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November 12, 2021

Low-Cap Altcoin Surges by More Than 121% This Week Amid Booming Trading Volume

By Daily Hodl Staff

A low-cap non-fungible token (NFT) platform has surged by more than 120% percent in the past seven days amid booming trading volume.

Radio Caca (RACA) bills itself as the “exclusive manager of Maye Musk Mystery Box (MPB) NFT and DeFi+GameFi vehicle for The Universal Metaverse.”

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RACA, the 104th-ranked crypto asset by market cap, is trading at $0.00793562 at time of writing.

The project launched on the Binance Smart Chain (BSC) in October and was named one of the BSC’s “Most Valuable Builders” that month.

Binance Smart Chain also promoted the project on Twitter earlier this month.

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This week, Radio Caca announced it had nearly $107 million in daily trading volume on the Binance Smart Chain, a new record for the NFT platform.

“New record!!!!!! On [Binance Smart Chain],

the 24-hour trading volume of RACA reached $106.93M”

Source: RadioCacaNFT/Twitter

The project also noted on Twitter this week that its “Metamon Game” had more than 10,000 daily active users.

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Radio Caca says Metamon is the main character in its blockchain-based game on the Binance Smart Chain.

The project plans to expand the Metamon game into the Universal Metaverse (USM), which it bills as a “3D Mapping Metaverse” massively multiplayer online game (MMO).

Radio Caca explains,

“In the Metaverse, you use VR/AR technology to live in the virtual world with a new identity: new clothes, new body, new skills, new social status, etc.

In the USM Metaverse, each player is also a builder. They build a social network around themselves, establish a complete economic system and finally build a new virtual civilization. What’s more, they can create arts and mint into NFTs as their assets to exhibit or trade in the Metaverse.”

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Featured Image: Shutterstock/Veronika Yeroshenko/Vladimir Sazonov