The RCADE token, trading under its ticker, is currently priced at $0.00087488. While the price may seem small, the token has shown a significant daily increase of +29.24%. This substantial jump in value is a strong indicator of growing interest and positive sentiment from the market. Such a surge could be fueled by new developments in the project, a successful marketing campaign, or a general bullish trend within the GameFi sector.

  • Market Cap: The token's market capitalization stands at $7.26M. This is a respectable figure for a GameFi token, suggesting that the project has a solid and expanding footprint in the market.

  • Liquidity: With a liquidity of $683,562.37, RCADE demonstrates a healthy level of trading activity. High liquidity is crucial for any token, as it ensures that investors can buy and sell their holdings with minimal price impact, providing stability and confidence.

  • Holders: The number of holders is 1,267. While not as high as some other projects, this number represents a dedicated and engaged community. For a GameFi token, a strong and active holder base is vital, as these are the people who will likely be participating in the ecosystem's games and applications.

  • Total Value Locked (TVL): The snapshot mentions a TVL of $35.00M. This is a particularly impressive metric. A TVL that is significantly higher than the market cap suggests that a large amount of value is locked within the RCADE ecosystem, likely for staking, in-game assets, or other DeFi protocols. This is a powerful sign of confidence from the community and hints at a very active and valuable ecosystem.

Conclusion:

  • The RCADE token, as depicted in this Binance snapshot, is a compelling example of a successful GameFi project. Its combination of a strong price surge, a healthy market cap, a very high TVL, and a growing community paints a picture of a project with significant momentum and potential. While the crypto market is inherently volatile, the data suggests that RCADE has successfully captured the attention of both investors and gamers, positioning itself as a noteworthy player in the ever-expanding GameFi landscape.