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Highlights
- StarLink metaverse is perhaps the only truly decentralized metaverse project which aims to bring the best of two worlds – the Metaverse and the crypto-based economy – on one platform.
- As a space-themed metaverse, it aims to cash in on the adventure concept through various explorations and offers its users the ability to meet people, trade items, collect NFTs, etc.
- STARL is ranked 268 on CoinMarketCap, and it is currently trading at US $0.000016 with a trading volume of US$8,429,029 over a day.
The metaverse market is expanding at a rate of knots. After NFTs, it would be safe to say that it has been one of the most developing sectors of the crypto market that has caught the eye of the market participants. Today, Metaverse is becoming far more immersive with advanced technologies and has become far more interactive and collaborative than what the internet has ever been.
Therefore, it's not surprising to see that today, more and more blockchain companies are looking into the world of metaverse more actively and launching more projects on it.
One such token is the StarLink token (STARL), which has caught the attention of many market participants due to its unique offerings.
Also read: Why is FLUX crypto’s mechanism so unique?
What is StarLink crypto?
StarLink metaverse is perhaps the only truly decentralized metaverse project, which aims to bring the best of two worlds – the Metaverse and the crypto-based economy – on one platform. As a space-themed metaverse, it aims to cash in on the adventure concept through various explorations and offers its users the ability to meet people, trade items, collect NFTs, etc. The first crypto project boasts a development team with rich experience in working with the likes of Disney, Lionsgate Entertainment, Lucasfilm, etc.
Its native token STARL will govern StarLink, and it will primarily be used as a medium of exchange within the metaverse. The users can trade the token within the ecosystem, but it can also be used as an entry point to various stages of the metaverse game. In short, it can be best described as the digital currency for the virtual world.
The STARL token can be used in its play-to-earn game to hire pilots, build ships, and use them during various battle missions.
Also read: What makes Kusama a unique blockchain network?
StarLink crypto's price
STARL is ranked 268 on CoinMarketCap, and it is currently trading at US $0.000016 with a trading volume of US$8,429,029 over a day. STARL crypto has been having a tough period over the past month and has largely been witnessing a bearish trend. Last week, the token dipped by 16%. Even today, on 28 February, the token is down by 2.86%. STARL has a live market cap of US$162,161,690 and 9,979,172,029,858 STARL coins in circulation.
The project recently gave its fans a sneak peek of how the STARL ARENA will look in the Metaverse. The team calls the STARL ARENA the most beautiful and engaging space in existence.
What Is Starlink (STARL) Crypto? How Is It Unique?
Conclusion
The metaverse world is expanding rapidly, and many believe that its market will touch US$800 billion by 2028. StarLink is one of the metaverse tokens that has been grabbing attention despite its bearish phase. In the past, StarLink has also benefited from an unrelated promotion.
The StarLink token shares its name with Elon Musk's SpaceX division and satellites called Starlink. In November 2021, it saw a rally of 8% well due to this confusion.
As of now, only time will tell when the STARL token can move out of this bearish phase, but the market participants are optimistic that the token might rally soon.
