Vempire ddao price prediction: Metaverse token surges

After the explosion of the metaverse into the mainstream last year, it has presented numerous investment opportunities. The price of digital real estate has soared, along with consumable non-fungible tokens (NFTs) used throughout these virtual worlds.

vEmpire DDAO is an organisation that is providing investors with exposure to these assets. Simply by owning the VEMP token, holders can gain access to profits from these worlds.

The organisation has recently made metaverse news after The Sandbox (SAND) announced vEmpire DDAO would be included in its new season. This has led to a rally and some VEMP price predictions, such as the one from AMB Crypto, have suggested it can keep up the momentum. 

A metaverse investment DAO

vEmpire DDAO was created to break down the price barriers associated with metaverse investments and make it more accessible. The decentralised autonomous organisation (DAO) is looking to ensure metaverses stay decentralised and are “not reserved purely for the wealthy”.

vEmpire DDAO has taken this ethos into the governance design of the protocol. It uses a system called delegated decentralised autonomous organisation (DDAO). This is where everyone gets the same amount of votes, preventing wealthy investors from having more influence over the platform.

This organisation then chooses which metaverse investment opportunities it wants to pursue and gives its users exposure to these assets.

Its whitepaper explained:

vEmpire DDAO was co-founded by the brothers Dominic and Michael Ryder. Dominic Ryder had a career in stock brokerage and has founded other crypto companies, like the investment group Blockchain Private Office. Meanwhile, Michael Ryder is an avid gamer and has a background in audio and video freelance work.

The VEMP governance token

The vempire ddao (VEMP) cryptocurrency is giving investors access to the investment organisation. Those holding VEMP can stake their tokens and receive the xVEMP token. This is the governance token, providing voting rights to owners.

Investors gain access to the organisation’s profits by holding it as well. Its whitepaper continued: 

vEmpire DDAO is also creating its own play-to-earn crypto games, where VEMP can be exchanged for in-game currency. This time it goes under the ticker xsVEMP, but, unlike VEMP, the token is not publicly tradable.

VEMP’s price history

VEMP price chart

_{Source: CoinMarketCap}

VEMP went live on 1 September 2021 at an opening price of just over $0.08, according to CoinMarketCap. It saw an initial surge to $0.22 three days later. But by the end of the month, it had plummeted below its launch price and fluctuated around that level throughout most of October.

The metaverse token’s value started to pick up later that month after the hype was building around digital worlds, which was fueled by Facebook’s rebrand to Meta (META). VEMP was also listed on the Shiba Inu’s (SHIB) swap exchange and saw its staking annual percentage rate (APR) reach 34%.

The VEMP cryptocurrency continued climbing into November as it revealed 50% of its initial supply was being staked. It reached a high of $0.49 on 3 November. 

Later that month, vEmpire held an auction where it was bidding on two Shiba Inu NFTs. It tweeted that 20% of the profits would be burnt and another 20% would be sent to VEMP stakers. VEMP soared to its all-time high of $0.65 on 21 November.

But the high did not last and the metaverse token soon came crashing down. It dropped below its launch price in March 2022 and continued falling in May. VEMP stooped to its all-time low of $0.019 on 13 July. 

However, it has recently been making gains as The Sandbox announced vEmpire DDAO would feature in its new season.

At the time of writing, on 25 August, VEMP was trading at just above $0.36 and was up 32% on the previous week.

Vempire ddao price prediction round-up

At the time of writing, there were some hopeful VEMP price predictions. 

TechNewsLeader suggested it could have reached $0.068 in a year and $0.19 in five years’ time. Its vempire ddao price prediction for 2030 believed it could have achieved up to $0.85.

PricePrediction suggested it could have averaged $0.038 this year. The vempire ddao price prediction for 2025 expected it could have gone on to $0.10. The metaverse token was then estimated that it could have reached $0.65 in 2030. 

AMB Crypto gave an even more optimistic VEMP crypto price prediction. It said the cryptocurrency could have climbed to a new price record of $0.70 in 2025. The vempire ddao was forecast to have passed $1 mark in 2027 and achieved $1.22 before it could have gone on to $6.47 in 2033.

On the other hand, DigitalCoinPrice’s vempire ddao price prediction for 2022 gave an average price of slightly more than $0.04. It expected the metaverse token could have only climbed past $0.12 in 2028 before it could have achieved $0.17 in 2030. 

When considering a VEMP coin price prediction, it’s important to keep in mind that cryptocurrency markets remain extremely volatile, making it difficult to accurately predict what a coin or token’s price will be in a few hours, and even harder to give long-term estimates. As such, analysts and algorithm-based forecasters can and do get their predictions wrong.

If you are considering investing in cryptocurrency tokens, we recommend that you always do your own research. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decision. Keep in mind that past performance is no guarantee of future returns. And never trade with money that you cannot afford to lose.

FAQs

Markets in this article

META
Meta Platforms Inc (Extended Hours)
553.43 USD

-23.6 -4.090%

SAND/USD
SAND/USD
0.36083 USD

0.05973 +20.510%

SHIB/USD
Shiba Inu / USD
0.00002531 USD

-0.00000067 -2.660%

Related topics

#Cryptocurrency

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