IBAT

Battle Infinity PancakeSwap remains the day’s main attraction, luring investors’ attention. Although the global crypto market is quiet, some extremely popular tokens are being listed on exchanges and have the potential to skyrocket in value. Battle Infinity (IBAT) is one of them, and it has the potential to gain 10x after listing on PancakeSwap.

Since Battle Infinity is a fantasy gaming platform, investors are curious how it will affect other gaming tokens. Consider this: there is a good chance that holders of Axie Infinity and The Sandbox will sell their coins to invest in Battle Infinity.

Let’s dig deeper into this.

Axie Infinity Pumps 2% amid Origin Season 0

With Axie Infinity: Origin season 0, Axie Infinity, a Play-and-Earn blockchain game based on the Ethereum sidechain Ronin, has joined its next transitory step. During the last week, the famous card game, now amid its summer breeding session and art competition, revealed the milestone moment the fans have been eyeing in a tweet.

⚔️Origin Season 0⚔️ is here! This marks the transition into Origin Phase 3 🛠️ Phase 3 comes with a variety of important gameplay and economic updates so make sure to review the article carefully.

As the team gradually transitions the society to the fresh game mode, Phase 3 moves the transmission of $SLP from Classic to Origin.

Axie Infinity Price & Tokenomics

The current price of Axie Infinity is $18.32, with a 24-hour trading volume of $168 million. In the last 24 hours, Axie Infinity has gained 0.60%. CoinMarketCap now ranks #40, with a live market cap of $1.5 billion. There are 83,814,110 AXS coins in circulation, with a maximum supply of 270,000,000 AXS coins.

AXE Price Chart

Axie Infinity Price Chart: Source – Tradingview

Axie Infinity Sales Surpass $4 Billion; SLP Rewards Removed from Classic Mode

According to a recent update published on August 11, Axie Infinity is modifying the rewards structure and eliminating SLP from the basic gameplay. Axie Infinity is a well-known play-to-earn (P2E) game that utilizes NFTs. According to dappradar.com’s all-time statistics, the game’s NFT collection has so far grossed $4.24 billion in total sales. 

Axie Infinity has almost $4 billion in total sales, according to Cryptoslam.io data; however, the figure is somewhat lower ($4.08B) compared to dappradar.com’s figures. To date, $4 billion in sales have occurred throughout 17,038,131 transactions, with 2,291,087 NFT owners.

Axie Infinity’s Big3 Champions Trilogy is a Slam Dunk

Today, associates of the Axie Infinity society – the token-based online video game – acquired the bulk of the Fire-Tier versions of Trilogy, obtaining ownership-like value and usefulness in the 2021 BIG3 defending champions.

This acquisition is an element of BIG3’s new ownership model, which was reported in April 2022 and would use blockchain to market NFTs with ownership-like advantages.

Gary Vaynerchuk, VeeFriends, DeGods, Bill Lee and MyDoge/DogeCoin, Krause House, PayPal Co-Founder Ken Howery and Snoop Dogg are among the other BIG3 FEAT owners.

“We are absolutely thrilled to have the Axie Infinity community, cloudwhite, Artic, Jihoz, Flying Falcon, baronar, Enjoi AxieChat, Coco Bear, RCTech, Aur, freak and AxieDAO on board with Trilogy,” said BIG3 co-founder, Ice Cube. Partnering with the largest NFT-based game in the world demonstrates BIG3’s commitment to meaningful Web3. Hopefully, with the Axie community behind the team, Trilogy can pull out a win this weekend and go for the Championship 3-peat.”

Despite all these positive fundamentals, Axie Infinity (AXS) managed to pump 2% in seven days. On the flip side, The Sandbox (Sand) is even in a worse position; SAND lost 1.15% in seven days to trade at $1.31. 

The Sandbox (SAND) Slips 1.15% following 76% Rise

The Sandbox (SAND) is a virtual Ethereum-based interactive environment where users may create, develop, explore, socialize, trade, and monetize digital goods and game experiences. The platform is fueled by SAND, its native money, which is used for virtual world interactions and transactions.

The Sandbox offers gamers a secure gaming environment that protects them from crypto market turmoil and crashes. While Sandbox has been extensively attacked for its reliance on volatile cryptocurrencies, the platform remains one of the most famous and reputable projects in the GameFi market.

Sandbox game for mobile phones and Microsoft Windows was launched on May 15, 2012, by the gaming company Pixowl. On June 29, 2015, it was published on Steam for PC and continues to trade choppy, tossing in a narrow range of $1.252 to $1.421.

The Sandbox (SAND) Price & Tokenomics

During June, SAND has increased by 76% as the popularity of metaverse platforms like Sandbox has produced significant attention from famous influencers and personalities online. Moreover, a substantial portion of blockchain users consistently supports these platforms.

The Sandbox

SandBox Price Chart: Source – Tradingview

The Sandbox’s current price is $1.31, with a 24-hour trading volume of $348 million. In the previous 24 hours, the Sandbox has dropped 0.77%. CoinMarketCap now ranks #37, with a live market cap of $1.8 billion. It has a total quantity of 3,000,000,000 SAND coins and a circulating circulation of 1,391,524,311 SAND coins.

Battle Infinity PancakeSwap Listing, Should We Expect a Buy?

Everyone seems to be talking about Battle Infinity right now. The reason is its popularity; the Battle Infinity presale was quickly sold out. The IBAT token is confirmed for its initial exchange listing on PancakeSwap DEX on August 17 at 4:00 pm UTC timezone.

Those who did not participate in the presale will have a second opportunity to buy tokens on August 17th. However, if IBAT goes live on PancakeSwap, token holders have the potential to unfold 10x returns.

Is it likely that Spikes will appear in IBAT?

The IBAT presale raised $5 million in BNB tokens 66 days quicker than projected. The second allotment sold out in less than 24 hours during the presale.

In addition, IBAT has hired a hard-charging marketing team to assist the token in acquiring traction. The same marketing team is responsible for the success of other goods such as Lucky Block.

Lucky Block garnered 90 times as much as the team’s marketing efforts, and Battle Infinity, with its unique strategy and clear path map, has a good chance of topping that record.

Hence, we can expect Axie Infinity and Sandbox holders to sell their coins and buy Battle Infinity. This eventually could boost demand and price for IBAT coins.

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