OVR price soars 40% amid Apple AR/VR headset hype

OVR price soars 40% amid Apple AR/VR headset hype
фото показано с : invezz.com

2023-5-24 17:27

The price of Ovr rose to $0.61 on Monday, jumping by more than 40% in the past 24 hours as it hit its highest level since November 2022.

The metaverse token’s price has increased by more than 110% this past week and is seeing rising network activity with over $3.5 million worth of OVR traded in the last 24 hours to represent a 90% jump in market activity.

Why is OVR price surging today?

OVR price is experiencing major gains as the broader crypto market momentum stalls amid uncertainty over US debt ceiling talks. But one factor that might be aiding the Ovr price today could be related to news around Apple, which is reportedly on the verge of launching its highly anticipated VR/AR headset.

The Apple VR/AR headset is designed as a mixed reality headset, and although the iPhone maker hasn’t confirmed its development status or release date, market expectations have seen massive speculation on when it arrives.

Most rumours put a clear picture on when this could be down to announcements at the upcoming Apple WWDC 2023. Not only are augmented reality enthusiasts looking for an official glimpse at the device during the June 5 event, but are also puffed up for what this means in terms of competition with the likes of Meta Quest 2, the PSVR 2 and other such top VR headsets.

What is Over the Reality (OVER)?

Over the Reality (OVER) is an AR metaverse platform designed to merge physical and virtual worlds. The OVER metaverse is built on the Ethereum and Polygon blockchains and Ovr is its utility token.

OVR is used to power all transactions on the OVER platform, including buying and selling digital assets, accessing exclusive content, and participating in metaverse events. Ovr is also used to reward users for their contributions to the OVER ecosystem, such as creating content, participating in events, and verifying transactions.

The OVER ecosystem also allows for the creation of decentralised applications (dApps), which can be used to power a variety of features on the OVER platform, including for games, social media, and commerce.

OVR price outlook

As noted, the latest surge in OVR price coincides with the speculation around the VR/AR mixed-reality headset. OVR price is currently testing resistance near levels seen in October 2021 before bulls raced to the all-time high of $3.33 in early December that year.

While the last few days have seen buyers take control, it’s possible the highlighted area will be a critical hurdle. The outlook for OVR could see the token rally to a new multi-month high as the hype around the metaverse hits up.

The post OVR price soars 40% amid Apple AR/VR headset hype appeared first on Invezz.

origin »

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 467.1 (+0.48%)
Объем 24H $0
Изменеия 24h: 0.85 %, 7d: 17.53 %
Cегодня L: $453.49 - H: $467.1
Капитализация $0 Rank 3676
Доступно / Всего 0 LINKETHPA

price past ovr level token metaverse 2022

Источник: invezz.com

price past → Результатов: 126


Ethereum May Surge 35% to $200 in Near-Term; What Will Fuel It?

Throughout the past month, the price of Ethereum (ETH) increased from $126 to $140, by more than 11 percent against the U. S. dollar. Similar to how several strategists expect the bitcoin price to increase substantially if it breaks the $4,200 resistance level in the near-term, traders foresee Ethereum rising to as high as $200 if it rebounds over crucial levels.

2019-3-31 13:29


Фото:

Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

2019-3-29 02:21


EOS Price Analysis: Cryptocurrency surges by 14% as EOS gets podium finish on Weiss Ratings

EOS, the fourth largest cryptocurrency on CoinMarketCap was surging for the past few days. This hike can be linked to the release of Weiss Crypto Rating’s annual crypto report. It awarded EOS the second position and an A grade for its promising tech/adoption for long-term investors and an attractive risk/reward for short-term investors.

2019-3-28 18:30


Cardano [ADA] price set to bounce off resistance and head downwards; Here are the important levels to look out for

Cardano, the tenth largest cryptocurrency on CoinMarketCap had a decent rally over the past few days. The price of the cryptocurrency surged by 133% since December 16, 2018. However, the rally seems to be coming to an end as price candles have formed at the end of the ascending channel/rising channel.

2019-3-28 16:45


Newsflash: Bitcoin Price Stumbles Below $4,000; No Fret, A Swift Rebound is Coming

In the past several hours, the bitcoin price slipped below the $4,000 mark from $4,035 to $3,934, recording a 1 percent drop against the U. S. dollar. Given the fact that it took nearly three weeks for bitcoin to break out of the $3,000 region and reach $4,000, the sudden drop in the price of bitcoin below the $4,000 level initially led traders to reconsider the near-term price trend of the dominant cryptocurrency.

2019-3-26 11:50


Фото:

Ravencoin Price: Demand Is Outstripping RVN Supply

Ravencoin (RVN) doesn’t feature much in crypto coverage. Since it launched last January, the asset tokenization platform has largely stayed on the sidelines. With such a low profile, few noticed Ravencoin becoming one of the best performing digital assets over the past month – although an amusing Redditor, SlappyMcFartsack has dubbed the phenomenon ‘The Flappening’.

2019-3-25 21:50


Bitcoin Price: Key Technical Indicator Shows BTC Surging to $5,500

Throughout the past three months, the bitcoin price has flirted with the $4,200 resistance level, often struggling to maintain momentum above the key $4,000 mark. Several traders have demonstrated concerns over the extended period of stability demonstrated by bitcoin because, in late 2018, the cryptocurrency recorded a drop of around 50 percent following three months of stagnation in the $6,300 to $6,500 range.

2019-3-24 21:30


Фото:

Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s.

2019-3-23 01:23


Фото:

Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.

2019-3-23 17:29


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru