The price of meme cryptocurrency Dogecoin ($DOGE) surged this week as Dogecoin supporter and Tesla Founder Elon Musk closed the $44B acquisition of the social media giant Twitter. Since the Twitter takeover, more than $10B has flooded into Dogecoin. As of this writing, Dogecoin is currently up 125% from last week, with a current trading value of $0.1426.
The Elon Musk takeover of Twitter seems to have $DOGE fans excited, and the anticipation of Twitter accepting the meme coin has holders over the moon. The move would bring significant utility behind the baddest Doge on the block and become a monumental moment for the cryptocurrency market.
What is Dogecoin ($DOGE)?
Dogecoin is a cryptocurrency that was created as a parody of Bitcoin in 2013. It was initially intended to be a joke, but it quickly caught on and now has over $18 billion market capitalization! Dogecoin is unique because it has no supply limit; there are currently over 100 billion Dogecoins in circulation.
Dogecoin’s popularity skyrocketed thanks to endorsements from celebrities like Elon Musk and Mark Cuban. The coin has also benefited from the general increase in interest in cryptocurrencies. With more and more people looking to invest in digital assets, Dogecoin’s value is sure to continue to rise.
The current bear market has taken its toll on the broader crypto market, with blue-chip cryptocurrencies bitcoin and Ethereum down more than 70% from their record highs. In addition, cryptocurrency presales have seen a steep decline throughout the latest bear market. New Crypto presales have been struggling to reach fundraising goals.
However, one project is nearing its ICO’s end as it successfully closes in on the hard cap of its crypto presale. MetaBlaze is just $500k away from its $4M hard cap. Having raised $3.5M through the ICO, the company is in its final presale round with a token price of $0.00015069 and offers early adopters a 5% bonus in its native token, $MBLZ.
Unlike Dogecoin, a meme coin with little utility, MetaBlaze ($MBLZ) is a new utility-driven crypto token designed to serve as the native cryptocurrency to a third-gen crypto gaming platform. MetaBlaze is led by a doxed team, one of the first crypto companies to have earned a Certik Gold KYC Badge.
What is MetaBlaze ($MBLZ)?
MetaBlaze is a reward-generating gaming platform with role-playing and strategy at its core – it integrates utility-driven on-chain assets with ever-increasingly immersive gaming experiences. The ecosystem is forged around a narrative bringing a seismic bang to the Web 3 world. The MetaBlaze gaming world is: Where the Story Becomes the Ecosystem.
Its native token, $MBLZ, is built on the Binance Smart Chain and will serve as the native token within its Web 3 ecosystem. $MBLZ tokens will be used to purchase digital assets within the Blaziverse dApp (Decentralized Application,) serving as the central hub to its Web 3 ecosystem.
MetaBlaze recently launched the Blaziverse dApp two weeks ago, corresponding with the public sale of its first two NFT collections. With its MetaRoyal NFT collection now sold out, the NFTs are trading with a current floor price of 3.5 ETH. MetaBlaze’s MetaGoblin NFT collection saw nearly 1,100 NFTs minted on opening day and is currently trading around 0.2 ETH.
Deflationary by design, MetaBlaze will burn up to 48% of the $MBLZ token, much of which will take place in its dApp. Assets purchased within the Blaziverse will result in MetaBlaze burning a portion of tokens and increasing the scarcity of $MBLZ.
To further sidestep widespread inflationary emissions seen amongst play to earn gaming coins, MetaBlaze will refrain from issuing rewards in its ecosystem token. Instead, MetaBlaze is to offer a revolving rewards pool of major cryptocurrencies like Bitcoin, Ethereum, Solana, Ethereum, and more.
The third era of Web3 gaming is upon us, and many projects are exploring ways to create immersive experiences. MetaBlaze’s foundation will support this emerging trend by creating a seamless connection between fantasy & reality in digital worlds through innovative solutions for economic design flaws that stem from traditional games like Axie Infinity or CryptoKitties.
MetaBlaze ICO (Initial Coin Offering)
The $MBLZ token presale is rapidly approaching its hard cap and will be closing soon. The official launch is expected to take place in the coming weeks. Snatching up $MBLZ tokens during the presale gives early supporters handsome rewards.
Every presale transaction will receive an additional 5% token bonus with each purchase, with the added benefit of securing their $MBLZ at a discounted price ahead of the public launch. To join over 2,000 other play-to-earn crypto gaming fanatics, head to MetaBlaze’s official site and purchase your $MBLZ before the FOMO begins.
While many other crypto gaming companies are resting on their laurels and waiting for a full-blown bull market to release updates, the MetaBlaze team continues to strive for excellence. For this reason, it’s no wonder the MetaBlaze community is so passionate about the ongoing growth and success of the project. Join the MetaBlaze Community on Telegram.
You can use this helpful guide to learn How to Buy MetaBlaze Presale.
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