‘Heroes of Mavia’ Ethereum Game Token Crashes Two Days After Hitting All-Time High

They have game symbols It arose in recent daysBut not all of them could sustain the ups and downs. Case in point: MAVIA, the recently launched Mobile strategy game Heroes of Maviahas fallen sharply over the past two days after setting new all-time highs.

According to the data, MAVIA dropped by more than 5% to $8.00 per day CoinGeckoAnd the latest drop accelerated from a total of 24% dip Ethereum The token rose to a new high of $10.59 on Sunday.

Heroes of Mavia is a base building strategy game for iOS and Android similar to Clash of Clans, albeit with planned crypto elements that have yet to be integrated. The Skrice Studios game also implements the MAVIA token for certain benefits NFT Grounds are sold out long before the games start in early January.

MAVIA's latest spike comes at a time when game tokens are expanding, tied to those Xai (XAI) and Radiation (BEAM) Gaming Networks also sets all-time highs with NFT Trading Card Game Parallels (PRIME)—GG's choice for The best game of the year 2023.

The controversy came after Skrice revealed a. Detailed road map For the game, this includes implementing some of the aforementioned crypto elements into the game, adding other game features, and extending additional MAVIA rewards to NFT landholders. The heroes of Mavia will soon announce a yet-to-be-announced Ethereum large-scale network to implement such crypto components.

The recent change in MAVIA may reflect investors and receivers cashing in on higher token prices. Even with the current price drop, MAVIA has jumped 338% in price since launching at $1.83 two weeks ago. The token saw a transaction volume of $99 million in the previous day—8th among gaming tokens, per CoinGecko.

Heroes of Mavia targeted a large audience with the airdrop. Offering a token request to 100,000 previous players with NFT landowners who have participated in previous campaign campaigns. According to Skrice, the game has amassed more than 2 million total downloads so far, with 278,000 daily active users as of Saturday.

Edited by Ryan Ozawa.