A cryptocurrency referred to as ALICE surged 60,000% from $0.1 to $60 inside a minute of being listed on crypto alternate Binance.
What Occurred: ALICE is the native cryptocurrency token of the multiplayer blockchain sport My Neighbour Alice, the place gamers should buy and personal digital islands whereas being rewarded for contributing to the “Alice world.”
The social simulation blockchain sport is the 18th mission to be included within the Binance Launchpool, the place customers can stake their BNB, BUSD, and CHR tokens into separate swimming pools to farm ALICE tokens.
Why It Issues: Binance is the world’s largest cryptocurrency alternate by quantity, and listings on Binance are inclined to have a considerable impression on the token’s value.
On the time of writing, ALICE was buying and selling at $25.61 with a market cap of over $443 million, already rating one hundred and tenth within the listing of over 4300 cryptocurrencies.
The ALICE itemizing additionally comes at a time the place NFT belongings are taking off within the crypto area. The creators of the My Neighbour Alice sport have stated that the sport intends to mix the very best of the 2 worlds – a enjoyable narrative for normal gamers who wish to benefit from the gameplay expertise in addition to an ecosystem for gamers who wish to accumulate and commerce Non-Fungible Tokens (NFTs).
On Feb. 25, the sport held their first NFT auction, the place 255 sport animal NFTs have been auctioned for a bid quantity of $700,000.
The sport’s native utility token ALICE can also be used for a number of features like in-game purchases, in addition to participation within the sport’s governance operations by means of votes. Sport gamers also can earn ALICE tokens by finishing sure quests within the sport.
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