ETP (Metaverse) as Large-cap Coin is 56th in 2100NEWS ranking. ETP has Good quality of the order book. The average quality of the order book for large caps members of NWSL100 index is 10. What is the true value criterion in the crypto world?
*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you tokens that are worth keeping in mind when you create a buying list to go into the crypto world.
ETP has been launched in 16 exchanges.
ETP as Large-cap Coin is 56th in 2100NEWS ranking (after Index Review of 13th September 2019). It is an Index member: NWST1100, NWSL100, NWCo100, NWSDM100.
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13, (Average for Large caps: 10)
Over the past week, the average market cap was $54.3 million, average daily volume was $4.5 million.
To make appropriate peers comparison we gauged the ETP (Metaverse) coin with 2100NEWS Digital Assets 100 Coin Index (NWSCo100). Looking at the chart below, at the top we can see the ETP vs. NWSCo100, in the middle of the chart is original ETP price, at the bottom of the chart are NWSCo100 and correlation between ETP and NWSCo100. On average (purple area graph), the relationship between ETP and NWSCo100 has shown ups and downs from May for nearly five months, meaning it reported near 120% gain in May and June. Then we were observing a consolidation, it was oscillating (+13%, -27%) around the blue horizontal line. However, the correlation graph gives us an explanation that ETP was moving in the opposite direction as the NWSCo100 (negative correlation) two weeks in August. For the rest of the time, representing 90% of the time, it was moving in the same direction as the NWSCo100. Now the ETP /NWSCo100 ratio is 48% higher as in May. So, the last four months, ETP has been a good representative of the NWSCo100 index.
The circulation supply is 76,644,127 (at the time of this article’s writing).
According to their roadmap they are in the second phase of upgrading MPC (Metaverse Pillars of Creation). In September, at the FinWise Summit in Macao, CEO Eric Gu revealed details of DNA Metaverse (the solution to the impossible blockchain trilemma of scalability, decentralization, and security). They launched the DNA Community Bounty for early supporters. They invest heavily in the community. They have 13.9K followers on Twitter. They have also Ambassador program. Anyone who has psassionate about Metaverse vision and values and is ready, capable and motivated to nurture awareness about Metaverse can apply to become their Ambassador.
About Metaverse ETP – what they do
Metaverse is a blockchain project that provides a foundational infrastructure for social and enterprise needs. Their goal is to construct a universe where digital assets (Metaverse Smart Token) and digital identities (Avatar) build the basis for asset transactions with the help of a value intermediary (Oracle), thus establishing a new blockchain ecosystem that will transform human society and allow us to enter the New Reality.
Through BISC (Built-in Smart Contract), Metaverse provides functionalities in digital assets (MST), digital identities (Avatar), Oracles, and MST exchanges. Through the use of MST, users reap the advantages of blockchain technology, such as the power to generate and distribute their own cryptocurrency. The digital identity Avatar reflects the relationship between people, people and assets, and this Avatar can be linked to MST. Through the use of Avatars, anyone can become value intermediary Oracles, and Oracles can help construct an immutable decentralized system (Reputation). MST can resolve fundamental liquidity issues in asset trading, thus solving a critical problem in any financial system.
MST and Avatar are utilized under blockchain technology that is fundamentally integrated with IT systems. This process can be described as BaaS (Blockchain as a Service). BaaS is a quick and convenient way to build blockchain applications.
Founded in August, 2016, Metaverse is based in Shanghai, China. In addition to the three founders: Eric Gu (Founder & CEO), Chen Hao (CTO & Co-founder) and Michael Jiang (Head of R&D & Co-founder), Metaverse consists of a dynamic and professional international team.
Exchanges: BiKi, Bitfinex, Bit-Z, CEX, COINBIG, Coinsuper, EXX, GETBTC, Haodex, HitBTC, Huobi Korea, KEX, MXC, QBTC, RightBTC, TOPBTC.
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The Crypto Highlights are considered the opinion of 2100News and the material is for informational purposes only and 2100News is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any tokens ETP.