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Metahero (HERO) price prediction: A cutting-edge project

Metahero (HERO) price prediction: A cutting-edge project
Written by publishing team

Metahero is a blockchain-based project that uses 3D scanning and modeling technology to create high definition (UHD) avatars and virtual objects that can be used across games, virtual reality, social media, and in online fashion.

The company’s primary mission is to offer future virtual opportunities where people can recreate real assets and then move them into the metaverse.

Metahero’s diverse target demographics include gamers, artists, celebrities, influencers, marketing professionals, professional athletes, and online fashion platforms. It effectively enables anyone in the world to be able to scan a real asset – including themselves – to create a UHD avatar in just a few minutes.

The user simply needs to install the Metahero app and get the right amount of HERO codes to pay for the online scan.

These cutting-edge developments are made possible through a partnership with Wolf Digital World, the exclusive contractor and technology supplier to Metahero that has developed its own advanced metric photogrammetry scanning room.

This technology, which consists of several configuration options and data-collecting sensors, has already been used by the likes of Ferrari and CD Projekt.

What is Metahero Coin?

HERO, built on the Binance Smart Chain (BSC), is a deflationary token that can be used for transactions within the Metahero ecosystem, as well as to pay for 3D scans and royalties.

Users can share their HERO tokens in order to earn passive rewards. Meanwhile, the buyback and burn program only begins when PancakeSwap’s total cash exceeds $10m (€8.8m, £7.4m).

The main functions of HERO are as follows:

  • Smart bet – 0-2% of each transaction is distributed proportionally among all holders as a negative bonus;

  • Burn process – 0-2% of each transaction is permanently burned;

  • Automatic Liquidity – 0-6% of each transaction is automatically added to the liquidity on PancakeSwap; And

  • Buy back and burn – HERO tokens are burned, then Binance Coin (BNB) is used to buy back and burn more HERO.

Users can also buy, sell and transfer HERO without fees.

HERO Price Analysis: Technical Overview

HERO coin was launched in July of this year and reached an all-time high of $0.2518 on December 3, 2021 when it managed to move above the key resistance of $0.1720. The price then retreated to $0.1882 on Dec 6, 2021, dropping to a low of $0.1419 on Dec 14.

Prior to that, the price of Metahero Coin rose to $0.2336 on November 29, 2021 from $0.1268 on November 26. This 84% ​​increase coincided with two positive stimuli: The explosive growth of Metahero’s social media engagement, as reported on November 29, as well as the company Trending at #1 in CoinGecko’s search box in the same day.

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Additionally, HERO was listed on cryptocurrency exchange KuCoin on October 29, 2021, taking the coin from $0.09056 on October 26 to $0.1207 on the day of the listing.

HERO is currently trading (as of December 30, 2021) at around $0.136686. At $697 million, it ranks 227th on the list of cryptocurrencies by market capitalization, according to CoinMarketCap.

Technical analysis provided by CoinCodex shows that the short-term sentiment on HERO is mostly bearish, with nine indicators showing bullish signals compared to 14 bearish.

Daily simple moving averages (SMAs) and exponential moving averages (EMAs) are giving sell signals, according to TradingView data, while the RSI is at 40, as of December 30. An RSI reading of 30 or lower indicates an oversold or undervalued condition.

The latest technology and UHD 3D avatars

The UHD metascanning room from Metahero gives users the option to scan themselves or their assets in the real world, and then create a realistic 3D rendering of these scans in the metaverse.

However, one of the most distinguishing factors of the project is that users can also license their avatars for use in games or other applications through the company’s upcoming 3D Non-Foldable Token (NFT) Marketplace, which was originally scheduled to launch in the fourth quarter. From 2021 Although there is no news yet on whether the launch has taken place – some sources consider it likely to be in early 2022 – this component will allow users to monetize their avatars or earn additional revenue from During the creation of NFTs.

Earlier this year, the company launched the Metahero app, which allows users to track and manage their portfolio activity and investments with real-time data and analytics.

In its white paper, the company also states that it expects to partner with Visa on an unspecified date in order to enable HERO holders to use their tokens to cover their daily expenses.

Mega Metahero Features

The defining feature of the Metahero ecosystem is the UHD epitaxial scanning room consisting of 16 movable columns with a four-camera server unit, all capturing images in perfect synchronization.

Also, 12 scanning rooms will initially be distributed in high urban areas around the world – meanwhile, the first room has already been installed in Doha, Qatar.

In other Metahero crypto news, the company stated that it is currently upgrading existing beta-scan rooms with new features that will include 16,000 UHD resolutions, foldable and movable designs to enable easy portability, charging and setup, as well as integrated photogrammetric scanning of the head and face mimicry.

This year, it was also announced that Metahero’s exclusive contractor and technology supplier, Wolf Digital World, has Partnership with one of the largest manufacturers of electronic products in the world – Sony In order to participate in the development of an advanced scanner, it can provide an additional impetus to the project.

The risks of the project lie in the fact that 3D meta-scan rooms are a new phenomenon. Despite the proliferation of photorealistic avatars through Bill Gates’ recent blog post where the business mogul stated that he expects office meetings to move from 2D camera photo grids to 3D avatars within the next two or three years, Metahero is still in the works. Industry emerging period.

Andy Lien, Chairman of the BigONE Exchange Asia Board and Senior Digital Advisor to Mongolia’s National Productivity Agenda, said:

“There is a huge demand for this niche in the cryptocurrency and gaming sectors. In addition, the popularization of the metaverse has undoubtedly contributed to the success of the project,” Lian told Capital.com.

“However, I believe that Metahero should market itself globally, and perhaps look for partnerships in Asia or other emerging markets,” he concluded.

Metahero Crypto Price Prediction: Buy, Sell or Hold?

In terms of forecasting the price of the Metahero coin, the algorithm-based forecasting service Wallet Investor offers a positive prediction for HERO/USD. Based on historical data, Wallet Investor sees the price rising to $0.552 by the end of December 2022, $1,338 by the end of December 2024 and reaching $1,733 by the end of December 2025.

The Digital Coin Price supports the bullish predictions of Metahero, and expects the coin to grow to $0.21935894287 in December 2022, $0.26219545478 in 2025 and reach $0.58264192480 in 2028.

Note that price predictions can be wrong. Forecasts should not be used as a substitute for your own research. Always do your own due diligence before investing. Never invest or trade with money that you cannot afford to lose.

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Read More: FET Coin Price Prediction: Where’s the Next Step for AI-Driven Coinage?

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