My Neighbour Alice is a blockchain game with its own native cryptocurrency ALICE. Metaverse crypto projects were very popular in 2021, but have corrected in 2022. After opening 2022 at over $10, ALICE token has retraced to around $2 levels, now consolidating at that level.
Due to recent updates on the My Neighbor Alice project roadmap, there may be a buying opportunity at the low ALICE price today. In this guide, we review the best places to buy ALICE, the concept behind the game, the development team and potential price movements for ALICE token.
How to Buy My Neighbor Alice Token – Quick Guide
Follow these steps to buy ALICE on your chosen broker:
- ✅ Step 1- Create an Account: Visit the official website for the platform you pick and open a free account using any device for free. Fill up the details needed for the KYC (Know Your Customer) requirements.
- Step 2- Deposit Funds: Many sites allow users to deposit funds in the form of fiat currency or crypto assets. For fiat, the platform allows several payment methods like credit cards, debit cards, Paypal, e-wallet, bank transfers etc.
- Step 3- Look for ALICE: Click on the search bar and enter the token name – My Neighbor Alice or the ticker symbol ALICE. Choose the token from the list that appears. Review the price chart and the latest updates about the project. When you’re ready to purchase, click on the “Trade” option.
- Step 4- Buy ALICE: A pop-up box will appear with sections to fill in – enter the USD amount you wish to buy ALICE tokens with, and click on the “Open Trade” button to confirm your order.
Where to Buy ALICE Token – Best Crypto Exchanges
My Neighbour Alice gained much popularity and brand recognition within metaverse gaming since its launch. Many of the best crypto exchanges have listed My Neighbor Alice token to buy and trade:
1. Coinbase – USA Exchange With 100 Cryptos
Coinbase can be described as an original cryptocurrency organization that has contributed heavily to the growth of the sector.
Founded in 2012 by Brian Armstrong following an investment from Y Combinator, the exchange went live the same year in November with an option to buy or sell Bitcoin through bank transfers. Since then, the exchange has grown tremendously and gained the trust of users all across the world.
The ALICE token was listed on Coinbase in February this year alongside 100+ top tradeable cryptocurrencies. Coinbase is a secure online platform for buying, selling, storing, and transferring digital assets. Investor funds are kept in cold storage.
The company states that its mission is to create an open financial system for the world while being the leading global brand in helping people convert digital currency into and out of their local currency with ease.
Coinbase operates as a remote-first company without a physical headquarters. This hasn’t hindered its growth, as its exchange wallet is currently used in over 190 countries. It is also the first major cryptocurrency firm to be listed on the NASDAQ. In its public filing, Coinbase reported having more than 43 million users, 115,000 ecosystem partners, and over 7,000 institutions across 100 countries.
The price of ALICE had seen tremendous growth during Coinbase listing, thanks to its massive userbase and active social media presence. Additionally, the exchange is considered to be extremely secure, with its funds stored in FDIC secured accounts. It carries a crime insurance policy that protects a portion of cryptocurrencies held across their storage systems against losses from theft, including cybersecurity breaches or other similar accidents.
Coinbase has advanced trading support for the ALICE token in its pro version. However, the developers have announced that these features will be moved back into the main Coinbase platform sometime this year.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
2. Binance – Highest Volume Crypto Exchange
Binance is one of the most popular cryptocurrency exchanges in the world. ALICE is available in six trading pairs within the exchange. They include ALICE/USDT, ALICE/BUSD,ALICE/BTC, ALICE/BNB, ALICE/TRY and ALICE/BIDR. Binance listed ALICE on its platform in March 2021 among 600+ tradeable cryptocurrencies.
The company was founded in 2017 by Changpeng Zhao, one of the most influential figureheads in the crypto industry currently. It is also the biggest exchange in the world in terms of daily volume exchange. The exchange features two major categories; Binance and Binance US.
The latter is available for U.S residents and has a comparatively smaller choice of cryptocurrency tokens. It is headquartered in the Cayman Islands. While the company was previously based in China, it had to relocate as the Chinese government banned cryptocurrencies followed by several other strict policies for exchange operations.
Day trading ALICE on Binance can also be a good idea since it provides a much more competitive fee structure than its counterparts. The commission fee can be further reduced by paying with BNB, the native token of the platform.
Binance has a Secured Asset Fund for Users (SAFU) as an emergency insurance fund to protect users’ assets in case of an accident or cyberattack. The team had previously committed a part of the transaction fee levied to create this fund way back in 2018.
Binance is one of the few platforms that, contrary to several other exchanges, hired a decent number of employees amidst the current bearish market. Currently, the exchange is used by 30 million active users and is spread over 180 countries.
It also provides several benefits and features like staking, dual investments, perpetual futures pairs (to margin trade), swap farming, futures, and many more. Big VC firms like Vertex Ventures China, Funcity Capital and Blackhole Capital have invested in the growth of the company.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
What is My Neighbour Alice (ALICE)?
Launched by Antler Interactive in 2021, My Neighbour Alice is a P2E builder game that is farm-themed. The game is built on Chromia and is a place where players can buy, own or rent virtual lands while collecting and building items. It is also a social gaming platform that enhances the quality of communication between players.
My Neighbour Alice claims that the game is an effort to bridge the gap between the blockchain industry and the traditional gaming industry. The team claims that while the game does have NFT and DeFi features as part of the experience, it is not needed for the players to be in the know about those concepts at all or be familiar with crypto games. In the game, Alice is a relatable character who can be considered a friend.
This character takes players along the journey, teaching them about the various concepts and functions of blockchain tech that have been pre-integrated into the game if the player is curious to explore that part of the ecosystem.
Land can be bought with NFT tokens, and players can decorate them with in-game items like houses, lakes, decorations, animals, plants, and more. Each player represents himself or herself through their avatar, which can be customized with items purchased in-game.
All of those can be traded through the marketplace or other blockchain marketplaces. Additionally, players can earn reputation by completing quests and activities. On the game’s decentralized forum, players can discuss community-created events and work together on shared quests.
Is ALICE a Good Investment?
ALICE is the native token of the game ecosystem. The growth of ALICE is more or less directly proportional to the growth of the game. This may, however, not be the case if there is some external catalyst for growth
The token is used to buy land or other assets on the platform, and to carry out decision-making within the ecosystem. Thus, as blockchain games grow in popularity, one of the major projects that will rise in demand can be My Neighbour Alice. This would mean a considerable price increase for ALICE. So, it can be a great token to have in your portfolio if you are looking to HODL for a longer period.
ALICE Token Price
The price of ALICE at the time of writing is in the $2.3 range. The market cap stands at around $73 million and has a circulating token supply of $30.6 million.
The My Neighbor Alice price has crash since November after it reached its all-time high at around $28.44. That was a couple of days after BTC had hit its all-time high at over $69,000.
ALICE Price Prediction
ALICE, though not completely following the pattern of Bitcoin, has still managed to make substantial moves whenever BTC rose in price. However, it also suffered during the 2022 crypto market conditions. Since the market trended down, the price of ALICE also lost more than 84% of its value.
Currently trading at around $2.20 – $2.40, the token is likely to consolidate for some more time before making any major moves.
But as the game becomes more popular and there is an inflow of players, the demand for these NFT tokens is likely to see a steady increase as players will wish to buy or sell land or in-game items more actively. This, however, may take a considerable amount of time. Thus, holding for a longer time could potentially see decent profits.
See our recent ALICE price forecast articles:
Best Ways to Buy ALICE
Three very common and easy ways to buy Alice are:-
Buy ALICE with a Debit/Credit Card
Debit cards or credit cards can be an easy, but costly way to buy ALICE. Some exchanges like Crypto.com and Coinbase charge high fees when purchased using cards.
Buy ALICE Without ID
Some exchanges like Bybit allow users to buy tokens without verifying. However, there is generally a limit for depositing or withdrawing assets. But these limits are usually as high as 2 BTC which is pretty high. So one can easily make use of such a service to buy ALICE.
Conclusion
Cryptocurrencies can be highly volatile and can move in unpredictable ways. It can be a smart idea to invest in the ALICE token by dollar cost averaging (DCA) to have a lower average buying price. But it might not be a good idea to invest all the sum at once when the market conditions are unpredictable.