One World Universe Inc (OTCMKTS:OWUV) Stock Pulls Back a Bit After The Monster Rally

One World Universe Inc (OTCMKTS:OWUV), a California company that focuses on humanitarian activities, has announced plans to hire a Social Media Director. Because of its successful new business ventures and intellectual properties, the company will appoint someone to run its social media pages. The company uses Twitter, Instagram, and Discord for its subsidiaries and NFT projects.

Trading Data

On Friday, OWUV stock fell 16.54% to $0.4390 with more than 4.19 million shares traded, compared to its average volume of 4.73 million shares. The stock has moved within a range of $0.4200 – 0.5437 after opening trading at $0.5230.

One World Universe, Inc. in Negotiations with Social Media Director

According to Jerry C. Craig, OWUV’s CEO, its presence on social media is important as they help it update shareholders on the latest events and news. The company will hire someone to fill the role this week.

The company recently purchased ten Apocalyptic Apes non-fungible tokens after it deduced that little tiered tokens from the Mutant Apes and the Bored Ape Yacht Club, which is expensive in the OpenSea.io market, could be of higher value if they were more affordable.

The floor price has since doubled, making the company’s move excellent. One World Universe has stated that it will use the profits to buy LAND in the Sandbox Metaverse game. It will also use them to buy new NFTs. 

One World is a company that invests in humanitarian efforts, sports, and upcoming industries such as the Metaverse.

Key Quote

“As we grow, so will our team of savvy individuals who are amazing at what they do, knowing their role and sharing the same vision and drive to be successful. Our social media presence is a critical puzzle piece in running as a business, as they are the voice of the company to keep shareholders and the investment community updated with the latest news, events, and happenings. We look forward to officially welcoming our new Director later this week,” stated Jerry C. Craig, CEO of OWUV.

Technical Data

OWUV stock is trading above the 20-Day and 50-Day Moving averages of $0.33 and $0.14 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.06.