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The Mines of Dalarnia price skyrocketed 77% in the last 24 hours to trade at $0.2206 as of 4.40 a.m. EST on trading volume that soared 7,789% to $1.5 billion.
The evolutionary platform-mining blockchain game with both single and multiplayer action became a major hit when it emerged, but it has been a long time since it saw such a rapid price surge, accompanied by skyrocketing volume.
The project announced recently that DAR staking is ongoing, with an impressive APR of 900%, which may be one of the reasons why the crypto community started buying its token in such massive quantities.
$DAR staking is ongoing with an impressive APR of 900%! 💥
Don’t miss your chance to earn $DAR rewards. Start staking now! 🤩https://t.co/RbB8nFB2Da pic.twitter.com/1JqE2zgumg
— Mines of Dalarnia (@MinesOfDalarnia) August 16, 2024
An even more exciting reveal was that the upcoming Dalarnia Nexus playtest will take place on August 29, starting at 8 a.m. UTC, and lasting until August 30 at 12 p.m. UTC.
This was announced on X by DAR Open Network, promising guaranteed fun and the chance to win DAR rewards and unique NFTs by participating in the contest.
What can you look forward to in our upcoming #DalarniaNexus playtest on August 29, from 8 AM to August 30, 12 PM UTC? 🌵
Aside from guaranteed fun, you can also win $DAR rewards & a unique #NFT by participating in our contest! 🙌
Read the full details:https://t.co/30BAhxDwBK pic.twitter.com/Vvqjoh8cP3
— DAR Open Network (@DarOpenNetwork) August 15, 2024
Mines of Dalarnia’s new ways of rewarding the community have reawakened interest in its token, and the price surge followed.
Mines of Dalarnia Price Prediction
Mines of Dalarnia has seen a strong price increase in the past 24 hours. Previously, between mid-July and early August, the token’s price was spiraling down from $0.2122 to $0.10.
After that, it spent the next two weeks trading sideways, only to blow up in the last 24 hours.
The token reached its peak at $0.25 several hours ago and has since seen a slight correction to its current price of $0.2206.
However, some of its technical indicators suggest that the price could yet recover. For example, the DAR Bollinger bands have seen a major widening in the last few hours.
Initially, the price pushed the upper band up, only to then see its correction. But, despite the correction, the price only dropped to the middle point between the two bands, finding certain stability here, which is still a bullish sign.
The project’s Relative Strength Index (RSI) value dropped to the neutral zone after venturing deeply into the overbought area.
This was to be expected, as many traders sell once the RSI goes into the overbought zone, but the fact that the RSI value stopped its descent in the neutral area suggests that it might bounce back up, rather than proceeding to the oversold sector.
With the crypto industry seeing many of its coins and tokens trading in the green, and the Mines of Dalarnia itself seeing a great surge of popularity lately, it is more than possible for its price to see another surge, and anyone looking to profit from trading the token should be ready for it.
Promising Alternatives to Mines of Dalarnia
While Mines of Dalarnia’s correction is likely about to end and the token might get a second wind, there is no denying that its recent volatility has made it a bit of a risky asset to buy right now.
But, this is far from being the only extremely popular gaming project. In fact, a project that might end up being even more popular is about to wrap up its ICO, leaving interested investors just enough time to join at the last minute.
Known as PlayDoge (PLAY), this meme coin that doubles as a P2E project launched its presale a few months ago, and during the summer it managed to raise over $6.1 million.
This allowed it to become one of the most successful ICOs of 2024, and it is definitely one of the most anticipated projects.
The reason for this is its upcoming game, which was inspired by the ‘90s toy, Tamagotchi. The toy allows users to interact with a digital pet — feed it, play with it, and train it, in order to keep it alive, happy, and healthy.
PlayDoge offers the same, but its app will also let you earn PLAY tokens for regularly interacting with your pet, completing mini-games, and reaching the top of the leaderboard.
🚨 Important Announcement 🚨
PlayDoge’s highly anticipated #Presale ends on Monday, August 26th at 10am UTC! ⏳
Buy $PLAY in final stages now! 💰
👉 https://t.co/JT0VEofqf2 pic.twitter.com/aWQCHxox0H— PlayDoge (@PlayDogeGame) August 16, 2024
As mentioned, the project’s presale ended up being highly successful, but it is now approaching its end. PlayDoge announced that it will officially conclude the ICO on August 26, meaning that there are only seven days left to join.
Right now, the PLAY token sells for $0.0053, but within hours, another scheduled price increase will be seen. After that, only one or two phases remain before the ICO ends, so it is still not too late to buy PLAY and profit by the time it launches.
One of the crypto experts behind the 99Bitcoins YouTube channel even said it’s the only meme coin he’s buying right now.
Visit the official website to buy PLAY tokens here.
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