At the present time, cryptocurrency has one more remarkable performer In the Slot games, there is the token called Super Champs – CHAMP. At present, the global ranking of CHAMP in the portfolio of DIGITAL CURRENCIES is #3093, it has been traded at $0.01581 with a change rate of 2.74% during the last one day. Such movements have attracted investors and the gaming community members to the Super Champs ecosystem.
CHAMP has a market capitalization of $14.03 Million in value as of today, which shows the position of this token in the sphere of crypto gaming. Its fully diluted valuation or FDV remains slightly higher at $ 15,810 110, hence the possibility of growth. CHAMP does show relatively frequent trades with a 24 hour volume of $1.03 million indicating market engagement however with a volume/market cap ratio of 7.64% the currency is not particularly liquid compared to others or even some of the larger tokens.
The project founder, Joyride Games, must become a leading provider of Web3 gaming solutions today to launch the Super Champs project. Contained within are two now-defunct mobile games known as Racket Rampage and Bullet League, which are sports games with RPG and blockchain components. These games for IOS and Android platforms are developed in a universal manner that does not require much expertise in Web3.
As we have seen in the case of Super Champs, the Utility and function of the CHAMP token are as follows: It is used for buying items within the games, helps to support community rewards, and also allows voters as a token to decide on the project’s further evolution. This versatile tool is designed to build a stable feedback environment, allowing players to participate, be rewarded, and participate in the platform’s development.
CHAMP is a deflationary token with a total circulating supply capped at 1 billion tokens, of which, at the time of writing, it is approximately 885.40 million tokens. The realization rate of 88.54% displayed an indication of reasonably widespread use amongst users and investors. Thus, ownership on the basis of a fixed maximum supply also adds the concept of scarcity, which, if put against a backdrop of demand for a token, can increase the value of that token.
Last year alone, Super Champs has been quite proactive in creating awareness in its community through various activities. The project only recently introduced a rewards system known as Quest Points that users accrue completing tasks that allow them to vie for CHAMP tokens. Also, the “Super Champs GameFi Ark-ade” campaign in collaboration with ByBit presents the participants with a possibility to get 1 million CHAMP tokens.
As with character design, the goals of the project are vast and include animated series, comics, and physical merchandise. This diversification strategic plan intends to extend the tentacles of Super Champs to embrace an immense media franchise.
The main recommendation for potential investors interested in CHAMP is that they should do so with great caution, as with any cryptocurrency investment, especially in the gaming industry, which is undoubtedly very volatile. Although there seems to be an uptick in the latest tokens and ecosystems, the future of the token will be determined by the expansion and integration of the Super Champs platform.