CoinDesk • Jun 10, 23
SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations
Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.
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CryptoMines is not supported by Coinbase.
Market cap
-
Volume (24h)
$8,598.22
Circulating supply
-
All time high
$801.59
Price change (1h)
-0.07%
Price change (24h)
-30.76%
Price change (7d)
-25.85%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
The price of CryptoMines has fallen by 25.85% in the past 7 days. The price declined by 30.76% in the last 24 hours. In just the past hour, the price shrunk by 0.07%. The current price is $0.11 per ETERNAL. CryptoMines is 99.99% below the all time high of $801.59.
The current circulating supply is 0 ETERNAL.
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Cryptomines is a play-to-earn, sci-fi non-fungible token (NFT) game. The platform was designed with an aim to offer the users an experience full of fun by gathering spaceships and workers to travel across the universe looking for the platform’s native token, which is regarded as a life-giving mineral. The mineral enables the users to survive another day and get some profits throughout.
Cryptomines seeks to become the supreme sci-fi game created on the blockchain network. The platform aims to allow users to benefit from being a portion of a vast universe, the excitement of strategic gameplay, and earning the native token, ETERNAL.
The game on the Cryptomines platform is built on the Binance Smart Chain (BSC). Cryptomines games are conformable with Web3 wallets like Metamask, which can accept transactions and pay gas fees. Metamask is a gateway and crypto wallet for various blockchain applications. Users can install Metamask as an application or browser extension on their smartphones. The platform comprises assets that are NFTs owned by the players in the ERC-721 standard. These NFTs are traded on the marketplace of Cryptomines through a peer-to-peer network.
The gameplay is made up of several aspects:
The ETERNAL token is the native cryptocurrency of the Cryptomines platform. Players utilize ETERNAL tokens for minting characters and spaceships and expanding the lives of their workers by hiring and trading on the marketplaces of Cryptomines. The marketplace of Cryptomines also uses ETERNAL tokens as its default token. The liquidity of the ETERNAL tokens is locked, and a rate of yield of 25% is vested in the development fund for every month.
The launch of the Cryptomines platform took place in August 2021. The private sale of the ETERNAL tokens happened in September 2021, with the game release taking place simultaneously. Also, the initial liquidity offering (ILO) commenced on September 12, 2021. An ILO is a fundraising strategy through which various startups and projects raise funds by trading their tokens on the decentralized finance (DeFi) built on decentralized exchanges (DEXs) without undertaking the ICO process.
The maximum supply of ETERNAL tokens is five million.
Players in the game are required to mine ETERNAL tokens on various planets, and for doing so, they need workers and spaceships. Players have to create a fleet for traveling to new planets. The uniqueness of players’ workers determines their mining power, which eventually describes which planet they can go to. Workers can be burned, providing players with 20% of the mint cost back in the form of ETERNAL tokens. Burning in the crypto space is the process of removing tokens out of circulation that results in a reduction of the total number of coins in use. Additionally, workers have to travel the galaxy looking for ETERNAL tokens and face risks in mining them. Players facing more dangers are entitled to more ETERNAL tokens. Rewards within the game are accomplished once the fleet of the players is ready to face the risk surrounding the planets. Moreover, in the race to collect mining power, known as RAID, the explorers who successfully mine the planets with the maximum number of unused resources are rewarded abundantly.
The players receive rewards for resources they mine on planets. These rewards increase according to their fleet level and the planet they mine.
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Conversion Table
CoinDesk • Jun 10, 23
SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations
Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.
Read more
Blockworks • Jun 09, 23
Vitalik Buterin: Ethereum must adopt ‘three transitions’ to succeed
These transitions, as Ethereum co-founder Vitalik Buterin explains in his latest blog post are: layer-2 scaling, wallet security and privacy.
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Blockworks • Jun 09, 23
Vitalik Buterin: Ethereum must adopt ‘three transitions’ to succeed
These transitions, as Ethereum co-founder Vitalik Buterin explains in his latest blog post are: layer-2 scaling, wallet security and privacy.
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Decrypt • Jun 09, 23
Ava Labs Launches Avalanche Arcad3 to Help Game Studios Enter Web3
Avalanche Arcad3 is connecting traditional game publishers with crypto firms to help bring legacy IP into the fledgling Web3 gaming space.
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CoinDesk • Jun 09, 23
The Memecoin Grift and How It Threatens Ethereum Culture
If Ethereum is to grow it’ll have to mature beyond the antics of those shilling the token-of-the-moment, says Paul Dylan-Ennis.
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CoinDesk • Jun 09, 23
Bitcoin Payments Firm Strike Moves Custody In-House After Ditching Third-Party Services
The move is a “culmination of over two years of effort,” according to Strike CEO and cofounder Jack Mallers.
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Decrypt • Jun 09, 23
'Ethereum Fails' Without These 3 Changes, Says Vitalik Buterin
Without scaling solutions, secure wallets, and better privacy measures, the future of Ethereum may be under threat, said its co-founder.
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We update our CryptoMines to USD currency in real-time. Get the live price of CryptoMines on Coinbase.
The current market cap of CryptoMines is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of CryptoMines is $801.59. This all-time high is highest price paid for CryptoMines since it was launched.
Over the last 24 hours, the trading volume of CryptoMines is $8.60K.
Assets that have a similar market cap to CryptoMines include JackpotDoge, AI Musk Inu, X-MASK Coin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of CryptoMines is 0.
No, CryptoMines is not currently available on Coinbase, but you can sign up to get the latest news on CryptoMines and be notified when it gets added to our exchange.
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