According to a recent report by MarketNews, UFO Gaming officially hit a $1 billion market cap. This information was first revealed on December 2nd.
Between mid-November and early December, UFO Gaming tokens ($UFO) have increased in value by 150%. Additionally, data from CoinGecko shows that $UFO’s value has increased by 15,000% from July to early December ($0.00000035 to $0.000054).
The token will be utilized in UFO Gaming’s debut game, Super Galactic. This RPG-style play-to-earn game is expected to be released sometime during the fourth quarter of this year.
UFO Gaming is an independent esports company that specializes in the development of blockchain games. The organization allows players to own and trade virtual land while they earn NFTs and select cryptocurrencies.
(All information was provided by PR Newswire)