Net Savings Link (OTCMKTS:NSAV) Stock Bounces Back After The Recent Fall

The cryptocurrency sector has attracted significant interest from investors this year and one of the companies to have come into significant focus is Net Savings Link (OTCMKTS:NSAV).

Trading Data

On Monday, NSAV stock went up 6.32% at $0.0303 with more than 22.58 million shares, compared to its average volume of 50.18 million shares. The stock has moved within a range of $0.0265 – 0.0320 after opening trade at $0.0290.

Net Savings Link partners with Metaverse Network to launch DeFi-GameFi platform

The company, which is involved in digital assets, cryptocurrency and blockchain, saw its stock get significant attention from investors yesterday as it ended the day with gains of as much as 6%. On Monday, the rally in the stock was brought about by the news that the company had gone into a collaboration with Metaverse Network for the purpose of launching a new app named MetaFi.

The app in question combines both DeFi and GameFi and more importantly, offers a play and earn feature which is powered by algorithm solutions. In addition to that, the company also pointed out that this particular venture with Metaverse Network is going to go public at some point in the first quarter of next year.

It goes without saying that it was a significant new move from Net Savings Link and the excitement among investors is understandable. At this point in time, it may be a good move for investors to keep the stock in their watch lists and keep an eye on the developments.

Technical Data

NSAV stock is below the 20-Day and 50-Day Moving averages of $0.0344 and $0.0382 respectively. However, the stock is above the 200-Day moving average of $0.0296. The stock is down 37% in the past 3-month.