BIGG Digital Assets Inc. (OTCMKTS:BBKCF) Stock Sees Selling Pressure at a Higher Level
Shares of BIGG Digital Assets Inc. (OTCMKTS:BBKCF) closed lower in the previous session.
Market Stats
On Monday, BBKCF stock fell 13.72% to $0.5263 with more than 953K shares, compared to its average volume of 561k shares. The stock moved within a range of $0.5000 – 0.6245 after opening trading at $0.60.
TerraZero Acquires 185-Parcel of Virtual Real Estate to Develop Sprawling Entertainment Destination in the Metaverse
Owner of Netcoins and Blockchain Intelligence Group, BIGG Digital Assets Inc. (OTCMKTS:BBKCF) has made an announcement on March 07, 2022 that its portfolio company TerraZero has acquired one of the most lucrative estates in Decentraland to build the premiere entertainment destination in the Metaverse. The location will include virtual concerts, film screenings, shopping sprees, cultural and educational experiences.
There is also a new addition to the TerraZero management team. Renowned technology executive and Decentraland entrepreneur and district leader, Mr. Carl Fravel has assumed the role of strategic advisor. He will devise Metaverse strategies and ensure they are executed successfully. His expertise will be immensely useful for the growing portfolio of products and services, including its Metaverse Studio used for builds and deployments across Metaverse worlds.
Mr. Fravel has sold of a part of his personal collection of prime strategic virtual real estate, consisting of 185 parcels, in return for a combination of shares and cash from TerraZero. The estimated market value of the estate is around US$ 2,775,000. TerraZero is looking to build a huge cityscape across part of the 185-parcel expanse – it could turn out to be one of the biggest undertakings across the Metaverse. It is an exciting prospect indeed!
Traders Corner
BBKCF stock is trading below the 20-Day and 50-Day Moving averages of $0.66 and $0.75 respectively. The stock is trading in the neutral zone with RSI stands at 36.
