Illuvium (ILV) crypto: How high can this metaverse game go?

3 min read | November 26, 2021 03:13 AM AEDT | By Manu Shankar

HIGHLIGHTS

  • Being an open-world fantasy game, Illuvium crypto has been gaining momentum following the announcement of raising over US$2 million in funding from Polemos.
  • At the time of writing, it was trading at US$1,690.97 with a 24-hour trading volume of US$378,447,901.

Illuvium (ILV) is a fantasy game, which is often considered to be one of the top-5 metaverse games that are going round at present. Operating on an Ethereum platform, the Illuvium Metaverse world contains creatures that are known as Illuvials. The users can use Illuvials for battle and collect during the games. With about 100 Illuvials, the ILV token is often considered as a fusion between the open-world exploration and PVP (player versus player) games.  

The ILV crypto has been gaining momentum following the announcement of raising over US$2 million in funding from Polemos. The funding is expected to accelerate user adoption on the platform.

Illuvium (ILV) crypto: How high can this metaverse game go?

Earlier, Illuvium has also teamed up with Warena, the first personalised NFT metaverse game, towards a mission on building a cross-metaverse compatibility. In a tweet, Warena announced that 5 lucky winners would be get a chance to win exclusive Hell boy Pangolin NFT.

Also read: BRD token surges over 700%: Should it be on your watchlist?

This seems to have ignited massive interest among the metaverse gaming enthusiasts to look at ILV token. With the recent rally that the play-to-earn game projects have witnessed, it won’t be a surprise that ILV token continues with its rising trend in the metaverse world.

What makes ILV unique? 

Unlike other blockchain-powered games, ILV functions in a fully 3D environment. ILV has a built-in decentralised exchange, which can used to seamlessly exchange ILV assets. The ILV users are rewarded for staking, which help them earn passive income. Besides, a 30% of maximum supply is allocated to the Illuvium farm yield program.

The yield farming sees them get distributed to the users who contribute to the liquidity. Besides, the ILV users can mint and trade NFTs at 0% gas fees which makes the transaction final.

Also read: Why is VVS Finance surging today?

Is it worth investing in Illuvium? 

Illuvium has been rallying strongly on Thursday, 25 November, registering gains by 16.46%. At the time of writing, it was trading at US$1,690.97 with a 24-hour trading volume of US$378,447,901. Its availability on leading exchanges such as Binance, Sushiswap, Gate.io has helped the crypto reach its a live market cap of US$1,086,954,898 with a circulating supply of 642,799 ILV coins..

With the investors showing massive interest in the metaverse games, experts feel ILV token will touch new highs in coming months. Market experts believe that ILV has the potential to grow and consider it as an ideal investment for those who are looking for a profitable investment option. In the next five years, experts believe that ILV crypto could touch US$10,000 if the rally continues. Whether it reaches new highs or not, only time will tell, but investors are upbeat about its potential


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