Rally

Heroes of Mavia

Immutable

Frenzy

<img width="1280" height="720" src="https://coingape.com/wp-content/uploads/2024/02/Heroes-of-Mavia-MAVIA-Price.jpeg" class="attachment-full size-full wp-post-image" alt="" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2024/02/Heroes-of-Mavia-MAVIA-Price.jpeg 1280w, https://coingape.com/wp-content/uploads/2024/02/Heroes-of-Mavia-MAVIA-Price-300x169.jpeg 300w, https://coingape.com/wp-content/uploads/2024/02/Heroes-of-Mavia-MAVIA-Price-1224x689.jpeg 1224w, https://coingape.com/wp-content/uploads/2024/02/Heroes-of-Mavia-MAVIA-Price-768x432.jpeg 768w, https://coingape.com/wp-content/uploads/2024/02/Heroes-of-Mavia-MAVIA-Price-678x381.jpeg 678w, https://coingape.com/wp-content/uploads/2024/02/Heroes-of-Mavia-MAVIA-Price-150x84.jpeg 150w" sizes="(max-width: 1280px) 100vw, 1280px">
<p>MAVIA, the native cryptocurrency of the Web3 mobile game Heroes of Mavia, has experienced significant growth, surging by 30% in the past 24 hours and reaching a peak of $8.59. Currently, the MAVIA price stands at $8.56, marking a 26.20% increase, with a total market capitalization of $232 million. Notably, MAVIA’s price has already seen a remarkable 196% gain since its <a href="https://coingape.com/mavia-price-jumps-33-amid-bitget-listing-and-token-airdrop/" target="_blank" rel="noopener">launch</a> on February 6th</p> 
<h3 id="whale-frenzy-drives-mavia-price-rally">Whale Frenzy Drives MAVIA Price Rally</h3> 
<p>On-chain analytics platform Spot-on-Chain&nbsp;reports that an Ethereum wallet identified as 0x82886ad5e67d5142d44ed1449c2e41b988bfc0ab recently made significant purchases of MAVIA tokens, totaling over 12,000 tokens valued at $100,000 USDC across two transactions. This wallet, dubbed “Smart trader ETH and MKR 0x828” by Spot On Chain, acquired MAVIA tokens at an average price of $8.125 each.</p> 
<p>Notably, this marks the first investment of wallet 0x828 in MAVIA. The trader behind this wallet, known for strategic trades, recently gained $357,000 in profits from Maker (MKR) trades and holds approximately $16.09 million in Ethereum. Such a track record of successful investments adds credibility to the recent MAVIA purchase.</p> 
<p>The significant <a rel="nofollow" href="http://platform.spotonchain.com/signal-details/smart-trader-bought-mavia-for-the-first-time-26112" target="_blank">capital influx</a>, coupled with the endorsement from a respected ETH and MKR trader, sparked buying interest in MAVIA. Speculators likely interpreted this move as a signal of potential value in the Heroes of Mavia project, prompting increased demand for MAVIA tokens. Consequently, the token price surged by 35% as speculators rushed to capitalize on the perceived opportunity.</p> 
<p>Skrice Studios has developed Heroes of Mavia, a mobile free-to-play Web3 MMO Strategy game. Set in the fantasy realm of Mavia, players engage in base-building and strategic battles to acquire in-game resources like Gold, Oil, and Ruby.</p> 
<h3 id="gaming-tokens-on-bullish-rally">Gaming Tokens On Bullish Rally</h3> 
<p>Interestingly, the MAVIA price rally comes as gaming tokens also receive a fresh impulse with the Bitcoin price <a href="https://coingape.com/bitcoin-breaks-50k-heres-what-you-should-know/" target="_blank" rel="noopener">crossing $50,000</a>. Along with Heroes of Mavia, the ImmutableX (IMX) price also rallied to its two-year high.</p> 
<p>Immutable, the token powering the gaming-focused Ethereum scaling platforms Immutable X and Immutable zkEVM, surged past $3 late Sunday. The GameFi token has since maintained that level, currently stabilizing at $3.09.</p> 
<p>This marks the highest value IMX has reached since February 2022, as per CoinGecko data, with the current price reflecting a notable 37% increase over the past week. Furthermore, this surge propelled Immutable into the top 25 cryptocurrencies by market capitalization.</p> 
<p>The post <a href="https://coingape.com/mavia-price-jumps-30-amid-whale-frenzy-heroes-of-mavia-boom/">MAVIA Price Shoots 30% Amid Whale Frenzy &amp; Heroes of Mavia Boom</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>

MAVIA Price Shoots 30% Amid Whale Frenzy & Heroes of Mavia Boom

Table of Contents

Coingape News Media

Other articles published on Feb 13, 2024

Preparation for the Bull continues: "Giant Whale is collecting all his money from this altcoin!"

Bitcoin Price Prediction: Top Analyst Sees BTC Price Soaring As High As 600k In Extended Bull Run...

BNB and ADA Price Prediction for February 13

Solana Surpasses BNB to Take Fourth Spot in Crypto Market Capitalization

Analyst Predicts Bitcoin’s Market Value for September 2024

Binance Futures Introduces MANTRA (OM) Leveraged Futures Trading

Join our free newsletter for daily crypto updates!