These days, the crypto market is doing good as the Bitcoin and Ethereum prices have increased significantly. It looks like the market is turning out to be in a better situation but I think it's too early to say whether it is going to start the bull run cycle however the current situation is indicating that this year is going to be crucial for the market. We have already got the Bitcoin spot ETF approved and now the nextbig event is going to be the Bitcoin halving which is scheduled to happen next month. We are about 50 days away from that event and let's see how things move in the market after the Bitcoin halving.
Currently, the @Holozing game is under development and I have not seen any update about its first sale or even about its launch, but I am sure that things are in progress. I expect that we will have some updates on this and probably the first sale will be starting soon hence it is time for us to get ready and buy assets as much as possible because later on it will benefit us in the game. As of now we only have the token which we can trade or we can earn through a couple of options provided. I am trying to earn as much as possible and now I am pretty much close to making it 50K soon. I think if we talk about the zinc token then it's like the more we have make us feel like the more we need to have and it is a never-ending process. Some people can have 10K and some can have 50K but there are people holdings in bigger quantities as well so it is up to you how you want to do in the game and accordingly things can be planned.
Zing Stake
I keep on sharing my holding from time to time because this way I can track the overall progress and I also want to grow it more. While I am trying to have 100K Zing tokens in total the next milestone for me is going to be 50K tokens. Currently, I have 47.6k zing tokens and I am almost 2.5k tokens away to make it 50k. I hope that in the next couple of weeks, I should be able to be there and that will be one of the biggest milestones for me when I will end up making it 50K zing tokens.
Token Economy
Currently, we have almost 36 million tokens in circulating supply out of which more than
26 million tokens are staked. Almost 10 million tokens are liquid in the market which I think is a good number, but we cannot consider it on the higher side. The overall market cap is almost 140 K U S dollars which I think is decent, but I anticipate that once the sale is live or the game is available for the players then this number is going to shoot up.
There are multiple updates shared about different characters and it ALL looks exciting. I will be surely participating in the sale to grab as much as I can buy.
Like many other users in this project, I also expect that things are going to be much more valuable in the game and this is the reason why I am trying to build a decent token holding before gameplay goes live. I have invested a lot in the Splinterlands game but for holozing, I'm not sure how things will be however once everything is available for the players then I will figure out how I will grow my account depending upon the overall gaming experience and what the asset value is in the market. I like the way the team is keeping the community updated and the way they are transparent it's something I appreciate and haven't seen any other gaming project following this type of practice.
If you are not part of the game, please join through the below link. You can also add me as your referral if you like.
https://holozing.com?ref=alokkumar121
Here I share some handy Links that you can access for more details about the game:-
Whitepaper- https://whitepaper.holozing.com/
Main account for the HoloZing Game- @holozing
delegation account- @zingtoken
Images are taken from https://holozing.com
Thank you
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