Pirate Nation Token Surges on Coinbase as Attention Shifts to Another Undiscovered Gem
The recently released token for the popular play-to-earn (P2E) RPG game Pirate Nation, known as Pirate Nation Token (PIRATE), has had a remarkable start, boosted by listings on various exchanges, including Coinbase. Now, all eyes are on another hidden gem called Play Doge.
As reported by DEXTools, PIRATE’s price has skyrocketed to $0.35, marking a significant increase from its initial price of around $0.12. The token made its debut on Coinbase and other major exchanges on Thursday, signaling a promising future for the game’s expansion.
With a market cap approaching $100 million and a fully diluted market cap exceeding $350 million, PIRATE is now accessible to a large number of new retail investors. Nearly half of the token’s supply is being distributed to the user community, with only players and collectors currently able to claim their PIRATE tokens.
With a rapidly growing community of over 176,000 Twitter followers, Pirate Nation is poised for further growth, potentially propelling the PIRATE token to new heights. If it establishes itself as a market leader in the P2E sector, it could reach a market cap of over $1 billion.
Despite its current market cap being below $100 million, PIRATE still holds significant potential for a 10x increase from its current value. However, investors seeking quick gains in the P2E cryptocurrency sector may want to explore other emerging tokens.
One such promising coin is Play Doge (PLAY), a meme coin with P2E utility that powers an engaging mobile game. Despite being in the presale phase, PLAY has already raised close to $4.3 million since its launch a few weeks ago. With a starting price of $0.00508 and a market cap of around $50 million, PLAY has the potential to be a standout performer in the meme coin space.
Investors are advised to exercise caution when dealing with cryptocurrencies, as they are high-risk assets. This article is for informational purposes only and should not be considered investment advice. Capital loss is a possibility in crypto investments.