Anyone who is interested in the mixed martial arts or MMA industry could do well to keep an eye on the B2Digital Incorporated (OTCMKTS:BTDG) stock, which clocked gains of as much as 20% on Tuesday.
Trading Data
On Tuesday, BTDG stock soared 20% to $0.0036 with more than 8.28 million shares, compared to its average volume of 10.72 million shares. The stock moved within a range of $0.0028 – 0.0036 after opening trading at $0.0030.
Latest News
The company is best known for running the best known development league for mixed martial arts at this point in time and remains one of the best known names. Yesterday, B2Digital came into focus after it announced that the event B2FS 153 that is going to be hosted at Dothan in Alabama is also going to be first MAA even of the company that is also going to be hosted live on the Metaverse.
The hosting of the event on the Metaverse marks a major new move from B2Digital and it is something that is expect to garner the interest of a number of investors. At the end of the day, the metaverse is expected to be the thing of the future that could be worth in hundreds of billions and it marks an early move into the space from B2Digital. It should be noted that the event is also going to be available live on Pay Per View.
Technical Data
BTDG stock is trading above the 20-Day and 50-Day Moving averages of $0.0031 and $0.0030 respectively. The stock is trading in the neutral zone with RSI stands at 58.