High Street Coin: Worthy Investment Or Risky Business?

Highstreet (HIGH) is a metaverse-based cryptocurrency that offers a play-to-earn MMORPG game, where users can earn tokens, increase their rank, and gain NFTs. The project aims to redefine retail by offering an immersive shopping and gaming experience through its open-world metaverse platform.

The HIGH token is a native token of the Highstreet metaverse and is essential for progressing in the game. It can be used to buy virtual real estate, special items, and to participate in governance activities. The token first went live in October 2021 and is currently trading at around $1.33.

There are mixed opinions on whether Highstreet is a good investment. Some analysts predict that the price of HIGH will increase significantly in the future, with PricePrediction.net forecasting a price of $84.26 by the end of 2030. On the other hand, WalletInvestor is pessimistic about the coin, predicting a price of $3.643 by 2027.

It is important to note that cryptocurrency is a highly volatile and risky investment. Conduct thorough research and consult with a financial advisor before making any investment decisions.

Highstreet's value and future growth

Highstreet (HIGH) is a metaverse-based cryptocurrency that offers a play-to-earn model, allowing investors to earn rewards by participating in social events, interacting with other players, purchasing NFTs, and completing tasks. The coin is unique as it combines traditional and crypto brands in MMORPG (Massively Multiplayer Online Role-Playing Games).

Current Value

As of December 27, 2021, Highstreet (HIGH) is trading at around $14.16, with a 24-hour trading volume of $28,228,432. The current circulating supply is 12,302,500 HIGH coins, with a maximum token supply of 100,000,000.

Future Growth

Highstreet has a lot of potential for future growth, especially if the concept of the metaverse continues to gain traction. The play-to-earn feature is particularly attractive to gamers and has the potential to draw in a large number of users.

• CoinMarketCap analysts believe that due to the meta world" announcement by Facebook, the price of HIGH will reach $50 soon.
• Digital Coin Price analysts forecast that the price of HIGH will reach $15.87 in the next five years.
• Wallet Investor analysts are more pessimistic, predicting that the price of HIGH will be $3.643 by 2027.
• PricePrediction.net expects the price of HIGH to reach $10.74 by the end of 2024 and continue to grow in the coming years, reaching $8.54 by 2030.
• TradingBeast predicts a slower growth for HIGH, with a price of $10.32 by 2030.

It's important to note that these predictions are not guaranteed and the actual performance of HIGH may differ from these forecasts. However, with the growing popularity of the metaverse and Highstreet's unique features, it has the potential to be a good investment opportunity for those who are comfortable with the risks involved.

Highstreet's unique features

Highstreet (HIGH) is a unique metaverse project with several distinctive features. Here are some of its key unique features:

• Dual Token Economy: Highstreet has adopted a dual token economy model, with both HIGH tokens and STREET tokens serving different purposes in the Highstreet World metaverse. This ensures a balanced economy, giving new players an equal opportunity to enjoy the game without high inflation while still appropriately compensating early participants.
• In-Game Currency: STREET tokens are the primary in-game currency used to conduct all in-game transactions, such as buying from NPCs representing brands, purchasing from other players, and repairing in-game items. This is similar to the SLP token in Axie Infinity, which can be earned by completing tasks and hunting down monsters.
• Land Plots: Highstreet is made up of hexagon-shaped land plots that will be leased to real-world businesses to establish their presence in the metaverse. These businesses can build in-game infrastructure such as clubs, shops, and homes.
• Initial Home Offerings (IHO): Users can acquire their own "homes" in different locations within the Highstreet World metaverse through Initial Home Offerings (IHO). This allows users to purchase virtual real estate and become part of the metaverse community.
• VR Integration: Highstreet is designed with the notion that players will be fully engaged in virtual worlds and will utilise the evolving VR gear available on the market. They have collaborated with prominent hardware manufacturers such as HTC to enhance the VR experience.
• Multiplayer Hosting Service: To support social components in VR, Highstreet utilises the Unity Multiplay game engine, a multiplayer hosting service. It synchronises player physiological movement and delivers high data throughput to preserve organic player movement, ensuring a seamless multiplayer experience.
• Gaze Analytics: Highstreet has acquired a data analytics IP called Gaze Analytics from Retinad, which will provide quantifiable data metrics to VR experiences. This will enhance the metaverse experience and provide valuable insights for brands operating within the Highstreet metaverse.
• Avatar Customisation: Highstreet uses the same engine that powers the RTFKT's CloneX NFT collection, an avatar SDK called Tafi avatar, to capture users' representations of their bodily actions in the virtual environment. This allows users to create unique avatars and express themselves virtually.

Highstreet's team and founders

The brains behind Highstreet is Travis Wu, who created this incredible coin. The team started as a typical equity-based VR company, LumiereVR. The group of analytics in charge of improving the user's experience in Highstreet includes Retinad realitie virtualle and the Sundance festival, a strong association of art and technology and studio arm.

In addition, they have several supporters and advisors working behind the scenes to ensure the success of Highstreet. Highstreet allows firms ranging from street clothing to high fashion to develop their virtual stores in this metaverse. The game was motivated by Avatar, the Last Airbender, Maplestory, One-piece, and Treasure Planet, and the team has been working on the vision for six years before its launch.

The Rumpf family, comprising Karsten Rumpf, his wife Bettina Rumpf, and their sons Richard and Daniel Rumpf, are also key players in the Highstreets team. Karsten Rumpf, who arrived in Canada in 1965 with $200 and a dream, founded the company that would become Prime Properties. With the support of his parents, who were property owners in Germany, Karsten purchased his first building in Montreal in 1974, opening an amusement arcade. Over the years, Prime Properties became the primary downtown amusement arcade operator, acquiring buildings in Toronto, Calgary, Alberta, and eventually expanding into high-street retail in major city centres.

Today, Karsten Rumpf has grown his real estate holdings from commercial to residential, with a presence in major cities across Canada, Germany, and the United States. He is supported by his wife Bettina, who brings her own business acumen and intuition to the team, and their sons Richard and Daniel, who have also joined the family business. Richard has modernized the company's processes and expanded its holdings, while Daniel intends to follow in his father's footsteps in property development and finance.

Highstreet's price predictions for 2024-2030

Highstreet (HIGH) is a metaverse where investors can earn by participating in social events, interacting with other players, purchasing NFTs from brands, and completing tasks. It became the 28th project of the Binance Launchpool.

2024

According to CoinCodex, the price of Highstreet is predicted to rise by 232.90% and reach $10.38 by July 11, 2024. However, PricePrediction.net expects an upturn towards $10.74, and Wallet Investor predicts the price to reach ~$15.88 by the end of the year. TradingBeast takes a more pessimistic view, citing numbers downwards of $1.44 in December.

2025

Wallet Investor predicts the price of Highstreet to grow to $17.92 in 2025, while PricePrediction.net and TradingBeast forecast prices of $12.60 and $13.03, respectively.

2026

Price predictions for 2026 are positive, with PricePrediction.net and Wallet Investor predicting prices in the range of $14.21-$21.74. TradingBeast, however, forecasts a lower value of $1.86.

2027

TradingBeast and Wallet Investor are optimistic about the 2027 Highstreet price prediction, valuing it at $13.62 and $27.99, respectively. PricePrediction.net offers a more conservative estimate of $3.55.

2030

Most experts anticipate a positive future for Highstreet. PricePrediction.net predicts the price to reach $8.54, while TradingBeast and Wallet Investor forecast values of $10.32 and $14.84, respectively.

It is important to note that these predictions are subject to change and should not be considered investment advice. The cryptocurrency market is highly volatile, and past performance does not guarantee future results.

Highstreet's competitors

Highstreet (HIGH) is a metaverse and multiplayer online game that incorporates shopping, gaming, NFTs, and traditional brands. It is a decentralised, commerce-focused metaverse that integrates gaming with shopping and is built with virtual reality (VR) support.

Highstreet has two tokens: HIGH, which is a governance-heavy token, and STREET, which is a utility token and the primary currency for commerce within the game. Users can earn STREET by completing tasks in the game.

Highstreet has several competitors in the market:

• Decentraland (MANA): Decentraland is a blockchain-based virtual reality platform that allows users to create, experience, and monetise content and applications. It is a decentralised virtual world that uses Ethereum blockchain technology and allows users to purchase plots of land, which they can then navigate, build upon, and monetise. Decentraland's native cryptocurrency is MANA, which is used to facilitate transactions within the platform.
• The Sandbox (SAND): The Sandbox is a decentralised virtual gaming world built on the Ethereum blockchain. It allows users to create, share, and monetise gaming experiences and digital assets. The Sandbox offers a variety of tools for users to create their own games and has its own native cryptocurrency, SAND, which is used for transactions and governance within the platform.
• Axie Infinity (AXS): Axie Infinity is a blockchain-based gaming platform that combines elements of the metaverse and non-fungible tokens (NFTs). Players can collect, breed, and battle virtual creatures called Axies, which are represented as NFTs. Axie Infinity has its own cryptocurrency, AXS, which is used for governance and rewards within the platform.
• Gods Unchained (GODS): Gods Unchained is a blockchain-based trading card game that allows players to collect, trade, and battle with unique cards represented as NFTs. The game is built on the Ethereum blockchain and has its own native cryptocurrency, GODS, which is used for in-game purchases and rewards.
• Boson Protocol (BOSON): Boson Protocol is a decentralised commerce platform that enables the creation of dCommerce marketplaces, where users can buy and sell digital and physical goods. It utilises smart contracts and NFTs to facilitate secure and transparent transactions. Boson Protocol has its own cryptocurrency, BOSON, which is used for governance and rewards within the platform.

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