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Binance Starts Minting True USD (TUSD) as TRU Price Explodes

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Binance Starts Minting True USD (TUSD) as TRU Price Explodes

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Binance has started minting True USD (TUSD) in response to a US regulatory crackdown on its own stablecoin BUSD.

On Feb. 16, the world’s largest crypto exchange minted 50 million TUSD, according to blockchain sleuths. True USD was launched in 2018 and listed on Binance in May of that year.

TUSD is the sixth largest stablecoin but a minnow in the ecosystem, however, with a market share of less than 1% from a circulation of $973 million. Since the beginning of this year, TUSD circulating supply has increased by 29%.

Binance Seeks Alternatives

Last week, BUSD issuer Paxos was issued a Wells notice by the SEC, signaling the regulator’s intention to take enforcement action. The New York-regulated firm has since announced that it will halt BUSD minting on Feb. 21.

There was a rush of redemptions following the news, and Binance has now started looking at alternatives. The company did state that its stablecoin was fully backed and will still be supported.

Lookonchain also revealed that Alameda had minded $1.6 billion in TrueUSD, and Justin Sun minted $889 million of the stablecoin in history.

Since the regulatory action against BUSD, its market capitalization has declined by 15%, or around $2.4 billion. It currently has a supply of $13.7 billion, giving it a market share of 10%.

Prior to this week, BUSD was responsible for more than a third of all trading volume on Binance.

TRU Price Surges

Crypto degens have mistakenly connected TUSD with the DeFi platform True Finance. However, True USD issues and the DeFi platform were separated and are no longer connected.

TrustToken sold TUSD in 2020 to an Asia-based conglomerate called Techteryx. Furthermore, in June 2022, TrustToken separated from the TrueFi protocol and was renamed Archblock.

TRU prices exploded more than 200% to hit an intraday high of $0.135 from a low of $0.044. The DeFi token is currently trading at $0.087 as the FOMO fades and degens realize there was no connection between the two.

Additionally, trading volume for the token surged from around $2 million to $250 million.

TRU has been hit hard in the bear market, as most DeFi tokens have. It is currently down 91% from its August 2021 all-time high of just over a dollar.

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Picture Of A Rock Just Sold For $235,000 On Ethereum

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Picture Of A Rock Just Sold For $235,000 On Ethereum

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A picture of a rock, existing as an NFT on Ethereum, has been sold for 139 ETH, Etherscan data on February 16 shows.

EtherRock NFT Sold For $235,000

At the time of buying, the 139 ETH used to purchase the NFT translated to around $235,000. For this transaction, the buyer paid 0.003672481899086462 ETH, or approximately $6, at the time.

Ethereum Price On January 17
Ethereum Price On January 17| Source: ETHUSDT On Binance, TradingView

Described as “EtherRock,” the NFT is among the earliest in Ethereum and across the NFT ecosystem. Only 100 of these NFTs were minted, and they have been changing hands since then.

Most importantly, the creator says they were created around the same time the CryptoPunks were minted on Ethereum. There are 10,000 CryptoPunks in circulation. Over the years, CryptoPunks have remained some of the most expensive and coveted NFTs in Ethereum and across the ecosystem.

The issuer of EtherRock claims that with every new virgin rock being minted, the price of each rock will only become more expensive. As things stand, no “virgin” rocks will be minted since the last 100 NFTs were all issued. Interested collectors can instead choose to buy “non-virgin” rocks. All EtherRock NFTs are trustlessly managed via an audited smart contract and are deployed exclusively on the Ethereum blockchain.

NFT Without Any Utility

It is not immediately clear who the buyer of the NFT is. What’s evident is that EtherRock NFTs don’t have a specific use case. They are created to exist as “pets on the blockchain.” What holders can do, however, is to trade the token. The original owner will profit if a buyer is willing to acquire the NFT at a higher price.

Currently, there are several EtherRock NFTs that can be purchased. Even so, it cannot be immediately determined which NFTs available were acquired from the less than 30 available for purchasing, per EtherRock list.

There are only two owners of EtherRock on OpenSea. These NFTs have a 0.4 ETH in trading volumes and a floor price of 0.1 ETH.

Meanwhile, on the official EtherRock site, the owner of the first EtherRock is selling the NFT for 10,000 ETH. Many of these NFTs are also not available for sale. Even the cheapest EtherRock available is listed for 235 ETH.

The purchase of the EtherRock comes at a time when the broader DeFi, crypto, and NFT markets are recovering after last year’s winter saw trading volumes drop by over 90%.

Feature image from nftplazas.com, Chart from TradingView.

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NFT.COM is back | NFT CULTURE | Web3 Culture NFTs & Crypto Art

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NFT.COM is back | NFT CULTURE | Web3 Culture NFTs & Crypto Art

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Immutable Holdings Inc. has announced the launch of NFT.com’s public beta, a platform that aims to provide a one-stop-shop for buying, selling, and engaging with non-fungible tokens (NFTs) across all marketplaces. The platform also introduces the concept of an NFT Profile, which represents a social profile for users and provides exclusive benefits, including lower marketplace fees, customizable galleries, and exclusive NFT.com features. The public beta has launched several partnerships with prominent brands from the Web3 and consumer product sectors, including Unstoppable Domains, Allure Bridals, SuperNormal, and The Doge Pound.

The NFT market is currently fragmented and lacks social data, making it difficult for users to discover new and existing collections. NFT.com addresses this problem by bringing together artists, collectors, creators, and fans in a single platform, allowing users to buy, sell, and engage with NFTs wherever they exist. Additionally, users can buy and sell NFTs natively on the NFT.com marketplace, as well as other third-party marketplaces through the platform’s aggregator and transaction router.

Before the public beta, NFT.com operated in a private beta that required users to hold a Genesis Key with their Web3 wallets to participate in its early community. The platform has already amassed over 9,000 created NFT Profiles and 9.7 million NFTs displayed and accessible through the website.

Immutable Holdings CEO and Chairman, Jordan Fried, stated that NFTs define the future of how creators, brands, entertainers, and more will engage with their fan bases. He believes that NFT.com is the easiest and most accessible way for new crypto users to enter the NFT space and begin to grow their collection.

Launch partnerships with leading NFT creators, such as Unstoppable Domains, will make their collections directly accessible through their own NFT Profiles on the public beta. Users can purchase their own digital identities directly on NFT.com, without additional transaction fees.

To access the public beta and learn more about the platform, visit www.nft.com. For regular updates, follow NFT.com on Twitter at @NFTcomofficial and join the discussion on Discord at www.nft.com/discord.

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We asked ChatGPT what will be XRP price in 2030; Here’s what it said

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We asked ChatGPT what will be XRP price in 2030; Here’s what it said

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The launch of the text-based artificial intelligence (AI) platform ChatGPT has reinvigorated the public’s interest in the technology, as it demonstrates utility across various areas, including providing insight into the future price of cryptocurrency assets like XRP.

With this in mind, Finbold asked ChatGPT to share XRP’s possible price by 2030 based on various metrics, including chart patterns, technical analysis (TA), as well as the outcome of the legal battle that the United States Securities and Exchange Commission (SEC) is waging against blockchain company Ripple.

As it happens, the AI ​​tool remained insist that it was difficult to provide a reliable prediction of the price of XRP by 2030, citing regulatory uncertainty, variable market sentiment, technological development, and other factors:

“The future price of cryptocurrencies, including XRP, is highly uncertain and subject to many factors, such as regulatory changes, market trends, and technological advancements, among others. Even with access to various tools for technical analysis, traditional chart patterns, and AI algorithm predictions, it is impossible to accurately predict the future price of cryptocurrencies.”

Effect of Ripplev. DRY

However, ChatGPT did acknowledge the impact of the Ripple v. SEC lawsuit, for which it earlier said, “Ripple’s argument that XRP is not a security is likely to be more persuasive,” highlighting the company’s persistent reasoning that XRP “has been used for years as a currency and not as an investment, which further supports its argument that XRP is not a security.”

According to the AI:

“Additionally, the outcome of the Ripple v. SEC lawsuit is also likely to have a significant impact on the future price of XRP, but the outcome of the lawsuit is currently unknown.”

Finally, ChatGPT conluced with a piece of advice to “exercise caution when making any investment decisions and to thoroughly research and understand the risks involved.”

XRP price analysis

As things stand, XRP is recording declines across multiple charts, including dropping 5.42% across the last 24 hours, 9.07% compared to the previous seven days, as well as 5.98% over the past month, as per the latest data retrieved on February 13 .

XRP 30-day price analysis. Source: finbold

Meanwhile, the cryptocurrency community over at CoinMarketCap has bullish expectations for the price of XRP, projecting it would trade at $0.4133 by February 28, slightly lower compared to its earlier predictions reported by Finbold on February 7.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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Binance.US transferred $400m to trading firm managed by CZ

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Binance.US transferred $400m to trading firm managed by CZ

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  • Binance transferred more than $400 million from the Binance US account in Silvergate Bank.
  • IInterestingly, Binance CEO Changpeng Zhao is named as the manager in the company’s documents.

A recent report by Reuters revealed that Binance reportedly transferred millions of dollars from its partner exchange in the United States to a private trading firm.

As per the report, the world’s largest exchange had access to the bank accounts of Binance US which has repeatedly claimed that it is a separate entity.

Funds were transferred to a firm managed by Changpeng Zhao

According to bank records viewed by Reuters, Binance transferred more than $400 million from Binance US account in Silvergate Bank based in California to a private trading firm called Merit Peak Ltd.

These transactions took place in the first three months of 2021. The transfers to Merit Peak reportedly began in 2020. Interestingly, Binance CEO Changpeng Zhao is named as the manager in the company’s documents.

Bank records further revealed that in the first quarter of 2021, Binance US received $650 million from a firm named Prime Trust LLC.

As per the exchange’s terms of use at the time, Prime Trust was a custodian firm that held a portion of the funds deposited by the crypto exchange’s customers.

While it is unclear whether Merit Peak received funds from customer deposits, the transfer from Prime Trust indicates that the concerned Binance account received funds from an account that held customer deposits.

Binance US CEO had no knowledge of the transfers

As per company messages seen by Reuters, the executives of Binance US were concerned about the outflow of funds. CEO Catherine Coley reportedly had no knowledge of these massive transactions that transferred hundreds of millions out of her company’s bank account. In one particular message, Coley described the transfers as “unexpected” saying that “no one mentioned them.”

It is interesting to note that following the $400 million transfer to Merit Peak, a portion of the funds were sent to a Seychelles-based firm called Key Vision Development Limited. A corporate filing from 2021 revealed that Changpeng Zhao was the director of the firm at the time.

In response to the sensational report by Reuters, Binance US clarified that only the employees of the American crypto exchange had access to its bank accounts. The response further stated that Merit Peak had ceased all activity on the exchange in 2021.



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Swissgold Crypto AG introduces the first Gold-backed NFT from Switzerland

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Swissgold Crypto AG introduces the first Gold-backed NFT from Switzerland

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Swissgold allows to store wealth in a safe place.

Swissgold allows to store wealth in a safe place.

This offering combines the liquidity of innovative blockchain technology with the stability of gold and Switzerland as a trustworthy and safe jurisdiction.

ZUG, SWITZERLAND, February 17, 2023 /EINPresswire.com/ — Zug-domiciled Swissgold Crypto AG has launched the first gold bar-backed non-fungible tokens, or NFTs, from Switzerland.

The tokens represent the ownership of the backed physical gold bars, which are stored in two high-security warehouses in Switzerland at philoro, one of Europe’s largest gold dealers. Each token holder has the right to demand the delivery of the backed gold bar at Swissgold at any time.

The Swissgold NFTs are available with gold bars from 1 gram up to 400 ounces (approx. 12.4 kg). Each NFT carries a unique identification as well as the serial number of the backed gold bar. Each NFT also comes with a classic NFT image and 3D model with the serial number of the gold bar. The NFTs are issued on the Ethereum Blockchain and can be held using a compatible wallet.

“I can now manage my gold holdings on a digital wallet. I don’t have to worry about physical security or transport; I can move each bar as a token online via the blockchain.
And if I like it, I can display my gold as a 3D model in my virtual living room in the Metaverse.” says Carole Hofmann, Co-Founder of Swissgold Crypto AG.

NFTs are increasingly becoming carriers of real assets, making them more liquid. Swissgold is a step in this direction and also enables from banks and other service providers when investing independence in physical gold.

In addition, it is always ensured that the physical gold bar held is also available. Today, there is more gold in circulation than actually exists in the world. This is because of how hard it can be to verify the physical gold when trading promissory notes. When on the blockchain, the scarcity is immutable and transparent. As a result, investors gain access to a safe asset that is easy to acquire as an NFT.

Swissgold Crypto AG is a regulated financial intermediary under Swiss law, as a member of the self-regulatory organization VQF (vqf.ch). Only the initial purchase from Swissgold is subject to the industry standard KYC process.

For more information about Swissgold NFTs, please visit www.swissgold.io.

About Swissgold Crypto AG
Swissgold Crypto AG was founded in 2021 with the goal of creating gold-backed cryptograph-ic tokens. SwissGold Crypto AG is very Swiss in every respect and combines the liquidity of innovative blockchain technology with the world’s most stable asset in the world’s most stable jurisdiction.

Carole Hofman
Swissgold Crypto AG
contact@swissgold.io
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NFT sales lift, with digital art collectibles popular

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NFT sales lift, with digital art collectibles popular

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It’s alive! The NFT market is twitching out of its torpor, defying reports of its demise.

Total NFT (non-fungible token) sales on the ethereum blockchain – which hosts most trading – jumped to $US780.2 million ($1.1 billion) in January from $US546.9 million the month before, according to market tracker CryptoSlam.

Digital art collectibles were among the big hits. “Bored Ape Yacht Club #5840” – a cartoon monkey shooting green lasers from its eyes – went for $US822,730, for example, while “CryptoPunks #7674″ – a pixelated character smoking a pipe – fetched $US433,555.

The NFT market's been inching back since November after hitting a low of $US324 million.

The NFT market’s been inching back since November after hitting a low of $US324 million.Credit:iStock

The average NFT sale price was a more modest $US372.38, according to CryptoSlam.

The $US780 million of sales last month is a fraction of the roughly $US5 billion last January and $US2.7 billion in May, before the market took a non-fungible nosedive along with much of the crypto world.

Nevertheless, the market’s been inching back since November after hitting a low of $US324 million the month before, according to CryptoSlam data, with some traders betting on a future for NFTs in gaming and branding.

“We will see another 2021-style run when we are able to really bring on board the next big wave of participants into the space,” said Teng Yan, lead researcher at Delphi Digital, estimating that there are between 30,000 to 50,000 people who are actively trading NFTs right now.

‘We are going through a little bit of a hype phase for this because it’s just new, it’s novel.’

Teng Yan, Delphi Digital

Despite the nascent bounce, the future of non-fungible tokens remains shrouded in mystery. Few crypto experts expect a repeat of the 2021 boom anytime soon. Some doubt the long-term appeal of paying to be recorded on blockchain as the owner of a digital file that anyone can see online for free.

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What is the latest price prediction for Cardano (ADA)?

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What is the latest price prediction for Cardano (ADA)?

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ADA, the token that powers the Cardano smart contract blockchain, saw a sharp rise in the day on Tuesday. The cryptocurrency, which ranks eighth in the market by market capitalization according to CoinMarketCap, was up around 8.5% on the day. ADA/USD was trading early this morning in the region of $0.39, giving it a market capitalization of around $13.5 billion.

ADA is benefiting from the uptrend seen in the crypto space – Bitcoin was up 1.7% and Ethereum around 3.0% on Tuesday, with traders relieved that the latest US inflation numbers were not up. were not as bad as some had feared. Cardano has rebounded over 13% from its weekly lows in the $0.34 range and its price is now slightly above its 200-day moving average once again.

Cardano Outperforms Amid Multiple Bullish Winds

While most cryptocurrencies were trading with reasonable gains yesterday, Cardano was the best performer in the top 20. Analysts pointed out that new developments around the Cardano ecosystem could be behind its strong performance. .

Cardano is set to roll out a major upgrade on Tuesday, called “Valentine,” which will introduce new Plutus SECP cryptographic primitives to the blockchain. According Input Output Global (IOG), the company responsible for developing Cardano, the upgrade is designed to “promote secure cross-chain DApp development through Plutus, while advancing blockchain interoperability.”

Elsewhere, Djed, the new dollar-backed Cardano stablecoin, which was created by IOG and Coti and launched on the blockchain a few weeks ago, continues to see impressive growth. The circulating supply is now 2.239 million, backed by 30.89 million ADA tokens, whose current market value is around $12 million. This means a collateralization rate of around 540%, according to Djed’s website.

New return opportunities offered by Djed within Cardano’s small but growing decentralized financial (DeFi) ecosystem have seen Cardano’s total locked-in value (TVL) double since the start of 2023 , to hit around $130 million as of Tuesday. Cardano’s TVL is still low, Cardano is the 28th cryptocurrency in terms of TVL. But the growth is promising and Cardano may well climb in this ranking as investment flows to Djed continue to increase.

Some analysts believe that a sign of the arrival of these inflows can be seen in the on-chain data presented by the crypto analysis company Santiment. According to a recent blog post from the firm, ADA has seen a massive spike in trades from whales since the start of February. So far this month, Cardano has seen a daily average of 1,700 transactions with a USD value of $100,000 or more, compared to just around 300 in January.

What’s next for Cardano (ADA)?

If ADA can hold north of its 200DMA, it opens the door for a retest of previous monthly highs in the mid $0.41s. ADA would then face significant resistance in the $0.4250-0.44 area, but if the general bullish trajectory and positive trends within Cardano’s DeFi ecosystem continue, then a break above this zone and a push towards $0.50 should not be ruled out.

Experts deliver their predictions for ADA

Cryptocurrency YouTuber Mind Math Money believes that if Cardano continues to test the $0.4250-0.44 resistance zone, the odds of it moving north are all the higher. If ADA can muster a strong daily closing candle above this zone, then Cardano can move quickly towards $0.68, he continued, citing a lack of resistance in the meantime to prevent the move. Looking further ahead, Mind Math Money thinks Cardano could break back above $1.0, a key long-term resistance area in the past.

Is it too late to buy ADA?

It all depends on how an investor judges their prospects for long-term price performance.

If, based on your own research, you believe that the price of ADA is likely to increase significantly over the next few years, it is probably worth buying. Otherwise, stay away.

Buy ADAs

Alternatives to ADA to consider

As we saw above, the short-term outlook for ADA looks quite good. But traders should still seek to diversify their portfolio and might consider other high-potential tokens, such as those being pre-sold by up-and-coming crypto projects. We’ve reviewed some of the top contenders in this list of the top 10 cryptocurrencies for 2023, as analyzed by CryptoNews’ expert Praoles team.

Disclaimer: The Expert Opinion section features the views of crypto industry players and is not part of the editorial content of Cryptonews.com.

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5 Altcoins That Performed Positively Last Week

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5 Altcoins That Performed Positively Last Week

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BeInCrypto looks at five altcoins that increased the most from the entire crypto market this week, specifically from Feb. 10 – 17.

These popular altcoins have stolen the crypto news and cryptocurrency market spotlight:

  1. Astar (ASTR) price increased by 46.49%
  2. Mina (MINA) price increased by 44.78%
  3. BinaryX (BNX) price increased by 44.20%
  4. MAGIC (MAGIC) price increased by 36.98%
  5. Loop Ring (LRC) price increased by 34.35%

Astar (ASTR) Leads Altcoin Crypto Market Gainers

The Astar price has increased rapidly since the beginning of the year. However, it created a double top pattern with two long upper wicks near $0.110. Such double tops are considered bearish patterns and often lead to price reversals.

Moreover, the pattern was combined with a bearish divergence in the RSI (green line). Therefore, a drop toward the 0.5 Fib retracement support level at $0.077 may occur.

On the other hand, if the increase continues, the ASTR price could move to $0.140.

Astar (ASTR) Double Top. Crypto market, altcoins
ASTR/USDT 12-Hour Chart. Source: TradingView

Mina (MINA) Price Fails to Clear Resistance

The MINA price has increased since breaking out from a descending resistance line on Jan. 25. The upward movement led to a high of $1.25 on Feb. 16.

However, the price failed to close above the $1.16 resistance area. Rather, it reached a close below it. If the downward movement continues, MINA could fall to the $0.96 horizontal support area.

However, if the price reached a close above $1.16, it could increase to $1.45.

Mina (MINA) Price Movement
MINA/USDT Daily Chart. Source: TradingView

BinaryX (BNX) Trades Inside Resistance

The BNX price has increased rapidly since the beginning of the year. It reached a high of $184.29 on Feb. 13. However, it created a bearish engulfing candlestick and fell the day after.

If the price breaks out above the resistance area, it could increase to $230. However, if it fails to do so, a fall toward $132.50 could follow.

BinaryX (BNX) Price Resistance. Crypto market, altcoins
BNX/USDT Daily Chart. Source: TradingView

MAGIC (MAGIC) Reaches New All-Time High

The MAGIC price fell after reaching a high of $2.20 on Feb. 6. However, it regained its footing on Feb. 13 and reached a new all-time high of $2.33 on Feb. 16.

If the increase continues, the digital asset could move toward $2.75. However, if a reversal occurs, the price could fall to the $1.50 support area.

Magic (MAGIC) Price Movement
MAGIC/USDT Daily Chart. Source: TradingView

Loopring (LRC) Altcoin Price Approaches Resistance

The Loopring price has increased since breaking out from a descending resistance line on Jan. 25. The upward movement led to a high of $0.49 on Feb. 16.

However, the token has not broken out from the $0.50 resistance area. The trend can only be considered bullish once it does. If a breakout occurs, the LRC price could increase to $0.65. If it gets rejected instead, a fall to $0.34 may follow.

Loopring (LRC) Price Breakout. Crypto market, altcoins
LRC/USDT Daily Chart. Source: TradingView

For BeInCrypto’s latest crypto market analysis, click here.

Disclaimer

BeInCrypto strives to provide accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. You comply and understand that you should use any of this information at your own risk. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.

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Top Gaming NFT collections on Binance Marketplace

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Top Gaming NFT collections on Binance Marketplace

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Binance has jumped into the NFT space like many other crypto asset exchanges. They released their NFT platform back in 2021 a couple months before the crypto winter struck the market.

Despite the rockiness experienced for both crypto and NFT markets, their NFT marketplace has proven a hit with fans. When a governing body like Binance creates a platform like this, it bridges the gap for newcomers to enjoy Web3 technologies as they are globally recognized.

Crypto games and NFTs go hand in hand as they offer more lucrative opportunities for those playing the games and holding the digital collectibles.

With that said, let’s run through some of the top gaming NFT collections currently available on the Binance NFT Marketplace. Who knows, by the end of this article you may have found some new cool projects to jump into!

Gaming NFTs on Binance

Gaming NFTs have proven popular on Binance’s platform, with the total volume being $1,055,837,713 and a total of $52,544,925 being staked at the time of writing.

So far Binance has proven a force for gamers and NFT fanatics. Let’s look deeper into the collections you may want to invest in for 2023 and beyond.

DeRace Gameplay

© Binance

Of race

DeRace is an NFT horse riding game for the metaverse. So if you are a fan of horse racing or maybe even have your own pet horse, this could be for you.

Similar to other crypto games available, DeRace is based off of in-game breeding mechanics, leveling up your horse NFTs. You then put them to the test in races against other players for cash rewards and leaderboard bragging rights.

There are different tiers to the NFTs that are called “Horse Tickets”, they include:

  • Olympian
  • Half-dildo
  • Alpha
  • Beta
  • Omega

The gameplay for the Derace crypto game is smooth and we can imagine more updates are to come as their timeline advances.

The current floor price for a Horse Ticket NFT on Binance is 1799.82 USDso not cheap by any means.

However there are multiple ways for players to earn income from this game so you will be able to make your money back if played correctly.

This is the first game of its kind as it incorporates NFTs, horse racing and sports betting into a blockchain based game.

DeRace is also set to come to mobile devices, making it more accessible to earn on the blockchain. Prices for the NFTs to date have increased by 33.5% on Binance NFT marketplace.

Stepn – Stepn x ASICS

binance-stepn

@binance

Our next top gaming NFT collection comes from Stepn, the “Move-To-Earn” game that has had great reception from blockchain gamers so far. They so far have released different NFT collections with sports brands, this one being with ASICS.

On the Binance NFT Marketplace there are 2 types of NFTs from this collection, they are:

  • NFT Sneakers
  • Shoe Boxes – NFT Sneaker mystery boxes

These NFTs have a considerably lower floor price, starting at 35.99 USD. Prices can go all the way up to the hundreds of thousands. We recommend not paying that as it is more than likely someone just trying their luck. Most of the NFTs sit at around the cool $100+ so fairly accessible.

Stepn pays you to exercise. By holding the sneaker NFT players walk around and go on runs to collect the in-game currency $GMT.

It is a great app for those looking to get more out of their exercise routine, or are looking for a reason to keep on top of their health.

Stepn seems to have the saying “health is wealth” in mind with their project, as players online have commented on the lucrative returns this game has churned out. Once you get past the barrier of entry, the NFT price tag, you can start earning.

There is also an NFT explained rental service. Meaning you can rent an NFT sneaker or rent out your own to other players.

Dark Frontiers

binance-dark-frontiers

@binance

Our final top pick comes from Dark Frontiers. This game is somewhat under the radar but since finding this game, we have not been able to take eyes off it.

To set the scene, this game is a 3rd person open world NFT game set in a futuristic space setting. The aim of the game is to travel around the Moon and other planets as the earth has become a derelict place, building your land, leveling up your characters and battling enemies.

It looks great so far with an array of NFTs being made available for this game already including in-game items and also Land real estate on the game’s moon.

Currently on Binance NFT Marketplace, gamers can purchase the Space Suit NFTs worn by your character.

The different tiers for the NFTs are:

  • Gamma – Tier 1 (1st Limited Edition)
  • Beta—Tier 2 (1st Limited Edition)
  • Alpha—Tier 3 (1st Limited Edition)

Floor prices again for this game’s NFTs are fairly cheapstarting at 84.94USD, increasing overall by 13.3%.

This game is a must try for those who are looking for story based NFT games as the gameplay footage already looks incredible, with more to come from their developers.

There we have our top NFT token collections on Binance NFT Marketplace. Be sure to check the whole range and see what there is, you may find your favorite new game!

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