Coinbase has put out an announcement it’s listing the GameFi token BLOCKLORDS (LRDS) on the Ethereum network. BLOCKLORDS is a P2E MMORPG focused on building up your own kingdom and battling others.
After the announcement the price immediately skyrocketed, up 125.71% in the last 24 hours to $1.79 per token. Notably, the GameFi space has been one of crypto’s fastest-growing sectors, anticipated to reach over $120 billion by 2031.
However, the Coinbase listing isn’t the only thing pumping LRDS to these prices. And there’s a new kid on the block in the world of P2E taking investors’ interest- PlayDoge.
BLOCKLORDS Delivers Massive Growth With Coinbase Listing
LRDS has had a great launch day, with the LRDS token trending on CoinMarketCap, and their 336,000-strong X (Twitter) following rapidly expanding. The game is officially available on the Epic Games Store, and is coming to Steam in Q1 of 2025.
The market cap hasn’t addressed the Coinbase listing yet, sitting at just $11,456,030, however, its daily trading volume is almost 4x this amount sitting at $43,769,437. As the market catches up, it’s extremely likely LRDS still has room to grow. This is despite the game still being in Early Access, meaning it’s not quite a finished product, and major changes are expected to happen by the time it is fully released.
Currently, players report the game being a little rough around the edges, and having some issues with late-game gameplay being filled with tedious tasks. While this “grind” is unlikely to be removed as it’s a pillar of the MMO genre, the developers have been carefully monitoring community satisfaction.
However, in the world of GameFi a pump is meaningless if the game can’t back it up, and BLOCKLORDS has unveiled their plans on how they’ll do just that.
BLOCKLORDS Releases A Myriad Of Announcements & Future Plans
BLOCKLORDS has been hard at work improving the game and LRDS economy in anticipation of launch day. One of the biggest is the LORDCHAIN reward program, rewarding players who lock 500 or more LRDS for 13 weeks with exclusive airdrops, NFTs, and the ability to manage mainnet nodes.
BLOCKLORDS has also announced a new airdrop of 300,000 LRDS(Worth $537,000) to players who have a subscription to the Brewmaster Battlepass- a monthly rewards program, alongside a unique hero, and who have purchased something from the Dynasty marketplace with at least 3 heroes in their dynasty.
The developers also improved the rewards given by daily tasks players can complete in the game. This has somewhat alleviated the late-game complaints of grinding as the players are better compensated for it.
BLOCKLORDS is steadily progressing through its roadmap, having accomplished its 2023 goals. The game plans to implement kingdom wars, lord wars, and rebellions to give more accomplished players more to do.
On top of this, BLOCKLORDS plans to release a mobile version, helping the game expand to an even wider audience.
However, it’s not the only gaming token showing bullish potential – another P2E coin by the name on PlayDoge has also been making waves of late.
PlayDoge Raises Almost $6M To Take The P2E World By Storm
PlayDoge (PLAY) is an upcoming P2E title merging the memetic appeal of doge with nostalgic 8-bit Tamagotchi gameplay. The game will have you take care of and play with your doge pet as well as complete minigames to earn PLAY tokens.
The token has already raised almost $6 million selling at $0.00522 per coin, with the presale already collecting half of LRDS’ current market cap.
Unlike BLOCKLORDS, PlayDoge requires relatively little commitment from its players. Projects like Notcoin have proven this to be a superior strategy. MMOs require a lot of time or monetary investment to succeed by their very nature, so they take up a relatively small cut of the overall gaming pie.
In TradFi, the MMO market is worth just over $11 billion, while the mobile gaming space which is mostly filled with casual games is worth $124 billion.
Experts like 99Bitcoins with over 700,000 subscribers on YouTube believe PlayDoge has the potential to capture this market and make massive returns.
THIS CRYTO MEME COIN CAN 50X TO 100X YOUR MONEY! PLAYDOGE BEST P2E DOGE COIN
Investors are scrambling to get in early on PlayDoge with less than a day left until its next price increase.
