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Ethereum-Based NFT Gaming Project Explodes More Than 70% This Week Amid Flurry of Updates

by BNP
February 5, 2023
in Altcoin News
0
Ethereum-Based NFT Gaming Project Explodes More Than 70% This Week Amid Flurry of Updates
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An Ethereum (ETH)-based non-fungible token (NFT) gaming venture skyrocketed by greater than 70% this week amid a flurry of latest upgrades.

The utility and governance token of Illuvium (ILV) surged to a weekly high of $105 from a low of $61.81 on January 29th.

Illuvium is a project that aims to build open-world fantasy games. The 180th-ranked crypto asset by market cap has slightly retraced and is trading at $95.21, up over 5% in the last 24 hours.

In January, Illuvium released the alpha model of its third recreation, Illuvium Zero, a constructing and land improvement cell and desktop recreation. On Thursday, the venture launched the newest replace to Illuvium Zero, which goals to repair a number of the new recreation’s bugs.

Illuvium additionally overhauled its web site this week.

Moreover, the venture announced a deliberate improve for Illuvium: Overworld, an open-world exploration recreation that’s at present in non-public beta.

“Illuvium: Overworld will quickly function totally optimized plant physics, influenced not simply by your motion but additionally by wind! This may add new layers to the traversal expertise. When you’re intelligent, perhaps you should utilize it to your benefit.”

Regardless of the value positive factors this week, ILV stays practically 95% down from its all-time excessive of $1,911, which it hit in November 2021.

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Disclaimer: Opinions expressed at The Each day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses chances are you’ll incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please be aware that The Each day Hodl participates in internet online affiliate marketing.

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