Master'sOpen Access

The place of cryptocurrencies in the metaverse universe: Metaverse coin review

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2024
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Abstract (EN)

Today's investment World is diversified with various financial instruments, This study focuses directly on the emerging concepts of 'Cryptocurrencies' and 'Metaverse' which have the potential to shape our future. The aim of this study is to provide a perspective on these new concepts that have become part of contemporary life by examining the evolution of cryptocurrencies and metaverse universes from their origins to the present. Key aspects of the study include examining the impact of cryptocurrencies on today's world, the significance of cryptocurrencies in metaverse virtual universes, evaluating the technical analysis of metaverse virtual universes own cryprocurrencies using various indicators, and exploring the potential returns of these cryptocurrencies under active or passive investment strategies. The study is structured around testing five different metaverse cryptocurrencies with five distinct trend-based indicators, comparing the potential returns of active (BUY-SELL) versus passive (BUY-HOLD) investment strategies. The findings indicate that applying trend-based technical indicators to metaverse-based cryptocurrencies offers a higher profit potential with active strategies compared to passive strategies.

Author

Kutay Ergür

How to Cite

Kutay Ergür (Master Thesis). The place of cryptocurrencies in the metaverse universe: Metaverse coin review, 2024, Manisa Celal Bayar University.

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