Bitcoin is currently valued at $19,000, and Ethereum has surpassed the $1,000 mark, while the overall crypto markets are exhibiting sideways trading. Amidst this landscape, the metaverse coin CEEK VR has displayed a bullish momentum of up to 20 percent over the past 24 hours.
It is evident that Metaverse and NFT projects continue to be among the most popular niches in the cryptocurrency space, and CEEK VR is no exception. The question arises: What factors have contributed to the rise in the price of CEEK?
Metaverse coin has increased by 20 percent in the last 24 hours: Here’s what happened
CEEK VR has witnessed a remarkable surge of over 20 percent in the last 24 hours, making it the best-performing Metaverse coin over the past seven days with a notable increase of over 7 percent. Currently trading at $0.26 and boasting a market cap exceeding $200 million, CEEK VR stands as the 9th most valuable metaverse token based on CoinMarketCap data.
The project has generated significant enthusiasm, attributed in part to its upcoming land sale scheduled for July 15. This highly anticipated event will provide users with the opportunity to acquire virtual real estate within CEEK’s metaverse.
CEEK VR’s recent surge is also attributed to its high-profile collaborations with major artists and events. The partnership with the World Music Awards, announced in June, promises an exclusive NFT collection. Earlier in May, CEEK VR collaborated with Daddy Yankee and Lito MC Cassidy for a music video. Notably, CEEK has previously partnered with iconic artists such as Lady Gaga and Demi Lovato, further contributing to the project’s appeal and market value.
In short: What is CEEK VR (CEEK)?
CEEK VR (CEEK) was launched in June 2018 as a Virtual Reality (VR) and Augmented Reality (AR) platform based on the Binance Smart Chain (BNB). It caters to music, arts, sports, and learning, offering users a range of immersive virtual reality experiences. CEEK VR has gained recognition for its high-profile partnerships with notable artists such as Demi Lovato, Ziggy Marley, and Lady Gaga.
The project’s primary goal is to establish a connection between fans and artists through its VR platform. Additionally, CEEK VR provides a metaverse headset that allows users to insert their phones and enjoy VR and AR content on the platform. Users pay a fee to access various channels and experiences, enhancing their overall music listening experience in a more immersive and engaging manner. If you are looking to elevate your music experience to a new level, exploring what CEEK VR has to offer is recommended.
CEEK VR gains momentum with land sale
Despite the adverse effects of the bear market on CEEK’s price, the project is currently experiencing an upswing. On June 17, CEEK was trading at $0.17, but the recent surge has propelled its price above $0.25. With a current market cap of $204 million, CEEK is recognized for its long-term potential as both a project and a cryptocurrency.
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