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What is Vulcan Forged (PYR)

What is Vulcan Forged (PYR) (PYR)?

Vulcan Forged (PYR) basic info

Name:Vulcan Forged (PYR)

Ticker:

PYRBuy now

Introduction:

What Is Vulcan Forged PYR?

Vulcan Forged PYR is a blockchain gaming platform, offering a multifaceted platform that combines a game studio, a decentralized exchange (DEX), an NFT marketplace, and a decentralized application (dApp) incubator. It operates on both Ethereum and Polygon blockchains and is designed to provide an immersive and interactive play-to-earn (P2E) experience, allowing players to earn crypto rewards through gaming.

The platform is managed by Vulcan Forged LTD, responsible for game development and business operations, and the Vulcan Foundation, which manages token governance, issuance, and sales. Vulcan Forged has developed a series of games, with VulcanVerse being the flagship product, a fantasy MMORPG inspired by Greco-Roman mythology, where players can explore, build, quest, and earn crypto.

Resources

Official Documents: https://vulcan-forged.gitbook.io/whitepaper/

Official Website: https://vulcanforged.com/

How Does Vulcan Forged PYR Work?

Vulcan Forged PYR operates as a comprehensive gaming ecosystem, enabling users to own, trade, and upgrade various in-game assets represented as NFTs. In VulcanVerse, players can purchase and upgrade land plots, which are integral to progressing in the game. These land plots are represented by NFTs and can be bought on the game-native marketplace, starting at Level 1. Players can level up their land plots seven times, unlocking new features, tools, and collectibles at each level.

The ecosystem also includes VulcanDex, a decentralized exchange allowing users to swap gaming and cryptocurrencies, and provide liquidity to earn fees on trades. Additionally, Vulcan Forged supports third-party game developers and facilitates NFT trading within its native ecosystem, making it a hub for blockchain gaming innovations.

Players can earn rewards through various activities such as battling, completing quests, upgrading lands, and staking tokens. The rewards system is primarily based on the platform’s native tokens, PYR and LAVA, which can be used for purchasing and upgrading in-game assets, staking, and trading.

What Is PYR Token?

PYR is the native utility token of the Vulcan Forged ecosystem, functioning as a cross-chain ERC-20 token. It powers the entire range of dApps within the platform and can be used across all studio’s games. PYR is essential for buying and selling NFTs on the Vulcan Forged marketplace, upgrading and sustaining game asset levels, earning P2E benefits, and accessing Vulcan Forged game developers and the dApp incubation program.

PYR is available on both Ethereum and Polygon mainnets, with most features utilizing the Polygon version to reduce transaction fees significantly. The token has a total supply of 50,000,000, with 27,182,227 million currently in circulation as of this writing. It is available on various exchanges, such as Bitget.

Vulcan Forged PYR's Impact on Finance

Vulcan Forged PYR is contributing significantly to the financial landscape by bridging gaming and decentralized finance (DeFi). It is part of a growing trend of play-to-earn games that are generating billions in revenue and reshaping the digital economy. The platform’s innovative approach to gaming allows players to earn tangible financial rewards, making it an attractive option for gamers and investors alike.

The integration of blockchain technology in gaming, as seen in Vulcan Forged PYR, is indicative of the potential and versatility of blockchain and cryptocurrency in various industries. It exemplifies the convergence of entertainment and finance, providing a glimpse into the future of gaming, where players can derive financial value from their in-game activities.

What Determines Vulcan Forged PYR's Price?

The price of Vulcan Forged PYR token (PYR), like other cryptocurrencies, is influenced by a myriad of factors, reflecting the dynamics of the cryptocurrency market. Market trends, cryptocurrency news, and analysis play a pivotal role in determining the token's value. The price prediction of PYR is often shaped by the overall sentiment in the cryptocurrency market, developments within the Vulcan Forged ecosystem, and broader cryptocurrency regulation changes. Cryptocurrency enthusiasts and experts closely monitor these factors, analyzing cryptocurrency charts and market movements to forecast the potential price trajectory of PYR in 2023 and beyond.

Investors and the crypto community are keen on identifying the best crypto investment for 2023, and Vulcan Forged PYR is often under scrutiny due to its innovative approach in blending gaming with blockchain technology. The token's price is also influenced by its availability and where to buy cryptocurrency, with increased accessibility on leading exchanges such as Bitget potentially driving demand and, subsequently, the price upwards. However, potential investors should be wary of cryptocurrency risks, including crypto market volatility, and conduct thorough research or consult cryptocurrency experts before adding PYR to their crypto portfolio management strategies. The evolving landscape of cryptocurrency adoption and the continuous developments within the Vulcan Forged ecosystem are likely to impact the token's value, making it a point of interest for those looking to explore cryptocurrency for beginners and seasoned investors alike.

Current price:

$3.21More price details

All-time high:$10.74

All-time low:$2.06

PYR supply and tokenomics

Circulating supply:-- PYR

Total supply:-- PYR

Max supply:0 PYR

Market cap:--

Fully diluted market cap:--

Token allocation:

Research & Development

60.00%

Marketing

30.00%

Operations

10.00%

Tokenomics:

Token utility

PYR is the native utility token that is used for:

Fees for marketplace settlement
Staking in VulcanVerse land and other assets
Upgrading and sustaining game asset levels
Play-to-earn rewards
Access to our game developers and NFT dapp incubation program

Links

Website:https://vulcanforged.com/

Whitepaper:https://vulcan-forged.gitbook.io/whitepaper

X:https://twitter.com/VulcanForged

Buy Vulcan Forged (PYR) for $1Buy PYR now

What is the development prospect and future value of PYR?

The market value of PYR currently stands at --, and its market ranking is #999999. The value of PYR is not widely recognized by the market. When the bull market comes, the market value of PYR may have great growth potential.

As a new type of currency with innovative technology and unique use cases, PYR has broad market potential and significant room for development. The distinctiveness and appeal of PYR may attract the interest of specific groups, thereby driving up its market value.

What will the price of PYR be in 2025?

Based on PYR's historical price performance prediction model, the price of PYR is projected to reach $3.61 in 2025.

What will the price of PYR be in 2030?

In 2030, the PYR price is expected to change by +6.00%. By the end of 2030, the PYR price is projected to reach $7.64, with a cumulative ROI of +171.18%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of PYR and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

PYR price PYR price prediction PYR news

Is PYR worth investing or holding? How to buy PYR from a crypto exchange?

If you want to buy PYR, the following information may be helpful for your investment decisions:

In the last 7 days, the price of PYR has fallen by undefined%, leading to negative returns for most PYR investors. The market is currently pessimistic about the price trend of PYR.

It is important to note that the current price of PYR has retreated by -70.12% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether PYR is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in PYR or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of PYR, if you want to buy or sell PYR, you can consider Bitget for your trading needs. The best place to buy PYR is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Vulcan Forged (PYR) has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Vulcan Forged (PYR). Here's a step-by-step guide on how to buy Vulcan Forged (PYR) on Bitget.

Buy PYR now Coin buying guide

How to get Vulcan Forged (PYR) through other methods？

Using cash to buy Vulcan Forged (PYR) is not the only way to obtain Vulcan Forged (PYR). If you have the time to spare, you can get Vulcan Forged (PYR) for free.

Learn how to earn Vulcan Forged (PYR) for free through the Learn2Earn promotion.

Earn free Vulcan Forged (PYR) by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Vulcan Forged (PYR) airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Vulcan Forged (PYR) through Bitget Convert, Bitget Swap, or spot trading.

What is Vulcan Forged (PYR) used for and how to use Vulcan Forged (PYR)?

The use case of Vulcan Forged (PYR) may expand as the crypto market and the project itself develop. Currently, you can use PYR to achieve the following goals:

Arbitrage by trading PYR: Since PYR is a frequently traded cryptocurrency, the price of PYR is always fluctuating. Earn more PYR by buying low and selling high on the exchange. Bitget spot market provides a variety of PYR trading pairs to fully meet your needs.

Earn by staking PYR: You can also generate income through financial management methods such as staking PYR or lending PYR. Bitget Earn offers a variety of financial products designed to help you earn more income from your PYR.

Send or pay PYR: If you want to give PYR to your friends, a charity, or a fundraiser, or you want to pay someone with PYR, you can quickly and easily send PYR to the recipient through their payment address.

You can also go to the official website of the Vulcan Forged (PYR) project to learn more about the use cases of PYR. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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