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Highlights
- As a free-to-play blockchain-based game, the League of Kingdoms is quite like any other traditional strategy game.
- Things aren’t much different as we stand on the penultimate day of March month. It was gaining over 50% and a volume gain of over 1700%.
- The 406th ranked token on 30 March was trading at US3.99 USD with a volume of US$775,137,900 over a day as per CoinMarketCap.
Over the past 30 days, the League of Kingdoms (LOKA) crypto has been on fire. Not only it has raked up good gains of over 126%, but it has also been gaining a good support base by becoming one of the top 10 NFTs by owner growth. It achieved the feat on 21 March when its owner growth grew by 214%, according to NFT analytics firm Mintalytics.
Things aren’t much different as we stand on the penultimate day of March month. It was gaining over 50% and a volume gain of over 1700%. As a free-to-play blockchain-based game, the League of Kingdoms is quite like any other traditional strategy game.
The gamers can not only enjoy the game but can also build kingdoms, raise armies. Most importantly, all the land in the game is NFTs that the users own.
Also read: Which are the countries curious to know about Ethereum Merge?
Why is LOKA crypto rallying?
LOKA seems to be rallying on the back of its KuCoin listing, which happened on 28 March. The exchange, however, had opened the LOKA token for trading only on 29 March, which saw many visitors hogging its platform. The supported trading pairs of the Loka token on KuCoin is LOKA/USDT.
Operating on top of the Ethereum blockchain, the LOKA token will be the governing token utilized during the game. It will also be used as an NFT booster to upgrade or acquire certain assets. According to its whitepaper, LOKA boasted growth of 120,000 daily active users as of January 2022. This is a significant increase considering last year’s data at 4000 as of July 2021.
Also read: What makes Decentralized Social (DESO) unique crypto?
As it is based on a trustless system, it is devoid of mediators and offers multiple gaming modes such as player vs Computer and one-on-one, among others. As per the project’s roadmap, the League of Kingdoms arena aims to build its own NFT marketplace and a staking dashboard in the coming months. The developers are also working on The Colosseum launch, which happens to be a player-vs-player fighting arena.
How is LOKA token faring?
The 406th ranked token on 30 March was trading at US3.99 USD with a volume of US$775,137,900 over a day as CoinMarketCap. The Kucoin listing, coupled with the Huobi listing, has helped the token generate significant interest in the project. At the time of writing, the LOKA token was up by 56.89% in the past 24 hours. LOKA boasts a live market cap of US $100,819,812 with 25,100,000 LOKA coins in circulation.
Conclusion
The LOKA token is also exploring the metaverse market, and its team is working hard to explore the domain. Though still some miles to go before it achieves the League of Kingdoms metaverse. The project, in its whitepaper, has set a target of 2024 for the metaverse project and aims to become a one-stop hub for all gamers around the world.
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