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Developers of the Telegram game Farm Frens have announced a snapshot date of January 20 at 3:00 AM UTC to determine eligibility for an upcoming token airdrop on the Ethereum layer-2 network Base. Players can enhance their rewards by accumulating in-game currencies NUTS, DIRT, and DUNG before the snapshot, which will also consider holders of specific NFTs from the related game Everseed. Further details regarding the airdrop are expected soon.
The crypto gaming landscape is thriving, highlighted by Hamster Kombat's plans for a layer-2 network on The Open Network following a successful DAO vote. Meanwhile, Off the Grid has garnered multiple Game of the Year awards and is set to expand its ecosystem in 2025. Illuvium is shifting focus to prioritize one game at a time, starting with Illuvium Arena, while airdrop season is in full swing, rewarding early users with new tokens.
Ethereum ETFs experienced a significant inflow of $151 million, continuing a 16-day positive streak, while Bitcoin ETFs added $494 million. Analysts speculate that a potential Trump administration could boost demand for staking in Ethereum ETFs, contributing to institutional interest. Despite recent inflows, both Ethereum and Bitcoin saw a 3% price drop, with ETH trading at $3,835.
Fartcoin (FARTCOIN), a meme coin inspired by flatulence, has surged 13% in 24 hours, reaching a price of $0.933 and nearing a $1 billion market cap, despite a broader downturn in the crypto market. In contrast, Dogecoin (DOGE) has fallen over 5% to a weekly low of $0.383, alongside other major meme coins like Shiba Inu and Pepe, which also experienced declines. The rise of Fartcoin highlights a growing interest in AI-related meme coins, with a notable 154% increase over the past week.
TapSwap, a popular tap-to-earn game on Telegram, is set to launch its TAPS token and airdrop in late January 2025. Players can earn points by tapping a gold coin, completing tasks, and using boosts, with engagement determining airdrop eligibility. The game will evolve into a skill-based platform with competitive tournaments post-launch.
Tomarket, a popular Telegram game, is shifting its token launch from The Open Network (TON) to the Aptos blockchain, with the TOMA token set to debut on December 20. The game, which boasts 50 million users, will conduct an airdrop for players meeting specific criteria. Meanwhile, TapSwap plans to launch its TAPS token on TON in January 2025, offering rewards based on player engagement.
A hacker spread false news claiming that Philip Banks, creator of the "Just a Chill Guy" meme, had licensed his intellectual property to the Solana-based CHILLGUY meme coin, causing its value to surge by 22%. However, the announcement was quickly debunked, leading to a 25% drop in the token's value within 30 minutes. Banks later clarified that the posts were fraudulent and vowed to take legal action against those profiting from his art.
The ME token, launched by the ME Foundation for users of the Magic Eden NFT marketplace, saw airdrop demand exceed $700 million, leading to significant price volatility. Despite initial trading peaks above $13, many users faced challenges during the claim process, with complaints about its complexity and errors. As of now, the token is priced at $5.64, with a market cap of $738 million, while top traders capitalized on the airdrop, making substantial profits shortly after launch.
Coinbase's recent listing of meme coins Gigachad (GIGA) and Turbo (TURBO) led to immediate price surges of 37% and 15%, respectively. However, the market remains volatile, as seen with Dogwifhat (WIF), which saw its market cap plummet by $1.2 billion in just three days following its launch on major exchanges. Despite the initial excitement surrounding exchange listings, experts suggest that these events often result in short-term gains followed by sell-offs.
Mobile shoot 'em up game Zoppel: The Legend of Furiax is set to launch its alpha test on the Skale network on December 15, marking the beginning of a collaboration between Skale Labs and Sequence to enhance blockchain gaming. Following Zoppel, additional games like Sheertopia and The Last Monarchy will also be supported by this partnership. Meanwhile, CCP Games is offering early access packs for its upcoming space survival game, Eve Frontier, allowing players to engage in its development starting December 10.
Logan Hitchcock
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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