Pirate Nation Soars over 70% as Coinbase Listing Fuels Rise
The Pirate Nation (PIRATE) price has surged over 72% in the past 24 hours, reaching $0.3269 as of 4:45 a.m. EST. This meteoric rise follows the crypto's listing on the leading US exchange, Coinbase.
Coinbase Adds Pirate Nation to Ethereum Network
Coinbase announced via Twitter: "Coinbase will add support for Pirate Nation (PIRATE) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds may be lost."
Pirate Nation's Play-to-Earn Game
Pirate Nation is a Proof of Play's crypto game backed by a16z.
Technical Analysis
Bearish Rising Wedge Pattern
The PIRATE price has formed a bearish rising wedge on its hourly chart. This pattern suggests that the crypto may be losing bullish momentum and could be at risk of a correction. Support may be found at the $0.2910 level.
Bullish Breakout Potential
If PIRATE successfully breaks above the $0.3749 level, it could invalidate the bearish pattern and potentially rise further.
Alternative Crypto: PlayDoge
While Pirate Nation navigates its technical pattern, investors are also flocking to the play-to-earn Dogecoin derivative PlayDoge (PLAY), which has raised over $4 million in its presale.
PlayDoge: A Modern Spin on Tamagotchi
PlayDoge is a play-to-earn project inspired by the popular Tamagotchi game. Players can interact with virtual pets through smartphone support and earn PLAY tokens by caring for them.
Presale and Staking Opportunity
Presale buyers of PLAY have the opportunity to lock up their tokens for a competitive APY of 198%. PLAY is currently available for purchase for $0.00507 using ETH, USDT, BNB, or bank card.
Upcoming Events
- PLAY's price increase is scheduled to occur in less than three hours.
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