Metrospaces Inc (OTCMKTS:MSPC) Stock Continues to Trend Lower: Now What?
Property technology company Metrospaces Inc (OTCMKTS:MSPC) saw its stock make a sharp dive on Wednesday as it ended the day with losses of as much as 7%.
Market Action:
On Wednesday, MSPC stock slid 6.67% at $0.0007 with more than 469.73 million shares, compared to its average volume of 296.53 million shares. The stock has moved within a range of $0.0006 – 0.0008 after opening the trade at $0.0007.
Metrospaces Seeks Beta Testers for MetroHouse, MetroCrowd Platforms
While the decline was notable, it should be noted that such falls can also prove to be an opportunity for investors and hence, it is important to take a closer look at a fresh development. This morning the company announced that it was going to launch the beta version of the MetroHouse platform at some point in the middle of November this year. In addition to that, a beta version of the MetroCrowd platform is also expected to be launched by Metrospaces at some point in the middle of December 2021.
These are both significant developments and could have considerable long term impact on the company’s business. MetroHouse is meant for bringing about a new paradigm in the field of co-living and is specifically meant for people who are classified as digital nomads. Many people have decided to conduct their businesses from different parts of the world and MetroHouse is meant for facilitating such a lifestyle. On the other hand, MetroCrowd is a platform that helps in tokenising real estate and makes it easier for people to invest in real estate.