Portal's ecosystem token, PORTAL, is slated for listing on the leading cryptocurrency exchange, Binance, on February 29 at 10 am UTC. This event marks a pivotal moment for Portal as it seeks to onboard a billion gamers into a Web3 environment, pushing the boundaries of traditional gaming experiences.
Consequently, Portal's initiatives, as the team claims, stand out for their approach to integrating blockchain technology with gaming, enhancing player engagement and ownership.
On the hype of PORTAL's Binance listing, the token has accumulated approximately 1 million posts on Twitter which shows the token's widely discussed nature and the fact that it has received massive attention and acceptance.
This internet outburst points to the community's willingness to embrace Portal's idea of revolutionizing gaming roles. The collaboration between Portal and FaZe Sway, a major gaming personality with more than 10 million followers across multiple platforms, not only boosts the reach of the green portal and may make it more popular all over the world.
Portal's strategic alliances and innovations play a crucial role in its mission to revolutionize the gaming landscape. By partnering with key players across gaming, entertainment, and blockchain sectors, Portal ensures a rich and diversified gaming ecosystem. The integration of the top-rated Web3 games and the success of its play-to-earn social game Crystal Dash is an illustration of the Portal's focus on delivering the elite gaming experience.
These endeavors can forge a closer relationship between players and games and open up new pathways for players to not only influence but also own the gaming economies they actively engage.
As Portal prepares for its token launch on Binance, the distribution and accessibility of PORTAL to a broad audience remain paramount. The initiative to open a dedicated Telegram channel for community support highlights Portal's dedication to ensuring a smooth transition for users into the Web3 space.
Moreover, the distribution of 20 million PORTAL tokens to market makers prior to the launch emphasizes the importance of liquidity and stable trading, facilitating a favourable entry point for investors and users alike.
Portal's journey represents a significant leap towards integrating blockchain technology into the gaming industry, offering a glimpse into the future of gaming economies where players hold power and ownership. As PORTAL goes live on Binance, the excitement within the community and the potential for transformative change in gaming are palpable, setting the stage for a new era in the intersection of gaming and blockchain technology.
Despite starting the day under bearish sentiment that dipped PORTAL to an intra-day low of $10.05, bullish momentum nullified the bearish grip. Consequently, the bulls soared the price to a high of $19.48, at press time, a 78.95% surge from the support level.
PORTAL/USD 24-hour price chart (source: CoinMarketCap)
The 24-hour trading volume skyrocketed by over 66% during the rally, touching $1,406,710. However, despite the rally, PORTAL is 5% down from its all-time high achieved on the 28th of February.
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