Why is the League of Kingdoms Arena (LOKA) token so successful?

The play to earn League of Kingdoms governance token is gaining value. The rise in the price of the LOKA (League of Kingdoms Arena) surprised the users of digital assets. Blockchain games that enjoy a well-functioning ecosystem would be on the right track. These structures are perfect for launching an NFT collection.

This would be the case, for example, ofAxie Infinity. Cryptocurrencies also have a prosperous future in the P2E space, and IBAT recently proved it to us. This time, it’s LOKA’s turn to win the day. The rise in the price of LOKA is partly explained by the interest that players have for P2E.

Price increase for the LOKA

P2E games challenge gamers to achieve specific goals to earn tokens. On League of Kingdom, players earn LOKA. On August 29, 2022, the value of this cryptocurrency has climbed 25.89%. This considerable rise sets the token at a value of $16.19 million on the exchange. Its value is now trading at around 0.600 USD.

If you plan to invest in this cryptocurrency, know that it has a total supply of 25.1 million tokens.

the hit of LOKA is particularly impressive, knowing that the token experienced a drop of around 75% at the start of the year.

The principles of LOKA

The LOKA is a token that players earn in League of Kingdom when they achieve an objective. They earn this token when they win a battle, or when they do good achievements. Holding LOKA gives users the right to vote on the blockchain. This token is also used for purchasing land, characters, and other assets.

On the other hand, to make the dragons of the game live, you must use the token Dragon Soul Token.

LOKA holders can use their assets in-game. They are also free to invest their tokens elsewhere. This principle is very appreciated by players who build a fund on the game precisely to reinvest.

League of Kingdoms

League of Kingdom is an MMO strategy game. Its launch dates from 2020. In 2022, the game registers more than 800,000 players per month. Attention, these are the players involved. The ecosystem is well established according to the figures. It took only two years for P2E to achieve current goals.

League of Kingdom is based on gameplay common to strategy games. The player must create a community, win fights, gaining assets, expanding your expansion strategy, having more land, etc. For a strategy game enthusiast, League of Kingdom is the closest thing to the Holy Grail.

When it first launched, the game was aimed at mainstream gamers. Over time, it became a P2E, but on an optional basis. Its great advantage is that it is accessible for free.

This League of Kingdom news promises new opportunities for P2E game lovers. It’s also a beacon of hope for crypto investors weary of the upsurge of bad news on the web3.

Annaelle

Do you know the expression BFF? Best Friend Forever? Well I, Annaëlle, am Victoria’s BFF. Passionate about crypto myself, I come to lend him a hand on his blog… by lending him my pen 🙂

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Why is the League of Kingdoms Arena (LOKA) token so successful?


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