Pirate Nation Token Rallies on Coinbase as Spotlight Turns to Another Hidden Gem
The just-launched token of the viral play-to-earn (P2E) RPG game Pirate Nation, Pirate Nation Token (PIRATE), has seen an explosive start to life, buoyed by various exchange listings, including from Coinbase. The spotlight is now turning to another hidden gem called Play Doge.
According to DEXTools, PIRATE was last at $0.35, up more than threefold from its launch price of around $0.12.
PIRATE launched on Coinbase and other major exchanges on Thursday, a huge boost for the game’s growth prospects.
Pirate Nation (PIRATE) is now live on https://t.co/CD3RBjtMAO & in the Coinbase iOS & Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.
— Coinbase Assets (@CoinbaseAssets) June 13, 2024
The PIRATE token is now available to a large number of new retail investors, which probably explains why it has a market cap of nearly $100 million. Its fully diluted market cap, meanwhile, is over $350 million.
PIRATE launched on Ethereum just one day ago. 47% of the supply is being given to the user community.
And only players and collectors have been able to claim their PIRATE tokens so far.
The only people able to claim $PIRATE tokens on TGE day will be @PirateNation players & collectors.
Note: US persons will not be eligible to claim $PIRATE.
— Pirate Nation Foundation (@PirateNationFDN) June 4, 2024
PIRATE Can 10x – What About Hidden Gem Play Doge (PLAY)?
With already over 176,000 followers on Twitter, the Pirate Nation community is already very large.
That could help power the PIRATE token higher. If it can become a market leader in the P2E space, it could eventually secure a market cap of $1 billion or more.
Therefore, PIRATE could easily still be 10x from here. With its market cap currently below $100 million, it is certainly still a hidden gem.
Perhaps an even better way for investors to make quick gains in the P2E crypto sector is to find alternative up-and-coming tokens, however.
One very promising coin that the team at Cryptonews has big hopes for is Play Doge (PLAY).
The meme coin is packed with play-to-earn (P2E) utility and powers a fun, mobile-based game.
The hidden gem currently available in presale has already raised close to $4.3 million despite only launching a few weeks ago.
At $0.00508, PLAY is set to launch with a modest market cap of around $50 million.
Depending on how its game gains traction, PLAY could be one of the best meme coin plays this cycle.
Visit Playdoge Here
The post Pirate Nation Token Rallies on Coinbase as Spotlight Turns to Another Hidden Gem appeared first on Cryptonews.
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