The crypto market is currently buzzing with activity as Bitcoin hovers around the $95,400 mark. Still, the real stars of the show are several gaming and social tokens like BitBoard (BB) and Clash of Lilliput (COL), which have produced jaw-dropping 24-hour increases.
BitBoard (BB) has witnessed a staggering surge of 104% in the last 24 hours alone, with the current trading price perched at $0.006162 up from a prior low of $0.002903. The past week has seen BB’s price pump by a remarkable 760%, and a 4,200% growth rate over the last 30 days.
BitBoard defines itself as “a space for stars and fans that offers an online fandom service.” Intriguingly, despite these significant price movements, no notable announcements or developments have come from the project that could be linked to such drastic price increases. Current speculation suggests that the surge may be more market-driven than a result of fundamental changes.
Another token stealing the spotlight is Clash of Lilliput (COL), which has jumped 64.3% in the past 24 hours, from $0.2546 to $0.419 before receding to approximately $0.2874 at the time of press.
COL serves as a gaming token for an “LG game based on the scenario of a race of miniature people building a tribe to help their survival and prosperity”. Recent price spike coincides with an announcement about an expansion of token utility within the game ecosystem. Users can now use COL to hasten upgrades, purchase items, and trade pets & gear. Furthermore, they can earn rewards based on their battle rankings. This enhanced in-game token utility seems to be the driving force behind the users’ interest and demand.
Meanwhile, TROLL has climbed 52.3% over 24 hours, from $0.01996 to $0.03373. Despite the substantial gains, TROLL remains a relatively new project with no clear developments or announcements that would explain the price surge. It’s currently up by 20.2% and trading at $0.03106.
The fourth coin on the list is ArcBlock, which has gained 40% in the last 24 hours, trading at $1.15 from $0.817. ArcBlock’s price movement appears to be connected to a specific product announcement. The project recently unveiled ArcSphere, described as “a different kind of browser”, although specifics regarding its functionality and features have yet to be disclosed.
While these smaller tokens are posting big gains, Bitcoin (BTC) has pulled back below $96,000. The overall crypto market cap has also seen a slight dip of 0.9% from yesterday’s $3 trillion to $2.97 trillion as per CoinMarketCap data. As the crypto landscape continues to evolve rapidly, it’s clear that the game is not just about Bitcoin anymore, with gaming and social tokens becoming significant players in the market.
