As GameFi markets bleed out, RobotEra is making huge shockwaves in the sector.
Key GameFi assets have entered freefall this week as chart structure fractures. Investors in leading GameFi projects Decentraland (MANA) and The Sandbox (SAND) are in a panic.
Both of the hyped-up gaming projects have broken below their 200-day MAs, priming significant downside risk.
A look at the MANA chart shows support at $0.70 has failed.
Price action seems to be moving toward a cascade of hammering red candles smashing the 200-day MA. So far, MANA is already -26% from local highs.
The last time this happened, in the immediate aftermath of FTX, MANA collapsed to $0.40. This likely forms the next floor of support in this breakdown.
SAND is also experiencing the start of a cascade of lower lows.
Tightening volatility through February has finally made a decisive move to the downside.
With a -29% breakdown from SAND’s local highs, price action could likely catch support once it has reached $0.55.
As capital flees MANA and SAND, GameFi investors seem to be flocking to an unlikely GameFi presale.
RobotEra – The Next Big Thing in GameFi
At the cross-section of immersive SciFi gameplay and the rise of play-to-earn (P2E) gaming sits RobotEra. An exciting new platform aiming to challenge the status quo in GameFi.
The idea is simple. For too long, P2E has failed to deliver engaging, fun games. This has suffocated development in the GameFi sector. Prioritizing in-game profit maxing over user experience is a recipe for failure. It doesn’t work.
For Web3 to succeed at adoption, the game has to come first. And this is exactly what RobotEra sets out to do.
Set in a cyberpunk world of robot racing, bot fighting, and droid strategy. RobotEra delivers players to a supercharged circuit of PVP games and PVE challenges.
The possibilities are endless because of the unique customization mechanism (drag and drop) within the game.
Players are able to design their robot in their image – sleek and stylish, or, a brutal rust bucket – the choice is yours.
Game mechanics are designed to encourage players to show off their builds and skills.
Players can connect across the world, with the fostering of online community at the heart. Designated community spaces exist for sharing creations, and showcase challenge champions.
Community and personalization meet at the RobotEra NFT marketplace. Players can design, mint, and sell custom NFT components for the marketplace.
This creates opportunities not only to level up your robot but also to make money as a robotic NFT designer.
How TARO token powers RobotEra
Built on the back of Ethereum, TARO is an ERC-20 token with a difference. Not only does it reap the benefits of deployment on Ethereum. Such as fast and secure transactions, alongside scalability.
As a GameFi innovation, TARO has a competitive edge. Not only acting as the blockchain backbone for RobotEra. But also offering the opportunity to get on the ground floor of transactional settlement across a new ecosystem.
Currently in presale round 1 at a sale price of $0.020 USDT – the TARO token is moving fast.
Round 1 has already raised $863,421 – as GameFi investors are racing to secure MANA and SAND profits. With the presale moving this quick – TARO is set to hit presale round 2 in the very near future. The second presale round will see TARO prices hiked up to $0.025 USDT (+20%).
If you’re ready to capitalize on the future of online gaming, be sure to check out RobotEra today.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.