came across Metaverse index $MVI (basket of rotating metaverse/p2e/entertainment/nft tokens) in July. Grabbed a bag bc I wanted to capture the growth of the space but didn't want to stress about keeping tabs on a field moving at light speed
How has it performed? ๐๐งต
How has it performed? ๐๐งต
I always ask "will this outperform eth?" Well, here it is against eth since Aug - a very solid 2x (it's 3.3x in dollars since I aped)
As long as metaverse / gaming narrative is here, I don't see this trend of 2xing eth changing during the bull
As long as metaverse / gaming narrative is here, I don't see this trend of 2xing eth changing during the bull
Beating the crypto market by 2x isn't life changing money, but I think of this bag as dumbass insurance; no matter what degen mistakes I make in the bull run, I have this MVI to protect me.
Grab it on Sushi Polygon if you want to avoid L1 fees
Grab it on Sushi Polygon if you want to avoid L1 fees
BTW this is not a synthetic or "ETF" style asset. It's an erc-20 that literally contains a basket of other erc-20s inside of it. You could burn it and the underlying tokens would wind up in your wallet.
should mention i've lurked in @indexcoop DAO's discord since aping and it is the most organized and execution-focused discord and dao I've ever seen (also very friendly)
MVI is at $265 today, and based on the macro direction that metaverse and gaming is headed, I don't see why we won't be talking about a 10k MVI within a few years.
Hats off to the mvi methodologist sers who put it together @DarkForestCap & @verto0912
Hats off to the mvi methodologist sers who put it together @DarkForestCap & @verto0912
PS, 10 minutes ago Beta Finance announced in their discord that they are opening an single asset MVI pool up (along w/ other Index Coop products). I am assuming the yields will be triple digits for a bit until the tvl comes in. nice.
Loading suggestions...