BitBoard and Clash of Lilliput Thrive as Bitcoin Hovers Near $95K
With Bitcoin hovering around $95,400, gaming and social tokens like BitBoard (BB) and Clash of Lilliput (COL) are reporting significant gains in the last 24 hours.
BitBoard has seen an impressive increase of 104% within a day, trading at $0.006162 after a low of $0.002903. Throughout the week, BB has achieved a staggering rise of 760% and an extraordinary 4,200% over the past month. Further details are outlined below.
BitBoard is described as “a community platform for stars and their fans that offers an online fandom service.” Despite the significant price surge, there haven’t been any major announcements or developments that might account for this increase; the rise appears to be primarily driven by market speculation.
Following closely on CoinGecko’s list of top crypto gainers is Clash of Lilliput, which surged by 64.3% in the last 24 hours, climbing from $0.2546 to $0.419 and later stabilizing around $0.2874 at the time of writing.
Unlike BitBoard, COL has a clearer rationale behind its price fluctuation.
This gaming token features an “LG game centered around miniature characters aiming to develop a tribe for their survival and success.”
This notable price jump corresponds with a recent announcement regarding enhanced token utility within the game ecosystem.
The team has indicated that users can now utilize COL to facilitate upgrades, purchase items, and trade pets & gear, in addition to earning rewards based on their battle rankings.
This expansion of in-game token utility seems to be creating genuine user interest and demand.
TROLL witnessed a rise of 52.3% in 24 hours, increasing from $0.01996 to $0.03373.
Though the gains are notable, TROLL is relatively new with no substantial developments or announcements to clarify the price spike.
Currently, it sits at 20.2% higher, trading at $0.03106.
Fourth on the list is ArcBlock, which has risen by 40% in the past 24 hours, now trading at $1.15, up from $0.817 at last check.
The price increase for ArcBlock appears to be associated with a specific product announcement.
The project recently introduced ArcSphere, branded as “a different kind of browser,” although specific details about its functionality remain undisclosed.
While these smaller tokens are experiencing significant growth, Bitcoin (BTC) has dipped below $96,000. The total cryptocurrency market cap has also decreased by 0.9%, falling from $3 trillion to $2.97 trillion, as reported by CoinMarketCap.