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Is ALICE a Good Investment?

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Alice Good Investment

My Neighbor Alice is a unique cryptocurrency project which has been performing amazingly over the past few months. Numerous blockchain experts are convinced that ALICE is a good investment. But what is My Neighbor Alice exactly, and is ALICE really one of the most promising altcoins on the market?

What Is My Neighbor Alice?

My Neighbor Alice (ALICE) is a multiplayer, blockchain-based video game combining Non-Fungible Tokens (NFTs) with smart contracts and other decentralized solutions. The game allows the players to interact with a vast and colorful virtual world, purchase and own plots of virtual land, create and trade an enormous number of unique in-game items, and meet new friends from all over the world.

The main advantage of My Neighbor Alice is the fact that the game is specifically designed to be as inclusive, accessible, open, and welcoming as possible. Because of that, My Neighbor Alice is very attractive to all kinds of players – it’s a very fun and easy to learn game for casual fans, but it also provides a deep and profitable in-game economy for players who’d like to get more serious about trading and collecting Non-Fungible Tokens in a gamified environment.

But trading in-game items and plots of virtual land in the form of NFTs is not the only way to profit from My Neighbor Alice. Investing in ALICE, the digital currency powering the My Neighbor Alice ecosystem, is another way of profiting from the project for those investors who are not personally interested in video games.

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Why Is ALICE a Good Investment?

ALICE is the native token that serves as the backbone of the My Neighbor Alice virtual economy. Since My Neighbor Alice is one of the most rapidly expanding blockchain-based games utilizing Non-Fungible Tokens, many NFT experts believe that ALICE is a good investment and can generate significant long-term profits.

But ALICE is much more than just the in-game currency allowing My Neighbor Alice players to purchase and trade in-game items. It’s a multi-purpose digital asset with many important use cases outside of the in-game world of My Neighbor Alice.

For one, ALICE also serves as the governance token of the My Neighbor Alice project. All ALICE holders are eligible to participate in the My Neighbor Alice DAO (Decentralized Autonomous Organization). In other words, ALICE enables the players to take control of the development of the game, and it empowers them to vote on all important matters regarding the future of the project.

Finally, ALICE can be staked to create blockchain-based passive income, allowing the players to profit from the game even if they are not currently actively enjoying the in-game world or trading and collecting items.

It’s also worth noting that My Neighbor Alice has a small, limited supply of 100,000,000 ALICE tokens. Since the token is immune to inflation, most crypto analysts believe that ALICE is a good investment, and the My Neighbor Alice price predictions are looking very bullish.

ALICE Price Predictions

Technical analysts on Twitter are optimistic regarding the future of My Neighbor Alice. Many of them believe that the ALICE price will soon enter the price discovery phase, during which the My Neighbor Alice valuation will be likely to massively erupt in a very short period of time:

The popular NFT expert ColdBloodedShiller has analyzed the My Neighbor Alice chart in great detail. He is convinced that the token has very strong support and that the “true discovery phase” will make the ALICE price skyrocket, greatly surpassing the previous My Neighbor Alice all-time high of almost $60.

It’s also worth noting that My Neighbor Alice is a good investment due to the fact that it’s a very active project. As observed by the renowned blockchain developer Trader Fred on Twitter, My Neighbor Alice is one of the alternative currencies with the highest relative volume:

Blockchain experts on Youtube are also very bullish about My Neighbor Alice. For example, the popular crypto analyst RAGO believes that the ALICE price will reach $100 in the near future. However, RAGO also claims that before this goal is reached, My Neighbor Alice must first reach its short-term price target of $50.

According to the technical analyst Beyond10x, the My Neighbor Alice price pump might start as soon as the ALICE price reaches $20, which will allow the true price discovery of My Neighbor Alice to start. Beyond10x also mentions the fact that according to both technical and fundamental analysis, ALICE is a good investment and can even be considered one of the most promising NFT-related projects in the blockchain ecosystem.

Is ALICE Coin an NFT?

ALICE is the in-game currency and the governance token of My Neighbor Alice, a blockchain-based game highly utilizing NFTs. ALICE can be traded for a large number of unique Non-Fungible Tokens, such as plots of virtual land and in-game items of My Neighbor Alice.

Where Can I Play My Neighbor Alice?

My Neighbor Alice can be downloaded from Steam, or from the official website of the project. Currently, My Neighbor Alice is only available for PC, but there’s a possibility that a version for mobile devices and other systems will be released in the future.

How Do You Stake ALICE Coins?

Staking ALICE coins is very simple. The coins can be staked in-game, without having to leave the virtual world and without using any external platforms or applications.

Where Can I Buy ALICE Coins?

ALICE coins are available for purchase on a variety of major centralized crypto exchanges, including Binance, Bithumb, FlyBit, and Crypto.com Exchange. You can also invest in My Neighbor Alice using a decentralized exchange such as Uniswap or PancakeSwap. Unfortunately, ALICE has not been listed on Coinbase yet, but it might happen in the near future.

Will the ALICE Price Grow?

Most technical analysts agree that the ALICE price will keep growing in the foreseeable future. The ALICE price predictions for 2021, 2022, 2023, and beyond are looking very bullish, and the valuation of My Neighbor Alice is likely to erupt soon.

Is ALICE a Good Investment?

ALICE is a good investment according to a large number of blockchain experts, because of the fact that My Neighbor Alice is a rapidly expanding project, and it might become one of the largest crypto projects in the ecosystem. Since the ALICE coin is immune to inflation due to its small fixed supply, it is a good long-term store of value.

Conclusion

Combining Non-Fungible Tokens, smart contracts, and gaming is considered one of the most attractive applications of blockchain technology. It’s a massive, untapped market that is only just starting to be explored. If the current trend of the growing NFT popularity continues, My Neighbor Alice might even become one of the most popular blockchain-based projects in the world.

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