Cryptocurrency markets remained highly bullish last week and surprisingly managed to hold current levels well this weekend. One of the top Metaverse crypto coins gaining the most price today is Medacoin (MEDA), up over 13% in the past 24 hours and up over 20% in the past seven days. Let’s take a closer look at Medabots and its token, Medacoin, and see why the price is rising so much today?
Medabots Booth at Gamepolis
One reason for Medacoin’s substantial bullish momentum today is the team’s presence at Gamepolis in Spain. Gamepolis is one of the largest conferences for esports and gaming. Ass a play-to-earn Metaverse crypto game, it only makes sense for Medabots to host a booth at the event, providing their project with much-needed exposure to the broader gaming community.
Medabots hosted a tournament at Gamepolis on July 23rd, showcasing the game to dozens of users and providing players with a fun and engaging experience.
#medabots tournament in @Gamepolis_org with @Salvaavf and Paul Sirats! Medabattlers… FIGHT!🚀#Crypto #P2E #GamingNews #CryptoGems #medamon #CryptoNews #huobi #PlayToEarn pic.twitter.com/2tsiGuuSXs
— Medabots (@MedabotsWorld) July 23, 2022
It’s clear that the booth positively affected Medacoin’s price as the cryptocurrency saw growth of up to 20% in the past week.
Medacoin (MEDA) is currently trading at $0.000023, up 12% in the past 24 hours. Its market cap is $1.8 million with a fully-diluted market capitalization of $2.3 million.
What Is Medabots / Medacoin (MEDA)?
Medacoin (MEDA) is the primary utility asset and the native cryptocurrency for the BNB chain project Medabots, a play-to-earn game integrated with blockchain. The game is available on Android and iOS devices and is planned to come to other platforms like PC and consoles.
Medacoin can be used to purchase NFTs on the platform, which offers a native market for users to check out. Players can log in via a Web3 wallet like MetaMask and explore the NFTs available.
With a current market cap of $1.8 million, Medacoin is highly undervalued and is worth keeping an eye on in 2022.
You can purchase MEDA on PancakeSwap and LBank.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any Metaverse crypto games.
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