$35 million weekly revenue… Is #AxieInfinity still the KING of chain games?
Rainbow Crypto Expo #4: BABY, BSW, GENE, AXS
Hello! Welcome to your weekly not-to-be-missed potential moonshots!
Don’t miss out on our Twitter weekly giveaway!
This week we are giving out $500 worth of AxieInfinity pets to 1 Crypto Carnival 2022 Early Bird ticket holder!
Register through here!
Last week we’ve covered IOST, SRM, WAVES, PEOPLE, and the market is still recovering slowly, Rainbow 6ix team wishes to remind you again that this article is only for sharing what we see of potential but not for the recommendation.
Let’s dive into this week’s Expo now!
In this expo, we will also be focusing on 4 projects.
“Baby is the future!” This line is among the first several sentences you will instantly notice when reading BabySwap’s whitepaper. With the launch of the play-to-earn game The Crypto You, BabySwap has returned to the public’s sight and has seen significant growth of players. $BABY will be used to expand the NFT-related ecology. The team hopes to maximize the project backfeed, establish more $BABY grants funds, and empower $BABY with more use cases such as more games, NFT trading, IFO, etc.
Category: DEX and DEX Derivatives
Circulating supply: 120.24 million BABY
Market Cap: 429.37 million USD
Current price: 3.57 USD
Highest in history: 4.49 USD
Lowest in history: 0.01952 USD
Market value ranking: 245
Biswap is a decentralized trading platform supported by the BSC network. In addition, Biswap is one of the winners of the Most Valuable Builder (MVB) II launched by BSC in April 2021. In order to support and cooperate with upcoming and existing projects on BSC, Biswap launched the “10M Program” as a global USD incentive. Its transaction fee is 0.1%, being one of the lowest on BSC. At the same time, Biswap has launched three referral programs, user referrals can be rewarded by joining the farms, launchpools, and swaps.
Circulating supply: 145.41 million BSW
Market Cap: 255.66 million USD
Current price: 1.76 USD
Highest in history: 1.91 USD
Lowest in history: 0.2715 USD
Market value ranking: 280
Based on Solana, Genopets claims to be the world’s first free-to-play (F2P) and move-to-earn NFT game. Genopets recently announced the completion of a seed round of $8.3 million. The co-lead investors are Konvoy Ventures (the investment company is an investor and board observer of AxieInfinity) and Pantera Capital.
Circulating supply (self-reported): 3.5 million GENE
Market Cap: 65.31 billion USD
Current price: 18.66 USD
Highest in history: 37.73 USD
Lowest in history: 13 USD
Market value ranking: 2858
4. AXS ($500 Axie Pets Giveaway!)
The AxieInfinity team is always committed to creating a digital pet kingdom, allowing users to raise pets or “Axies” in a virtual world, and participate in pets battle, pets collection, or construction of kingdoms.
As the project develops, the governance token $AXS issued by AxieInfinity became a project on Binance Launchpad, and then $AXS was listed at the price of 0.1 USD. With the support of Binance, the overall exposure became higher.
As so today, this game has been the most popular chain game on Ethereum, and it is also the most profitable dApp with over millions of revenue every single day, making it so far the king of chain games.
Circulating supply: 60.9 million AXS
Market Cap: 6.838 billion USD
Current price: 112.26 USD
Highest in history: 165.37 USD
Lowest in history: 0.1234 USD
Market value ranking: 26
That’s all we are going to cover this week!
Don’t forget to participate in our giveaway!
This article is NOT in any form of investment guidance, please research carefully before you make any investment decisions. This article was written on December 7, 2021.