STOCKS TELEGRAPH

Tag: PYR

  • Why These Coins Are Getting So Much Interest Today? – (WRX, PYR, JOE, AMB, AGLD)

    Why These Coins Are Getting So Much Interest Today? – (WRX, PYR, JOE, AMB, AGLD)

    Even though the market has been struggling to gain momentum. There are certain coins that have worked their way up the market. With the legalization of crypto in India, we have seen a sudden boost in certain coins that have been covered. A few coins have shown strength in the market and are shown below.

    WazirX – WRX

    Good news came out of India when it was released that India is moving towards the legalization of cryptocurrency. This news is highly bullish for the overall market. It has been released that the taxes levied would be 30%. Most traders hoped that the taxes would decrease over time. This news has been highly bullish for the Indian crypto Exchange as well. The price of WRX has increased by almost 28% in the past 24 hours and we have seen it attain a new value of $1.02. The volume has also jumped by almost 1268%.

    Vulcan Forged – PYR

    PYR has been one of the top gainers on Binance. The game had a major setback a few days back when the platform got compromised. But the developers came from the top and we saw them deliver and quickly recover the damage from their own treasury. In the past 24 hours, the price has increased by almost 23.88%. The new price is almost $12.93. The volume has also increased by almost 234%.

    JOE

    JOE has been newly listed on Binance. Due to the newly created volume, the price of the coin has increased dramatically and we saw an increase of almost 23%. The new price at the time of writing is almost $1.55. With only 162M coins in circulation, JOE has definitely gained attention.

    Adventure Gold – AGLD

    Adventure Gold (AGLD) is listed on the 443rd spot on coinmarketcap. At the time of writing AGLD is being traded at the price of almost $1.12. The price has increased by almost 38% in the past 24 hours. The volume has increased by a whopping 313% in the past day alone. AGLD revealed on Twitter that “Rings for @lootproject is now open source!“ 

    Ambrosus – AMB

    AMB has been one of the top gainers on Binance thanks to a tweet “Exciting #DeFi integrations and decentralized #governance are coming to Ambrosus this year.” In the past 24 hours, the price has increased by almost 35%. At the time of writing, AMB is being traded at the price of almost $0.02462.  The volume today has increased by almost 2488% in the past 24 hours achieving a new value of $3.4M. It is listed in the 884th position.

  • The Blockchain Gaming World – Vulcan Forged (PYR)

    Cryptocurrency is on the rise with numerous amounts of crypto-focused developers believing that blockchain technology is the next step of evolution for humanity. One ingenious aspect of blockchain is molding smart contracts to create Non-Fungible Tokens (NFTs). NFTs open a new avenue for trading between investors and crypto-enthusiasts. Vulcan Forged (PYR) is a company that is working on this.

    Vulcan is one of those companies that started out with being a small digital art NFT platform. Now it is a multi-dApp platform, game studio, launchpad, and a top 5 volume NFT marketplace. Second, only to Walmart, they are the busiest client on the VeChain Network, moving from a few users to thousands with just under $3m in NFT trading volume.

    The chief aspect of Vulcan Forged (PYR) which they themselves proclaim to have is the ability to remove gas and crypto for game developers using their platform. It offers good incentives to new developers to come with their idea and turn it into a game. Community members have gone on to make their games with ground-up support, including Coddle Pets, Block Babies, and GeoCats. Currently, Vulcan can be said to be an established gaming studio, eco-system, and a top-tier NFT marketplace with 1000s of users, 10+ dApps, and $3m in trading volume.

    The Vulcan BVI Company (Vulcan Forged LTD) will be the token issuer to hold and then subsequently sell them through (PYR) Initial Liquidity Offering (ILO). Their main office is to be based in Singapore which is to provide the platform with the necessary marketing, community development, overseeing game development, and overall operations.

    The native token of Vulcan Forged is PYR. It is an ERC-20 based token. PYR is to the central transferrable unit in the case settlement medium, staking (for privileges), and gaming utilities. In case of a transaction through PYR, ten percent of it will be sent to a reward pool that shall be distributed among the ecosystem contributors.

    Price Movement – Vulcan Forged (PYR)

    At the time when this article is being written, the current value of PYR is $41.27. It has a trading volume of $97,128,944 with an increase of 75.62% over the past twenty-four hours. The total supply of the coin is 50 million out of which 18,997,700.00 PYR is in circulation. It must be said that PYR has made strides ever since the Facebook announcement of rebranding itself as “Meta”. The monthly value on the first of November was $14 from where it made a jump and has the current value it has at the moment. The prospects of the coin do look bright.