What Is Alice Coin? Is It A Good Investment?

ALICE Coin is the Ethereum based cryptocurrency for a trending multiplayer builder game called My Neighbour ALICE.

Before we tell you all about the ALICE coin, let’s give you a brief overview of its featured cryptocurrency. My Neighbor Alice (MNA) was developed by Antler Interactive, a mobile and VR-oriented game studio with Anna Norrevik as its CEO.

It is a new multiplayer game that has attracted the interest of not just the blockchain game players, but the overall gaming community because of its fun, player-driven storyline and and engaging blockchain-powered features. 

Centered around the world of Alice, it features complex islands on which players buy and develop plots of land and fill it with their custom creations. It also has strong decentralized finance (DeFi) element attached to it implying it appeals to the broader niche of the crypto audience. 

What Is ALICE Coin/Token?

MNA features its own in-game currency represented 1:1 on the blockchain by ALICE token. It is a native governance token, launched on Binance Launchpool in March this year. The token comes with several uses in the world of Alice and it can be used to purchase various game items, or to earn staking rewards and take part in MNA’s decentralized governance system.

The ALICE token is an ERC-20 token running on Ethereum. It is secured by ETH’s extensive proof-of-work mining network consisting of thousands of nodes working together in order to keep the blockchain in check.

What Is The Alice Coin Price?

At the time of writing this article, the 24-hour trading volume of ALICE is $154,917,975 and it ranks at #161 of all cryptocurrencies by total market capitalization. Its market cap is at $378,480,139 and its circulating supply is 30,600,000 ALICE with a max supply of 100,000,000 ALICE ALICE (This information is subject to change according to market trends).

Its noteworthy that in-game assets of My Neighbor Alice are represented by NFTs and so, they can vary in their uniqueness. For example, while the land supply is fixed, some items come in limited edition. Players that create items themselves can also control their scarcity by specifying the number of copies that are allowed to exist.

Why Should You Buy Alice Coin?

The MNA features built-in lending and borrowing economy. NFTs buying and selling between players is a trustless system that uses smart contracts which ensures lenders always manage to get their tokens back. ALICE tokens can also be exchanged at in-game and external marketplaces on a variety of blockchains. The overall security associated with ALICE’s trade makes it an ideal coin to invest in.

Where to buy it?

As with all other tokens, ALICE coin is also available on a number of exchange platforms to buy from here, we jot down the top three exchanges, along with their positive aspects.

• 1. Binance: The benefits of purchasing My Neighbor Alice (ALICE) at Binance is that you benefit from the low exchange fees than other competing exchanges. Its increased liquidity enables you to buy & sell quickly to take advantage of market.
• 2. Gate.io: They feature a large number of altcoins including My Neighbor Alice (ALICE) and they often are the first exchange to add new tokens to their platforms. They have a strong stance against all types of market manipulation.
• 3. BitYard: BitYard is a cryptocurrency exchange that supports the trading of more than 100 cryptocurrencies as well as featuring My Neighbor Alice’s ALICE token.