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Altcoin News

BLOCKLORDS Token LRDS Pumps 148% in 24 Hours Ahead of Coinbase Listing

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published July 25, 2024 12:59 PM·Updated 2 years ago
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BLOCKLORDS Pumps 148% in 24 Hours ahead of Coinbase Listing

Coinbase has announced plans to list BLOCKLORDS’ (LRDS) gaming token on the Ethereum network (ERC-20 token). This news has ignited a significant market reaction, with LRDS’s price skyrocketing by around 148% in 24 hours to reach $1.97.

Since it has just announced plans to list it holds a market cap of a mere $11.67 million but the 24-hour trading volume stands at $42.93 million.

Image Source: Coinmarketcap

BLOCKLORDS, a medieval grand strategy game developed by MetaKing Studios, uses $LRDS as both a governance token and in-game utility. This dual role ensures the token’s integral part in powering the game’s economy and shaping its future. The listing on Coinbase has fueled strong investor interest, reflecting growing confidence in LRDS.

Adding to the excitement, BLOCKLORDS has launched a substantial 300,000 Gamedrop of LRDS tokens. This initiative is designed to drive player engagement and further embed the token within the game’s ecosystem.

The developers of BLOCKLORDS are optimistic that this move will not only enhance gameplay but also support the game’s ongoing evolution.

Also Read: Bitcoin Drops below $64K, $290M Liquidated in 24 Hours

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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