Link investor

The Net Saving Link (OTCMKTS:NSAV) stock sees buying interest at a lower level: but why?

Net Saving Link (OTCMKTS:NSAV) stock jumped on January 13, 2022, after the company announced a new deal with Meta stock is up on Friday after the company announced a new deal with Metaverse Network. The company has confirmed the acquisition of a 10% stake in Metaverse Network and both companies are in the crypto industry with a focus on blockchain.

Commercial data

On Friday, NSAV stock rose 4.78% to $0.0219 with more than 19.80 million shares traded, compared to its average volume of 36.47 million shares. The stock moved in a range from $0.0205 to $0.0230 after opening trading at $0.0210.

Latest development

Metaverse Network operates the BQEX exchange and currently has approximately 4 million registered users. Net Saving Link has confirmed that this investment will boost its presence in the Metaverse market by $500 million. Furthermore, he also stated that Metaverse Network may soon go public by listing on the New York Stock Exchange by the first quarter of 2022.

It is also possible that NSAV will see an increase in the value of investments in Metaverse stocks. The collaboration between the two companies will allow them to launch a pioneering NFT with NSAV obtaining between 5% and 7.5% of the tokens.

WY Cheung, CEO of Metaverse Network, said the company is excited to work with NSAV management because they are masters of blockchain and have an impressive vision. The company’s stock was 7.7% on January 14, 2022. The collaboration between the companies will help launch an NFT with NSAV receiving 5-7.5% of the tokens.

technical data

NSAV stock is below the 20-day and 50-day moving averages of $0.0247 and $0.0304 respectively. Additionally, the stock is trading below the 200-day moving average of $0.0290.