What is Wilder World metaverse? WILD crypto’s trading volume soars

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What is Wilder World metaverse? WILD crypto’s trading volume soars

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 What is Wilder World metaverse? WILD crypto’s trading volume soars
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Highlights 

  • Wilder World has a pretty low market cap as compared to Decentraland and Axie Infinity
  • The metaverse of Wilder World has yet to find acceptance among backers for its virtual real estate and gaming as compared to the already booming metaverses of Decentraland and The Sandbox
  • WILD token’s price in the long term could be a product of Wilder World’s metaverse adoption

Metaverses have become quite a sensation and Mark Zuckerberg’s plunge into this sector last year perhaps helped. And this year, Microsoft’s purchase of a major gaming company, Activision Blizzard, is being seen as the software giant’s move into the metaverse industry.

In the cryptocurrency universe, which is known primarily for Bitcoin, a number of projects were already working in the metaverse space, even before Facebook’s and Microsoft’s move. These projects are more of gaming verses. A few like Axie Infinity and Gala Games are mainly gaming adventures, while others like Decentraland have a wider fictional setting including virtual land and digital assets

A relatively lesser-known project is Wilder World. Let’s know more.

What is the Wilder World metaverse?

The project claims to be a 5D metaverse that includes a virtual land named Wiami and vehicles that come as non-fungible tokens (NFTs).

Also read: XMR, ZEC & ROSE: Top 3 privacy cryptos by market cap surge

According to the project’s website, people can build in Wiami, but this has yet to be unveiled. Besides, Wilder World’s metaverse also claims to have living spaces in the form of “condos”. The website seems to be hinting toward a gaming verse and also NFTs created by artists, which it says will be “interactive”.

The project seems to be in its very early stages, and it has yet to become a major player like Decentraland and The Sandbox with respect to virtual real estate.

Wilder World crypto

Wilder World uses the WILD token as its native cryptocurrency. It is said to have use in the governance of the Wilder World ecosystem and other purposes like staking of tokens.

Also read: What is Ethereum Name Service crypto’s utility? ENS token gains

WILD crypto’s price

As of writing, the WILD token had a market cap of nearly US$113 million, which ranked it among the top 500 cryptos on the CoinMarketCap list. The price per token was nearly US$1.3. The WILD crypto can be traded on exchanges like Huobi Global.

WILD crypto’s price fluctuation

It is notable that the Wilder World crypto was priced nearly US$7 in November last year. But since then, a bearish trend has gripped the crypto, except for a few short-lived hikes in its price.

Also read: Why are nickel & aluminum prices high?

The WILD token started 2022 with a US$3.3 price tag, and by this measure, it has yet to recover a lot of ground. Over the past 24 hours, the trading volume of WILD was up over 50 per cent, but this did not translate into price gains.

Wilder World crypto price

Data provided by CoinMarketCap.com

Bottom line

Wilder World claims to be a 5D metaverse with features like gaming, virtual real estate, and NFTs. This sounds similar to the offerings of comparatively high market cap projects like Decentraland and Axie Infinity.

 

In order to draw the attention of crypto enthusiasts, Wilder World’s metaverse may have to demonstrate utility in a sector that might soon face competition from tech giants. Wilder World crypto’s price prediction is difficult considering the ongoing volatility in the crypto market and WILD crypto’s own fluctuations.

 

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