Legend of Fantasy War Reaches Top Price on CoinMarketCap
Legend of Fantasy War (LFW) surged more than 31% yesterday, becoming the top-performing Metaverse coin on CoinMarketCap.
Take a look at Legend of Fantasy War, what is its LFW token and why is the price increasing?
What is Legend of Fantasy War (LFW)?
Legend of Fantasy War (LFW), launching its token in October 2021, is an RPG blockchain-based game built on BNB Chain.
With an attractive plot, players can entertain and collect valuable items, even exchange items with other players. NFT holders can transparently sell, trade and auction on the exchange market. One of the strengths of the game is the community nature, players and their friends can enjoy the rewards together.
The game is built using the Unity game engine which offers players an immersive experience.
Legend of Fantasy War gameplay revolves around the user assembling their army of NFT heroes, participating in battles and leading them to victory. Each NFT hero has unique attributes and abilities, and since the characters are blockchain-based, players have full ownership of their in-game assets.
The average cost of an NFT character is 1 BNB, which is a pretty big investment when it comes to Metaverse games.
The initial investment can quickly pay off as users join the LFW economy and use their NFTs to earn rewards. Additionally, players can sell their NFT heroes at any time, essentially recouping their investment.
LFW’s NFT market is dynamic and soon users will be able to buy gadgets, consumables, fashion and real estate.
The game’s native token is LFW, which allows users to purchase in-game items and serves as the main utility asset on the platform.
You can buy LFW on PancakeSwap.
Why has Legend of Fantasy War (LFW) price increased?
LFW is the best performing metaverse coin on CoinMarketCap today, up over 30% yesterday
A possible reason for this price increase could be LFW’s mysterious Twitter announcement
The tweet states that an explosion is coming, with a mysterious message appearing in the image. It’s unclear what the exact announcement entails, but the market showed clear bullish momentum for LFW today.
LFW’s market cap is $2.9 million, making it an underrated project, but its 24-hour trading volume is $786,000, which is quite respectable for a project of this size.
All in all, LFW has great long-term potential and the token is something to watch out for in February 2022.
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