As the omnipresent world of cryptocurrencies continues to evolve, a new name that is becoming popular amongst investors and gamers is present. The crypto gaming industry has acquired something new – DARTTIMES represented by native crypto token TIMES – and it is shaking things up. In the last 24 hours TIMES is trading at $0.02852 with a gain of 2.59%.
As of this day, DARKTIMES has been gaining a sweet spot in the cryptocurrency listings and is spotted at place #3378 in the overall ranks, with a market capitalization of $2.47 million. This cements it squarely in mid cap territory, implying that there is a healthy tick and a bit more to come. The project has witnessed an immense spike in its volume with a 92.62 per cent+ increase in last 24 hours and is sitting on a total volume of $189,384.29. Investors has increased interest in trading activity and we might see more price movement.
Investors have long valued the volume to market cap ratio, which for DARKTIMES is 7.68%. The high ratio implies that the token has good liquidity for its market which should help traders get into and out of positions without moving the price much.
Of interest are the supply dynamics of TIMES. There’s a lot of tokens yet to get into circulation, with self reported circulating supply of 86.44 million TIMES which corresponds to 8.64% of the total supply. The total of 1 billion TIMES will also be the maximum supply cap. The fixed supply model seeks to add scarcity over time, leading potentially to an increase in value of each token, as demand rises. The fully diluted market cap, which counts the total supply, is $28.52 million, which means it’s the theoretical market value if all tokens were in circulation.
It would seem that DARKTIMES is there at the intersection of blockchain and gaming, a sector that has grown phenomenally in the last few years. As the gaming industry integrates with cryptocurrency, it has provided new avenues for in game economies, digital ownership and rewards. While specific details about DARKTIMES’ gaming ecosystem are still emerging, the project’s focus on this sector could be a significant driver of its value proposition.
More and more, investors and gamers alike flock to cryptocurrencies that have utility within gaming environments. They can be a currency that can be used by players to spend in the game, something that can be spent through the game or governance tokens that can allow holders to participate in decisions related to game development. Because of the relatively low price point of TIMES, it’s an affordable investment for many investors, both retail and institutional, including small investors and large players doing some diversifying.
Of course, anything cryptocurrency related is up to individual diligence, so approach DARKTIMES the same way. Crypto market is well known for its volatility and sometimes, newer projects can react rather intensely to quick price movements. Before taking an investment decision on any project, potential investors need to deeply look at project roadmap, the development team, partnerships and technological innovations.
With the recent TIMES price increase and volume ramp and signs that the project could be undergoing positive developments or that the broader crypto community is starting to pay attention, they may indicate good things to come soon. With gaming and cryptocurrency industries continuing to converge, projects like DARKTIMES that join the two could pave their way to success in the future.
The future of DARKTIMES, like most blockchain games, will hinge, however, on whether or not it can deliver an engaging gaming experience infused with blockchain technology that sells. The ability to attract and retain the users, form strategic partnerships and continue to innovate will be key to whether this project will be sustainable in the ever competitive crypto gaming field.
DARKTIMES is an interesting concept for anyone interested in the intersection of gaming and blockchain technology, as we push forward into the evolution of the digital asset space. However, for all cryptocurrencies, its current market position, supply metrics, and recent performance indicate the potential for growth, but of course along with any cryptocurrency.
Finally, DARKTIMES and its TIMES token are flourishing in the crypto gaming business. Recently, the crypto community has looked towards the alt, which has seen an uptick in trading volume and a strategic positioning in a rapidly growing market segment. It will be interesting to see whether DARKTIMES is able to carve out it place in the noisy and ever changing world of cryptocurrency and blockchain gaming as the project develops and more information becomes available.
