In the world of cryptocurrencies, new altcoins emerge regularly, and the question of which ones have the potential to reach the top of the capitalization list always remains relevant. Besides the blockchain technology itself, the success of an altcoin depends on several factors, including marketing strategy, potential mass adoption, and liquidity levels. So, why are these aspects so crucial, and how are they interconnected with the project’s success?
Let’s examine these indicators using the example of the TRC token from the MetaTrace project.
Firstly, MetaTrace is not just another NFT collection; it’s a comprehensive ecosystem that includes the GameFi application MetaTrace, the non-custodial wallet TraceWallet, a marketplace, and the Trace Quest platform. This multifaceted ecosystem holds significant potential in the web3 market, allowing users to participate in various aspects of the MetaTrace world.
The popularity of Trace Quest and TraceWallets.
Special attention is deserved by the Trace Quest platform, which gained popularity just two months after its launch. More than 1.5 million users have already registered on the platform, showcasing its tremendous potential. The platform’s popularity is not only due to its unique concept but also its straightforward onboarding process, enabling users to quickly become part of the MetaTrace ecosystem and earn rewards for completing tasks. Every registered user gains access to the Trace Wallet, meaning that over 1.5 million people are already using these wallets.
Moreover, the platform operates on the Free to Play & Earn principle, allowing for quick and easy entry into the project and the opportunity to earn rewards without significant effort. By completing daily tasks, users earn gems that can be used to open TraceBoxes and acquire unique NFTs, MATIC tokens, TRC, or ACE tokens. This approach attracts more users and generates additional liquidity for the TRC token.
Furthermore, MetaTrace has launched an extensive global marketing campaign, including mentions on popular cryptocurrency platforms, collaborations with bloggers and influencers, and various activities on the project’s social media. Even a television show on the Brazilian channel CBT and advertising on Times Square, New York, all underscore a serious approach to promotion.
The Future and Expectations
Lastly, and most importantly, the TRC token is backed by the MetaTrace game, which will soon be available on the App Store and Google Play. This could create additional demand for the token and increase its liquidity.
The MetaTrace project has gathered a large audience and demonstrated the potential for long-term success. However, as with any cryptocurrency investment decision, it’s essential to remember the associated risks and conduct thorough research before investing your funds.