MetaPay (METAPAY) Surging ahead Again, but Will It Crash Soon?
Timothy St. John • 2 min read
Cryptocurrency MetaPay (METAPAY) is climbing to the top of the charts today with a massive 906.53% gain. That brings its rate to $0.00001419 (METAPAY/USD) and makes it the second highest earner today (under PETWARS).
Back in February, we told you about MetaPay and how it was the top earning crypto for that day, bringing in an incredible 917% gain in a 24-hour period. Today, the earnings are almost as much, but did MetaPay lose its previous gains before today’s bull run?
This metaverse-focused crypto has had its ups and downs since February. It did lose most of its gains after that surge, and then it stayed fairly flat for a while. Another massive surge occurred at the end of March, as MetaPay shot from $0.000001091 to $0.0002702 in the space of a day. That was a very impressive 24,666% gain, but it didn’t last. By the next couple of days, the price dropped almost completely back down to where it was before the increase.
Since then, we have seen some minor surges from MetaPay, but nothing major until this week. Starting on the first of the month, MetaPay began a major price increase and has spiked over the last few days. It keeps gaining and then losing these high rates, and it could be gearing up for something. Or, it could be preparing to fall flat again.
Should You Consider Investing in MetaPay?
The most important thing to know about this crypto right now is that it is volatile and unpredictable. It may surge higher and see even greater gains over the next couple of days, or it could bottom out and go back to its base rate.
What its short history has shown us about it so far is that it is probably not going to retain a price increase for long at all. Usually, major price hikes for MetaPay only last a couple of days, at most. Because we have seen price increases over the last few days, it is most likely the rate will fall off soon. What savvy investors will benefit from most is buying up some MetaPay tokens once the price goes low again and then holding onto them when the price shoots up once more.