Under-the-Radar Ethereum Gaming Altcoin Defies Crypto Market Slump and Surges 42% This Week
An under-the-radar Ethereum (ETH) gaming altcoin has rallied against the crypto market downtick, surging 42% in the last seven days.
Echelon Prime (PRIME) is a web3 ecosystem that aims to advance the next generation of gaming.
Echelon’s website says the project “creates and distributes tools to encourage innovation in, and promote the growth of, novel gaming models and economies.”
The project’s native token, PRIME, is trading at $3.88 at time of writing, up from around $2.73 a week ago. The 295th-ranked crypto asset by market cap is also up nearly 12% in the past 24 hours.
On Tuesday, Echelon posted a grant proposal for its community to vote on. If approved, the grant will be awarded to the non-fungible token (NFT) game “What the Funge” from Funge Labs.
Explains the grant application,
“What the Funge is the world’s first NFT bar fight simulator played out as an autobattler that offers unique turn-key utility to NFT projects for players to compete for eternal conquest, glory, and PRIME. While the game is easy to pick up and get into, it has a very high skill ceiling, leading towards a rewarding competitive experience.”
Despite the price increase this week, PRIME remains more than 31% down from its all-time high of $5.68, which it hit in March. That all-time high materialized shortly after top US crypto exchange Coinbase listed the asset.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
The post Under-the-Radar Ethereum Gaming Altcoin Defies Crypto Market Slump and Surges 42% This Week appeared first on The Daily Hodl.
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Under-the-Radar Ethereum Gaming Altcoin Defies Crypto Market Slump and Surges 42% This Week
An under-the-radar Ethereum (ETH) gaming altcoin has rallied against the crypto market downtick, surging 42% in the last seven days.
Echelon Prime (PRIME) is a web3 ecosystem that aims to advance the next generation of gaming.
Echelon’s website says the project “creates and distributes tools to encourage innovation in, and promote the growth of, novel gaming models and economies.”
The project’s native token, PRIME, is trading at $3.88 at time of writing, up from around $2.73 a week ago. The 295th-ranked crypto asset by market cap is also up nearly 12% in the past 24 hours.
On Tuesday, Echelon posted a grant proposal for its community to vote on. If approved, the grant will be awarded to the non-fungible token (NFT) game “What the Funge” from Funge Labs.
Explains the grant application,
“What the Funge is the world’s first NFT bar fight simulator played out as an autobattler that offers unique turn-key utility to NFT projects for players to compete for eternal conquest, glory, and PRIME. While the game is easy to pick up and get into, it has a very high skill ceiling, leading towards a rewarding competitive experience.”
Despite the price increase this week, PRIME remains more than 31% down from its all-time high of $5.68, which it hit in March. That all-time high materialized shortly after top US crypto exchange Coinbase listed the asset.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
The post Under-the-Radar Ethereum Gaming Altcoin Defies Crypto Market Slump and Surges 42% This Week appeared first on The Daily Hodl.
Read More