The cryptocurrency market is becoming a constantly growing industry with the entry of new projects. Blockchain technology hosts many good projects focused on Metaverse, NFT and DeFi. The Galaxy Heroes Coin (GHC), which is the main topic of this Zatrun.com article, is one of the platforms that focuses on Metaverse.

Galaxy Heroes has managed to create a huge hype since its launch in 2021. Within a few weeks of its launch, it climbed to number one on CoinMarketCap’s trending assets list. But the future of the project does not seem to be bright. Let’s examine together.

What is Galaxy Heroes (GHC)?

Galaxy Heroes is a blockchain-based game. Although blockchain games are not new, Galaxy Heroes has an interesting-looking game that is in the development stage. The game revolves around superheroes reminiscent of Marvel movies. Metaverse has special design superheroes that can be purchased as NFTs. There are only 2500 of these superheroes in total, and since each one is uniquely designed, it can be said that a lot of effort has been put into the project. But what will these superhero NFTs be used for?

The answer to this question is not yet clear because although it was released in 2021, the game has not yet been launched. However, we can say that the heroes will probably be part of your in-game “collection” in Galaxy Heroes’ mobile game. Moreover, NFTs will have rarity levels, and rarer NFTs will have significant “superpowers.” At this point in time, not much is known about the game. The project’s website says that GameFi is coming soon. However, there is no specific release date for the game now.

For now, the only thing we know about the game is that it will revolve around superheroes. The project does not seem to have come a long way since its launch in 2021. In January 2022, the project launched its own NFT marketplace, but the game has not yet been released. Additionally, the game’s website does not contain any information about the game outside of the whitepaper.

However, the project’s Telegram and Discord channels are still active, and Telegram has over 4000 members. Therefore, we can say that there is a community waiting for the game to be released. We will share more information with you as more details about the game are revealed.

What is GHC? Is It a Good Investment?

Galaxy Heroes Coin (GHC) is a cryptocurrency that will be used within the Galaxy Heroes Coin ecosystem, built on the BNB Chain. According to the project’s whitepaper, GHC offers one of the lowest gas fees in the BNB ecosystem, allowing users to earn returns “infinitely”.

The blockchain operates on a proof-of-stake mechanism, enabling users to earn passive income by simply holding GHC in their wallets. Additionally, the cryptocurrency can be used to purchase superheroes through the NFT marketplace. While the asset was primarily launched for in-game use, it may also be used for DeFi purposes such as yield farming in the future.

Although Galaxy Heroes Coin made a big splash when it was first launched, it now has almost non-existent price movement. The project’s roadmap, which includes the game, Metaverse, and film, has yet to be realized. Therefore, the cryptocurrency has lost much of the gains it made at the start, making the slow-progressing project appear to scare investors away. The NFTs launched in January 2022 did not create much excitement in the community either.

Looking at the price data, the loss of popularity is more evident. The cryptocurrency is currently ranked 7534th on CoinMarketCap, with its market cap unknown, and only $5 worth of trading volume in the last 24 hours. Hence, it’s advisable to be cautious before investing in the project.

Where to Buy It?

GHC is not currently listed on widely used cryptocurrency exchanges with high trading volumes. To purchase the cryptocurrency, one must access exchanges such as PancakeSwap, Gate.io, CoinTiger, and Bilaxy. After registering on the chosen exchange and depositing money into the wallet, one can buy Galaxy Heroes Coin. However, it’s essential to note that assets like GHC are much more volatile than larger cryptocurrencies due to their low trading volumes. Crypto assets are risky investments, and risks increase in smaller projects.