Illuvium is an exploration game based on web3 and is built on top of Ethereum. It is also considered the first AAA game with an Ethereum base.
Players can explore seven alien landscapes, catch creatures called Illuvials, and uncover the story behind Illuvium. ILV is the native cryptocurrency of the platform.
Though NFTs and in-game items are transacted with ETH, players are rewarded with ILV for completing tasks in the game.
This piece will serve as your go-to guide for understanding the Illuvium gaming ecosystem and its native token ILV.
You can find details about the key features of the platform, the economics of the token, its past market performance, and projected future prices.
Toward the end of the article, you will find details about where and how you can buy these tokens if you are into that. Let’s dive into it right away.
Illuvium (ILV) Key Features
| Illuvium Overworld | The core gameplay of Illuvium is built around the Illuvium Overworld, where players can collect unique creatures with varying rarity, abilities, and stats. |
| In-game Ownership | The collected Illuvials are tokenized as NFTs, thereby giving true ownership to the players. |
| Illuvium Zero | This one is a city-builder game within the Illuvium metaverse. Illuvium Zero allows players to build industrial complexes and extract resources. |
| Illuvium Arena | This upcoming feature is a battle mode where players can form teams and compete with other teams. |
| Illuvitars | These are customizable Illuvials-based collectible art pieces. Players can compete with each other to get these. |
Illuvium (ILV) Tokenomics
ILV has a total supply of 7,889,583 tokens and of these, 3,767,377 ILV are in circulation. There is no maximum supply limit for the token.
Illuvium (ILV) Past Performance
While I am penning this article, ILV is trading for $133.65, which is around 3.5% down from the numbers yesterday.
At $28.3 million, the 24-hour trading volume is 58.25% up, indicating investor interest.
Illuvium (ILV) Price Prediction
As per our team’s expert technical analysis, the current market sentiment is bullish while the fear & greed index is at 79, signaling extreme greed.
ILV recorded 14 (47%) out of the last 30 days in the green region with a low 7.89% price volatility. Our analysts think that now is a good time to buy Illuvium.
2024: Based on the past month’s technical data, ILV price is projected to rise by 229.13% and reach $464.88 by next month.
2025: Moving to 2025, ILV price is expected to fall between $141.24 and $669.91. If we compare this to today’s price, the Illuvium token could gain as high as 398.89% provided the token reaches the upper price target.
2030: Fast forward to 2030, ILV price is projected to be in the range of $358.86 and $581.86. If we compare this to today’s price, the upper price target will be translated into a 333.32% return on investment.
Where to Buy Illuvium (ILV)?
You can buy ILV from the following exchanges with considerable market depth.
How to Buy Illuvium (ILV)?
Follow these steps to buy ILV from Binance.
- Install the Binance smartphone app or go to the Binance website and sign up for a free account. Verify your account by completing the KYC procedure.
- Log in to your account and top up your Binance wallet via credit card, debit card, or bank transfer.
- Navigate to the trading section of the app or website and click on ‘buy crypto’. Verify the payment details and hit ‘confirm’.
- First, purchase a stablecoin like USDT and follow the same steps to buy OLV by swapping the USDTs.
- When you receive a transaction completion message, your ILV tokens will appear on your Binance wallet.
- You can keep the tokens there or move them to a non-custodial wallet for extra safety.
Conclusion
Illuvium is a gaming metaverse built with web3. The platform consists of games that allow tokenization of in-game items. The project is community-driven and has attracted a loyal player base in recent months.
The platform’s native token, ILV, has gained significant traction in the last week, thanks to the upcoming Bitcoin halving cycle and the ongoing crypto bull run. Our analysts are optimistic about ILV.
With that being said, we would like to add that investing in crypto assets comes with a fair share of risks. Because of their relatively fresh presence in the financial market, their prices are extremely volatile and can be significantly influenced by market sentiments.
We advise the reader to exercise utmost caution and also away from investments you don’t have a deep understanding of.
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