Gamium (GMM) “upstream” just after announcing the collaboration with Meta and Telefonica

The rate of Gamium’s GMM token has multiplied quite a few occasions in excess of the previous 48 hrs because the announcement of the handshake with Meta and Telefornica.

Gamium (GMM) “upstream” just after announcing the collaboration with Meta and Telefonica

On the evening of February 27, Metaverse Gamium undertaking announced Agree in partnership with social networking giant Meta and digital telecommunications organization Telefonica.

Under the signing, Gamium will coordinate with Meta and Telefonica to employ the “Metaverse Activation Program” to market the application of the metaverse, help and increase Web3 launch. As a outcome, fledgling tasks have entry to proprietary engineering presented by Meta AI, with help from the two Meta and Telefonica.

Following the announcement, Gamium’s GMM token was like a “kite in the wind”, bouncing in excess of 700% in excess of the previous two days, from a rate level of $.00055 to $.005. Currently, GMM is trading close to the $.0025 mark, with a marketplace cap of $29 million. Users can uncover this token on KuCoin, Gate and Uniswap exchanges.

Gate.io one-hour chart of GMM/USDT pair, screenshot by TradingView on the morning of January three, 2023

It is not the 1st time that Meta and Telefonica enter Web3. In the previous, Meta had wished to build the Diem stablecoin as a international payment technique, but failed. Meanwhile, Telefonica has invested in Spanish exchange Bit2Me and started off integrating crypto payments final yr.

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