My Defi Pet, a blockchain-based video game whose native token is DPET. The altcoin has risen 824 percent in the previous 30 days and 301 percent in the last seven days alone, indicating that it is currently exploding in popularity. This also demonstrates that the NFT trend is still alive and well, with no signs of slowing down any time soon.
According to CoinGecko’s latest statistics, MyDeFiPet has risen to the top of Asia’s popular coins for the past week.
For a few weeks, Axie Infinity was the talk of the town, but with Axie Infinity’s server troubles, MyDeFiPet skyrocketed in popularity and ascended to the top.
It’s a virtual pet game that combines Defi, collectibles, and your own unique personality, and it’s gotten a lot of well-deserved attention. My DeFi Pet was created in May 2021 by KardiaChain, the first decentralized, interoperable blockchain network in Vietnam and Southeast Asia.
The popularity of these “play-to-earn” games has exploded recently. They have their own in-game products, characters, or currency that can be exchanged into online cryptocurrencies, just like Axie Infinity.
NFTs on a Roll!
According to Non-Fungible.com, between 20,000 and 40,000 unique consumers purchased NFTs in any 30-day period between March 1 and May 31, 2021, spending roughly $2 billion.
According to CoinMarketCap, the MyDeFiPets’s coin “DPET” soared to an all-time high of $8.70 yesterday night. It is currently trading at $7.46, a 30 percent increase in the last 24 hours. While gamers and fans of the game are gunning for the $10 mark. Only time will tell if the token will stick around, as the demand for these tokens stems from Asia’s overwhelming excitement for these games.