The Illuvium token ($ILV ) has increased by 60% in the last 24 hours and is now priced at $24.41. Let's explore the reasons behind the rally.

The price of the Play-to-Earn segment token has risen ahead of the Illuvium Pro League 2025 esports tournament series, which starts on August 16. Investors are actively investing in the altcoin. However, the sharp price increase has also triggered significant selling.

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