MetalCore, a free-to-play massive multiplayer online (MMO) combat game led by former developers from Activision, Disney, Lucasfilm, and Midway, has announced a partnership with the universal gaming ecosystem Portal.

Studio369, the game development company behind the blockchain-powered PvP shooter, said that Portal is a cross-chain gaming access point that enables users “to consolidate all of their Web3 games, digital assets, and user accounts into a single, easily accessible location.”

MetalCore and Portal Focus on Eliminating Onboarding Barriers

The Web3 game industry is gaining popularity. However, Studio369 argues, the blockchain onboarding experience still has two major pain points: it’s complex and fragmented across competing ecosystems.

These issues represent “a bottleneck to broader growth.”

This is what MetalCore and Portal aim to eliminate.

Creating a consolidated ecosystem will break down onboarding barriers, opening doors to millions of new users.

“By integrating into a unified ecosystem, gamers will access a powerful interface, removing the complexities of navigating blockchain bridges and liquidity pools,” the press release said.

@Portalcoin x METALCORE

Step through the portal, Soldiers, and enter the world of Kerberos where mechs dominate the battlefield. https://t.co/idiPQQiW5y

— METALCORE | Let's #PlayMetalCore! (@playmetalcore) May 15, 2024

Furthermore, the partnership is a step in MetalCore’s overall mission to build a player-driven, interconnected ecosystem of gaming token utility.

Per the team, this ecosystem involves sustainable, interoperable economies and tokens integrated into the core gameplay loop.

Therefore, it’s the players themselves who shape the game’s outcome. Their choices also affect the narrative and economy.

“Portal is connecting the Web3 gaming ecosystem in a way never attempted before,” remarked Studio369 CEO Matt Candler. “This space is going to need AAA titles to support growth, but also the means to connect players and assets. We believe we’re at the cutting edge of building such an ecosystem.”

Nearly $19 Million Raised

Studio369 is a team of Unreal Engine experts focused on PC and console platforms, the announcement noted.

Its members previously worked on massive titles such as Fortnite, The Walking Dead, Star Trek, Gears of War 3, MechWarrior 2, Nether, and Outpost Zero.

They have decades of extensive development and publishing experience.

FINAL 24 HOURS

This is your FINAL CHANCE to get in on $MCG Rewards.

Acquire Marks NOW by completing quests!
https://t.co/F0t8D487lZ pic.twitter.com/3z0IsJfrNs

— METALCORE | Let's #PlayMetalCore! (@playmetalcore) May 13, 2024

In March this year, Studio369 successfully raised $5 million for MetalCore, from Delphi Digital, BITKRAFT Ventures, Sanctor Capital, Spartan Group, King River Digital Assets, and Arrington Capital, among others.

Per Crunchbase, the team has raised a total of $18.7 million in three rounds.

Following the March raise, Studio369 said it would put the newly raised funds toward continued development and upcoming features, including “a never-seen-before dynamic mission system that leverages AI to generate unique assignments, objectives, and tasks.”

Also, thanks to the integration in the Immutable zkEVM ecosystem, developers have been enabled to deploy custom smart contracts and offer users a gas-free service.

Winner of Global Blockchain Show’s Best Blockchain Game of the Year and GAM3 2022 Award for Best Shooter Game, MetalCore possesses an innovative ‘scanning’ system that lets players obtain blueprints from fallen enemies, craft new weapons and vehicles, and convert them to Web3 assets for trading, the team noted.

"web3 gaming is dead, nothing is happening"

i'm not so sure about that, every day i'm surprised by another game reporting solid player stats and seeing great growth

the latest one is Metalcore

we talked about the game a bunch of times before, based on the gameplay it's one of… pic.twitter.com/aLUV2Wcn8V

— apix (@apixtwts) May 14, 2024

Meanwhile, Portal offers a suite of services for users to engage with Web3 titles. It includes a wallet, companion app, multi-chain functionality, a launchpad, and a native token.

Speaking of the PORTAL token, it debuted this year at a $2.37 billion valuation.

The platform, whose advisory board includes Jamie King, co-founder of Rockstar Games, also recently partnered with Pixelmon.

Justin Taylor, a member of the Portal team, commented on the partnership with MetalCore. He said the Portal team “knows how important it is to have the most innovative titles available through our platform. We want players to consider us the obvious access point for their favorite Web3 games.”

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The Pepe price has fallen by 7% in the past 24 hours, with its drop to $0.00001036 coming as the cryptocurrency market as a whole gains by 5% today.

PEPE is clearly correcting after a strong couple of days, with the meme token still up by 30% in a week and by 100% in a month, not to mention by 500% in a year.

That it is still largely in the green indicates how today’s loss mostly relates to traders taking some profits after a rip-roaring start to the week, which followed from the return of meme-stock trader ‘Roaring Kitty’ to X.

And with PEPE remaining one of the most popular vehicles for whales, it’s likely to rebound soon enough.

Pepe Price Prediction as PEPE Drops 7% Suddenly – What’s Going On?

PEPE’s chart shows that it has run out of a little steam relative to the previous few days, with its indicators signalling a loss of momentum.

Its relative strength index (purple) has declined from 85 on Monday to just under 50 today, and while it has shown tiny signs of improvement it may still struggle in the near term.

Likewise, PEPE’s 30-day average (orange) is now declining again after spending several days shooting well above the 200-day (blue), which is again a sign that recent buyers have begun taking profits.

What’s interesting, however, is that the coin’s trading volume remains elevated, at around $1.6 billion today.

This contrasts favorably with the levels (e.g. sub-$500 million) seen only a few days ago, indicating that interest remains in PEPE and that it could rebound soon enough.

A whale withdrew 520B $PEPE($5.28M) from #Binance 30 minutes ago.

It is worth noting that this whale is not smart.

He bought a total of 10 tokens and never sold them.

According to the current price, he lost a total of $6.1M, 5 tokens were profitable, and the win rate is 50%.… pic.twitter.com/fC4drHO7ZP

— Lookonchain (@lookonchain) May 15, 2024

Indeed, some whales are still accumulating PEPE even now, suggesting a belief that the meme token will return to growth pretty soon.

This certainly remains a possibility, given that meme coins – and particularly PEPE – have been hot ever since meme-stock investor Keith Gill (AKA Roaring Kitty) returned to posting on X for the first time in roughly three years.

However, it should be noted that GameStop – the stock Gill was instrumental in pumping in 2021 – declined by nearly 20% on close yesterday.

This suggests that the bullishness his return instigated may already be ebbing away.

Nonetheless, PEPE remains a favorite among whales, so it’s likely to return to winning ways in the next few weeks, if not days.

There is very high short interest on $PEPE right now. Funding rates are negative and shorts are paying longs daily.
The longer price stays up, the more they pay. They can't all close at current levels, price will shoot up and they will get liquidated if we hold. pic.twitter.com/rfTzlvTa9g

— Plazma (@Plazma0x) May 16, 2024

It could see sustained gains later in the year, particularly if the Fed comes through with rate cuts and boosts the wider market.

As such, the Pepe price could hit $0.0000120 in a couple of weeks and $0.000020 by Q4 2024.

New Meme Tokens Could Outperform Older Coins

Traders may be worried that PEPE could correct for a while longer yet, so they could potentially turn to newer meme tokens to make bigger gains in the near term.

Now would be a good time to make such a move, since there are various meme tokens holding their presales at the moment, with many on course to rally big once they list.

A prime candidate for a big opening is Sealana (SEAL), a Solana-based meme token that has raised just over $1.2 million in its increasingly popular sale.

Even an honourable discharge won’t stop #Sealana from spreading FREEDOM with his fellow special forces $SEALs. 
Putting his battlefield days behind him, Sealana and his comrades are now taking on a different enemy: keyboard warriors and #Memecoin haters.
He didn’t serve… pic.twitter.com/VV4oWeSjTi

— Sealana (@Sealana_Token) May 15, 2024

The reason why investors are turning to SEAL is that it’s aiming to become the latest in a long line of SOL-based meme tokens to outperform the market this year.

It has adopted a bumbling, Americanized seal as its meme, and so far, it has been successful in drawing in supporters and growing its community.

Also bullish is the fact that an Ethereum version of its token will now be available, making it a multi-chain cryptocurrency and thereby giving it wider application.

Investors interested in joining its sale can do so at the official Sealana website, where they can purchase the token by sending SOL to the following address: DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.

It’s available at a rate 1 SOL for 6,900 SEAL, which converts to $0.023 per token.

This is a rock-bottom price, and one which SEAL should leave behind very quickly once it lists on exchanges in the next few weeks.

Buy SEAL Today

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