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The good news that US inflation came in at 7.1% in November, well below expectations of 7.3%, also boosted the crypto market. This means that inflation figures in the United States have fallen for the 5th time in a row. This now comes with the expectation that Fed Chairman Powell will announce a lower rate hike today than last time. Previous sessions each brought an increase of 75 basis points, which significantly increased the pressure on risky assets such as cryptocurrencies. Today, Powell is expected to announce a 50 basis point interest rate hike. If he also finds reassuring words about the economic situation improving and promising an early end to inflation, this would also give the crypto market a significant boost. The SAND token is also benefiting from these developments and has risen by 4% in the last 24 hours.
Help shape the future of the RobotEra Metaverse and get the TARO token in your wallet now.
This means that SAND is currently still just below the EMA 20 line and, after another impulse, could also break through this important boundary today. The 50 day line still needs a further 10% increase. With a market cap of over $865 million, the coin currently ranks 48th, down 93% from its all-time high of $8.44. The hype surrounding The Sandbox over the past year has seen many celebrities and corporations pour hundreds of millions of dollars into the Metaverse. Even though the crypto market is still under pressure, it can be assumed that investments in the virtual universe should not be wasted and that a lot of work will be put into establishing the Metaverse in the coming years.
RobotEra as an alternative?
The Sandbox clearly indicated the potential of this market. The Meta Group also shocked with its latest quarterly figures because several billion dollars have already been invested in the development of the Metaverse. This clearly shows that the future is happening here. Some of the biggest companies in the world, which are already making a difference in our present, rarely go wrong when they invest billions of dollars in a project. This clearly shows that there will not be a single metaverse and that the future will take place in different virtual worlds. RobotERa creates one.
Take an active part in the development of the RobotEra metaverse and bring a breath of fresh air to your wallet. Secure TARO tokens in presale now.
RobotEra creates an open virtual universe that the player can actively navigate and shape with their robotic NFT. The world thus created has the potential to captivate many users and therefore also to attract companies and large investors. This makes the TARO token, around which everything revolves in this world, a promising coin. This is currently still in presale and could bring extremely high returns to its investors in the coming year.
Take advantage of the hype surrounding the Metaverse and get the TARO token in your wallet ahead of time.
In the current first stage of the presale, the TARO token is still available at 0.020 USDT before the price increases to 0.025 USDT in the second stage. Anyone who now joins the first stage has the great advantage that they can already record a book profit of 25% thanks to the planned price increase. However, this could multiply in the new year when the TARO token is launched. With such a successful concept and a solid pre-sale, which has already brought in more than half a million dollars, price increases of 1,000% and more cannot be ruled out.
Invest in one of the hottest projects of the coming year right from the start and secure TARO tokens at a pre-sale price.
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