Why is Everdome (DOME) crypto gaining attention?

June 01, 2022 04:49 AM AEST | By Versha Jain
Follow us on Google News:

Highlights 

  • Everdome is a metaverse of the Metahero ecosystem.
  • On May 29, Everdome announced having Alfa Romeo F1 Team ORLEN as its sports partner. 
  • Everdome (DOME) crypto started its first land auction on its Metaverse on May 30. 

The Everdome (DOME) crypto has grabbed attention as land auctions on its metaverse continue to build its price momentum. The auctions started at 6:00 am ET on Monday. 

The OKX crypto exchange, a leading partner of Everdome, has bought substantial land in Everdome’s metaverse on Monday, marking its foray into the virtual-reality space. 

OKX plans to design interactive fan experiences with its brand partners, including McLaren and Manchester City Football Club, for Everdome’s metaverse visitors.

Visitors could learn about cryptos and the Web3 ecosystem in interesting, interactive ways in the Everdome metaverse. OKX also announced distributing five land plots to fans to celebrate its foray into the metaverse.

Also Read: Why is Orchid (OXT) crypto rising in a crashing market?

On May 29, Everdome announced its partnership with Alfa Romeo F1 Team ORLEN. The F1 team has acquired one of the biggest plots in the Sports & Entertainment district of Everdome’s metaverse. 

However, surprisingly, the token traded lower on Tuesday. It plunged 6.49% to US$0.0254 at 12:31 pm ET. Contrarily, the global crypto market rose more than 3.5% to US$1.32 trillion around the same time.

Also Read: Will Fableborne Game launch stop Avalanche (AVAX) crypto’s slide?

What Is Everdome (DOME)?

The Everdome metaverse is a part of the Metahero ecosystem. The real-world scanned objects and quality graphics give it a realistic feel. Everdome aims to create a web3 experience with hyper-realistic graphics for users to match the real-world feel.

Everdome aims to capitalize on the metaverse trend by offering real-life experiences for gaming, business transactions, social interaction, etc.

Robert Gryn, the youngest entrepreneur in Poland to make it to the Forbes Top 100 list, had founded Everdome to accelerate the adoption of blockchain technology.

The project team has around 25 members with diverse experience across sectors such as blockchain, coding, tech startups, and music and entertainment. 

Also Read: Why Celsius (CEL) crypto plunged to its lowest level since Sep 2020?

Why is Everdome (DOME) crypto gaining attention?Data Source: coinmarketcap.com

Also Read: Did Legend X hackathon trigger Aelf (ELF) crypto rally on Friday?

DOME token:

Its current market capitalization is US$145.27 million. The token’s trading volume fell 25.01% in the last 24 hours. The token has a self-reported circulating supply of 5.71 billion and a total supply of 100 billion.

Also Read: Why XCAD Network (XCAD) token's trading volume surged over 100%?

Bottom line:

One can purchase the Dome token from exchanges such as OKX, Gate.io, BKEX, Bybit, CoinTiger, etc. However, investors should exercise caution while investing in the unregulated crypto market.

Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instruments or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.



Top Listed Companies