Moonkarts:: Checking on #COLONY & #SCRIPT Tokens Market - My Strategy Ahead...

in Hive Gaming14 hours ago (edited)

Hey All,

I guess many of you might already be aware of this new game on the Hive Blockchain, that goes by the name MoonKarts. Incase not then I would encourage you to explore the game refer my first post around it - Moonkarts: Exploring the GAME - Bought GOLD FOIL Cart & Driver - All set to PLAY the GAME. Precisely the game is kart racing genre through the lens of blockchain technology, offering a 3D play-to-earn gaming experience that is both enjoyable and financially rewarding the governance token of the game which is #COLONY...

#COLONY & #SCRIPT Tokens Market - My Strategy Ahead...

TribaldexIn this post today we are going to explore the governance token #COLONY and #SCRIPT which is another in game token that is pegged to a dollar. In the above image that is taken from you can get 1K #COLONY tokens for around 1.5 #HIVE only so that's really cheap at the moment. And now lets look at the RICHLIST for both these tokens i.e. who is holding #hodls the most of these tokens.

From the above two images you can clearly see the top 10 holders for both these tokens and apart from arcadecolony account which has the maximum number to tokens holding the other players number holding is around 5+ Million for #COLONY tokens and 23K+ tokens for #SCRIPT. My point here is check on holding pattern for the tokens here. Ok now lets have a look at the trading volumes here. To start with #COLONY it has a trading volume of around $200+ dollars and for #SCRIPT there is no much movement going on at the moment. So what we can make from here is that folks are more interested in trading the #COLONY token as opposed to #SCRIPT and maybe would also be using the bought COLONY tokens to swap it for #SCRIPT that could also be the case. Now coming to my part of the strategy then right now I am focused on accumulating the #COLONY tokens. As stated in my previous post around MoonKarts then my target is to have 500K+ COLONY tokens and stake them all. Right now I have around 101K+ COLONY staked on the platform. And here is the snapshot taken from the arcadecolony platform.

"Moonkarts:: Checking on #COLONY & #SCRIPT Tokens Market - My Strategy Ahead......"I have 32 COLONY tokens ready to be claimed which I am getting for staked #GLX and #SPS rewards. I have a decent amount of these tokens staked as well which is getting me #COLONY tokens on a daily basis and when I claim the tokens I put it back to the staking pool to earn more rewards overall. The plan ahead is to continue doing so and look for opportunity in buying #COLONY token in bulk at the right time. For the SCRIPT token I haven't given a thought, I do #hodl around 50+ SCRIPT tokens but right now I am not in favour of accumulating more of these. Incase I need it then I can definitely swap my COLONY tokens for SCRIPT. Or incase need arises for buying the in game assets then I definitely can leverage the internal market to buying the SCRIPT token and move it to the game to do the needful. Ok I guess this should be it for todays post around - And before I end, I would say that so far my experience with the game has been wonderful and I right now my plan is to accumulate as many #colony and #sciprt tokens of the game and more about in the next post so stay tuned. Happy Investing and Gaming... Moon Karts here I come... cheers...

Have Your Say on Moon Karts Game - COLONY & SCRIPT Tokens

Did you happen to explore the game Moon Karts? Did you check on the Airdrop #COLONY tokens? How was your experience playing the game? Buying Vs Selling #COLONY? Would love to hear your thoughts around it in the comment box below?

Moonkarts:: Checking on #COLONY & #SCRIPT Tokens Market - My Strategy Ahead...

#moonkarts #colony #script #play2earn #racing #crypto #web3games #arcadecolony #racenow #invennium

Best Regards

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Image Courtesy:: moonkarts, arcadecolony, tribaldex

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..

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