Original | Odaily Planet Report (@OdailyChina)
Author | CryptoLeo (@LeoAndCrypto)
Waking up in the early morning, I saw group members discussing a meme coin - a VR metaverse concept token VERSE, which had rapidly reached a market cap of $400 million in less than an hour. I thought I was still half asleep, and the current market situation of quickly reaching a market cap of hundreds of millions for a meme (especially one related to the metaverse) is just too crazy.
My first instinct was: "Is this real? Could it be a data platform error?" Half an hour later, VERSE's market cap rose to $700 million...
[The rest of the translation follows the same approach, maintaining the original formatting and translating the text to English while preserving any HTML tags and specific terminology translations as specified.]If the game's farming is not difficult and the token trend is good, the game might attract many users. However, metaverse concept games have always been a "money pit" for crypto players. Since only a few hours have passed since its token release, I'll observe the token trend and official announcements before deciding whether to participate.
