Is Vulcan Forged (PYR) a Good Investment?
Gaming and metaverse-related crypto tokens will likely be the most important blockchain trend of 2022. Blockchain-based games featuring NFTs and virtual reality are expanding at a tremendous rate, which means that projects like Vulcan Forged can be a very good investment. But what is Vulcan Forged exactly, what makes it unique, and should you really invest in PYR tokens?
What Is Vulcan Forged?
Vulcan Forged is a groundbreaking game studio focusing on developing multiple games that utilize blockchain, cryptocurrency, NFTs, and metaverse to take the gaming experience to the next level. All projects created by Vulcan Forged are powered by the Vulcan Forged token (PYR), which is the backbone of the entire Vulcan ecosystem.
Unlike many blockchain gaming projects that focus on just a single game, Vulcan Forged is different. The PYR ecosystem includes many different games, and since they are all rapidly growing in popularity, many crypto enthusiasts think that Vulcan Forged is a good investment:
VulcanVerse – VulcanVerse is the main product of Vulcan Forged. It’s a beautiful, immersive metaverse based on themes from Greek and Roman mythology, and allowing the players to interact with a vast virtual land where you can play, meet with others, and earn valuable NFTs.
Anvil – the original NFT engine made by Vulcan Forged allows creators to easily build and launch their own metaverse dApps. Since Anvil allows the Vulcan Forged ecosystem to grow very fast, it’s one of the main factors why PYR is a good investment.
Berserk – an online trading card game featuring NFTs.
Frenzy – a unique platform enabling the users with “create-your-tournament” functionality, essentially allowing you to launch your own gaming events in the metaverse, with PYR tokens as prizes for the winners.
Vulcan Market – Vulcan Market is a vast NFT marketplace allowing the players to trade all assets and NFTs from all the projects in the Vulcan Forged ecosystem. The main feature of Vulcan Market is the fact that it has no gas fees, so you can trade NFTs for free!
Why Is Vulcan Forged (PYR) a Good Investment?
Even if you don’t plan on playing any of the Vulcan Forged games by yourself, Vulcan Forged is a good investment to make in 2022. While all metaverse and gaming projects with NFTs will likely grow massively in the near future, there are some advantages that make Vulcan Forged stand out from the competition.
Most importantly, the PYR token powering the Vulcan Forged ecosystem is hugely functional and has a lot of important use cases. It’s used to pay fees, it’s a currency allowing you to trade unique NFTs, it can be staked to generate passive income, and it can also be used as an in-game currency enabling the players to upgrade their NFTs.
But most importantly, PYR is a valuable cryptocurrency not just for the players, but for blockchain games developers as well. It empowers them with access to the groundbreaking Anvil NFT engine and to the Vulcan Forged metaverse dApp incubation program. This means that Vulcan Forged is a good investment for people who look for long-term profits, as PYR has a real chance to become one of the most important gaming tokens of the future.
Vulcan Forged (PYR) Price Predictions for 2022
Metaverse experts agree that Vulcan Forged is a good investment. But what about some specific PYR price predictions?
Some crypto enthusiasts are very modest in their PYR price forecasts. For example, the Twitter user Judah Schwartz only predicts Vulcan Forged to reach $25:
However, low PYR price predictions like that are exceedingly rare. The majority of crypto experts seem to believe that the PYR price will reach $50 at least, which looks like a very realistic target. A $50 PYR price prediction was shared for example by the renowned analyst Rhino Capital, who lists Vulcan Forged as one of the most undervalued hidden gems of today’s crypto market:
I don't see why people are still buying $ETH, $DOT, $LUNA, $SOL, $AVAX, $EGLD & $BNB.
Paying high gas fees that too.
Why not buy gems like $STARL, $MNW, $PYR, $SAND, $KDA & $BLOK at a lower price?
Just think about the bags you'll have when they hit $50.#altcoin #Trending
— Rhino Capital 🦏 (@RhinoCapital_) January 5, 2022
But some members of the crypto community are even more optimistic in their PYR price forecasts. The Twitter user Offline says that PYR is “crazy bullish”, and that Vulcan Forged will reach $100 in the foreseeable future!
$PYR is crazy bullish, price needs to stay sub $15 until I get more. I would be shocked if the highs don’t reach at least $100 this year, very shocked. https://t.co/rSgZyp0CqG
— Offline (@disconesso1) January 4, 2022
Will Vulcan Forged (PYR) Reach $50?
Vulcan Forged will reach $50 in the future according to a large number of crypto experts. Since that would only require the PYR price to increase by less than 5x, the opinion that PYR will reach $50 seems to be a very realistic Vulcan Forged price prediction.
Is PYR an ERC-20 Token?
Vulcan Forged (PYR) is an ERC-20 (Ethereum-based) token. This means that you can trade it on decentralized exchanges built on the Ethereum network and that you can safely store your PYR crypto in any wallet supporting ETH and ERC-20 tokens.
Is PYR on Coinbase?
Vulcan Forged (PYR) has not been listed on Coinbase yet, and it is unclear when it will be listed. Fortunately, you can buy PYR on a large number of other cryptocurrency exchanges.
How Can I Buy PYR Crypto?
You can buy PYR on many popular crypto exchanges. This includes centralized exchanges such as Binance, KuCoin, Gate.io, Huobi Global, Hotbit, HitBTC, or Pionex. You can also easily buy PYR crypto on the decentralized exchange Uniswap.
So, Should I Invest in the PYR Cryptocurrency Now?
Like most metaverse and NFT gaming-related cryptocurrencies, PYR is a good investment to make in 2022 according to many blockchain experts and crypto enthusiasts. But Vulcan Forged is not just another gaming token – it’s a unique project which can potentially become one of the most important metaverse projects in the blockchain ecosystem.
The main reason why Vulcan Forged is a good investment is that it’s not just a single game – it’s a vast platform combining many different projects: from simple games to complex metaverses, all powered by the PYR token and featuring groundbreaking solutions like NFTs and virtual reality.
Last but not least, Vulcan Forged is also specifically designed for NFT and metaverse dApp developers, who can use PYR tokens to easily build and launch their own games. Because of that, the PYR ecosystem is likely to grow much faster than the competition, which definitely means that Vulcan Forged is a good investment if you look for a solid project that can bring you long-term gains.
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