Ancient8, an Ethereum-based gaming altcoin, has recently experienced a 50% increase in value after being listed on the popular US crypto exchange platform Coinbase. This sudden listing has brought attention to the project and has caused its value to skyrocket. Coinbase announced the listing on their social media platform, X, and indicated that Ancient8 is now available for trading with an experimental label.
According to the Ancient8 official website, the protocol utilizes Ethereum scaling solution Optimism’s blockchain to enhance performance and reduce fees when developing games. By leveraging OP Stack Layer2 tech, Ancient8 is able to provide blockchain games with the benefits of Ethereum at a lower cost without requiring any code changes. The project, which launched its testnet in 2023, currently offers five games including Onchain Clash, Omnizone, MasterDuel, Wee Pepe, and DeWorld.
Looking towards the future, Ancient8 aims to enhance network decentralization and cultivate a strong gaming community. The project envisions a Web3 gaming landscape where decentralized technology and community collaboration work together seamlessly. This vision has resonated with investors and users, leading to a surge in interest and value for the Ancient8 token.
Following the news of its listing on Coinbase, Ancient8 experienced a significant price increase, with the token going from a 24-hour low of $0.172 to a high of $0.261, marking a 51% jump. Despite a subsequent correction, with the token currently trading at $0.194, the overall sentiment towards Ancient8 remains positive. Investors and users alike are excited about the project’s potential and the opportunities it presents in the gaming and blockchain space.
As Ancient8 continues to gain momentum and expand its offerings, the project is poised to play a significant role in shaping the future of decentralized gaming. With a focus on network decentralization and community collaboration, Ancient8 is paving the way for a new era of Web3 gaming where decentralized technology and gaming innovation go hand in hand. With its unique approach and commitment to excellence, Ancient8 is a project to keep an eye on in the ever-evolving world of cryptocurrency and blockchain technology.
