Ethereum (ETH) has fallen significantly since April following market-wide bearish sentiments. While this altcoin struggles with the bears trying to pull it below $3k, Cosmic Kittens (CKIT) is attracting investor attention with its presale action. Read on for more information on this fast-rising newcomer as ETH struggles to regain its lost glory.
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Ethereum (ETH) Falls in Q2 2024.
There was an upward trend in the value of Ethereum (ETH) in the first quarter of 2024. Yet, this altcoin has fallen by 18.4% in the past few months to trade at $3,311.34, with a market cap of $406 billion.
On March 12, 2024, Ethereum (ETH) hit a new peak of $4,067 after months of lingering around the $1,800 region. This peak was the result of ETH’s bullish momentum in 2024. Naturally, this rise in the value of this altcoin led to an increase in supply, which may have affected the value of this altcoin.
Following the Dencun Upgrade on March 13, 2024, Ethereum (ETH) declined from its new peak within a week. This upgrade, which was supposed to bolster the Ethereum (ETH) market and introduce lower transaction fees, didn’t succeed. Whale transactions have also drastically decreased since, with the value of ETH making sideways movements.
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Cosmic Kittens (CKIT) Plans to Top Crypto Gaming Industry
New players are gaining interest in crypto games daily as the global blockchain gaming market continues expanding. There are predictions that the blockchain gaming market, valued at $4.83 billion in 2022, will grow by 68.3% from now till 2030. It is in such climes that Cosmic Kittens (CKIT) is making its debut to bring a better game for players.
Cosmic Kittens (CKIT) is a crypto game where players embark on a galactical adventure with their feline companions. These kittens are said to possess otherworldly powers that boost their value. This cryptocurrency project took a page from some of the most successful gaming franchises in history to ensure its game is successful. This includes Nintendogs, Digimon, Tamagotchi, and Pokemon.
Following the style of Tamagotchi, your otherworldly kittens stay in top shape with constant care and attention. So, gamers will play with these felines like real cats and groom them to look beautiful. These kittens can also grow and evolve based on their experiences on the journey, similar to Pokemon. There is also selective breeding, where two strong pets breed to produce offspring.
CKIT coins are the native tokens of this gaming universe, and they power every transaction. After a hard day’s work, there’s no reason that your kittens shouldn’t rest, so Cosmic Kittens (CKIT) lets you build a sanctuary for them. This is in tune with Nintendogs, and with the right amount of native coins, you can revitalize your kittens in a mansion. Gamers can sell these assets for extra cash. They can also participate in token staking, an initiative that increases their P2E potential of belonging to the Cosmic Kittens’ (CKIT) GameFi ecosystem.
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Excitement Grows as Cosmic Kittens’ (CKIT) Presale Gets Underway
The Cosmic Kittens (CKIT) crypto presale has already kicked off, offering the opportunity to acquire 43% of its total supply. With news that Cosmic Kittens’ (CKIT) game is already being developed, investor confidence in the project has soared.
Furthermore, news that the game could be complete by the end of its presale has increased investor excitement. Investors who join its presale now can acquire the token at a low price of $0.0055 per coin. The ongoing 20% bonus for CKIT purchases has increased the lucrativeness of buying CKIT now.
For presale participants only: 700 NFTs at 0.02 ETH, with the price rising to 0.04 ETH post-launch. To be among other early participants in CKIT’s presale, click the links below.
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