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Highlights
- Atari Token is based on the Ethereum blockchain.
- Atari Token was developed and created by Atari Chain Ltd., a subsidiary of the video game firm Atari Interactive.
- In October 2020, the ATRI token became available to the public and before that, it had undergone three private pre-sale rounds.
Atari Token (ATRI) is gaining investors' attention as its price soared 60.5 per cent in the last 24 hours and reached US$ 0.1117 per token, at the time of writing. In addition, the one-day volume surged 309 per cent to $ 18.2 million.
Atari Token is based on the Ethereum Blockchain, and it was designed to act as a means of payment within the interactive entertainment industry.
The cryptocurrency has other use cases like facilitating smart contracts to protect in-game monetization and virtual assets.
What is Atari Token?
This digital asset was developed and created by Atari Chain Ltd., a subsidiary of Atari Interactive, known for making video games.
The Atari Token was launched so that players can play casino games using cryptocurrency. However, it is now expanding and working on innovative games in which players can stake tokens among themselves and the best players wins the prize.
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The interactive gaming industry is becoming increasingly popular, and the use of cryptocurrencies could become mainstream in the industry.
Also Read: EverGrow crypto set to explode in 2022? Know price prediction
In October 2020, the ATRI token became available to the public and before that, it had undergone three private pre-sale rounds.
Meanwhile, in September this year, the Atari Token project announced that the ATRI token would operate on the Fantom blockchain as well.
Atari Token is set to embrace the blockchain's layer-1 solution, known for faster and cheap transactions.
Fantom's blockchain is more scalable as it adopts the Proof of Stake method instead of Proof of Work, and this makes the transactions more efficient in comparison to Ethereum's blockchain.
As the transactions are faster, users don't even require a second and trade ATRI tokens within a second.
Bottom line
If you are interested in buying the Atari Token, then you may visit top exchanges like PancakeSwap (V2), FMFW.io, Hotbit, QuickSwap and ProBit Global.
Atari Token has a total supply of approximately 7.8 billion tokens and its current circulating supply is around 1.1 billion ATRI tokens.
In the last 12 months, the cryptocurrency declined by 48 per cent, however, it is now picking up and surged 103.6 per cent in the last 30 days.
Also Read: BitUp soars over 800 million per cent in 7 days. Too good to be true?
