B3 Token Surges to All-Time High Following Airdrop Launch
The B3 token, integral to the Ethereum layer-3 gaming network of the same name, experienced a notable surge in value on Tuesday, reaching a new all-time high. This increase followed the token’s launch and airdrop, which took place the day prior, stirring excitement among early users and builders within the community.
Token Performance and Trading Activity
As of Tuesday, the B3 token was trading above $0.016, with a peak price surpassing $0.018 earlier that day. However, by Wednesday afternoon, it had slightly decreased to $0.0161, reflecting a drop of about 11% from its all-time high. The token’s initial trading on Monday saw prices fluctuating between $0.004 and $0.005 until Coinbase announced that the B3 token was live for trading that evening, catalyzing the upward price movement.
The airdrop claim for users categorized under “Season 1,” who earned experience points (XP) or battle points (BP) in the B3 ecosystem, opened on Monday. These tokens will remain available for claiming until February 24, 2024.
Token Distribution and Future Airdrops
On its first day, approximately 20% of the total B3 supply was made available, with 11% allocated to the Season 1 airdropped tokens. The total allocation of the B3 token is 34.2 billion, set to be gradually introduced into the community and ecosystem. The platform has also confirmed that additional airdrops are planned, along with tournaments and other gamified engagement strategies to earn B3 tokens.
“This S1 airdrop isn’t just a one-time event,” the platform communicated via a post on X (formerly Twitter). ‘There will be more airdrops, tournaments, and gamified ways to earn B3 going forward.’
A Growing Ecosystem
Since its inception in 2024, the B3 gaming ecosystem has significantly expanded, currently hosting more than 80 game titles and attracting over 6 million players. It serves as a dynamic environment for developers, with notable Web3 gaming brands such as Parallel and InfiniGods actively creating content within the B3 framework. These brands are also set to introduce dedicated “gamechains,” which are customized pathways for different gaming genres.
As the B3 network continues to grow and evolve, enthusiasts and participants remain engaged with the ongoing developments, making it a noteworthy player in the rapidly expanding realm of Web3 gaming.
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For those interested in staying up-to-date with the latest news in Web3 gaming, the GG Newsletter provides insights directly from gaming studios and industry influencers, as well as exclusive updates from partners in the space.
Readers can look forward to more developments as the B3 ecosystem unfolds and new opportunities for engagement arise.
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