Cryptocurrency

MAGİCCRAFT (MCRT) Coin Overview and Weekly Technical Review:

This article centers around a thorough assessment of MCRT coin's technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it

This article centers around a thorough assessment of MCRT coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it  ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits.

What is MAGİCCRAFT (MCRT) Coin?

MagicCraft (MCRT) is a virtual currency commonly used in the world of blockchain-based gaming, particularly within the MagicCraft platform. It serves as an in-game currency that allows players to purchase items, upgrades, and other virtual assets within the game ecosystem. The MCRT coin operates on its own blockchain network and offers secure and transparent transactions for users. By utilizing MCRT coins, players can enhance their gaming experience and participate in various activities within the MagicCraft community.

 

If you want to know more about the MAGİCCRAFT (MCRT) coin , you can visit its website.

MAGİCCRAFT (MCRT) Coin Overview and Weekly Technical Review

https://magiccraft.io/

Projects:

MagicCraft (MCRT) coin is primarily associated with the MagicCraft platform, which revolves around blockchain-based gaming and virtual reality experiences . The key projects of MCRT coin include :

 

  1. MagicCraft Game : MCRT serves as the in-game currency for the MagicCraft game , allowing players to purchase virtual assets , upgrades , and other items within the game ecosystem .

 

  1. Virtual Reality Integration : MagicCraft aims to integrate virtual reality technology into its gaming experience , providing players with an immersive and interactive environment .

 

  1. Decentralized Marketplace : MCRT facilitates transactions within a decentralized marketplace where users can buy or sell in-game items securely using smart contracts .

 

  1. Community Development : The project focuses on building a strong community of gamers who can interact, compete , collaborate , and contribute to the development of the MagicCraft ecosystem .

 

  1. Partnerships and Collaborations : MagicCraft aims to establish partnerships with other blockchain projects and gaming platforms to expand its reach and offer cross-platform functionalities .

 

Overall , these projects aim to create an engaging gaming experience while leveraging blockchain technology’s benefits such as transparency, security, ownership rights for digital assets , and seamless peer-to-peer transactions using MCRT coins.

 

Factors affecting price: 

 

The price of MagicCraft (MCRT) coin, like any other cryptocurrency , can be influenced by various factors . Here are some key factors that may impact the price of MCRT :

 

1Market Demand : The level of demand for MCRT within the gaming community and among investors can significantly affect its price. If there is high demand and limited supply , the price may increase .

 

  1. Game Updates and New Features : The release of new game updates , features , or expansions within the MagicCraft platform can generate excitement among gamers and potentially drive up the demand for MCRT coins .

 

  1. User Adoption : The number of users actively participating in the MagicCraft ecosystem can influence the coin’ s value . Higher user adoption typically indicates a thriving community and increased utility for MCRT .

 

  1. Overall Cryptocurrency Market Trends : Price movements in major cryptocurrencies such as Bitcoin or Ethereum can have a cascading effect on altcoins like MCRT since they often follow broader market trends .

 

  1. Regulatory Environment : Changes in regulations related to cryptocurrencies or blockchain technology could impact investor sentiment towards MCRT and potentially influence its price .

 

  1. Partnerships and Integrations : Collaborations with other projects or platforms within the gaming industry or blockchain space may bring exposure to MagicCraft (MCRT) , leading to increased interest from investors .

 

  1. Investor Sentiment : General market sentiment, news events related to gaming or blockchain technology, economic conditions, and global events can all contribute to investor sentiment which might affect buying/selling decisions regarding MCRT coin .

 

It is important to note that cryptocurrency prices are highly volatile and subject to rapid fluctuations due to several external factors beyond those listed above .

 

Where can I buy MAGİCCRAFT Coin (MCRT)?

 

Exchange                           Pair                 Volume

 

 

 

 

 

 

 

MAGİCCRAFT Coin (MCRT) BasMCRTine Assessment :

 

The market cap of the MAGİCCRAFT (MCRT) coin is 7.508.986 and its circulating supply is 3.203.420.689 units. Its maximum Supply is 10.000.000.000 units, with a fully diluted valuation of $ 23.440.524 .

 

What is the high price point for MAGİCCRAFT Coin (MCRT)?

MAGİCCRAFT (MCRT) highest price is $0.0978 recorded on Dec 29, 2021. The current price is -97.6% lower than the all-time high .

What is the low point of the price for MAGİCCRAFT Coin (MCRT)?

 

MAGİCCRAFT (MCRT)  token’s lowest price was $0.001509 on Jul 03, 2022.

 

MAGİCCRAFT Coin (MCRT) Technical Outlook:

MagicCraft (MCRT) coin, which was $0.0375 on 10 Jan 2022, fell to $0.001481 on 11 Jul 2022 . From here , it rose again by $ 0.0230 and made an increase of 1585%, but it could not hold at this level and retreated again. The increase in volume in recent weeks draws attention. It may want to go to the lower band of the falling channel as it stays below the $0.002641 level, where the volume is concentrated. Here, our support zone is $0.001481, a pullback is expected here. Falling fibo levels should be followed as resistance in possible rises.

Our support zone: $0.001481. Our sequential resistances: $0.003176 – $0.005092 – $0.007457 – $0.010920 – $0.018796 – $0.037540

Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences .  Therefore making an investment decision based solMCRTy on the information herein may not yiMCRTd results that meet your expectations .

 

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Sean Odhran

Financial Writer/ Content Editor Hello there, my name is Sean, and I'm a financial reporter with a particular interest in the world of cryptocurrency. I'm passionate about delivering accurate and insightful reporting that helps my readers navigate the complex world of finance and make informed decisions about their investments. As a financial reporter, I cover a wide range of topics, including market trends, economic indicators, and emerging technologies. I write financial news for different news sites and aim to raise awareness of the reader. I believe that staying on top of the latest developments in the financial world is essential for understanding the broader trends that are shaping our world. In addition to my work as a financial reporter, I'm also a keen writer and enjoy exploring different topics through my writing. I find that writing helps me clarify my thinking and express myself in a way that resonates with my readers.

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