Will Star Atlas manage to offload its loss?

4 min read | March 24, 2022 02:30 AM AEDT | By Manu Shankar

Highlights

  • Star Atlas is a virtual gaming metaverse set in a futuristic world of 2060 and combines three significant fractions: the alien race, the sentient androids, and the human race. 
  • On 4 February, the ATLAS crypto has been setting the market on fire following the news of the launch of its exclusive space flight Fimbul Airbike on Galactic Marketplace. 
  • On Wednesday, the Star Atlas token was trading at US$0.026398 with a 24-hour trading volume of US$4,983,857. 

Metaverse space has gripped the cryptocurrency world. Star Atlas crypto (ATLAS) is one of the leading names of the metaverse games, which has made an impression on investors of late. The virtual gaming metaverse is set in a futuristic world of 2060 and combines three significant fractions: the alien race, the sentient androids, and the human race. Along with its peers, like the Decentraland, Axie Infinity, The Sandbox, etc., Atlas has created quite an impression on its followers. 

The Star Atlas token witnessed a decent run on the crypto market over the past week with a rally of over 11%. However, some of the Solana-powered protocol's gains seem to have receded on 23 March as it was down by 1.39%.

Also read: Squid Games, Tesla Coin: Famous Crypto Coins that are Dead Now

Why is Star Atlas grabbing eyeballs? 

Star Atlas metaverse has been grabbing attention despite the lull due to its announcement of the matchups between the gamers. Besides, it also provided a sneak peek of the ship drop, which is expected to hit the Galactic Marketplace later this week. 

The Ship drops have created enough buzz in the market, as many users are even saying that they are eagerly looking forward to the ship drops. With its interactive gameplay, Star Atlas crypto offers the users the enjoyment of playing the game and collecting exclusive NFTs all along, which can be traded on real-world assets value. 

Also read: Will KASTA (KASTA) crypto be able to sustain its current upswing?

How is STAR token faring? 

On Wednesday, the Star Atlas token was trading at US$0.026398 with a 24-hour trading volume of US$4,983,857. The token was down by 1.39% over a day, with a live market cap of US $57,018,615.

The Star Atlas project also offers the users the opportunity to mine the tokens and derive revenue streams. The volatility is something to watch out for, and contrary to the usual trend, the ship drop announcement hasn't has lived up to the hype so far. As market participants, one must be wary of the crucial signs and volatility factors, and one must be on the lookout and stay vigilant in the crypto markets.

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