MAVIA Token Plunges After Setting All-Time High in Heroes of Mavia Game
**MAVIA Token** of the popular mobile strategy game **Heroes of Mavia** has experienced a sharp decline in value over the last two days, following a new all-time high price. Skrice Studios’ game **Heroes of Mavia**, available for iOS and Android, had planned to incorporate the **MAVIA** token to offer certain benefits and had already sold NFT land plots prior to its debut in January.
Despite the recent dip, MAVIA’s value has surged 338% since its initial price of $1.83 two weeks ago. The token has recorded nearly $99 million in trading volume over the past day, ranking 8th among gaming tokens according to **CoinGecko**.
The dip in MAVIA’s value could potentially be attributed to investors and airdrop recipients taking profits following the recent price surge. The token’s value currently sits around $8.00, marking a 24% decrease since reaching its peak price of $10.59.
**Heroes of Mavia** aims to attract a large audience and has already offered a token claim to 100,000 early players and NFT land owners who participated in previous staking campaigns. The game has achieved over 2 million downloads, with 278,000 daily active users reported.
The gaming company has also unveiled a detailed roadmap for the game, which includes the integration of crypto elements, additional gameplay features, and an extended period of **MAVIA** staking rewards for NFT land owners. An **Ethereum scaling network** to implement these crypto components will soon be announced.
Analyst comment
Positive news: MAVIA Token has experienced a significant surge in value, with a 338% increase since its initial price. The token has achieved a high trading volume and ranks 8th among gaming tokens. The game, Heroes of Mavia, has a large user base and has unveiled plans to integrate crypto elements and provide staking rewards for NFT land owners.
Market prediction: Despite the recent dip in value, MAVIA Token is expected to stabilize and potentially recover in the near future. The integration of crypto elements and the planned announcement of an Ethereum scaling network could attract more investors and drive up the token’s value.
