decentraland MANA - one of top NFT coin. Meta for facebook??Decentraland is built for content creators, businesses and individuals that are looking for a new artistic medium, business opportunity, or source of entertainment.
MANA is an ERC-20 token. This means it is based on the Ethereum blockchain.
with the rise of META by facebook, how far will the kind of metaverse coin will g.
Rank #42
Token
On 339,981 watchlists
Decentraland Price (MANA)
$2.56
7.94%
0.00004163 BTC7.50%
0.0005688 ETH7.53%
Meta
Square Ponzied - Jack Pump - Silicon Valley Sham - BTC No NeedThe network effect & stablecoins thrown into an #echochamber of advertising. Nasty. Profits over people with #shadowbanking & #feevultures. Buy now pay later bla bla. Show me a fiduciary please. JPow already said that Bitcoin is "not needed". Therefor, no need for the middleman to take percentage of moving it!!! Just need a personal wallet to send & receive #CBDC!!! bye bye middlemen payment platforms!!!!! $FB Libra Anyone?? nasty. META? nice try Zuck!! We remember.
Go Gary G!
Thanks for #digidollar #CBDC JPow & company. lol
The #metaverse is real. Go Brave Browser!!! $BATX
#cannabisreform #thegem Jobs & Justice
Akerna $KERN has the COMPLIANCE DATA SOFTWARE!!
GL
Do Social media Giants find their support level?As you can see in these charts, social media giants have experienced a 20-46% correction in the past 2-4 months!
Now it seems they find their primary support level and may experience a 10% upward move in a short time.
Opening a long position at these levels seems low risk, however, privacy issues may cause lots of problems for these companies!
Looking at their earnings shows disappointing results and this could continue for a while!
Meta (Facebook) has made a huge move and changed its name! Those who are familiar with branding know how big this move is..!
Be careful with PINS earnings today!
Best,
Moshkelgosha
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FB / META making a come back?+ FB bounce back above 200MA (yellow line)
+MACD crossed up (although below zero line)
+ currently sitting at 20MA (red line)
+ hammer alike candle
immediate resistance at $340 (gap resistance)
Next R $350 ( 50&100MA)
SL if $320 violates.
_Please be informed that our analysis is based on historical DATA to predict/forecast upcoming movement, our bias may change due to market conditions. _
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence
Virtual vs Real Estate - The Metaverse, NFTs, and Induced DemandAfter China's real-estate market took a nose dive this year, a lot of people are anticipating the same might occur in the US in the near future as the repercussions of the former start to affect the latter. Noone is quite sure what's actually going to happen, but so far the forecasts haven't been looking too good for US assets and the USD in an overall sense.
At the same time, we've seen a renewed interest in "virtual real-estate" -- even Mark Zuckerberg is talking about the "metaverse", so to speak. Are we about to see a spike in demand in these platforms in the near future? I do think that the future of crypto is not making money off of coins themselves, but taking a risk on the products built underneath them.
Some quick impressions of each metaverse:
Cryptovoxels - It looks and feels like "crypto Minecraft" -- the interface is a little rough and the loading times can sometimes be too much, but it does have a lot of energy and inspiration behind them. Kind of like what the "art districts" used to be like in the real-world, I think.
Decentraland - been around the longest and it does show. They have onboarding tutorials, the UI isn't perfect but it's mostly worked out, and has a nice balance between goofyness and a professional decelopment. (You can find the DOGE museum in the museum district there, for example.) But the rent here is not cheap, at least from what I've seen so far.
Somnium Space - this metaverse feels like it was built by a bunch of MBAs who worked for a real-estate company prior. The listings, marketing, and style of it feels that way too -- and they're listing themselves as a "high-end" product so don't expect it to be cheap. But it does have a professional and clean feel to the whole thing, which may work for some.
The SandBox - I didn't mention this in the video since they don't seem to have a working demo yet, but they have been successful in raising funds from investors as of this week. How they do, is TBD. But it's also proof that there is interest in the space even from an investor's standpoint.
Metahero (HERO) Will Grow! A Revolutionizer In Gaming The metaverse trend will be a trend throughout the rest of this decade and we haven't even left the start line. Facebook changing it's company name to "Meta" is only the beginning. Metahero is Ultra-HD metascanning technology that scans your physical body into the metaverse. You can even make an NFT of your "metaself." They're technology will revolutionize the gaming world and they have a working product in use. Recently they have scanned over 300 people transferring them to the metaverse in a live event in Dubai.
Metahero is at $0.15 cents with less than a billion dollar market cap at $893,026,038. This is a multi-billion dollar market cap in the future of metaverse gaming. Keep this on your radar and do research! The metaverse trend will only continue to grow in cryptocurrency. Much love! They have a nice uptrend on the charts.
Support: $0.11 cents
Resistance: $0.17 cents
SAND Short Again - Head and shoulders reversalSAND has peaked at it's long term 4.236 Fib and hit hard resistance.
Shorted once from the 3 to 2 area. Right shoulder forming on the 1 and 4 hourly.
Tight stops on anything short.
Volume is reducing, giving less ability to break out for ATH.
This could coincide with a retracement in BTC in the next 24-48 hours.
Would look at TP at 2.75, long term short would be to 2.4-2.25 area.
CTRL C, CTRL V.. BLOK IS ON REPEAT...Good evening,
Blok is well, playing out from what we talked about in the previous video. It came down, tagged the .618 just as it did on its last move. BLOK then had a surge of Volume and spiked just as I said it would in the previous video. From that bounce, it went up around 50% plus! Nice profits... The movements and technicals on this chart are fantastic, and It's great when it is predictable, right? Now, I say that, but it is not 100% when it comes to predicting this movement... at any moment, this thing could turn around. So.... I will slow up on my pat on the back BS. The VOL looks good, and I look forward to seeing if this plays out as we discussed. I hope everyone has a good night, and please be smart and take profits when you can.
Thank you
META Platform - Metaverse Mark Zuckerberg's recent announcement that Facebook will be renamed Meta has sparked a lot of buzz around the topic.
The metaverse is an iteration of the Internet portion of virtual reality often in the form of social media.
The metaverse in a broader sense can refer not only to virtual worlds governed by social networks but to the entire spectrum of augmented reality.
Zuckerberg changed the name of the company only, not the brand of the social network. Let's remember how Google became Alphabet 6 years ago. It's the same thing.
What is important is something completely different. How many of you watched the Meta presentation, the primary source of information on what's going on? I think only a few people. In this presentation, the most important information - what is (more or less) specifically invested in the concept of "METAVERSE" in the thoughts and plans of Facebook.
An hour and a half of study can affect what you do for the next 20 years. No kidding. We are on the verge of a breakthrough. Up or down is another question. I have doubts whether a person should take on the role of the creator of new worlds. What exactly is a new big thing that opens up opportunities to jump on a train when it is just starting to move. Therefore, I advise you to watch the presentation! This investment can open up completely new horizons.
fb.watch
During isolation, many people will be willing to try to realize themselves in a new world, re-create themselves (avatars) in the meta-reality and do something. I think this idea will appeal to many people, especially young people who play computer games. Therefore, we are moving along the trend.
A very good example of what is happening now is the Ready Player One movie. It is a 100% reflection of today's trend.
This is not the future that was predicted 50 years ago, but it is one of the variations.
$FB - Full count from IPOHere is a count for FB starting at IPO. I've thrown in an andrews pitchfork to determine confluence as well as fib time analysis to see what shows up. Some interesting results for sure.
Basically im expecting FB to climb to 350ish by EoY for the B leg of w4. It should then spend the next few months heading down to 260 for its w4 target. This level shows a lot of confluence, with the pitchfork 1 Std deviation (which has acted as support in the past during 2018 and 2020 corrections) coinciding with the 38.2% fib for W4, as well as the 13 Fib time level all meeting up to support price....and from the looks of it, 200 weekly MA should be joining them for the support party.
I would want to play $300 puts at $350 and $300 calls at $265.
Facebook will LeadFacebook should be strong in the coming weeks . expect these resistance lvls below to be taken out or reached.
R LVLS
330
337
355
367
Making moves into the Metaverse and publicly rebranding the name to focus on the METAVERSE is a big step for FB as it'll now be a whole different monster.
Coinbase 2021 DPO = Facebook 2012 IPOIdea: Coinbase = Facebook
The first 6 months after Coinbase’s DPO reminds me of Facebook’s first 14 months after its 2012 IPO.
The exponential increase over the last decade in the velocity of money and how it is exchanged in the markets seems to be a reason why a stock like Coinbase can do movements that previously took 14 months in just about 6 months. That’s 58% faster if we go along with exploring this idea.
As of today, Coinbase’s chart looks like it has been emulating Facebook’s. If we take a look into Facebook’s all time chart we’ll come across some interesting technical “coincidences” when extrapolating the 3.618 Fib extensions.
If we take the Fibonacci of the all time high of $44.62 and the all time low of $17.43 during the first 6 months of Facebook’s life we get a 3.618 extension of $118.33 that came into existence 4 years later. If we take that all time high of $118.33 and the all time low of $17.43 and we extrapolate and do another Fib extension, the 3.618 lands at $378.76; exactly where the bull run ended (as of today) for Facebook in September of this year. It took 5 years to get to that point from the previous 3.618 extension, but the path had already been drawn.
If we extrapolate Coinbase’s potential 3.618 future extensions, we get $1,022 and $3,138.
As of 2021, Coinbase sits at a market cap of $68.5 billion. In the banking industry, JPMorgan Chase sits at the #1 spot with $503.5 billion. If Coinbase gets to $3,138 (basically a 10x) that would mean that it would surpass JPMorgan and achieve a future market cap of $671 billion.
If Coinbase does a memeish move similar to what Tesla did recently, where it basically took over the entire car industry’s market cap, who knows where it could go. I don’t think this will happen this year or anytime soon, but if it took Facebook 9 years to get close to a $1 trillion market cap, and we take into consideration the exponential change in the velocity of money, it wouldn’t be that inconceivable to think that Coinbase can reach that valuation 58% faster, or in other words, 4 years (or let’s say 5).
What’s the likelihood of this scenario happening? Who knows really, but I think that it’s more probable than not.
We can take the following into consideration:
Coinbase hasn’t even started offering traditional stocks through its exchange. What will happen when/if retail gets the opportunity to trade stocks like Google and Apple through mirror synthetic tokens of their stocks? What will happen when/if Coinbase provides ROTH/IRA/Retirement products through their platform? What will happen when/if Coinbase integrates a social media platform? What if the future of the said Metaverse is not within Facebook but within Coinbase? What if businesses start generating more revenue through Coinbase sales funnels?
Just food for thought. Thanks for reading if you got all the way here.
*I’ve been diversifying my crypto profits into Coinbase stock since late April, from the $320s all the way down to the $210s. After June, every time it went over $260 I paused accumulating. Up till now, I’ve managed to average a $242 entry price. As of the moment, I’m in a hold position, and currently not buying. Wall Street has set a short term high sell target between $385-$600 and a low buy target between $160-$220. Only time will tell.
Facebook(Meta) history and bull caseI see the metaverse being a distraction for Facebook to try and leverage some of the negative media attention away from them for now. stock could have more downside all depends on how to respects the current downward channel.
i ultimately see Facebook and metaverse becoming massive!! in 5 years time meta will start to become the next fad and craze that everyone is talking about! they're investing and building it as we speak and i see so many applications where this can be used, gaming, entertainment, educational to name a few. This is the next step in the internet and Facebook will be a huge leader. they have all the right ingredients.
its down 30% from highs and in my opinion looking back historically its a good buy!
Facebook is Meta Facebook has changed the name to Meta.
Metaverse is a future iteration of the Internet, made up of shared, 3D virtual spaces linked into a perceived virtual universe.Games like Roblox are examples of Metaverse. Simply put, it is a fictional universe.
Considering the success of Roblox in Metaverse space, the future of Meta (Facebook) is very promising and the technical support levels are supportive of a LONG position.
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