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What Is HV-MTL? All About Yuga Lab’s Latest NFT Collection

by William R Simmons
16 March 2023
HV-MTL All About Yuga Lab's Latest NFT Collection

Are you a fan of the Dookey Dash racing game? If so, we have good news for you.

The long-awaited next phase of the Dookey Dash Racing game is here! Wednesday marked the beginning of the minting of Bored Ape Yacht Creator Yuga Labs’ newest NFT Collection, the HV-MTL. 

Are you interested in learning more about the newly launched HV-MTL, the next stage in Dookey Dash? Well, you are in the right place. This article deals with everything that you need to know about the Yuga Lab’s Newest NFT collection, the HV-MTL. 

Keeping the topic in mind let’s take a brief look into the Yuga Lab and its Dookey Dash game. 

Contents

Yuga Labs’ Dookey Dash: An Overview

Yuga Lab is a company that develops and markets NFT and cryptocurrencies. The company began selling Bored Ape NFTs in April 2021 with the Bored Apre Yacht Club (BAYC), and since then it has created other NFTs and Metaverse-based solutions.

Yuga Labs launched its racing game Dookey Dash in January 2023. The creator has promised a revolution in the play-earn market with the introduction of Dookey Dash. 

Dookey Dash is a skill-based NFT game launched by Yuga Labs. gamers can take part in an infinite racing challenge, and the winners will get a reward of about 700 ETH (more than $1M).

The online game Dookey Dash is accessible through any web browser. It’s an endless runner game in the style of Temple Run and other venerable games of that genre.

The fact that this game involves more than just waiting and hitting buttons sets it apart from several other play-to-earn games. Rather, it’s a skill-based game where the prizes you can access depend on the choices you make. 

Dookey dash will function as a game and a free NFT mint. You don’t need to pay anything to join Dookey Dash since it’s a free mint. However, you must have a specific kind of NFT called a Sewer Pass. It is a limited edition of NFT which can be brought from the Dookey Dash website showing your credentials. 

The racing game’s claim to be fully skill-based is one of the main reasons why people are so thrilled. On the other hand, a lot of other play-to-earn games and NFT mints rely on chance. Even though this may be a democratic method of operating NFT mints, success can ultimately seem to depend just on luck. 

So, I hope you got an idea about the game and its features. Now, let’s move on to the key part of this article. Here we’ll give answers to all the queries you have about Yuga Labs’ new NFT collection HV-MTL. 

What Is HV-MTL? When Was It Launched?

A space-time gap that has appeared outside the Bored Ape Yacht Club has allowed mechs to be called forth to form the dynamic NFT collection known as HV-MTL. Every HV begins as a Core. Each Core becomes a unique mech meant to evolve in the correct setting after it has been unlocked. 

The 30,000 mechs that make the HV-MTL (Heavy Metal) collection were created using eight distinct types of power sources.

Eligible Sewer Passes can be burned to call a Power Source that will thereafter expose an Evo 1 Mech from March 15, 2023. Owners of Evo 1s can play future minigame sets with their Evo 1s to unlock new HV-MTL evolution levels. 

The HV-MTL, the next phase to Yuga Lab’s Dookey Dash, was first minted on March 16, 2023. 

What Is The Price Of HV-MTL? 

According to reports, there are 12,872 HV-MTL tokens presently tracked. These tokens are in use and have not yet been burned or staked. The next stage of the Dookey Dash racing game, HV-MLT, has nine distinct trait pairs so far.

Looking into the price range of this recent NFT collection, it is varying in minutes since it was introduced today. As per the current sales reports, the present floor price is approximately $2.45.

The floor price is calculated based on the majority of recent sales after removing outliers. In the previous 24 hours, HV-MTL has seen trading at an average price of 4.62. 

Also Read:- Dookie Dash: A Skill-Based Web Game That Requires NFTs To Play

Where Can You Buy HV-MTL? How Many Sales Does It Have So Far?

If you are looking for places to buy HV-MTL, we can recommend some to you. Marketplaces like OpenSea, and LooksRare are the popular websites where you can buy the new NFT collection, HV-MTL. You can also find it in aggregators like Gem.xyz & Uniswap NFT if you wish to buy HV-MTL.

The HV-MTL has indexed 839 sales since its launch a few hours back. These sales were conducted through OpenSea, Gem. xyz, and Genie. Over the course, the volume of HV-MTL has indexed 3,823 volumes on OpenSea, LooksRare, and Gem. xyz, and Genie. 

What Is The Market Cap Of HV-MTL?

As per the reports, the newly launched NFT collection, HV-MTL, has an estimated market cap of $49,999,093 at an ETH price of $1,660. It is calculated based on its floor price of $2.45 and a supply in a circulation of 12,872 tokens. 

Read More:- Yuga Labs Reveals First Bitcoin NFT Project As Dookey Dash Key Sells For 1,000 ETH

William R Simmons

William R Simmons

William R Simmons is a staff writer at LifeStyle UG specializing in topics related to finance and the business field. He has been a part of vibrant newsrooms and has also worked as a reporter for various reputed news channels. Simmons’ expertise cuts across topics like finance, management, and strategy.

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