While the cryptocurrency market has been moving sideways this week, some metaverse projects have managed to gain traction. Today, many metaverse coins are posting double-digit gains, but one is up over 500%. In this article, let’s take a look at the Crypto Sword and its token SWD and see why the price has risen so much.
What is Crypto Sword (SWD)? Why did it rise?
Binance Smart Chain-based metaverse game Crypto Sword (SWD) was listed on CoinMarketCap on January 10, 2022. Crypto Sword offers players an interesting play-to-win NFT game with competitive and immersive combat effects. 0.04 BNB, or 50 dollars, is enough to start the game. In-game development continues with various swords and styles. NFT items are classified according to their rarity in Common, Rare, Epic, Legendary, Unique, and Legendary categories. The number of “turns” of swords required to fight corresponds to the number of times the sword enters the fight. More “rounds” means longer sword life and competition. Tours reset once a day.
Crypto Sword is a competitive metaverse game. Players can challenge other players after minting their swords. He can choose different combat levels depending on the sword level. With the play-to-win model, it is possible to win prizes with 5 USDT worth of SWD tokens, which are BEP-20 tokens. The reason for today’s price boom was the announcement announced on January 26.
Why is the Metaverse coin rising?
Crypto Sword announced on January 26 that the V2 Metaverse Battle Mode is now fully complete and open to everyone. While new features direct players and investors to Crypto Sword, the developer team continues to work.
SWD’s chart has been bearish since its release on January 10, but it looks like the project has bottomed out and the trend has reversed…
Reaching a transaction volume of over 4 million dollars in the last 24 hours, SWD increased its earnings over 500% in the same period. The Metaverse coin has a fully diluted market cap of $900,000. SWD is listed on PancakeSwap.
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