AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Luffy was launched in 2021 with a mission to revolutionize the crypto-verse and create an ecosystem combined with its own blockchain.
- In April 2022, it successfully completed a multi-token merger. The four tokens Luffy (V1), Chopper, Goku, and Deku, have become Luffy (V2).
- There are more than 5,400 LUFFY token holders currently.
Luffy (LUFFY) gathered traction and rose 3.45% to US$0.0000000006539 at 8:08 am ET on Wednesday. The uptick in volume by around 27% in 24 hours is because of partnerships, listings, and other promotional activities lately.
What is Luffy?
Luffy was launched in 2021 with a mission to revolutionize the crypto-verse and create an ecosystem combined with its own blockchain. Luffy, as an ecosystem, wants to create a safe and exciting space for investors and fans by offering modernized tooling, advanced DeFi platforms, P2E gaming, metaverse, education and world-class artwork and a marketplace to support underpaid artists.
Also Read: Pi Network (PI) crypto: What do we know about its price?
In April 2022, it successfully completed a multi-token merger. The four tokens, Luffy (V1), Chopper, Goku, and Deku, have become Luffy (V2) with a mission to become the meme and anime tokens leader.
Luffy is a registered company founded by Terry Bauer. As per its roadmap, the project is currently under phase 2.
Its ecosystem has eight utilities: NFT Marketplace, Land of Kai, Crypto Academy, Anime Mask, Anime Swap, Anime Dext, Multiverse Studio, and Luffy Blockchain.
Also Read: Will Quant (QNT) crypto see a price boost after website launch?
Data Source: coinmarketcap.com
Also Read: Why is L-1 blockchain Fantom (FTM) crypto rising?
LUFFY token:
LUFFY token was first built on the Ethereum Network to stay decentralized, but with the growth of the BNB Chain, it decided to build ETH/BNB bridge which may be launched this month.
Its total supply is 100,000 trillion LUFFYs. It is a deflationary token with a burning mechanism.
Also Read: Is Petoverse (PETO) crypto the new big name in the metaverse industry?
As per its whitepaper, more than 31% of its total supply has been burnt. The burning rate is expected to reach 70% by the end of 2025.
There are 5,404 holders of the token. LUFFY is available on CoinTiger, Gate.io, XT.COM, and MEXC, among other crypto exchanges.
Also Read: Bitgert (BRISE) crypto rally continues, returns 290% gains YTD
Bottom line:
The anime industry may be worth millions, but the artists are either underpaid or overworked with many years of experience. Luffy intends to support the artists to generate revenue for themselves through its platform.
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.
