{"id":11178,"date":"2022-03-19T16:54:42","date_gmt":"2022-03-19T16:54:42","guid":{"rendered":"http:\/\/egrowonline.com\/?p=11178"},"modified":"2022-03-19T16:54:42","modified_gmt":"2022-03-19T16:54:42","slug":"play-to-earn-altcoin-project-soars-1176-in-just-30-days-surpassing-2000000000-market-cap","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=11178","title":{"rendered":"Play-to-Earn Altcoin Project Soars 1,176% in Just 30 Days, Surpassing $2,000,000,000 Market Cap"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A decentralized finance (DeFi) and gaming altcoin has been in the midst of a moonshot throughout the month of March.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/xido-finance\/\" rel=\"noopener\">Xido Finance<\/a> (XIDO) is an automated market maker with a capped supply of 100 million XIDO tokens that <a target=\"_blank\" href=\"https:\/\/www.xido.finance\/\" rel=\"noopener\">offers<\/a> yield-farming incentives to liquidity providers.<\/p>\n<p>This week, the project officially <a target=\"_blank\" href=\"https:\/\/xidofinance.medium.com\/the-xido-has-opened-the-p2e-official-site-febd7e01b44a\" rel=\"noopener\">launched<\/a> its play-to-earn <a target=\"_blank\" href=\"https:\/\/game.xido.finance\/\" rel=\"noopener\">gaming project<\/a> in order to \u201ctake the first step in the metaverse.\u201d The XIDO token was also recently <a target=\"_blank\" href=\"https:\/\/twitter.com\/XidoFinance\/status\/1502591576773578755\" rel=\"noopener\">listed<\/a> on the Singapore-based crypto exchange XT.com.<\/p>\n<p>The project\u2019s native asset, XIDO, is trading at $81.08 at time of writing, up more than 200% from where it was priced one week ago with a $2,049,535,000 market cap. The 56th-ranked crypto asset is up a whopping 1,176% in the past 30 days.<\/p>\n<p>Xido Finance launched back in the third quarter of 2020, with the XIDO token rolling out last June and peaking at $481 that same month before correcting heavily. The project was <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2022\/03\/08\/overlooked-altcoin-erupts-170-in-matter-of-days-while-rest-of-crypto-markets-stagnate\/\" rel=\"noopener\">launched<\/a> on the Binance Smart Chain (BSC).<\/p>\n<p>Xido Finance says its goal is to \u201cdrive the creation of a fully transparent, community-owned, and open-source oracle platform.\u201d<\/p>\n<p>According to the project\u2019s website, Xido Finance plans to release its own wallet while getting more exchanges to list XIDO this year. XIDO Finance is also looking to build its next iteration later this year.<\/p>\n<p><em><span style=\"font-size: 13pt\">Check <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" rel=\"noopener\">Subscribe<\/a> to get crypto email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\" rel=\"noopener\">Twitter<\/a>, <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" rel=\"noopener\">Facebook<\/a> and <a target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\" rel=\"noopener\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n&amp;nbsp<br \/>\n<a target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\" rel=\"noopener\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>\u00a0<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/i0.wp.com\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png?resize=800%2C99&amp;ssl=1\" width=\"800\" height=\"99\" data-recalc-dims=\"1\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Featured Image: Shutterstock\/GrandeDuc\/Fotomay<\/span><\/em><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/dailyhodl.com\/2022\/03\/19\/play-to-earn-altcoin-project-soars-1176-percent-in-just-30-days-surpassing-2000000000-market-cap\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A decentralized finance (DeFi) and gaming altcoin has been in the midst of a moonshot throughout the month of March. Xido Finance (XIDO) is an automated market maker with a capped supply of 100 million XIDO tokens that offers yield-farming incentives to liquidity providers. This week, the project officially launched its play-to-earn gaming project in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[349,2221,355,219,5454,173,263,2398],"class_list":["post-11178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-altcoin","tag-cap","tag-days","tag-market","tag-playtoearn","tag-project","tag-soars","tag-surpassing"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/crypto-breakout-meteoric.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11178"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11178\/revisions"}],"predecessor-version":[{"id":11180,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11178\/revisions\/11180"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/11179"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11178"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}