Full Illuvium Crypto Analysis and ILV Coin Price Prediction

We volition commencement today's nonfiction with the basics. This is wherever you volition larn what the Illuvium crypto task is each about. We'll besides screen the project's fundamentals, roadmap, and community. Next, we'll displacement our absorption to the ILV coin and commencement disconnected by answering the question, "What is the ILV token?" Plus, we'll research this crypto's tokenomics and usage cases. Nonetheless, we'll besides bash our champion to connection immoderate insights into what the aboriginal whitethorn clasp for the ILV coin.

However, since astir of you chiefly privation to cognize if you tin marque immoderate wealth by trading the Illivium coin, we'll besides dive into our $ILV terms analysis. Using TA and comparing the Illuvium crypto task with different fashionable Web3 gaming projects, we'll connection immoderate $ILV terms predictions.

Essentially, this nonfiction volition assistance you find if this GameFi project's token deserves further attention. Additionally, to assistance you reply if you should bargain $ILV oregon not, you’ll privation to usage Moralis Money - the industry's starring on-chain investigation tool!

What is the Illuvium Crypto Project?

The Illuvium crypto task is simply a Web3 gaming task connected a ngo to present an enthralling bid of afloat decentralized RPG and postulation games. The task launched its ILV token successful 2021; however, the archetypal backstage beta of the Illuvium crippled went unrecorded successful December 2022.

So, the games offered by the task are inactive successful their aboriginal stages. Still, galore judge that Illuvium is poised to beryllium the fig 1 Web3 gaming task of the adjacent bull run.

The task presently focuses connected the pursuing 4 games that are each interlinked arsenic portion of the Illuvium universe:

• Overworld
  • Registrations are unfastened for beta connected Mac and Windows (at the clip of writing).
• Zero
  • Alpha disposable for onshore holders (on Mac, Windows, and Android).
• Arena
  • Registrations are unfastened for beta connected Mac and Windows (at the clip of writing).
• Beyond
  • Already unrecorded and disposable connected IlluviDex.

Note: In this article, we’ll absorption much connected the gist of the task and the Illuvium coin. However, we person a abstracted nonfiction exploring the Illuvium game successful much depth. 

Fundamentals

At the halfway of the Illuvium crypto task is blockchain exertion and each the caller possibilities it brings to the gaming industry. Namely, it introduces a conception of decentralization and ownership rights for players. 

Players tin export their in-game assets and commercialized them into cryptocurrency, providing real-world value. Moreover, this is besides known arsenic GameFi and play-to-earn (P2E).  

Thanks to programmable blockchains similar the Ethereum network, galore projects, including Illuvium, tin make absorbing games with fiscal incentives. Illuvium's extremity is to found a unchangeable level that appeals to cryptocurrency enthusiasts, gamers, and technologically-savvy individuals.

To execute that goal, Illuvium aims to guarantee seamless onboarding, a liquidity mining program, crippled objects arsenic NFTs, and interoperability done NFTs. Now, to flooded the contented of exorbitant trading fees connected the Ethereum chain, the task besides utilizes Immutable X's scaling solution.

Plus, Illuvium is besides a afloat decentralized protocol whose superior extremity is to guarantee a triple-A blockchain gaming experience. So, speech from tokenized in-game assets that tin beryllium freely traded connected Illuvium's autochthonal marketplace oregon different secondary marketplaces, the task besides allows its stakers to ballot connected assorted aspects of the crippled and its tokenomics.

The crippled bid itself is each astir exploring the quality and wonderment of a integer landscape, hunting unsafe creatures, capturing them and utilizing them for battles (think of Pokemon), oregon trading them connected the exchange. Additionally, each the Illuvium games are interconnected. As a result, they let players to utilize their assets successful assorted ways crossed the series.

Roadmap

With the above-outlined info successful mind, Illuvium fundamentally positions itself arsenic a decentralized workplace gathering the world's archetypal interoperable blockchain crippled (IBG) universe. It's not incorrect to deliberation of it arsenic immoderate benignant of a metaverse. The second includes an open-world exploration game, an concern metropolis builder, and an "auto battler."  

The task embarked upon this travel successful 4th 4 of 2020 with its pre-seed round. Here's an outline of large milestones (events) that the task has already completed:

• Pre-Seed Round (2020, Q4)
• Initial Prototype (2020, Q4)
• Transition to Unreal Engine (2020, Q,4)
• Seed Sale (2021, Q1)
• Balancer Liquidity Bootstrap Sale (2021, Q1)
• Token Smart Contract (2021, Q1)
• First Cinematic Trailer (2021, Q1)
• Staking V1 (2021, Q2)
• Auto Battler Trailer (2021, Q3)
• Land Sale 1 (2022, Q2)
• Staking V2 (2022, Q2)
• Illuvium Arena Private Beta 1 (2022, Q2)
• Illuvium Arena Private Beta 2 (2022, Q3)
• Illuvium Overworld Beta (2022, Q2)
• Illuvium Zero Alpha  (2022, Q4) 
• Illuvium Beyond Wave 1 (2023, Q1)

As acold arsenic the near-future project’s plans go, notation to the pursuing events and estimated timeframes:

• Illuvium Zero Season One (2023, Q3)
• Illuvium Store (2023, Q3)
• Illuvium Overworld Private Beta 2 (2023, Q3)
• Illuvium Overworld and Arena Private Beta 3 (2023, Q3)
• Illuvium Beyond Wave 2 (2023, Q3)
• Illuvium Final Private Beta (2023, Q4)
• Illuvium Public Beta Launch (2023, Q4)
• Illuvium Beyond Wave 3 (2023, Q4)
• Illuvium Beyond Wave 4 (2024, Q1)
• Illuvium Arena Mobile (2024, Q2)

Community

Projects successful Web3 are community-powered. As such, if a task wants to win successful crypto, it indispensable make a beardown community. For that purpose, the Illuvium crypto task has utilized respective outlets.

To research these options, consciousness escaped to sojourn the project’s authoritative website and hover implicit the “Community” paper option. Then, prime immoderate of the disposable platforms from the drop-down menu:

Exploring the ILV Coin - What is the ILV Token?

The ILV coin (a.k.a. the Illuvium coin) is the Illivium protocol's autochthonal cryptocurrency. It is simply a fungible plus that lives connected the Ethereum blockchain. It was minted connected March 21, 2021, with 7,000,000 $ILVs:

Tokenomics of the ILV Coin

These are the halfway tokenomics of the ILV token:

• Name: Illuvium
• Symbol/ticker: ILV ($ILV)
• Network: Ethereum 
• Token type: ERC-20
• Initial full supply: 7,000,000 $ILV
• Fixed supply: No (the ILV token is mintable)
• Token distribution:
  • 500,000 $ILV (pre-seed)
  • 1,500,000 $ILV (seed)
  • 1,500,000 $ILV (team)
  • 1,500,000 $ILV (treasury) 
  • 1,000,000 $ILV (launchpad)
  • 3,000,000 $ILV (yield farming - ongoing)
  • 1,000,000 $ILV (in-game rewards)

Use Cases

The Illuvium coin has 2 superior usage cases. First, it serves arsenic a governance token for the Illuvium ecosystem, allowing ILV holders to power the project's direction. Second, it is simply a crypto plus that tin beryllium freely traded crossed assorted marketplaces, including its autochthonal 1 (IlluviDex) and respective CEXs and DEXs.

So, the ILV token is not an in-game plus and is not required to play the Illuvium games. For the intent of representing in-game objects, the Illuvium crypto ecosystem utilizes NFTs.   

What is the Future of the ILV Coin?

The aboriginal of the ILV coin is much oregon little set, astatine slightest from a method perspective. After all, its astute declaration lives connected the Ethereum chain. Of course, the governance assemblage of the task tin suggest and judge immoderate alterations and present further usage cases for the token.

Full ILV Coin Price Analysis

The supra logarithmic play illustration for the ILV coin terms paints a afloat representation of wherever the token's terms is coming from. According to TA (technical analysis), it besides drops immoderate hints to what's apt to come.

However, earlier we analyse the terms of the plus immoderate further, it’s worthy pointing retired the following:

• Early (pre-seed and seed) investors purchased 500,000 ILV tokens astatine $1 each and 1,500,000 ILV tokens astatine $3.
• The listing terms of the Illuvium coin was acceptable astatine $50 utilizing a Balancer Liquidity Bootstrapping Pool (BLBP), which was initially pushing the terms down.

In the archetypal 2 weeks aft $ILV started to trade, its terms much than doubled. But past the selling unit increased, and the terms of the token took a downturn. It reached its lowest constituent connected June 22, 2021, astatine astir $29.

From that point, the $ILV terms started to retrieve with the remainder of the crypto market. The plus pulled disconnected rather a rally – it accrued successful worth by much than 65x by the extremity of November of that aforesaid year. This was erstwhile the terms marked its all-time precocious (ATH), somewhat above $1,900 per token.

However, arsenic BTC reached its precocious and the remainder of the crypto assets started to propulsion back, truthful did $ILV. In conscionable 54 days, the worth of the token decreased by much than 70% and recovered a impermanent alleviation rally from the $500-ish level. But the enactment astatine that terms scope got retested a mates of times and yet broke down connected May 5, 2022.

Level aft level got breached until the terms of ILV yet recovered caller enactment astatine $38-ish successful November 2022.    

The Price of the Illuvium Crypto Token successful 2023

To absorption connected ILV's terms pursuing the aforementioned debased successful November 2022, let's look astatine the supra regular illustration connected a regular scale. You tin spot that the token tried to determination supra its listing terms but didn't person capable substance astatine the time. So, the terms came backmost down to the $28-ish level for the 2nd time.

After forming a neat treble bottom, $ILV pulled disconnected rather a tally successful January 2023. However, the $100-ish obstruction proved to beryllium excessively beardown of a challenge. Thus, the asset's terms entered a downtrend again. The second besides ended astatine the $38-ish level, which has proven to beryllium a beardown support.

After touching that enactment connected July 8, 2023, the terms archetypal ranged sideways until the extremity of that month. However, connected August 3, 2023, the terms started climbing toward the $50-ish level again. At the clip of writing, the terms sits astir $53-ish. And it seems arsenic if the cryptocurrency has successfully retested that level and turned it into caller support.   

ILV Coin Price Prediction

By looking astatine the supra play and regular charts, you tin spot each the astir important levels of enactment and absorption (blue lines). These terms regions are besides the astir apt aboriginal prices of the ILV token. So, if the remainder of the crypto marketplace continues to summation momentum, $ILV has the imaginable to spell overmuch higher. After all, the existent terms is inactive much than 35x beneath its ATH. The task present besides has games up and running, portion backmost successful 2021, the pump was chiefly backed by the idea.

However, fixed the involvement successful the Illuvium ecosystem, ILV could interruption supra its ATH successful the upcoming bull market. To get immoderate tangible terms level for specified a scenario, we tin usage the Fibonacci retracement tool. So, if we usage the ILV ATH terms and the token's caller low, the astir optimistic level (the "4.236" extension) points to $7,900-ish.   

We could comparison it with 1 of the astir palmy P2E projects - Axie Infinite. By doing so, the terms prediction points to $1,900-ish. That terms was calculated by taking AXS’s ATH marketplace headdress worth and dividing it by ILV’s existent circulating supply.

Note: If you'd similar to work up connected different gaming coins, marque definite to cheque retired 1 of our erstwhile articles exploring top gaming tokens. 

Is the Illuvium Coin ($ILV) a Good Investment?

The supra sections should beryllium much than capable to assistance you find whether oregon not the Illuvium crypto task deserves your further attention. However, to reply the supra question with confidence, you request to DYOR for the token. The champion spot to bash that is the Moralis Money Illuvium ($ILV) token page. 

On that page, you tin find each the resources and tools you request to physique your idiosyncratic sentiment astir what makes $ILV a bully oregon a atrocious investment. Also, bash not hide to see your fiscal concern and your hazard tolerance earlier taking the adjacent step.

Nonetheless, don't hide to determine whether you lone privation to commercialized ILV oregon if you'd besides similar to involvement the plus to articulation the Illuvium crypto project's governance. In lawsuit you determine connected the latter, your in-depth probe should beryllium adjacent much detailed.

Either way, travel the supra token leafage nexus oregon usage the interactive widget beneath to find if the Illuvium is simply a bully concern for you. And if you determine that you privation to get a container of $ILV, bash not hide to see Moralis Money’s alpha metrics for that asset. After all, these real-time, on-chain insights volition archer you whether the token is gaining oregon losing on-chain momentum.

Where to Buy the ILV Token?

There are galore ways to bargain the Illuvium coin. For instance, you tin sojourn the token’s authoritative website, hover implicit the “Token > Buy ILV” enactment successful the apical menu, and past prime 1 of the disposable options. However, since you’ll already beryllium researching the plus connected the above-presented page, you tin usage Moralis Money's instant crypto swap feature. It is fast, simple, and safe!

Note: If you are caller to swapping tokens, usage our step-by-step usher connected how to swap ERC20 tokens.

Full Illuvium Crypto Analysis and ILV Coin Price Prediction - Key Takeaways

• The Illuvium crypto task is 1 of the starring Web3 gaming projects.
• Illuvium went unrecorded with its autochthonal token - the ILV coin - successful 2021.
• The terms of $ILV has been done a batch and presently sits astir 35x beneath its ATH.
• According to the project’s fundamentals and TA, the upside imaginable is higher than the downside.
• Use Moralis Money’s token leafage for ILV and DYOR for the plus and the task decently to find if it’s a bully concern for you.
• If you privation to bargain the Illuvium coin, you tin bash truthful without breaking a sweat oregon the slope connected the Moralis Money Illuvium ($ILV) token page.

Whether you extremity up investing successful Illuvium oregon not, you ought to grow your horizons to different altcoins. After all, the mean alt tends to summation by 50-70x during a bull market. Fortunately, Moralis Money’s halfway diagnostic - Token Explorer - enables you to find tokens earlier they pump.

It is the eventual mode to scan the crypto market and find alts with promising imaginable early! With Token Explorer, you’ll yet permission the crypto FOMO successful your rearview mirror. 

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