Ever since Facebook announced its big project, the Metaverse, we saw many new Metaverse cryptocurrencies emerge. One such cryptocurrency is the Facebook Metaverse token aka Facemeta coin. Surprisingly, Facemeta coin is one of the top performers in the market in the past few hours. We look at what Facemeta token is, how to buy it and its price.
What is Facebook Metaverse Token?
Facebook Metaverse (FACEMETA) token aims to leverage Facebook’s entry into the Metaverse to gain attention from investors. According to its website, the project is inspired by Mark Zuckerberg and his vision of building the Metaverse. The ultimate goal of the project is to improve the conditions of poor people in Africa.
Built on Binance Smart Chain (BSC), the project is basically a mission-based play and win model. Only users holding a certain amount of Facemeta tokens are eligible to participate in the game. Players can start the game by creating an avatar to explore the universe and meet other players.
In the Facemeta universe, players can do various tasks to earn Facemeta tokens. In addition, players can also gain tokens by buying and selling their NFT properties like CARS, LANDS, HOUSES, STORES, etc. The team plans to conduct NFT programmes to collect money and donate these earnings to welfare organizations.
Read More: Top Metaverse Coins: What Are The Best Metaverse Crypto Coins To Invest In?
What is the Price of Facemeta Crypto Token?
On December 15, the Facebook Metaverse token surged by nearly 56% to reach its all-time high price of $0.00000001337. However, the Facemeta token's spike has cooled down over the past few hours and is trading at $0.00000001172 at the time of writing. Speculators may have been behind the rise of the Facemeta token.
The Facebook Metaverse token price is $0.000000004853 USD with a 24-hour trading volume of $117,345 USD. Facemeta token is down 8.50% in the last 24 hours. Moreover, the price of the Facebook Metaverse token has fallen by 34.37% in the past 7 days, according to Coinbase. Currently, the top exchange for trading on Facemeta coin is PancakeSwap (V2).