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Highlights
- Adventure Gold crypto is the latest NFT project to soar in value.
- The users can now not only enjoy playing the game but also trade “in-game” tokens from users.
- AGLD was trading at US$3.22 with a 24-hour trading volume of US $16,75,70,530.
Adventure Gold (AGLD) is the latest cryptocurrency token to create a buzz in the market. AGLD is the native token of the Loot non-fungible token (NFT) project. Launched on 2 September, the token has been a hit amongst gamers who use NFT games and allows players to gather in-game loot. The ERC-20 token has items listed on the NFTs, which follows a fantasy theme and is similar to the popular games such as World of Warcraft or Dungeons and Dragons.
Also Read: NFTs Explained: What is a non-fungible token and how does it work?
Adventure Gold crypto registered a massive rally post its launch as well earlier this month, when it generated gains by 1,400% and was one of the most trending coins of the day. Each holder of the Loot NFT, is allowed to claim 10,000 tokens for free.
As the price zoomed past in the initial days of trading, the airdrop of the token was worth as much as US $70,000 per NFT. Founded by Will Papper, the project aims to set standards by providing a currency for the claimed he wanted to set a standard for projects building on Loot by providing a currency for the decentralised gaming universe.
Why is Adventure Gold Crypto creating a buzz?
With the NFT craze dropping onto the gaming platform as well, the users can now not only enjoy playing the game but also trade “in-game” tokens from others, thereby giving them the opportunity to earn profitable income.
Also Read: What makes Braintrust Token unique in its league
What Makes Adventure Gold Unique
Adventure Gold adopts the same principle that the Loot NFT follows. With its large community base, Adventure Gold depends on the referral form of endorsement. Due to its seamless and unique protocol, it has already attracted many gamers on to the platform and inspired the Web3 community to develop derivatives projects based on its code.
The users get the opportunity to vote on future in-game credits and are able to future mints building while adopting the token. After being listed on the exchanges like FTX, UNISWAP, OKEx, Gate.io AGLD has been pretty busy in the NFT gaming business.
Also Read: Why CRV token is in high demand
How has AGLD faring in the market?
According to CoinMarketCap, AGLD was trading at US $3.22 with a 24-hour trading volume of US $16,75,70,530. At the time of writing (BST 11:30 am), AGLD was up by 39.61% in the last 24 hours. AGLD currently has a live market cap of US $23,27,53,695 and has a circulating supply of 7,01,70,001 AGLD coins.
Conclusion
Adventure Gold has been on a bullish trend ever since it launched. It’s ideal for investors who are looking to invest in a new cryptocurrency with good returns then Adventure Gold could be a great choice. Especially during the bullish wave, the investors can take advantage of some of profitable returns. AGLD’s pace doesn’t look like slowing down at the moment and if it can hold on its own, it could well bounce to US $5 mark in this year itself.
