Rocky Rabbit, a blockchain-based gaming platform, is preparing for its much-anticipated airdrop on September 23, 2024. With a focus on play-to-earn mechanics and crypto rewards, the project has garnered significant attention. The native token, RBTC, is already experiencing an upward trend, leaving many investors curious about its listing price and future outlook.
RBTC Token Key Information
Current Price: $0.0000059 (+13.46% in the last 24 hours)
Total Supply: 21 trillion RBTC tokens
24h Trading Volume: 2.97K USDT
Total Trading Volume: 86.60K USDT
Airdrop Date: September 23, 2024
Listing Date and Time: September 23, 2024, between 1:00 PM and 5:30 PM (UTC)
RBTC Listing Price Prediction
With the airdrop and exchange listing happening on September 23, 2024, RBTC is expected to be volatile in its early trading stages. Currently priced at $0.0000059, analysts predict that RBTC’s listing price could fall between $0.001 and $0.005. This range reflects strong community interest, optimism surrounding blockchain gaming, and the large supply of 21 trillion tokens. While early selling pressure from the airdropped tokens is anticipated, demand from new investors could balance the market, likely stabilizing the price at the lower end of the range.
Factors Impacting RBTC’s Price
1. Airdrop Effects: The airdrop will likely trigger some early selling as recipients sell their tokens. However, since the remaining tokens will be released gradually over six months, this could help stabilize the price after an initial dip.
2. Play-to-Earn Model: With 80% of tokens distributed via play-to-earn, player engagement is expected to rise, potentially increasing demand for RBTC and pushing the price upward in the medium term.
3. Trading Volume and Liquidity: With a 24-hour trading volume of 2.97K USDT and total volume of 86.60K USDT, RBTC already has notable interest. Listing on major exchanges will boost liquidity, which could further drive short-term price growth.
RBTC Token Distribution Plan
The RBTC distribution strategy is crafted to promote long-term player engagement on the platform:
Initial Release: On September 23, 2024, 20% of the airdropped tokens will be immediately available for trading, likely sparking early market activity and price volatility.
Play-to-Earn Release: The remaining 80% will be released gradually over six months to maintain market balance.
Milestone-Based Unlocks: Tokens will be unlocked when players reach specific in-game milestones, ensuring ongoing participation.
Long-Term RBTC Price Prediction
As Rocky Rabbit attracts more players, the RBTC token could see steady growth. By the end of 2024, after initial market fluctuations, the price could stabilize between $0.002 and $0.003. Looking further into 2025, increased platform adoption and growing demand for play-to-earn games could push RBTC's value to $0.005 or higher, especially with potential partnerships and new developments.
Conclusion
The RBTC listing on September 23, 2024, is a pivotal moment for Rocky Rabbit. With an initial price prediction ranging from $0.001 to $0.005, the token has the potential to make a significant impact in the blockchain gaming world. Investors should monitor the market closely as the listing date nears, as both short-term volatility and long-term growth opportunities are likely.
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