While it seems that, for many, the metaverse is firmly in the rear-view mirror of popular culture, one game associated with the concept has received an unexpected boost recently.
Gods Unchained, a card swapping game based on non-fungible tokens (NFTs) was listed by the Epic Games online store, in a move that made the game available to Epic Games’ 230 million costumers. The news came not long after the game’s native token, GODS, had hit an all-time low.
With the market still shaken by the news that the United States Securities and Exchange Commission was suing the Binance and Coinbase crypto exchanges, Gods Unchained and GODS were able to mount something of a comeback.
But what is Gods Unchained (GODS)? How does Gods Unchained work? Let’s see what we can find out, and also take a look at some of the Gods Unchained Price Predictions that were being made as of 27 June 2023.
Gods Unchained is a blockchain-based card trading game. It was created by former Magic: The Gathering Arena game director Chris Clay and Immutable X founders James and Robbie Ferguson.
The game was launched in March 2021, and sees people use non-fungible tokens (NFTs) as cards. Each NFT has its own attributes, and players set them against each other in battles.
The platform is supported by its own native token, GODS.
One thing that makes the Gods Unchained game stand out is that all the gameplay takes place off the blockchain, which means that there are no transaction fees.
Players can buy and sell their Gods Unchained NFTs on the Immutable X platform or on the system’s Token Trove marketplace.
The GODS token is used to help create NFTs, and people who hold it can vote on changes to the game. GODS can also be bought, sold, and traded on exchanges.
Something we need to mention right now is that, since GODS is, ultimately, based on the Ethereum (ETH) blockchain, it is a token, rather than a coin. You might see references to things like a Gods Unchained coin price prediction, but these are wrong.
Let’s now take a look at the Gods Unchained price history . While past performance should never be taken as an indicator of future results, knowing what the token has done can help give us some very helpful context when it comes to either making or interpreting a Gods Unchained price prediction.
GODS first came onto the open market in October 2021, when it was worth about $4.60. The newly-launched token was, as is often the case with such things, highly volatile.
The market experienced a boom triggered by Bitcoin (BTC) reaching record levels, and with interest in it boosted by the still-relevant metaverse and a listing on Coinbase, it reached an all-time high of $8.83 on 10 December. After that, it fell down to close the year at $4.43.
People who were hoping that the metaverse would provide a key to a fourth or fifth industrial revolution were due to be disappointed in 2022. That was the year where the sector managed to underperform in a crypto market that, itself, lost more than 60% of its value in bearish conditions. Gods Unchained was no exception to the rule.
Things went downhill for GODS pretty much from the start of 2022. It fell to a little over $2 by the end of January and came close to dropping below $1 in late February. It finally fell below $1 in March and, despite making something of a recovery, it has been worth less than the dollar since 26 April last year.
A series of market crashes made things even worse, and it slumped to close the year at $0.1982. This meant that it had lost a staggering 95% of its value over the course of 2022.
So far, things have managed to get even worse in 2023. Although the token initially rose, reaching $0.3669 on 18 February. After that, things got worse and, following the news that Crypto.com had suspended its US institutional operations, it dropped to an all-time low of $0.0927 on 10 June.
The token has since made a comeback, boosted by its Epic Games listing and, on 27 June 2023, it was worth about $0.153.
At that time, there were about 226.8 million GODS in circulation out of a total supply of 500 million. This gave the token a market cap of around 35 million, making it the 443rd-largest crypto by that metric.
It appears as if Gods Unchained being listed on Epic Games came at a good moment for GODS. The token was at $0.1772 on 5 June but, following the SEC announcing its lawsuits and the fallout from that, it fell by nearly half in just five days.
Since then, though, it has recovered and is now trading at 65% more than on 10 June. That said, it is still worth nearly 15% less than it was before the market tanked.
With that all said and done, let’s take a look at some of the Gods Unchained price predictions that were being made as of 27 June 2023.
It is important to remember that price forecasts, especially for something as potentially volatile as crypto, very often end up being wrong.
Also, keep in mind that many longer-term crypto price predictions are made using an algorithm, which means that they can change at a moment’s notice.
First, CoinCodex had a short-term Gods Unchained price prediction which said it could get to $0.1537 by 2 July and climb further over the course of the following few weeks, hitting $0.2199 on 28 July.
The site’s technical analysis was, perhaps surprisingly, very bearish, with 20 indicators making downbeat signals compared to just seven making bullish ones.
In terms of other Gods Unchained price predictions for 2023, DigitalCoinPrice seemed confident, saying it would get to $0.32, while Bitnation said it would trade at $0.2297. PricePrediction.net came a little bit behind, forecasting it to reach $0.21 this year.
When it came to a Gods Unchained price prediction for 2025, PricePrediction.net was, again, the most cautious forecaster, saying it would trade at $0.41. Bitnation said it would reach about $0.536, while DigitalCoinPrice was, again, the most optimistic, with it suggesting the token would be worth $0.55 in two years time.
Looking forward to a Gods Unchained price prediction for 2030, Bitnation argued it would be worth $1.30, while DigitalCoinPrice said it would trade at $1.60. PricePrediction had the most bullish GODS price prediction for the start of the next decade, though, saying it would stand at $2.68.
It is hard to say. The game’s Epic Games Store listing could, potentially, see a lot more people having access to the Gods Unchained. Whether they will take up the opportunity to play the game remains to be seen, but the possibility is there.
On the other hand, the GODS token has suffered over the last 18 months, as the metaverse has become yesterday’s news and NFTs are being seen as a fad. Its recent all-time low pretty much confirmed that the token, which is a long way from the top 100 cryptos, has some way to go.
But it is always possible that the crypto is still in a dip and, since the theory is that people should buy in the dip, now could be a good time to invest in GODS. Again, a lot will depend on the behavior of the market as a whole and whether Gods Unchained gains any traction on the Epic Games Store.
As ever, you will need to make sure that you do your own research before deciding whether or not to invest in Gods Unchained.
No one can really say for sure right now. Although the Gods Unchained crypto price predictions are largely upbeat, price predictions have a well-earned reputation for being wrong. Remember, too, that prices can, and do, go down as well as up.
Before you decide whether or not to invest in Gods Unchained, you will have to do your own research, not only on GODS but on other, similar, coins and tokens, such as Gala Games (GALA). That said, you will have to make this decision for yourself. Before you do, make sure that you never invest more money than you can afford to lose.
On 27 June 2023, there were about 226.8 million GODS in circulation out of a total supply of 500 million.
It is certainly possible. PricePrediction.net says it could get there in 2027, but it is more likely to happen in 2028, while both Bitnation and DigitalCoinPrice have it reach the dollar in 2029. Keep in mind that, although price predictions are very likely to be wrong, GODS has been worth $1 before, most recently on 26 April 2022.
The GODS token is used to create NFTs in the Gods Unchained blockchain-based card trading game. Holders can vote on changes to the Gods Unchained platform, and it can be bought, sold, and traded on exchanges.
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.