ALICE Token went public on crypto exchanges today at 6:00 a.m. (UTC) on Binance under the trading pairs ALICE/BTC, ALICE/BUSD, and ALICE/USDT. The ALICE Token is the official NFT of the My Neighbor Alice game.
According to Binance, the trading pair ALICE/USDT started trading at the initial price of $0.10 and reached its highest high of $47.1999 giving it a 47,000% increase. Right now, the price is stabilized around the $28 level which is a current 28,000% increase from its starting price.
According to CoinMarketCap, the 24-hour trading volume is $1,930,345,177 USD. The current CoinMarketCap ranking is #213, with a live market cap of $520,810,045 USD. It has a circulating supply of 17,400,000 ALICE coins and a max. supply of 100,000,000 ALICE coins.
If you had invested $1,000 at $0.10 earlier today and given the current price of $28 you would have made a total profit of $280,000.
My Neighbor Alice is a multiplayer builder game based on blockchain, where anyone can buy and own virtual islands while collecting and building items and meeting new friends. The game was inspired by other successful games such as Animal Crossing. What makes this game exciting is the ability to combine two worlds – a fun narrative for gamers that want to enjoy the gameplay and an ecosystem exposure for players who want to collect and trade Non- Fungible Tokens (NFTs).
My Neighbor Alice has its own native utility token named “ALICE” and is used for multiple purposes. Firstly, it is used as the game’s currency to purchase assets, land and special skills and features for the game in the Alice marketplace while also exchanging NFTs with other players. Secondly, it is used for governance for people who want to participate in the governance process through a Decentralized Autonomous Organization (DAO), with proposals and voting rights that concern the platform and development operations.
Moreover, the game will introduce voting incentives to encourage players to participate in it. Thirdly, players can stake ALICE tokens to earn a percentage of the platform sales, revenues, transaction fees, etc. Lastly, it is used for players’ incentives for instance, when a player completes quests in the game, players can earn ALICE tokens. This design is to encourage user participation in the game and to maintain traction.
Non-Fungible Token is one of a kind asset in the digital world that can be bought and sold like any other property but they have no tangible form of their own. A fungible asset is something with units that can be readily interchanged like money. However, when something is non-fungible it cannot be interchanged with something else.
Our team is at the moment on a mission to discover the next ALICE Token so it can share it with its members on time. We have done this many times before with stocks which were our main focus. Only recently, we have formed a new crypto task room in our group that provides the latest information and updates on cryptocurrencies, NFTs, and the blockchain ecosystem in general. To be part of it all you have to do is share this post on your social media platform, and then register on our website. Once you register for free, you will be contacted shortly when you will be asked to share a screenshot of your share in order to be added to the group.
Disclaimer – I/we have no position in any stock mentioned. I wrote this article myself, and it expresses my personal opinions. I am not receiving any compensation for it, other than FDGT Academy. I do not have or had in the past any business relationship with any company that is mentioned in the above article.
I am a stock analyst/investor with prior experience and knowledge to BSc Accounting and Finance. After completing my degree and exposure to the accounting firms I decided that the direction I should choose is towards the Investment world. I completed my masters in Investment Management where it gave me solid fundamentals to build my career on. I have examined a lot of different aspects of investment, from REITS, derivatives, currencies, bonds, equity and hedge funds. I never stopped learning about the market which is why I can analyze and write articles for FDGT community always personally opinionated. My passion are green energy and electric vehicles stocks as a whole. I also had my share of analyzing the work form home stocks that are coming to take over in the upcoming years.
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