Given the number of cryptocurrencies on the market, it was only a matter of time before a COVID-19-themed token was trending. BSC-based win-to-play and Web3 coin “COVID Slice (COVID19)” can be an example of this. In this article, let’s answer the question of what is COVID Slice (COVID19) and take a look at its price.
What is COVID Slice (COVID19)?
Released on January 18, 2021, COVID Slice is a play-to-win platform built with the Unity game engine. There is a 2D browser game similar to the popular Fruit Ninja. Users slice COVID-19 viruses while avoiding printing. The concept of the game is that instead of avoiding explosives like in Fruit Ninja, users avoid syringes filled with vaccines. It’s worth noting that the project isn’t trying to influence anyone’s beliefs or opinions about the COVID vaccine.
COVID Slice (COVID19) also includes a leaderboard with the top 10 players. The project’s plans include an NFT marketplace, currently in development, that allows users to buy, sell and trade their NFTs for COVID19 tokens.
COVID Slice (COVID19) token economy
The COVID19 token has a total supply of 1 billion and a trading volume of $1.2 million. The token, listed on CoinMarketCap today, is up over 190% from its $0.02039 exit price. The fully diluted market cap of COVID19 is $58 million, which is pretty significant for a recently launched token. As COVID19 is a Binance Smart Chain based BEP-20 token, it can be purchased on PancakeSwap.
- COVID19 reached its ATH of $0.1004 on January 18. Today, it is trading at $0.06151, 39.52% below its peak price.
cryptocoin.com You can reach the metaverse guides that we have prepared as part-1, part-2 here.
Why did the price of COVID19 rise?
The fact that the project has a Minimum Viable Product (MVP) that users can control is the primary reason for the January 19 bullish momentum. Metaverse coin commentator Paul Brabus underlines that while the hype around COVID Slice is gaining attention, it brings high risks. The price could continue to rise, but when the bears hit the markets, there is a chance that its value could potentially collapse above 90%.
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