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Magic Beasties (BSTS) Token Popularity Skyrockets Together With NFTs

·2 min read

DeFi, meme coins, NFTs, metaverse – everything is booming across the cryptocurrency industry, which is leading to projects creating new solutions that come to play into such fields. One of the projects that had joined such a bandwagon is Magic Beasties.

The blockchain game could be another one that could attract any gaming enthusiast and specifically those who want to deal with NFTs. In fact, the game, which features some characters dubbed “Magic Beasties,” runs on Binance Smart Chain (BSC).

Not The Common Earn-To-Play Token

But the project goes beyond its in-house token, BSTS, which presents itself in the crypto sphere as a hyper-deflationary one used in the in-game store to buy Besties and other items.

Since its launch on September 6, 2021, the token had experienced an astonishing rise in its price action, as the price started exchanging hands at $0.00000091 and now hovers at $0.00005283, having skyrocketed by 104.76% on a daily basis as of press time.

According to CoinMarketCap, the fully diluted market capitalization stands at $52 million, approximately a daily volume of $5.3 million.

BSTS Token’s Impressive Gains On A Weekly Basis

The main attraction of Beasties Online and thus its token is that the game allows collecting NFTs with a wide variety of content. In addition, the play-to-earn multiplayer game offers Dungeons, Raids, and NFT marketplace, among others, which enables users to take advantage of the ongoing NFT hype.

In a single week, BSTS token – native crypto of such gaming ecosystem featured by ultra-rare monsters – gained over 80% during some days, having accounted for a surge of over 328% according to its weekly performance.

Its adoption could skyrocket further as Christmas time looms and the project is set to launch unique, limited versions of its Beasties during the holidays.

For the first half of next year, Magic Beasties will launch its beta version 1.0 and run a marketing campaign that could even bolster its popularity, aligned with a soaring NFT market.

This article was originally posted on FX Empire