Investors are flocking to
League of Kingdoms Arena (LOKA) as they see potential in its offering. Beyond being a gaming platform,
LOKA recently embarked on crypto-oriented initiatives that attracted institutional investors, such as the launch of a
Bitcoin mining pool. This enterprise, supported by
Hashlabs, offers a solution to the $10B Bitcoin mining liquidity crisis. In addition,
Binance, one of the most renowned digital currency exchanges in the world, listed
LOKA on its platform, triggering a considerable price spike. They further launched a perpetual contract for
LOKA with 75x leverage.
Loka Mining and
Hashlabs have collaborated to establish a decentralized liquidity pool, tempting more players to join the crypto mining market. The newly formed alliance proposes a promising future for Mining industry with the use of Bitcoin's DeFi capabilities. Thereβs a rising expectation for a Bitcoin price rally among mining experts, mitigating the impact of the all-time high mining difficulties. Meanwhile, the fever around the
LOKA token gains further heat as it showed a massive surge in user base growth, earning a spot in the top 12 gaming crypto coins to invest in 2024 and scoring a listing on
Changelly. The rewarding play-to-earn system of
League of Kingdoms game and the rising popularity of
metaverse NFTs hint at a promising future.
LOKA Coin News Analytics from Wed, 29 Sep 2021 07:00:00 GMT to Tue, 01 Oct 2024 07:00:00 GMT -
Rating 8
- Innovation 9
- Information 6
- Rumor 1