B3 Ethereum Gaming Token on Base Jumps to New Excessive Value After Airdrop – Decrypt

B3, an ecosystem token for the Ethereum layer-3 gaming community of the identical title, climbed to a brand new all-time excessive on Tuesday after it was launched and airdropped to early customers the day prior. 

The token, which now trades at a worth above $0.016, is claimable till February 24 for customers and builders from “Season 1” who earned XP or BP factors within the B3 ecosystem. The B3 community is constructed atop Coinbase’s Ethereum layer-2 community, Base. 

The airdrop declare opened on Monday with the B3 token buying and selling in a spread from $0.004-$0.005 for a lot of the day, transferring larger after Coinbase introduced the token was dwell for buying and selling on its platform on Monday evening.

Now B3–which offers holders and stakers with unique advantages, like entry to devoted gamechains and early entry to video games–is buying and selling greater than thrice larger at $0.0161, down about 11% from the all-time excessive worth above $0.018 that it achieved on Tuesday. The worth practically touched $0.018 once more on Wednesday afternoon.

Roughly 20% of the B3 provide was put in circulation on day one, 11% of which was a part of the S1 airdropped tokens coming from a complete allocation of 34.2 billion tokens that may ultimately be offered to the group and ecosystem—a few of which is able to come within the type of one other airdrop.

“This S1 airdrop isn’t only a one-time occasion,” the platform posted on X (previously Twitter). “There can be extra airdrops, tournaments, and gamified methods to earn B3 going ahead.”

B3’s gaming ecosystem has grown to greater than 80 titles and 6 million gamers since its launch in 2024. Notable Web3 gaming manufacturers like Parallel and InfiniGods are actively constructing within the B3 ecosystem, and plan to launch devoted “gamechains” dedicated to various kinds of video games.

Edited by Andrew Hayward