Why MonkeyBall (MBS) Token is trending today?

3 min read | December 22, 2021 11:27 AM GMT | By Manu Shankar
Highlights
  • MonkeyBall allows the users to create, play, compete and earn.
  • The StarLaunch product, the MonkeyBall project, officially launched its much-anticipated IDO token MonkeyBucks (MBS) on Tuesday.
  • MBS token is ranked is ranked 2816 on CoinMarketCap.

Ever since MonkeyBall managed to raise US$3 million in the seed funding round, it has been generating massive interest within the market participants. The StarLaunch product, the MonkeyBall project, officially launched its much-anticipated IDO token MonkeyBucks (MBS) on Tuesday.

The official launched on the FTX exchange, and it immediately saw massive interest peaking to US$1.3732 from price point of view and volume gains by US$22.49 million in the 24-hour period. The interest carried forward on Wednesday as well before retracting.

Also read: What does Binance’s MoU with Dubai World Trade Centre Authority point at?

The FTX launch would help MonkeyBall to relieve overcrowding on Solana protocol. This will ensure that MonkeyBucks IDO participants will have access to the tokens before any other private backer. The projects next aim would be soon to come up with the NFT airdrop (Monkeys) and that could perhaps propel the project to the next level.

What is MonkeyBall (MBS)?

The next-gen Metaverse game, MonkeyBall, allows the users to create, play, compete and earn. The multiplayer gaming allows the gamers worldwide to experience an exciting, turn-based, play-to-earn fantasy football game, which is a cross between the popular FIFA game and Final Fantasy.

Both casual gamers as well as hardcore gamers can enjoy the MBS NFT game experience as well as passive payers can participate and earn in the process. Holders of the MBS token gets the benefit from Airdrops, participating in advance your player in a pre-game training camp, early breeding season and an early access to Stadium (land) sale.

Also read: Will SuperFarm (SUPER) token go beyond $10 by 2022?

The MBS token is backed by a strong investment from the likes of eToro and DraftKings and billionaire Shalom Meckenzie.

How is MBS faring?

MBS token is ranked is ranked 2816 on CoinMarketCap. According to CoinMarketCap, the MBS is trading at US $1.32 with a 24-hour trading volume of US $23,558,840. Having retraced back, the MBS token was down by 3.35% in the past day. The volume activity hasn’t stopped with the it being up by 46% in the past 24 hours. MBS currently has a fully diluted market cap of US $1,330,739,718 with a maximum supply of 1,000,000,000 MBS coins.

Conclusion

Backed by big names such as eToro and DraftKings and the FTX listing, the MBS token does seem come across a project with lots of potential. The MBS token will offer both passive as well as hardcore gamers to engage in a game which is not only addictive but also gives an opportunity to earn. By combining the features of the FIFA game and Final Fantasy, MonkeyBall will allow the gamers a peak into how a football game looks like in a metaverse. The anticipated NFT Airdrop could see more investors coming on to the platform in 2022.


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