With the continuous rise in cryptocurrency prices, the virtual pet application “xPET” has attracted increasing attention from the market. Currently, the number of players has exceeded 13,000, and the market value has surpassed $413 million.
Retro 90s electronic pet trend sweeps the cryptocurrency circle! Following “Fren Pet,” the new “xPET” has gained popularity. Built on Arbitrum, xPET presents itself as a plug-in software, allowing players to have more interaction with the X platform.
The gameplay of xPET is similar to many GameFi projects. Players can raise pets that automatically harvest blueberries (BERRY) and process them into coins (BPET) at the factory. Players can use these coins to upgrade pets and the factory, increase production, and sell coins on the blockchain for real profits.
This design makes pets and factories resemble virtual mining machines, allowing players to calculate input, output, and payback period, integrating gaming fun with investment returns. The latest news today reveals that when pets reach level 10 or above, players can also engage in PvE battle mode.
What sets xPET apart is its integration of treasure chests with the X platform. Treasure chests randomly appear next to X articles, requiring players to search for them on X. This design provides players with a new gaming challenge and creates a Web3 advertising model. In the future, anyone who wants to promote products or ideas can collaborate with xPET and embed treasure chests in their tweets. This way, players will naturally click on these tweets while searching for treasure chests, increasing their reach.
According to Dune data, the total number of xPET players continues to reach new highs, reaching 13,293, with approximately 3,848 ETH staked. It should be noted that in games with a payback period, investors may face selling pressure from other early adopters before breaking even, resulting in losses. Readers must be aware of the risks when playing. Before playing xPET, a referral code is required. If not recommended, readers can use: xpet_65b77932.
xPET has experienced a 91.52% increase in the past 24 hours.
In terms of token economics, xPET’s token system consists of two tokens: BPET and XPET, each with different ways of obtaining and using.
BPET Token:
Ways to obtain: BPET tokens can be obtained through several methods:
– Pet output: Virtual pets engage in activities in the game, such as picking blueberries, to produce BPET tokens.
– Opening treasure chests: Finding and opening chests on Twitter can also yield BPET tokens.
– Staking BPET: Players can choose to stake their existing BPET tokens to earn more BPET.
XPET Token:
Ways to obtain: XPET tokens can be obtained through staking Ethereum (ETH).
– Lending mechanism: Players can borrow XPET tokens up to 90% of the value of the ETH they stake.
– Repayment and retrieval of ETH: If players want to retrieve their initially staked ETH, they need to repay the borrowed XPET tokens.
Since December 5th, the price of XPET has been continuously rising, with a 90% increase in the past 24 hours, and the market value has reached $412 million.
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Tags:
Arbitrum
BPET
xPet