This article centers around a thorough assessment of OVR coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits..
What is OVR (OVR) Coin?
OVR (pronounced “overlay”) is a cryptocurrency that powers the augmented reality platform of the same name . The OVR platform allows users to create , view , and trade unique AR experiences called “Land.” These virtual lands are tied to real-world geographic locations and can be purchased using OVR tokens . Users can also earn rewards by interacting with these virtual lands or participating in various activities on the platform . Overall, OVR aims to revolutionize the way people experience augmented reality by combining it with blockchain technology and creating a decentralized ecosystem for AR content creation and consumption .
If you want to know more about the OVRCoin(OVR) coin , you can visit its website .
https://www.overthereality.ai/
Projects:
OVR has several projects and initiatives associated with its cryptocurrency, OVR coin. Here are some of the key projects:
1The OVR Marketplace : This is a decentralized marketplace where users can buy , sell, and trade virtual lands (AR experiences) using OVR tokens .
- Land Governance : OVR aims to establish a transparent governance model for virtual lands by allowing token holders to vote on proposals related to the platform’s development and management.
- Augmented Reality Advertising : OVR provides opportunities for brands and advertisers to reach their target audience through immersive AR advertising experiences within the platform .
- Partnerships with Real Estate Developers : OVR collaborates with real estate developers worldwide to tokenize physical properties as virtual lands on its platform, creating new revenue streams for property owners.
- Integration with NFTs : OVR enables the creation and trading of non-fungible tokens (NFTs) tied to AR assets, allowing creators to monetize their digital content in unique ways.
These are just a few examples of the projects associated with OVR coin . The team behind OVR continues to innovate and expand its ecosystem, exploring new opportunities at the intersection of augmented reality and blockchain technology .
Factors affecting price:
The price of OVR coin, like any other cryptocurrency , can be influenced by various factor . Here are a few key factors that may impact the price :
- Market Demand : The demand for OVR coin in the market can have a significant effect on its price. If there is high demand and limited supply , the price tends to increase.
2Overall Cryptocurrency Market : The performance of the broader cryptocurrency market can also influence OVR coin’s price. Factors such as Bitcoin ‘s price movement or general market sentiment may impact investor confidence and affect the value of OVR coin .
3Project Developments : News and updates related to OVR project developments, partnerships , technological advancements , or regulatory changes can influence investors ‘ perception of its future potential and consequently affect the coin’ s value .
4.Investor Sentiment : Market psychology plays a crucial role in determining cryptocurrency prices. Positive or negative sentiment among investors about OVR’s prospects or crypto investments in general can drive buying or selling pressure .
- Economic Factors : Macroeconomic indicators such as inflation rates, interest rates, geopolitical events, government policies/regulations related to cryptocurrencies may indirectly impact digital asset prices including OVR coins .
It is important to note that cryptocurrency markets are highly volatile and subject to rapid fluctuations due to these and other factors mentioned above .
Where can I buy OVRCoin (OVR)?
Exchange Pair Volume
OVR Coin (OVR) Baseline Assessment :
The market cap of the OVR Coin (OVR) coin is $ 17.446.037 and its circulating supply is 51.265.344 units . Its maximum supply is 89.893.756 units , with a fully diluted valuation of $ 30.591.618.
What is the high price point for OVR Coin (OVR)?
OVRCoin (OVR) token highest price is $4.12 recorded on Nov 16, 2021. The current price is -91.72% lower than the all-time high .
What is the low point of the price for OVR Coin (OVR)?
OVRCoin(OVR) token’s lowest price was $0.02451 on Jan 12, 2021.
OVR Coin (OVR) Technical Outlook:
The decline, which started at $ 1.47 on April 25, 2022, continued until May 8, 2023 and reached the level of $0.2713 . Although it went up to $ 0.77 with an increase of 208% from here, the fibo of the falling trend could not exceed the level of 0.618 and was withdrawn to the level of $ 0.3368. OVR coin , consolidated here for three weeks, is the price with the most transactions at $0.3503. OVR coin , which cannot stay above this level , will want to withdraw to the support point . Although the volume increase in BTC has harmed altcoins in recent weeks , the activity in the market will make altcoins attractive again . In possible rises , our fibo points should be followed as resistance .
Our support points: $0.3368 – $0.2713 our sequential resistance: $0.4045 – $0.5180 -0.6326$-0.7725 – $1.0267
Investment information, comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments , and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences . Therefore , making an investment decision based solely on the information herein may not yield results that meet your expectations .
