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What Is An Adventure Gold Coin And Its Price Prediction 

Started by PocketOption, Feb 22, 2023, 04:21 am

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What Is An Adventure Gold Coin And Its Price Prediction 

What Is An Adventure Gold Coin And Its Price Prediction 

What Is An Adventure Gold Coin And Its Price Prediction 

Have you recently wondered, “What is an adventure gold coin?” and whether it is worth investing in? How crucial is it that, as a serious trading professional, you also consider this available option?

First of all, in the last few years, the interest in various coins has become huge. There has been increasing competition among traders on the global market lately. Therefore, it is not surprising where the craze for a coin such as an adventure gold coin comes from.

But what does it represent? How is he different from many others today? Let’s find out all the crucial information about him, shall we?

Get all the information about the Adventure Gold Coin.

The adventure Gold Coin, commonly known as “AGLD,” represents an ERC-20 token established on the dynamic Ethereum Blockchain. The community of the Loot ecosystem was the one who issued the Token in order to send it to the NFTs of the Loot project.

According to their official website, Loot is described as a randomized, text-based adventure gear developed and preserved on-chain”. So, we have a fantastic, crowdsourced Non-Fungible Token project that launched and distributed their Non-Fungible Tokens free of charge. 

In other words, the Loot project has its cryptocurrency named Adventure Gold (AGLD), that’s also been given out for free to Loot NFT owners. Even though there is no specific use for AGLD yet, traders could use it as an in-game currency for the Loot project. Also, it may be utilized as a governance token for users to vote on the project’s future.

Get all the information about the Adventure Gold Coin.

What is an ERC-20 token exactly?

Complete newbies wondering, “What is an adventure gold coin” should first get to know what the ERC-20 Token stands for. So, ERC-20 refers to a tech standard for fungible tokens developed using the Ethereum blockchain. A fungible token cannot be changed with another token. 

On the other hand, NFTs aren’t interchangeable. Regarding ERC-20, developers are allowed by it to develop tokens enabled by a smart contract that could be utilized in conjunction with other services and products. 

These tokens are not inherently unique but can be transferred and represent assets, ownership, access, cryptocurrency, or other items.

The Loot project’s approach

A common approach for NFTs is top-down, where creators generate NFTs and gain collectors as their fan base grows. However, the Loot project has taken a different bottom-up approach. It has given NFTs to collectors, enabling the community to create games, avatars, novels, and other valuable assets from them. 

The project’s website describes it as “unfiltered and uncensored building blocks of community-driven stories, experiences, and games.

A brief history of the Adventure Gold Coin (AGLD)

Adventure Gold was launched on September 2, 2021, by Will Papper, who is also a co-founder of SyndicateDAO – a decentralized investing protocol. After Vitalik Buterin (the founder of Ethereum) endorsed the Loot project, Will wrote the AGLD code in just four hours. 

As a result, Loot owners could claim 10,000 AGLD tokens without any charge except the Ethereum gas fee.

How are AGLD Tokens Generated?

New tokens are distributed through airdrops directly to Loot NFT owners.

How Many AGLD Tokens Exist?

The total supply of AGLD tokens is 70.2 million.

How to Buy AGLD Tokens

You can purchase AGLD on multiple decentralized and centralized exchanges, including Coinbase.

Why is the Loot project so unique? 

Why is the Loot project so unique? 

Traders eager to discover “What is an adventure gold coin” also want to discover why the Loot project is so unique and special. The main reason is that the project could be more visually appealing and needs a user interface or front-end functionalities. 

Instead, it consists of eight thousand one-of-a-kind bags of Non-Fungible Tokens that are character based. These NFTs feature descriptions of adventurer gear such as armor, hoods, belts, rings, gloves, and necklaces. Users can claim these bags without additional cost and unbundle them to reveal their contents.

Enthusiasts need to remember that the success of the famous Adventure Gold Crypto Coin is heavily reliant on the overall performance of the cryptocurrency industry. Just like any other investment, investors and traders must have a well-thought-out strategy in place and understand that AGLD is not an ideal investment for those with a low-risk tolerance.

Nonetheless, for those who are financially stable and have a high appetite for risk, Adventure Gold can be an attractive investment opportunity that provides exposure to a constantly expanding ecosystem and innovative technology.

Besides getting the answer to the question: “What is an adventure gold coin” let’s find out all about the adventure gold price and analysis!

Adventure Gold Price Prediction and Analysis

Based on our experts’ current Adventure Gold price projection, the value of Adventure Gold is anticipated to increase by 3.11% and hit $0.562246 by February 22, 2023. Our technical indicators indicate a favorable market sentiment, while the Fear & Greed Index is 61 (Greed). 

Adventure Gold had 16 of 30 (53%) green days, and its price was subject to 17.97% volatility in the previous 30 days. Our forecast for Adventure Gold suggests that this is an opportune moment to invest in it.

As of the time of writing, investors and traders are generally optimistic about the future of Adventure Gold, as 25 technical analysis indicators are showing bullish signals while only one indicates bearish signals. This indicates a bullish sentiment toward the Adventure Gold price prediction.

Gold Price

How to forecast the Adventure Gold Coins’ future?

One method to forecast the future value of Adventure Gold over the long term is to compare it with other significant technological innovations and trends. The table above illustrates Adventure Gold’s projected value by the end of 2024, 2025, and 2026, assuming its growth trajectory emulates that of the internet, Google, or Facebook during their growth phases.

In an ideal scenario, Adventure Gold’s price is expected to reach $11.07 in 2026 if it grows at a rate similar to that of Facebook. However, if Adventure Gold’s growth follows the path of the internet, the projected value for 2026 would be $1.269535.

Correlation of the Adventure Gold Coin Price

Adventure Gold’s price includes a positive correlation of 0.597. There are the best 10 coins by market cap, which keeps out USDT, and a positive correlation of 0.573 in accordance to the top 100 coins by market cap, keeping out all stablecoins.

When two currencies have a positive correlation, their movements tend to be in the same direction. On the other hand, if two currencies have a negative correlation, their movements tend to be in opposite directions. This means that a one direction's move for Adventure Gold could result in a move contra for a negatively correlated coin.

Is adventure gold a good investment or not?

Besides asking yourself, “What is an adventure gold coin,” people are asking, “Is adventure gold a good investment or not?”. Considering the huge supply and competition in the crypto market, Adventure Gold crypto coin can be a very interesting and profitable investment.

Nonetheless, whether or not to invest in Adventure Gold (AGLD) is a decision that ultimately comes down to your risk tolerance. As you can observe, AGLD’s price has risen by 1.96% over the past 24 hours and has grown by 49.69% in the past 30 days. Whether this investment aligns with your trading objectives is what matters.

But if we take a closer look at the previous 30 days, the Adventure Gold Coin has had 18 out of 30 (60%) green days, which indicates a positive trend. Based on our historical data, investing in Adventure Gold is a profitable decision. 

However, it’s worth noting that the price of Adventure Gold has decreased by -65.94% in the past year, so investors should carefully consider their investment goals and risk tolerance prior to making their final decision.


Why should you consider investing in cryptocurrencies?

Generally speaking, investing in cryptocurrency can yield astronomical returns overnight, but it also comes with significant risks. As such, before investing, individuals should carefully analyze whether their investment goals, time horizon, risk tolerance, and liquidity requirements align with the potential rewards and risks of investing in this volatile asset class.

Some of the biggest advantages of investing in cryptocurrencies include the information that the cryptocurrencies are full of:

  • Decentralized

  • Self-managed and governed

  • Cost-effective when it comes to its transaction

  • Very private and secure

  • They’re protected from inflation.

  • Are one of the most profitable investments if picked wisely.

Key Takeaways

  • The Adventure Gold Goin is an ERC-20 token on the Ethereum blockchain issued by the Loot community to send to NFTs of the Loot project.

  • Loot is a crowdsourced, text-based adventurer gear NFT project developed and preserved on-chain.

  • AGLD is the cryptocurrency of the Loot project and has been distributed for free to Loot NFT owners.

  • Currently, AGLD doesn’t have a specific use, but it could be used as an in-game currency for the Loot project.

  • AGLD may also function as a governance token, enabling every enthusiast to vote on the project’s future.

  • The Loot project is unique and innovative, providing its users with randomized adventurer gear NFTs developed and preserved on-chain.

  • AGLD is a fascinating aspect of the Loot project that allows users to trade it as an asset, even though it doesn’t have a specific use yet.

  • The idea of an in-game currency that can be traded like an asset could revolutionize the gaming industry by providing players with a tangible and valuable asset they can own and trade.


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