Thu, March 28

League Of Kingdoms (LOKA) Breaks Prolonged Bearish Trend

Editors News
  • League Of Kingdoms is the world’s first blockchain-based MMO strategy game.
  • LOKA surged 70% in the last 24 hours.

Since being of 2023, the global crypto market witnessing a bullish trend. As the prolonged bearish cryptocurrency, League Of Kingdoms’ governance token LOKA, trading with the fifth week of ‘green candle’. At the time of writing, LOKA traded at $0.930328, with a price surge of over 70% in the last 24 hours. 

League Of Kingdoms (LOKA) Price Chart (Source: Tradingview

League Of Kingdoms is the worlds first blockchain-based massively multiplayer online (MMO) strategy game, built on the Ethereum blockchain. The play-to-earn game would allow users to make money by engaging in in-game activities. The MMO strategy game launched its whitepaper on July 2021 and its native toke LOKA went live on 21st January 2022. 

LOKA attained its all-time high of $5.37 on April 2, 2022. Since then, it has tumbled due to a market downtrend, which occurred by major crypto events such as Do Kwon’s Terra Luna collapse, Celsius Network, and Voyager Digital bankruptcy, and the crypto exchange FTX demise by its founder Sam Bankman-Fried’s fraudulent activities. 

However, the LOKA’s price has climbed by around 85% in the last week and 120% in the previous 14 days. League Of Kingdoms has 24 hours trading volume of $218 million with a market cap of over $79 million, which increased 60% from the last day. Also, LOKA soared approximately 170% from the beginning of the year, as per CoinGecko

A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.