Awaiting the CPI, Aptos manages to surprise, while MATIC does not shine and Calvaria has yet to find its place in the crypto world.
Summary
Crypto: price analysis of Calvaria, Aptos and MATIC
Calvaria struggling with pricing, Aptos continues its ascent while Matic trudges along, the crypto world offers a spectrum of varied situations.
Calvaria (RIA)
RIA reaches €0.014482 with a volume of €2,987,745.
Duels of Eternity loses 2.27% from yesterday in a very volatile trading day.
The token was also recently launched as a Play to Earn (P2E) card game.
The initial exchange offering occurred on the BKEX exchange and is given to grow in the near future.
P2E is expected to grow in the next few years, and consequently Calvaria should benefit in cascade.
Calvaria is divided into several game worlds in which each user based on their skills and time can profit from tokens.
The playing cards are Non-Fungible Tokens (NFT) and are owned by the players.
The more a DEX (deck) wins, the more the player’s cards (NFTs) appreciate in value.
According to Absolute Reports, the value of the P2E industry related to NFTs may reach nearly $3 million within 5 years.
In pre-sale Calvaria has raised a whopping $3 million, and the RIA token is going gangbusters on the various exchanges.
The initial exchange offering was launched last week.
Aptos (APT)
Aptos is the layer 1 blockchain from Aptos Labs and is based on the Move language.
Since January, the token has stunned everyone thanks to an unprecedented 400% rise.
After a slight decline in early February today Aptos continues to gain 10%.
One unknown was related to the release of additional Aptos tokens on 12 February, a transaction already done in the past when the rally had started.
4.5 million Aptos were released on Sunday and the effect was an appreciation in value.
Aptos’ circulating supply is 160.29 million, and the new issuance was 2.83% of the total.
The last time such a release had happened had coincided with the very beginning of the last market rally that led us to the current situation.
Today, APT’s price is around €13.03, still far (but still less) from the all-time high of €18.51.
Polygon (MATIC)
MATIC is the native crypto of the Polygon network.
Polygon allows for greater speed in transactions that rely on a Layer 2 sidechain.
MATIC has long occupied the top ten cryptocurrencies with the largest market capitalization just behind Dogecoin and Cardano.
Polygon is Ethereum’s most popular Layer 2 precisely because of its functionality features and its demand is constant.
Since the first week of January, Polygon has been on a relentless rise that has begun to show its side.
The slowdown of Bitcoin and Ethereum had suggested that other cryptocurrencies would also follow this fate.
MATIC’s value this week regained 1.81%.
Today MATIC is worth €1.10 and has recovered about 40% from its all-time high.
As of today there are 8,734,317,475.285 of MATIC and analysts still give it as a very good investment in the long run.
