Polkacity project have seen lot of downside since 12/2021 as all small cap gaming projects.
Recently the project got 7 figure funding from a VC firm, assuming the bigger plan will follow.
The current 1M$ market cap with ca. 300,000$ daily trading volume is already unusual for such a micro cap project.
Will it be a 1 Billion market cap project in the bull run? Probably not.
Can it reach 400M$? In my opinion -> Yes it can! That is 400x from these levels! The gaming crypto category as relatively low in market cap compared to DeFi, L1,L2, as similar. Furthermore, the daily hours spent on gaming among Gen Z is skyrocketing! So in my opinion money will go where the biggest upside is which is a gaming industry.
Not FA, DYOR.
Recently the project got 7 figure funding from a VC firm, assuming the bigger plan will follow.
The current 1M$ market cap with ca. 300,000$ daily trading volume is already unusual for such a micro cap project.
Will it be a 1 Billion market cap project in the bull run? Probably not.
Can it reach 400M$? In my opinion -> Yes it can! That is 400x from these levels! The gaming crypto category as relatively low in market cap compared to DeFi, L1,L2, as similar. Furthermore, the daily hours spent on gaming among Gen Z is skyrocketing! So in my opinion money will go where the biggest upside is which is a gaming industry.
Not FA, DYOR.