Why is Gold Fever (NGL) surging today?

November 26, 2021 02:06 PM GMT | By Manu Shankar
 Why is Gold Fever (NGL) surging today?
Image source: Marc Bruxelle, Shutterstock

Highlights

  • Gold Fever (NGL) crypto is a play-to-earn game that combines intriguing gameplay and immersive storytelling to build the first AAA-grade blockchain games. 
  • The NGL token has been gaining a lot of attention after announcing that it would be diving into the metaverse game with the Promise Land. 
  • With a trading price of US $7, the token can expect further gains based on the rally, according to CoinMarketCap. 

With the emergence of various blockchain-based games, the market for the games has seen a significant rise. Today, the global gaming market is worth US$180 billion. Experts predict that the number of online games could rise to one billion by 2025. 

One such game is Gold Fever crypto (NGL). Irrespective of its commodity-based name, it’s a play-to-earn game, which combines intriguing gameplay along with immersive storytelling to build the first AAA-grade blockchain games.

Backed by a community, NGL requires the players to engage in complex strategies and allows the gamers to own unique items leveraging the unique properties of non-fungible tokens (NFTs)

The NGL token has been gaining a lot of attention after announcing that it would be diving into the metaverse game with the Promise Land. The announcement saw the NGL rally by around 50%. 

Also read: Will the 200% surge attract investors to Request Crypto?

Why NGL?

Founded by Emilian Ciocanea, it allows the users to take ownership of scarce in-game items and characters such as Sorcerer, Warrior, Medic etc. The users can earn a profit and get voting rights for the in-game development, infrastructure, and ecosystem. 

Besides, that users also stand a chance to stake the tokens and earn rewards. Besides, users can acquire rare NFTs as mining rewards. For claiming mining rewards, the users need fellow adventurers to extract their gold and get the right balance to maximize their yields. Besides that, one can also earn income by renting out items to fellow gamers like planes, daggers, boats etc. 

With its availability on leading exchange platforms such as Huobi, Gate.io, ZT, Uniswap (V2), and Hoo, it allows the users to trade the token on an aggressive level. 

Also read: AION makes noise with volume gains over 5900%

Is the NGL token worth it?

NGL token is ranked 2817 on CoinMarketCap. According to CoinMarketCap details, NGL was doing well and was up by 49%. With a trading price of US $7, the token can expect further gains based on the demand. The 24-hour volume, too, has seen a good spike and was up by 363% at US $19,131,013. 

Gold Fever has shown robust growth ever since it was introduced in October 2021. Experts predict that the NGL token could further expand in the market, and the growth of blockchain-based games could provide it with the right impetus to grow.


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