TLM: A Rising Star within the Play-to-Earn Universe

Play-to-earn (P2E) games, equivalent to Alien Worlds, have seen an outstanding rise in each interest and value throughout 2021. If you are wondering whether to leap on the TLM bandwagon, you are in the fitting place! Read on to find the potential trajectory of your favorite token.

The Meteoric Rise of P2E Games

This yr has been a breakthrough for play-to-earn games, with their popularity and market value skyrocketing. This sector remains to be in its infancy, and the probabilities seem infinite.

Introducing TLM and Alien Worlds

TLM, the native token of Alien Worlds, is making waves as a comparatively recent player within the crypto space. It powers a metaverse gaming platform that operates across Ethereum, WAX, and Binance Smart Chain, offering a playground for decentralized autonomous organizations (DAOs).

Diving into TLM’s Market Dynamics

As of now, TLM is ranked 320 on CoinMarketCap, boasting a market cap of nearly $170 million. Let’s dive into the charts to know its price motion.

Monthly Overview

With only ten months under its belt on major exchanges, TLM remains to be a fresh face. Yet, its price movement is promising, setting higher lows and highs. Support zones have been found between $0.1645 and $0.1745, with a peak around $0.4290.

Weekly Insights

Switching to a weekly view, we see patterns emerging. The price has previously shown resilience with a double bottom formation, suggesting potential for the same upward trend. Major resistance looms at $0.43, keeping the worth range-bound for now.

Daily Trading Signals

On a every day scale, TLM hovers above its support levels. Recent activity hints at a bullish presence, but when the worth dips below key areas, further declines could follow. A bounce and an in depth above $0.22 might signify an upward movement. This area is a battleground for bullish and bearish forces, so it’s value watching closely.

The Bigger Picture: Alien Worlds and the Metaverse

Alien Worlds offers a novel gaming experience, bypassing traditional cost barriers with free-to-play mechanics. Players can mine TLM and discover NFTs, enhancing their gameplay with various in-game features.

• Interactive events and NFT cross-promotions
• Landowner incentives
• Governance features
• Interoperability of digital items
• Land-based services

With TLM being accessible on leading blockchains, it stands to draw a various user base. As concepts just like the metaverse gain traction (hello, Facebook’s rebranding to “Meta”), TLM might be on the cusp of something big.

Final Thoughts

While many NFT games have entered the market, few have captured attention like TLM. Comparisons to Axie Infinity have even surfaced, with many anticipating TLM might revisit its all-time high in the following bull run.

• Market conditions are still evolving, making future directions uncertain.
• Previous price patterns suggest potential upward movement.
• The $0.20 mark stays a critical battleground for market players.

Remember, the views shared listed below are subjective. Always conduct your individual research before making investment decisions. This article is not financial advice but a springboard for your individual exploration. CoinMarketCap goals to be a neutral source of knowledge, and any links to third-party sites are provided for convenience, not endorsements.

Image Credit: coinmarketcap.com