Metaverse, decentralized finance (DeFi), and Nonfungible tokens (NFTs) are the most discussed topic in the ecosystem of cryptocurrency and these are responsible for convincing the whole world to choose blockchain technology. CEEK VR is a creator and entertainment-based platform that is very interested in one of these hot topics of the market and the company has an objective to utilize the virtual worlds to get a connection among athletes, artists, and content creators on digital platforms and their followers.
Reasons For The Sudden Growth Of CEEK VR
As per the data from TradingView and Cointelegraph Markets Pro, due to the occurrence of trade at $0.289 which is very low on 15th March, CEEK’s price has increased by 123% and recorded a peak of $0.646 on 7th April. Moreover, the daily trading volume of CEEK VR also increased by 178% which means $90 million.
The reasons for the sudden increase in the piece of CEEK VR are the fact that it got featured at the gift lounge of Grammy this year, numerous new listings of cryptocurrency exchanges, and development in the integration and partnership with the BNB Smart Chain. A booth was hosted by CEEK VR in the lounge of Grammy 2022 and it gave exposure to them as several fans of music and influencers must have visited the booth.
This booth was hosted with the help of Universal Music, a partner of CEEK, whose main function is granting the right to conduct live shows for celebrities like Bon Jovi, Ziggy Marley, Sting, Lady Gaga, and many more. CHEEK also made partnerships with big corporate names like Microsoft, Meta Oculus, and Apple for the up-gradation of their VR technology.
CEEK is also participating in the BNB Chain MBVIV Incubation Program which allows many incubation events, support from the community, and mentorship. Furthermore, CEEK is also supported by exchange listings on KuCoin and Huobi Global.