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NFT Tech Joins The Sandbox Metaverse (NFTFF,META)

There can be several reasons why a microcap stock (a small, publicly traded company with a market capitalization of less than $300 million) may experience a sudden surge in price:

  1. Positive news or rumors: Any positive news or rumors related to the company or the industry it operates in can drive up demand and prices.
  2. Short squeeze: If a large number of investors have bet against the stock (i.e. taken short positions), a sudden increase in demand can force them to buy shares to cover their losses, driving up the stock price.
  3. Increased investor interest: A sudden increase in investor interest, for example, due to social media attention, can drive up demand and prices.
  4. Mergers and acquisitions: The announcement of a merger or acquisition can lead to a surge in the stock price.
  5. Regulatory approval: If the company is awaiting regulatory approval for a product or service, an approval can result in a surge in the stock price.


One such company that we would like to draw your attention to is NFT Technologies Inc. (OTC US: NFTFF) or NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF). NFT Tech is publicly listed on the NEO exchange under the symbol NFT and on OCTQB under the symbol NFTFF. By bridging the gap between traditional capital markets and the web3 space, NFT Tech is mainstreaming the new era of the internet while bringing insights and benefits to the public markets.

News Alert – NFT Technologies Inc. (OTC US: NFTFF) announced a partnership between web3 studio Run It Wild and The Sandbox, a leading decentralized gaming virtual world, a subsidiary of Animoca Brands. 

The Sandbox is a combination of virtual real estate and an amusement park that fully embraces the concept of the Metaverse, a shared digital space where different worlds and characters can interact. NFT Tech joins over 160 existing partnerships, including Deadmau5, Richie Hawtin, The Smurfs, Care Bears, Atari, ZEPETO, and CryptoKitties, all following The Sandbox vision of empowering players to create and pursue their own experiences using both original and well-known characters and worlds.

“Most brands and rights holders today connect to their audiences across multiple platforms, from TikTok, Twitter, Instagram, Meta, LinkedIn, the list goes on,” said Adam De Cata, CEO of NFT Tech. “We see emerging virtual worlds and environments as the next great place to reach new web3-native audiences and also create deeper engagement and more meaningful experiences for existing customers. Delivering games alongside creative strategies and concepts for our current and future IP in the Sandbox is a perfect partnership with a leading metaverse on the Ethereum blockchain.”

Click HERE to Read More. NFTFF is currently trading at a mere $0.0440, close to its 52-week low of $0.0397. The 52-week high for NFTFF is $0.5085 suggesting a tremendous upside potential if all things fall in place for the company moving forward. As always, follow traders’ vigilance and conduct your own DD.

Other stocks in the same space as Meta Platforms Inc (NASDAQ:META) include ZipRecruiter (NYSE:ZIP), Cars.com (NYSE:CARS), Alphabet (NASDAQ:GOOGL), TripAdvisor (NASDAQ:TRIP) and Getty Images Holdings (NYSE:GETY).

Other news includes Morgan Stanley upgraded Colgate-Palmolive (NYSE:CL) to overweight from equal weight while Roth upgraded Shopify (NYSE:SHOP) to buy from hold.

Watch the video now to get more information on NFTFF



Video Link: https://www.youtube.com/embed/g9GJD2k-UbA

Source: https://finance.yahoo.com/news/nft-tech-joins-sandbox-metaverse-123000072.html

Disclaimer:

InvestorBrandMedia is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are commercial advertisements and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available in this article is not intended to be, nor does it constitute investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report, and publication. In no event shall InvestorBrandMedia be liable to any member, guest, or third party for any damages of any kind arising out of the use of any content or other material published or made available by InvestorBrandMedia., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. InvestorBrandMedia.com strongly urges you to conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, Investor Brand Media, its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. As part of that content, readers, subscribers, and website viewers are expected to read the full disclaimers and financial disclosures statement that can be found on our website by visiting InvestorBrandMedia.com/Disclaimer. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quotes; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. 

InvestorBrandMedia has not been compensated for advertisement services on NFTFF

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