for its stable cryptocurrency prices. According to CoinGecko, at the time of writing, SAND sells at $1.29, up by 6.17% in the last 24 hours.
ApeCoin (APE) – The growing Crypto
The native cryptocurrency of the ApeCoin platform is APE. This token ignites the development of a decentralized Web 3.0 by powering governance, access to items, games, and events, and rewards for community participation. Users can trade ApeCoin on different exchanges, including Binance, Coinbase, KuCoin, Kraken, Huobi, etc.
APE is used as the primary token for purchasing products and services of the Bored Ape Yacht Club NFT collections. The Bored Ape Yacht Club, which started in April 2021, comprises thousands of individual ape NFTs with various facial expressions and clothing designs. The concept gained popularity with celebrities like Jimmy Fallon, Justin Bieber, and Paris Hilton investing in their NFTs, thereby facilitating ApeCoin’s outlook as an NFT coin and boosting its market cap.
With a market capitalization projected at $2.93 billion and despite being one of the newest cryptocurrencies on the block, it is ranked 47th in market capitalization as of April 2022. According to CoinMarketCap, as of the time of writing, the price of an APE is $6.62, up by 13.11% in the last 24 hours. This is a fantastic price jump you shouldn’t miss out on!
What is Persystic Token (PSYS)?
Persystic Token (PSYS) is a Binance-based utility token that stimulates the Persystic network. This tokenized mixed social network enables people to communicate with others and build communities that give vent to digital democracy, free speech, and data privacy.
Persystic builds on the belief that the solution to the concerns about traditional social media and privacy, censorship and security problems lies in a decentralized social network that is encrypted at rest. When social media users have the keys to encrypt and decrypt their data, they have complete control and can grant and revoke access to third parties. Blockchain can create an environment that monetizes content creation and use and safeguards against government censorship.
The network combines concepts from the most popular social networks and introduces a new business model, pioneering privacy policies in social networking. This is reinforced by the blockchain and how it enables users to share and monetize their content in a transparent, secure, and verifiable manner. The Persystic (PSYS) coin will be the …….