Illuvium is an innovative blockchain-based gaming platform that combines decentralized finance with an immersive virtual world. The project offers a fully-realized 3D open-world RPG experience where players can capture and battle creatures known as Illuvials. With its unique play-to-earn model and captivating graphics, Illuvium is drawing interest from both gamers and cryptocurrency enthusiasts alike.
Illuvium (ILV) serves as a groundbreaking project in the world of blockchain gaming. As a decentralized, open-world RPG, it integrates intriguing elements of capture and battle with unique creatures known as "Illuvials". This fusion of gaming with cryptocurrency has positioned Illuvium as one of the pioneering projects in the metaverse and blockchain entertainment space.
Illuvium saw its all-time high (ATH) on November 30, 2021, when it reached a staggering $1911.26. However, like many cryptocurrencies, it has undergone significant volatility since that peak. As of the last update, the coin trades at approximately $36.89, marking a dramatic decline of over 98% from its ATH. Despite this, Illuvium remains significantly above its all-time low of $29.23, recorded on June 22, 2021, indicating some market resilience.
One of Illuvium's primary strengths lies in its innovative integration of gaming and blockchain technology. With its visually appealing design and diverse gameplay features, Illuvium can attract a wide audience of both gamers and crypto enthusiasts. Additionally, its deflationary tokenomics, which involve burning ILV tokens to decrease supply over time, could potentially lead to price appreciation as demand rises.
The project's ecosystem is further bolstered by a strong community presence and a dedicated team focused on continuous development. This positions Illuvium well for long-term growth within the rapidly expanding metaverse market.
However, investing in Illuvium is not without risks. The extreme volatility observed in the crypto market and the speculative nature of gaming tokens can lead to substantial price swings. Moreover, the success of Illuvium hinges largely on its ability to capture and retain a substantial user base, which can be challenging in the highly competitive gaming industry.
An additional concern is the emerging regulatory scrutiny on cryptocurrencies globally, which could impact Illuvium’s operations and market performance. Investors should consider these factors and conduct thorough due diligence when evaluating potential investments in ILV.
Looking ahead, Illuvium has strong potential to grow within the blockchain gaming sphere, especially as more players join its ecosystem and as the metaverse gains broader adoption. Its ongoing developments and updates provide it with considerable room for expansion and improvement.
As new partnerships are formed and additional features are introduced, Illuvium may enhance its appeal and solidify its position as a leader in the crypto gaming domain. Nevertheless, it's crucial for investors and enthusiasts to stay informed about developments within the project and the wider cryptocurrency market to make informed decisions.
In conclusion, Illuvium represents a fascinating intersection of gaming and cryptocurrency with promising prospects, despite challenges and the need for careful investor consideration. With technological advancements and a solid community backing, it could well pave the way for future successes in both gaming and blockchain sectors.
For more detailed information on Illuvium, interested parties can view the whitepaper and visit the official website or engage with the community on TikTok.
from price
$35
|
General Information |
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Title
Illuvium
|
Symbol
ilv
|
Whitepaper
|
Website
|
Community
|
Last Updated
2025-01-21 23:51
|
Price Data |
Current Price $
34.62
$
|
High 24h
35.33
$
|
Low 24h
32.31
$
|
Price Change 24h
0.954677
$
|
Price Change % 24h
2.83612
%
|
Market Data |
Market Cap
252626768
|
Total Volume
20822463
|
Market Cap Change 24h
5089187
|
Market Cap Change % 24h
2.05592
%
|
Return on Investment (ROI)
-
|
Supply and Availability |
Circulating Supply
7290908.7466859
|
Total Supply
9598689.7363448
|
Max Supply
-
|
Historical Data |
All Time High (ATH)
1911.26
|
ATH Change %
-98.18686
%
|
ATH Date
2021-11-30 15:18
|
All Time Low (ATL)
29.23
|
ATL Change %
18.57147
%
|
ATL Date
2021-06-22 14:11
|