ArmzLegends GameFi Flexes Onto Scene With Impressive First Week

ArmzLegends debuted their game this week to an impressive response from the community that helped it gain traction.

Amongst Top Blockchain Games by Volume

ArmzLegends launched their game on Nov. 9th, which has seen grown to post an impressive performance in the first week of the game going live.

Even prior to the launch, the game featured in the top 10 blockchain games with the highest social signal over a 3 days period on Nov. 2nd, in a list released by NFT Nerd on Twitter. After the first week of the game’s launch, it was ranked in 2nd place just after the blockbuster Play to Earn game, Axie Infinity, with a volume of $391.83 million over the past 7 days of Nov. 13th.

The game’s native token, PROT, was listed on PancakeSwap on Nov. 2nd. As revealed in a post by the platform’s official Twitter account, here are some metrics 9 days after listing on the decentralized exchange (DEX):

All-Time High (ATH) at $100, which is 150x of the listing price

Circulating market capitalization: $13.5 million

Fully diluted market capitalization: $547 million

26,000 PROT holders and 31,700 Armz holders

The reward pool stood at 93.5%.

$400,000 worth of PROT tokens burned on Nov. 11th.

Source: Gamingfi TV – #NFTGames Twitter

However, the PROT token’s price has taken a huge tumble over the weekend after the project hailed its success on Twitter. PROT took a tumble from trading in the $23 range this Friday on Nov. 12th to trading at $3.42 at the time of writing, indicating over a 90% drop in price, as per data from CoinGecko. 

Additionally, there are several users on Twitter that have been complaining about their tokens and Armz NFTs. 

Source: Twitter Thread

After posting an impressive debut and facing backlash from users soon after, it will surely be interesting to observe the journey of the game that clearly has high demand from the community. Watch this space for more!

About Armz Legends

ArmzLegends is a Play to Earn (P2E) non-fungible token (NFT) game on the Binance Smart Chain (BSC). For users, the game’s objective is to recruit the most powerful Arms in the universe and defeat legendary enemies. Users are rewarded with PROT tokens which can, in turn, be used to recruit more Armz or upgrade the existing Armz in the user’s collection.

Find more about Armz Legends here:

Website | Twitter | Whitepaper | Telegram | Reddit | Announcements | Linktree | 

Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for Binance Smart Chain and crypto!

Source : bsc.news

Leave a Reply

Your email address will not be published.