In this article, we’ll push points off by exploring the HYTOPIA bitcoin game. From it, we’ll dive into the ins and outs of the TOPIA bitcoin gift. Finally, to top things off, we’ll exhibit you how to evaluate and buy the coin using Moralis Money- the greatest crypto volatility indicator!

If this sounds interesting, meet us below as we start by exploring the workings of the HYTOPIA ecology!

What is HYTOPIA? Discovering the HYTOPIA Crypto Game

A creative blockchain video game called HYTOPIA was created in the style of NFT Worlds. You can think of HYTOPIA as a collection of kingdoms and sports. The developers of the game are made up of individuals who have much been pioneers in the development of Minecraft’s third-party activities and mod habitat. And the goal of HYTOPIA is to become” the second Minecraft”.

The software for HYTOPIA was created from the ground away, and it draws inspiration from well-known match concepts that many people have become familiar with. Also, HYTOPIA aims to address the gaps and restrictions on creative expression that are already present in the Minecraft ecology while also modernizing the gamer experience.

The goal of the HYTOPIA bitcoin sport is to promote collaboration and development among a neighborhood of content creators, contributors, and players. In doing so, they hope to create a captivating gaming experience that Minecraft lacks due to its limits.

To achieve this, HYTOPIA plans to create a unified ecosystem of donors, authors, and people by building a new system, activity, and website from scratch. As well as integrating systems, sources, and the support the community needs to create a wide range of captivating gaming experience!

Significant HYTOPIA Features

HYTOPIA has numerous functions, and below, we have summarized seven of the most important ones:

    Free-to-Play: No records or sport purchases are needed to play HYTOPIA.
  • Web and Desktop: HYTOPIA can be played immediately on your computer or in your internet browser.
  • Built from Scratch: The match is made from scratch using RUST.
  • Community Features: With HYTOPIA’s group features, you can easily perform with your pals.
  • Player Expression: The activity also features a plastic program participants can use to express themselves.
  • Creator-Centric: HYTOPIA is equipped with considerable equipment, allowing developers and designers to create without restrictions.
  • Backward Compatability: HYTOPIA lets people enjoy their favourite Minecraft machines.

The Vision of HYTOPIA

By creating and empowering the following different global community of players and creators, HYTOPIA hopes to inspire and burn unlimited imagination. At the core of their vision, they believe that the technology, brand, and platform should be a place where everyone can thrive.

The players and creators bring the magic to life while HYTOPIA develops its foundation and tools with passion. In addition, the organization believes in the principles of contributor governance and peer review to actively influence HYTOPIA’s future so that it can benefit everyone involved. They say,” HYTOPIA is ours, and together we push the boundaries of what is possible“.

What are HYTOPIA Worlds?

You can think of HYTOPIA as a collection of distinct video games. However, you ca n’t freely build a game on HYTOPIA without a HYTOPIA World. HYTOPIA Worlds are digital collectibles, and there are 10, 000 of them in total. Simply put, a HYTOPIA World serves as a platform for developers to create games that are playable by other HYTOPIA users.

However, building a new game is n’t all the utility these digital collectibles offer. As such, let’s explore a few more use cases:

    Staking: It’s possible to stake a HYTOPIA World in return for a daily$ TOPIA reward.
    Renting: Holders can also rent their HYTOPIA World for a monthly$ TOPIA price.
    The developer can implement smart contracts on the HYTOPIA Chain by owning or renting a HYTOPIA World.

What is the HYTOPIA Chain?

The HYTOPIA chain serves as the foundation of the ecosystem as a whole. It is a blockchain network that provides support for the underlying infrastructure and provides power to all facets of HYTOPIA. This includes game trading, ownership of digital assets, and much more. In addition, the HYTOPIA chain makes sure that all the aforementioned steps are performed decentralized and securely.

The HYTOPIA Chain is a” semi-permissioned” blockchain where anyone can transact, trade items, and interact with smart contracts. Only authorized community members are able to place new smart contracts on the network, though. By design, this increases the security of the HYTOPIA Chain by reducing the possibility of risky smart contract deployments.

Additionally, the Ethereum and Polygon blockchain networks ‘ periodic checkpoints ensure the network’s security.

What is the TOPIA Crypto Token?

$ TOPIA is the in-game cryptocurrency for the HYTOPIA ecosystem. It enables transactions between players, different games, and other interactions. The ecosystem remains stable and offers an incentive-driven platform for both creators and players because it only has a total supply of five billion tokens.

In the following two sections, we’ll go into more detail about the TOPIA token. In doing so, we’ll look at its tokenomics and carefully examine some of the TOPIA crypto’s crucial use cases. If this sounds intriguing, join us as we kick things off by exploring the TOPIA crypto tokenomics!

Tokenomics 

The main goals of the TOPIA token are to provide players and creators with a stable, incentive-based platform. It has a capped supply of five billion$ TOPIA, which is allocated as follows:

  • 35 % world staking
  • 24 % play-to-earn faucet, grants, and CEX
  • 20 % team
  • 10 % world owners claim
  • 10 %$ LP-TOPIA staking
  • 1 % avatar staking

Use Cases of the TOPIA Token

There are multiple use cases for the TOPIA token, and below, you’ll find three prominent examples:

    Staking: The first use case is staking, which is used to remove TOPIA tokens from the open circulating supply. Doing so will help stabilize the HYTOPIA in-game economics. In return for staking, users receive loot boxes, cosmetic items, in-game titles, etc.
  • In-Game Currency: The TOPIA token is primarily the in-game currency of the HYTOPIA ecosystem. As such, it facilitates trades between HYTOPIA Worlds and players.
    Governance: The owner of$ TOPIA has the authority to cast a ballot on suggestions and improvements to HYTOPIA. Moreover, by holding enough tokens, users can even create their own proposals, which the community can vote on.

Full TOPIA Token Price Analysis

The TOPIA token was minted on May 17, 2023, and it’s, at the time of writing, trading at about$ 0.0355. It has an all-time high of$ 0.045 and a low of$ 0.0186. Moreover, since the beginning of August 2023, the token broke out and experienced an impressive 150 % price rally in only three weeks. A trading chart below will provide you with a detailed analysis of the TOPIA token’s entire price history so far:

Now, will the TOPIA token price continue on this upward trajectory? Or has the window already closed?

To answer these two questions, let’s briefly look at a TOPIA token price prediction to highlight its potential!

$ TOPIA Price Prediction

The HYTOPIA ecosystem has a strong correlation with the price of the TOPIA token. As such, it’s highly dependent on the adoption, success, and continued development of the game. So, if HYTOPIA continues to grow, it’s likely that the TOPIA token price will follow. However, if HYTOPIA fails to see increased adoption, we’re also likely to see the price of the TOPIA token drop.

Nonetheless, there are several ways in which you can make TOPIA token price predictions. However, since this is a relatively new token, it’s quite challenging since we do n’t have sufficient historical data.

However, comparing it to another similar project’s native currency is one way to try to determine the potential of the TOPIA token. As such, let’s use another blockchain-based game as an example, and in this case, we’ll use Axie Infinity.

Let’s divide Axie Infinity’s all-time high market cap by the total supply of$ TOPIA in order to compare HYTOPIA and Axie Infinity. In order to achieve this, we will pay a price of$ 1.95, which is the price point of one TOPIA token if it has the same market cap as Axie Infinity. The price will have increased more than 50 times if it can reach$ 1.95!

However, the TOPIA token price prediction of$ 1.95 is, of course, highly speculative. And there’s no guarantee HYTOPIA will grow to the same size as Axie Infinity, which is one of the most prominent names in the Web3-gaming industry.

Should You Invest in$ TOPIA?

Now, with a brief price prediction highlighting the potential of the TOPIA token, you might be asking yourself:” Should I invest in$ TOPIA”?.

We are unable to provide a straightforward yes or no response to the above-mentioned question. We do n’t know when you’re reading this, so this has to do with it. Also, we’re not aware of your altcoin trading strategy or risk tolerance. Consequently, only you can determine whether or not you should invest in$ TOPIA, which is why we urge you to continue your own research. And a great place to begin is with a blockchain analytics tool like Moralis Money!

Moralis Money is a market-leading crypto quick scanner that uses on-chain data in real time to reveal your true market alpha. And if you did n’t know, on-chain activity always precedes price action. With this tool, you can thoroughly research the TOPIA token to determine whether it’s a wise investment.

Every token featured on Moralis Money has its own dedicated token page. You’ll find trading charts, security information, alpha metrics, and more on these pages. For instance, this is what the$ TOPIA token page looks like:

With the information provided in the interactive widget above, you can quickly determine whether or not to invest in$ TOPIA. For instance, by studying the alpha metrics, you can see how liquidity, net experienced buyers, holders, etc., have changed over time.

With this information from the$ TOPIA token page, you can now base your investment decisions on unbiased, irrefutable, on-chain data delivered to you in real time. As a result, this is unquestionably the best and most straightforward way to determine whether or not the TOPIA token is the best investment for you!

The best and most affordable way to purchase TOPIA

You should be aware that you can purchase the TOPIA crypto token directly from the Moralis Money token page if you like what you see and decide to buy it. Break down the procedure into three easy steps:

    Step 1: Visit the Moralis Money$ TOPIA token page and connect your Web3 wallet:
    Step 2: Select a trading pair:
    Step 3: Hit the” Trade” button and sign the transaction:

That’s it, when working with Moralis Money’s crypto-swapping feature, you can acquire any token in a heartbeat!

Also, thanks to the 1inch DEX aggregator, Moralis Money is able to offer great prices and low transaction fees. Moralis Money is one of the best ways to buy crypto because of how well this protocol is used.

Summary: The HYTOPIA Crypto Game and the TOPIA Token

In today’s article, we kicked things off by exploring HYTOPIA. In doing so, we discovered that HYTOPIA is a crypto game with the goal of becoming” the next Minecraft.” Furthermore, at the center of the HYTOPIA ecosystem, you’ll find the native$ TOPIA token. The TOPIA crypto token is HYTOPIA’s in-game currency, allowing players to transact with one another.

We also showed you how to analyze the TOPIA token and the HYTOPIA crypto game using Moralis Money!

Moralis Money is an industry-leading, on-chain trading indicator. This tool makes use of real-time blockchain data, presenting it in a readable and understandable format. As such, with Moralis Money, you can easily find, analyze, and swap up-and-coming crypto, making this platform the ultimate one-stop shop for crypto traders!

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Furthermore, if you liked this article, consider checking out some additional content here at Moralis Money. For instance, read up on the OX coin, DOBO coin, or ESPR token!