The Root Network (https://twitter.com/TheRootNetwork), a blockchain optimized for metaverses, gaming, and various applications, is gearing up for an exciting reveal. We’ve touched on this project before, but as a refresher, it’s developed by the Futureverse team (https://twitter.com/futureverse), a metaverse poised for development on The Root Network. Futureverse has already secured $54 million in funding from heavyweight backers like Coinbase Ventures, XRP (Ripple), Animoca Brands, Delphi Digital, and others, according to Bloomberg.
The network’s native token, $ROOT, is currently trading on platforms such as ByBit, KuCoin, Gate, and MEXC, boasting a market capitalization of $77 million. For the latest trading information, visit CoinMarketCap.
The upcoming teaser for The Third Kingdom Properties will delve into how individuals can leverage the utility of NFTs minted across the Futureverse, enhancing the NFT experience with practical utility.
Rumors suggest that The Root Network may soon bolster its liquidity with the addition of USDC and USDT, further expanding its ecosystem’s capabilities. The potential integration of LayerZero and Wormhole stablecoins could significantly enhance Root Network’s appeal, facilitating a more connected and fluid blockchain experience.
These developments, coupled with the generally bullish market trend, could significantly impact the potential growth of the $ROOT token. The introduction of new liquidity options and the continuous expansion of the ecosystem are strategic moves designed to attract new developers and projects. This, in turn, could bring additional attention to their token, showcasing The Root Network’s commitment to building a versatile and developer-friendly blockchain environment.