Metaverse and play-to-earn projects are now the hottest things in the cryptocurrency market and My Neighbor Alice is one such project that has been making a name for itself lately.
Whereas DeFi has dominated the crypto headlines since the launch of popular exchanges and liquidity protocols, it seems that these projects are now being sidelined by those promising to usher in the new era of Internet 3.0. And My Neighbor Alice is one such project.
The ideas of a metaverse and play-to-earn game are actually nothing new and certainly not exclusive to blockchain-based protocols. In fact, Facebook has recently rebranded to Meta and both it and Microsoft have been exploring ways to build their own metaverses.
But as with all cryptocurrency trends, as soon as interest in metaverses and P2E games started to grow, so too did the number of projects coming to the market. Whilst many of these projects place a heavy emphasis on interoperability, ultimately not all of them will be successful.
So how can investors tell if My Neighbor Alice will prove to be a hit? In the following ALICE price prediction for 2025 and 2030, we’ll be taking a closer look at the platform as well as some of its main competitors to find out how it stands as an investment prospect.
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So What Is My Neighbor Alice?
My Neighbor Alice is an immersive virtual-world game that was developed by Antler Interactive. The project was announced in 2020 and launched officially in 2021. The game is reminiscent of several other so-called builder games in that users must collect resources to build their properties–which in this case are farms. In terms of playability, it is similar to the popular social media game Farmville and in terms of style it resembles Nintendo’s smash hit series, Animal Crossing.
The founder of the project was Anna Norrevik and one of the key aims, aside from building an entertaining game, was to bring blockchain to the masses and demonstrate that no technical understanding is required to enjoy crypto-based games.
Okay, so on the surface, none of this is particularly groundbreaking. So what exactly makes My Neighbor Alice stand out? As we’ve noted, ALICE is based on several existing games and allows users to create and run their own virtual farms. Of course, we aren’t going to break down agrarian economics here, but basically players buy land within the My Neighbor Alice metaverse which they can then use to grow crops, fish and harvest. These harvests are basically NFT yields, so farmers can sell or exchange their goods with other players and use the proceeds to buy more goods or branch out into new areas of farming.
A key element of the game is the buying of land, which again is done via NFTs. The native cryptocurrency of the platform is ALICE, which we will discuss in greater depth later.
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Is There A Market For My Neighbor Alice?
Games like My Neighbor Alice allow users to step inside a virtual world where they can create, buy and trade with other players. As we’ve noted, this is not a new concept. So is the market for play-to-earn games really ready to support another entry?
Let’s look at some numbers. Outside of the cryptocurrency universe, there’s Animal Crossing, the latest iteration of which grossed an estimated $2 bn in its first year as of March 2021. Then of course there is Minecraft, which had over 130 million people playing on a monthly basis in 2020.
Then of course there are the big cryptocurrency-based metaverse games, the most notable of which is probably Decentraland. Users in Decentraland effectively buy land with which they can build houses, shops, or art galleries. One plot of land sold for a record $2.4 million back in 2021. Similarly, blockchain projects like Sandbox also offer a world in which users can create, exchange, and play.
This tells us that there is a very strong demand for virtual world games and cryptocurrency, particularly NFTs, is the perfect medium for exchange within these worlds. My Neighbor Alice is a polished game that will appeal to traditional gamers – i.e those without any knowledge of blockchain. Put simply, users don’t even need to know that the goods they buy and sell in the game are actually a kind of cryptocurrency.
Given that the gaming market is expected to be worth some $256.97 billion by 2025, we think there is still plenty of room for new entrants.
The My Neighbor Alice Token
The ALICE token is the native cryptocurrency of the My Neighbor Alice project. It can be used to purchase in-game items, such as farming land, tools and customisation for your digital avatar. It is also ALICE that players can earn simply by progressing through the game.
In addition to being the currency of the game, users can also earn rewards by staking their ALICE tokens to help support the system. This also serves to encourage users to hold their tokens, rather than constantly trade them, as is the case with most cryptos. ALICE is also the governance token on the platform, so holders get a vote on proposed changes to the infrastructure.
My Neighbor Alice NFTS
When it comes to buying and selling digital assets in blockchain-based games, what is actually exchanged is a non-fungible token–in other words, a one-of-a-kind cryptocurrency. What’s interesting about My Neighbor Alice is that it has a fairly unique collateral system, which means that every time a user buys NFT from the system, a percentage of that price is held in a collateral account pegged to that NFT. This gives the user the option to ‘return’ the NFT for the price equivalent to the collateral.
Another innovative approach My Neighbor Alice has adopted is the possibility of renting NFTs. In terms of the game, this means users can rent out their farmland or lend/borrow goods. A smart contract is attached to each NFT to ensure that no changes to the original digital asset can be made.
These innovations are evidence of the My Neighbor Alice’s commitment to providing an accessible blockchain-based game, that does not require its users to have an in-depth knowledge of how tokens work in order to enjoy playing.
Looking At My Neighbor Alice’s Price History
My Neighbor Alice was first widely listed in March 2021 and since then it has seen some pretty chaotic price movement–some in line with the wider crypto market and some not. What’s interesting about ALICE is that it actually commanded a fairly high price when it first hit the market, trading at around $40.93 in its first few days–a figure which remains the token’s all-time high.
Despite some initial interest, ALICE didn’t hold its high price for long and had dropped to $10.93 just a week later. It bounced back to $16.74 before the end of March before going into steep decline across the first few weeks of April 2021, dropping as low as $7.28 before a sudden price surge sent ALICE soaring back to $18.21 in a matter of days.
After May’s uptick, the token went on a downward trend over the next month or so. By mid-June it has sunk as low as $3.28. However, August saw yet another bull for Alice and the token surged to $21.13, marking significant growth month on month.
ALICE’s next major price surge came in November, with the token rising to $26.97. Since then, however, things have been largely downhill as the entire cryptocurrency market has slumped more or less continuously across 2022. ALICE hit a low of $6.53 during the first market downturn in January and had actually started to recover ahead of the wider market. However, since then things haven’t been great for the crypto market.
At the time of writing, ALICE was trading at $2.19.
My Neighbor Alice ALICE/USD price chart. Source: Coinmarketcap
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
My Neighbor Alice Price Predictions For 2025
Play-to-earn games are likely to be a major part of the blockchain world in the near future and several have already demonstrated their ability to command huge userbases, not to mention prices for their NFTs. That being said, the video gaming and crypto markets are two very different beasts, so how do we gauge ALICE’s potential as an investment?
The answer is by referring to some leading crypto market analysts. For example, DigitalCoinPrice is expecting ALICE to gradually recover lost ground and remain on an upward trend over the next few years. It has the token reaching just $2.86 by the end of the year, but by 2025 it is expected to have hit a potential high of $4.65–which would mean doubling today’s value.
Meanwhile, Coinskid sees a similar trajectory for ALICE’s future token value. It has the altcoin reaching $2.44 by the end of 2022 but continuing to gradually creep up over the coming years. By the time 2023 draws to a close, ALICE is expected to have reached $3.94 and by the time 2025 rolls around, the token could be worth as much as $7.99–which would represent growth of over 260% its current trading price.
We also looked at the My Neighbor Alice price prediction from TradingBeasts. According to its technical analysis, the token will gain little by the end of 2022 but may have all but doubled in value by the end of the following year. TradingBeasts then believes ALICE will be worth up to $6.65 at the start of 2025.
Looking Further Ahead: My Neighbor Alice Price Predictions For 2030
The My Neighbor Alice price predictions for 2025 look positive – especially given the state of the cryptocurrency market at the time of writing. However, investors may be looking at long-term investment strategies. So what can we expect of ALICE in the run-up to 2030?
If we go back to DigitalCoinPrice, we see that the analyst expects ALICE to continue rising well beyond 2025. By 2028, it suggests that My Neighbor Alice will be trading at a potential high of $7.49 and by the time the decade draws to a close, the token could reach upwards of $10.33, which would equate to growth of over 370%.
The final My Neighbor Alice price prediction we looked at was from Priceprediction.net. Its analysis diverges from many others we have seen in that it believes ALICE will be trading above $10 before the end of 2025. The token is then predicted to grow exponentially over the following years, reaching a potential high of $63.98 by 2030.
We should point out here that both the cryptocurrency and gaming markets change extremely quickly, making long-term price predictions extremely difficult. There is no way of knowing which projects will rival My Neighbor Alice in the coming years, or even whether the game will become particularly popular. As such, we recommend you remain circumspect when it comes to ALICE price predictions for 2030.
Don't Miss: My Neighbor Alice Price Predictions
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Conclusion: Should You Invest In My Neighbor Alice?
My Neighbor Alice has all the hallmarks of a great video game – it’s got unique, eye-catching graphics, a virtual world for users to explore, and also offers massively multiplayer capabilities. Whilst there are similar games on the market, My Neighbor Alice has effectively taken elements of some of the most popular traditional video games and brought them into the blockchain world.
Despite having several competitors, it's worth looking at the video game market to remind ourselves that there have never been any limits on how many good games can become popular. For a recent example, look at Fortnite and PUBG – both of which offer similar gameplay and both of which have millions of people playing them.
The price predictions for ALICE that we referenced all point to growth–which is particularly encouraging considering the cryptocurrency market is currently in one of its biggest slumps ever. Whilst these are by no means guaranteed, they do tell us that market analysts view the ALICE project favorably.
In any case, play-to-earn games are already catching on in a big way and the gaming industry, in general, is only getting bigger and bigger. The fact that blockchain is the perfect medium for the exchange of digital assets means we are likely to see more and more projects like My Neighbor Alice in the coming years.
Where To Invest In Cryptocurrency
If you want to invest in My Neighbor Alice – or any other gaming token for that matter – then the first thing you’ll need to do is find a broker or exchange that lists the token. The good news is that one of the world’s leading retail trading platforms, eToro, lists ALICE. This means you can buy and sell the token with confidence knowing that you’re using a trusted provider.
eToro also has an award-winning trading platform that’s suited to both novice and more experienced investors. There’s also a wealth of learning materials available on the site so eToro can actually help you with planning your investment portfolio.
Opening an account takes just a few minutes. You’ll need to verify a few details to comply with KYC requirements, but once this is done you’ll be able to buy and sell ALICE right away.
eToro – The Best Platform To Buy My Neighbor Alice
Open an account with eToro, deposit some funds with USD, and finally – buy ALICE from just $10.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
My Neighbor Alice Price Predictions 2025, 2030 - FAQ
What is My Neighbor Alice?
My Neighbor Alice is a blockchain-based game where users buy farmland to grow crops. It is styled after popular titles like Animal Crossing and Farmville and allows users to buy, sell and exchange resources via NFTs. One major goal of the project is to allow gamers who know nothing about cryptocurrency to play.
Is My Neighbor Alice an NFT marketplace?
My Neighbor Alice is a virtual world video game based on farming, similar to the SIms and suchlike. However, under the surface, it’s effectively an NFT marketplace, as all the digital assets bought and sold in the game are non-fungible tokens.
How much will My Neighbor Alice be worth in 2025?
No one knows what will happen with the cryptocurrency market in the next few years or whether newer projects like My Neighbor Alice will become popular. However, the ALICE price predictions we looked at all pointed to growth, with some suggesting the token could be worth $7.99 by 2025.
Where can I buy My Neighbor Alice?
If you want to buy ALICE tokens then we’d recommend checking out eToro. Not only is it one of the most trusted names in retail trading but it also has an easy-to-use trading platform as well as a very competitive fee structure.
Are crypto games going to catch on?
Internet-based games have become big business in recent years, with titles like Fortnite and Minecraft becoming multi-million industries in their own right. When it comes to buying and selling items in-game, NFTs and cryptocurrency offer the perfect medium to ensure secure transactions, with no need for any banking infrastructure attached to the game. As such, we think crypto-based games could become the norm in the near future.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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