Meme coin season seems to be giving way to more value-oriented assets.
Even though the crypto market is slowly regaining its footing, several popular meme projects have yet to register any bullish traits.
Would it be a viable opportunity to operate a project like ecoterra? Market analysts seem to think so.
MILADY, Doge Killer and Tamadoge all take losses
The crypto market is on the rise again and rose 0.72% to $1.12 trillion.
On its rise to victory, several market movers like Bitcoin and several altcoins pushed back the fledgling industry.
However, the meme coin ecosystem seems to be widely divided in its efforts. A few like Milady Meme Coin, Doge Killer and Tamadoge were unable to catch the bullish waves.
Instead, Milady Meme Coin is down 1.13% in the past 24 hours and 42.67% in the past week.
Doge Killer is also trailing in the red zone at 2.11% over the past day and 1.87% over the past seven days.
Tamadoge, the popular non-fungible token (NFT) play-to-earn (P2E) cryptocurrency, also lost 2.65% in the past day and 3.37% in the past week.
While this may seem insignificant to many, a growing sentiment in the crypto landscape is that the meme coin frenzy seems to be waning.
This is significant given that a large number of spoof coins like $PEPE and $SPONGE have posted thousands of intra-day rallies, significantly increasing the market capitalization of the crypto sub-sector.
With sentiment now shifting elsewhere, investors are turning to more utilitarian assets like climate change blockchain project ecoterra.
Leverage the recycle-to-win ecosystem
If there is one thing that concerns us all, it is the increasing number of greenhouse gas emissions produced annually.
The climate is becoming increasingly precarious with more precipitation, high sea levels, melting icebergs and higher than usual heat temperatures hitting the Earth at the same time.
To mitigate these climate reactions, more and more world governments are introducing measures to raise awareness among their respective natives and incentivize companies to reduce their carbon production.
However, the process is less transparent in most places, making it difficult to track collective efforts.
A blockchain project changes that narrative and allows anyone to actively participate in making the planet more sustainable and get paid in the process.
Ecoterra comes with a Recycle to Earn (R2E) initiative where users can recycle their plastic waste and earn digital assets in return.
Additionally, the eco-friendly project includes a carbon offset market where users can trade these carbon offsets for profit.
All these activities will be carried out using the ecoterra R2E application. This mobile app will also feature an environmental impact profile that will allow individuals to monitor their contributions to sustainable development around the world.
While users will be the first point of call, ecoterra is also more encompassing for businesses and institutions.
The platform will allow companies looking to reduce their carbon footprint to add their products to the ecoterra database, where their customers can match recycled materials with them and earn cryptocurrencies.
Interestingly enough, the ecoterra platform is powered by artificial intelligence (AI), which means that sorting materials will be much easier than expected.
This way, companies can also individually reward their users with non-fungible tokens (NFTs), which the ecoterra platform will support.
The platform is only powered by a native token with a similar name, $ECOTERRA.
The project token is currently on presale and has racked up over $4.37 million in a matter of weeks.
The digital token is currently selling at a pre-sale price of $0.0085, making it a low-cost investment option for ESG-conscious investors.
Visit ecoterra now