Where to buy the trending League of Kingdoms Arena MMO strategy game LOKA token

The native token of the popular blockchain-based Massively Multiplayer Online (MMO) strategy game League of Kingdoms Arena, the LOKA coin, has been trending since yesterday after the first NFTs items of the game were listed on eBay.

To assist traders, investors, and gamers purchase the LOKA game token, Coinjournal has created a brief article identifying the best platforms where to buy the token while also providing LOKA price prediction.

To find out more, please continue reading.

Best places to buy LOKA coin

What is LOKA token?

LOKA token is one of the native tokens of League of Kingdoms, which is a blockchain-based Massively Multiplayer Online (MMO) strategy game.

League of Kingdoms allows gamers to earn real income through in-game activities. Gamers build kingdoms, raise armies, form alliances and compete for power and wealth on battlefields.

Besides being an MMO game, the League of Kingdoms also supports player-versus-player (PvP) and player-versus-environment (PvE) gaming models.

The LOKA token is the governance token of the League of Kingdoms game and holders can take part in the decision-making process, and use the token to purchase in-game items and earn staking rewards through staking.

The other native token of the League of Kingdoms game is called Dragon Soul Token (DST) and it is a utility token. The DST is used for breeding dragon-like in-game characters.

Should I buy LOKA today?

If you want to add a blockchain-based MMO game token to your crypto portfolio, the LOKA token could be a good choice especially now that its price is rising after the listing of League of Kingdoms game NFT items on eBay.

However, you should be aware of the fact that the cryptocurrency market is extremely volatile and extreme sudden market swings are possible.

LOKA price prediction

LOKA coin is currently retracing from yesterday’s high after registering a monster bull run following the news of the listing of its NFT items on eBay. All eyes are now on the $0.60 price level, which analysts believe if bleached could see the token dropping to its previous lows.

If it rebounds above $0.6, analysts expect the token to retest prices above $0.65.

$LOKA social media trends

The post Where to buy the trending League of Kingdoms Arena MMO strategy game LOKA token appeared first on CoinJournal.

Why is Avalanche up by more than 13% on Tuesday?

Avalanche is the best-performing cryptocurrency amongst the top 50 cryptocurrencies by market cap.

AVAX, the native token of the Avalanche blockchain, is up by more than 13% over the last 24 hours. Thus, making it the best-performing cryptocurrency amongst the top 50 cryptocurrencies by market cap.

AVAX’s positive performance comes as the broader crypto market recovers from its poor start to the week. The broader crypto market is up by more than 4% in the last 24 hours, taking the total crypto market cap close to the $1 trillion mark.

Bitcoin is now trading above $20k once again after adding more than 3% to its value over the last 24 hours. Ether, the second-largest cryptocurrency by market cap, is close to the $1,600 resistance point after rallying by nearly 10% today.

There is no immediate catalyst behind AVAX’s ongoing positive performance. AVAX has recorded huge losses in recent days and is simply recovering from the slump.

Despite today’s rally, AVAX is still down by more than 9% over the past seven days, indicating that the bearish momentum is not yet over.

Key levels to watch

The AVAX/USD 4-hour chart is still bearish despite Avalanche adding more than 13% to its value today. The technical indicators show that AVAX is recovering from its recent slump.

The MACD line remains below the neutral zone, indicating bearish momentum. However, with the bulls now in control, AVAX’s MACD line could move into the positive region in the near term.

The 14-day relative strength index of 49 shows that AVAX is no longer in the oversold region. However, AVAX would need to rally higher to enter the overbought territory.

At press time, AVAX is trading at $20.34 per coin. If the bulls continue to be in charge, AVAX could rally past the $23.02 resistance level before the end of the day. 

Unless there is an extended bullish run, the second major resistance point at $26.29 should cap further upward movement in the near term.

The post Why is Avalanche up by more than 13% on Tuesday? appeared first on CoinJournal.