Price
$0.0179
8/18/2022, 8:23:37 PM
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Market

Market stats

Market cap

$2.1M

Volume (24h)

$165,405.61

Circulating supply

115.5M BMON

All time high

$0.86

Price change (1h)

+0.13%

Price change (24h)

+4.34%

Price change (7d)

-1.24%

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Binamon is on the decline this week.

The price of Binamon has fallen by 1.24% in the past 7 days. The price increased by 4.34% in the last 24 hours. In just the past hour, the price grew by 0.13%. The current price is $0.017928 per BMON. Binamon is 97.92% below the all time high of $0.86.

The current circulating supply is 115,453,949 BMON.

About

What is Binamon (BMON)?

Binamon (BMON) is a play-to-earn game introducing a metaverse of digital monsters. The game intends to encourage new traders to participate in a fun blockchain-based play and earn platform. The gameplay aims to allow newbies to earn better revenues and token rewards in several ways. For example, the platform encourages players to collect the exclusive Binamon NFTs like Enrol, Aragon Evolution, Galadriel Evolution, and Tolkien and use the tokens to progress. 

Further, BMON is the primary utility token of the multiplayer game functioning on the Binance Smart Chain (BSC). The token is hyper-deflationary and created to go up in value by making the supply of tokens scarce while increasing the demand of the same. Users can also utilize BMON tokens to purchase the Genesis Binamons or the original NFTs to avail multiple in-game features. Every Genesis NFT seeks to hold the following specific traits:

  • Class: the platform segregated the play between class 1 to 12 where users battle within the same class. Class here represents that level of rewards distributed for users.

  • Attack: attack implies the strength of a Binamon

  • Horn power: horn power refers to the capacity of the Binamon to defend and withstand the attacks

  • Element: elements are mostly responsible for upgrading the NFTs with unique features like water, forest, light, fire, psychic, and quantum

  • Power: higher power represent better quality NFTs 

Besides, every characteristic seeks to enhance the performance and strength of the Binamons in the gameplay. Hence, the platform claims that in this way market value and the price of the digital monsters also increases. Binamon seeks to allow players to earn more cryptocurrencies by farming the tokens in reward pools and adding liquidity to the Binaverse. Holders can utilize BMON to stake and earn more token rewards in the long run. Apart from staking, users can seek to earn exclusive BMON-Z1 tokens every day on the platform by using BMON tokens to play on Planet Crypton monsters. Players can also trade the BMON token to acquire energy tokens (BNRG) and purchase energy NFTs. Energy NFTs are Binamons with better strength, enabling the fusion of two Binamons. BMON aims to reward players by encouraging them to participate in battles using the gathered Binamons and win additional tokens. Binamon (BMON) game seeks to enable users to trade the tokens and NFTs in the marketplace for increased earnings. Lastly, Binamon plans to bring forth MOBA multiplayer game, an upgraded 3D metaverse allowing users to explore new planets, trade, and play.

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