Vulcan Forged PYR is a blockchain game studio and cross-chain NFT marketplace, and is supported by the native token PYR. There are a series of games available on the platform, with VulcanVerse and Berserk the two most successful games from the project.
Launched in 2021, Vulcan Forged is “committed to providing the best NFT gaming experiences possible by offering engaging and entertaining games”. PYR met its all-time high in December last year, hitting an impressive $49.74, but the price has since retreated.
What is PYR crypto? What was the lowest price for Vulcan Forged? Let's take a look.
What is Vulcan Forged PYR (PYR)?
The crypto sets out to be an easy-to-build-on blockchain protocol which supports developers in creating games, claiming to guide creators through development programs, incubation and crowdfunding.
Alongside offering a host of games to users, the crypto offers an NFT marketplace where, it says, users can sell and buy in-game digital assets. Top games, according to the platform’s website, include VulcanVerse, Berserk, Forge Arena and Vulcan Chess.
VulcanVerse, which launched in March, “is an open-world massive multiplayer online role-playing game backed by blockchain technology and lore written by fighting fantasy authors.” Players can own a range of assets in the form of NFTs, including gold, land and “vulcanites”. PYR is used for staking, earning play-to-earn rewards and accessing various game developer and incubation programmes, as well as for buying and selling NFTs.
Despite having developed some reasonable market traction, especially in 2021, the coin’s reputation was somewhat damaged when the platform fell prey to hackers in December 2021. Crypto assets worth $140m were stolen, although the platform offered compensation to the users.
Vulcan Forged PYR price prediction
Immediately after launch, the PYR coin rose to $5.9509 on 29 April 2021 before sliding to $1.1619 on 22 June 2021. The price subsequently began to rise, hitting record highs of $49.74 by 1 December 2021. The Vulcan Forged PYR coin then experienced a downward trend, hitting lows of $8.20 on 13 March 2022.
The coin saw some gains after that, standing at $12.07 as of 28 March 2022. However, a long-running bear market throttled the value of most altcoins, and by 3 July the token met a new low of $2.64. However, the token has gained some traction following a partnership with Binance:
By the time of writing on 12 July 2022, the token was trading at $3.04, giving the coin a market cap of $72.5m. There is a maximum supply of 50 million PYR coins and a current circulating supply of almost 23.9 million coins (approximately 48%).
PYR crypto: What was the lowest price for Vulcan Forged?
Gov.capital, in a very bullish forecast, thinks Vulcan Forged PYR could go up to $33.50 in a year’s time and $254.44 in five years’ time.
DigitalCoinPrice thinks that Vulcan Forged PYR could hit $4.17 by the end of the year, and makes a price prediction for 2023 for an average of $4.25. The website’s Vulcan Forged PYR price prediction for 2025 stands at $6.10, going down to an average of $5.29 in 2026, back up to $7.35 in 2027, $9.83 in 2028 and $12.52 in 2029. Its Vulcan Forged PYR price prediction for 2030 is an average of $14.06, going up to $16.02 the following year.
TechNewsLeader also makes a bullish set of projections, forecasting values of $5.88 in 2022, $17.70 in 2025 and $116.84 in 2030.
Hope this article can provide you with a better understanding about PYR crypto. What was the lowest price for Vulcan Forged? You must've found the answer now.
