Collect the 8,888 TRONs of TronWars – NFTs on the Ethereum Network!

• TronWars is a collection of non-fungible tokens built on the Ethereum network and launched in February 2022.
• The collection has 4311 owners and 11,009 sales with an average price of 0.21 ETH (~$347.61).
• The market capitalization for the collection is 207 ETH, with a floor price of 0.0186 and 30-day trading volume of 2.62 ETH.

What is TronWars?

TronWars are a non-fungible tokens collection built on the Ethereum network launched in 3 February, 2022. 8,888 items of the TronWars collection can now be viewed at OpenSea.

Owners and Sales

How many owners does the TronWars collection have? The total number of owners has reached 4311 within 384 days since its release. NFT Collection – TronWars Price and Sales The market capitalization of TronWars NFT collection is 207 ETH. Since created the TronWars, 11,009 collections sales were made at an average price of 0.21 ETH (~$347.61 at the time of writing). This created a total volume in 2,361.243 ETH. The floor price of Tron Wars is 0.0186 and the 30-day trading volume is kept at 2.62 ETH .The payment tokens of the Tron Wars collection are ETH, WETH .

Why are some NFTs expensive

Why are some NFTs expensive and others not? NFTs are very new to the blockchain ecosystem and are still in their infancy .It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT .NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage .These „established“ NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT marketand have ,in such a way ,made themselves more valuable .Whenthe NF Tboom took flight ,many people realized profits beyondtheir wildest dreams ,creatinga spacefor opportuniststo take advantageof themarket growth .While som eN FTscan be considered digital art ,created byan artist who recognizes t hevalueNF Ts can addtothe creativespace ,othershave been made purely outof greedandaneedto exploitthe immensemarketgrowth .N FTprojectsthat stemfrom greedandexploitationoft enhavenovalueandare ultimatelygarbage .

Is it Over or Underpriced?

IstheTronWar sCollectionOverorUnderpriced ?ItisdifficulttodeterminewhetherNF Ts fromtheTron War scollectionisoverpricedor underpriced Making suchan assessmentwillbecomeclearer whenthemarketforNF Tsandmetaversesdevelopsmore activelyThepriceisalsoinfluencedbyhowth eTronWar scollectionisdevelopedandpromotedbyits creatorsandcomm unity

Fees

TronWars fees Buyer fee to dev: 0 basis points Seller fee to dev: 750 basis points Buyer fee to opensea io :0 basis points Sellerfee toopenseaio :250basisp ointsBuyerfee :0basisp oint

BTC/USD Bulls Take Control: New Multi-Month Highs Reached

• Bitcoin (BTC/USD) maintained strong upward momentum early in the Asian session as the pair explored bids above the 24000 figure following its acute ascent to a fresh multi-month high around the 24903 level.
• Technical support levels and areas of potential buying pressure are around the 23833, 23552, 23171, 23134, 22878, 22717, 22674, 22101, 21439, and 21295 areas.
• Upside price objectives related to buying pressure around the 16326.16 area include the 25455, 25774, 27609, and 28004 levels.

Bullish Momentum

Bitcoin (BTC/USD) maintained strong upward momentum early in the Asian session as the pair explored bids above the 24000 figure following its acute ascent to a fresh multi-month high around the 24903 level. Stops were elected above a series of upside price objectives during the massive rally including the 23980.62 and 24224.60 levels.

Technical Support Levels

Technical support levels and areas of potential buying pressure are around the 23833, 23552, 23171, 23134, 22878 ,22717 ,22674 ,22101 ,21439 ,and 21295 areas. Moving averages associated with this price action include 50-bar MA (4-hourly), 100-bar MA (4-hourly), 200-bar MA (4-hourly), 50-bar MA (Hourly), 100-bar MA (Hourly) and 200-bar MA (Hourly). Price activity is nearest to 100 bar MA( 4 Hourly ) at 22832 .33 and 50 bar MA( Hourly )at23109 .81 respectively .

Upside Price Objectives

Upside price objectives related to buying pressure around 16326 .16 area includes25455 ,25774 ,27609 & 28004 levels . Similarly Upside price objectives related to buying pressure around 15460 area includes 26612 ,26931 ,29244 & 29639 levels respectively .

Stops Expected

Stops expected below technical support level 18390 .99 /16714 .46 /14500 .15 while stops expected above technical resistance level 25455 .06 /25774 .41 /26612 .64 respectively

Summary
Bitcoin continues its bullish trend with strong upward momentum early in Asian session as it reaches new multi month highs near 24903 level supported by a series of upsides prices objectives along with technical supports near 23833 -21295 & resistances near 25455 -26612 along with stop limits below 18390 & above 25455 respectively

Saudi Arabia Enters MOU with The Sandbox to Explore Metaverse

• Saudi government signed an MOU with The Sandbox to create a mutually beneficial partnership.
• Kucoin survey showed that Saudi Arabia was a significant country for digital asset adoption.
• LEAP Conference brings together tech innovators, including venture capitalist Tim Draper and footballer Thierry Henry.

Mutual Partnership with The Sandbox

At the LEAP Conference in Riyadh it was announced that the government of Saudi Arabia had signed an MOU with The Sandbox for their mutual benefit. This partnership is centered around exploring and developing Metaverse(s) technology and taking advantage of The Sandbox’s expertise in this sector. It is not yet known what exactly this partnership will involve beyond the formal agreement.

Survey on Digital Asset Adoption

A Kucoin survey conducted last July highlighted that Saudi Arabia was a significant country for digital asset adoption, partly due to its regulatory environment. This shows the Saudis‘ commitment to utilizing and promoting digital assets as part of their economic growth plan.

LEAP Conference

The LEAP Conference is a 4-day event bringing together 100,000 tech innovators and experts from all over the world. Key speakers at this conference include venture capitalist Tim Draper, retired footballer Thierry Henry, and other industry leaders.

Mutually Beneficial Outcomes

For The Sandbox’s part this can be an extremely advantageous partnership that can help it forge ahead of the rest of the Metaverse sector. On the other hand, if capital is needed then virtually unlimited funds might be available from the MOU with Saudi Arabia which could enable further development in metaverse technology .

Disclaimer

This article is provided for informational purposes only and should not be used as legal, tax, investment or financial advice