The current season of the crypto market seems to be the season of Games. Most coins that have skyrocketed in price recently are Game-based coins. Axie Infinity was the talk for the past few weeks, but after the issues in its server, DPET gained popularity.
My DeFi Pet is a blockchain-based video game with its own token “DPET”. The token has surged over 824% in the past month and 301% for the past week. It has hit high in popularity and seems like the next game coin to reach high.
Is DPET the Next Axie Infinity?
According to the data from Coingecko, MyDeFiPet has surged to Asia’s most popular coins for the past week. Moreover, Asia has mostly submerged in the crypto world and is still marching towards it. Recently, Coingecko has posted a tweet listing the top trending coins in the market.
Looks like Asia has been moving to a new world 🌍— CoinGecko (@coingecko) July 18, 2021
Coming in at Top 3️⃣ are $DPET, $SLP, and $AXS while $MM and $DRK make a new appearance to the list
Do you have any of these coins in your portfolio?
Discover new treasures: https://t.co/j2gTwq8c5j pic.twitter.com/VsatMRZV4Q
As a matter of fact, we all know that Axie Infinity was the pep talk in the market for the past few weeks. But after the server issues of Axie Infinity, DPET replaced that positing and hit high in popularity along with the price.
In May 2021, KardiaChain, the first decentralized, interoperable blockchain platform in Vietnam and South East Asia, launched My DeFi Pet. My DeFi Pet combines traditional game experiences with DeFi elements in NFT collectibles. They also have their own monsters for battles that can take part in events to win prizes each season.
We feel highly honored to announce that My DeFi Pet has more than 100,000 holders, more than 1 million eggs bought— MyDeFiPet (@mydefipet_DPET) July 18, 2021
We’d like to thank our community for supporting and believing us. We wouldn’t be here without you❤ pic.twitter.com/fsg2XwfQN3
My DeFi Pet is a virtual pet game in which you combine DeFi, collectibles, and your own personality. It runs on a supported network, which includes Binance Smart Chain and KardiaChain.
The success of these “play-to-earn” games has recently skyrocketed. Similar to Axie Infinity, they have their own in-game items, characters, or currency which can be converted into digital cryptocurrencies. Consequently providing an opportunity for people who want to earn money from the comfort of their own home.
Current Market Status
According to Coinmarketcap, the current trading price of DPET is $6.77, where its ATH hit around $7.51 nine hours ago. At the time of writing, the price of MyDeFiPet has soared up 29.46% in the last 24 hours.
Significantly, users and supporters anticipate that the token will rise and reach $10 in the near future. Asian users have recently gone crazy for game tokens, which is causing these tokens to skyrocket. But, to learn about the consistency of these tokens, we must wait until only time will tell whether these tokens can survive in the market.
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