$PIRATE Leading The Charge In Web 3 Gaming: Significant Activity From Smart Traders

July 13, 2024

$PIRATE, one of the best-performing gaming coins recently, continues to make waves in the Web 3 gaming space.

After the successful launch of its PIRATE token, Pirate Nation is poised to expand further by adding support for more blockchain networks to accommodate its growing player base.

The Pirate Nation game, a Proof of Play game, has gained substantial traction, having raised $33 million in a funding round backed by major investors, including two Tier 1 funds, two Tier 2 funds, and numerous Tier 3 and Tier 4 capital contributors.

Smart Wallet 0x4de50 (icrypto.ai/wallet/0x4de50…) has been particularly active with the PIRATE token. This wallet combines purchases from decentralized exchanges (DEX) with withdrawals from Bybit, subsequently staking the tokens to earn in-game points.

Typically, the tokens are unstaked and sold on the DEX or redeposited back to Bybit after about three days. The latest activity from this wallet, 10 hours ago, involved buying 209,600 $PIRATE, valued at approximately $59,510, and staking the entire amount.

Multiple Whales Wallets Accumulates $PIRATE Tokens 

Similarly, the 180-Day Smart DEX Trader wallet 0xf6f1 (icrypto.ai/wallet/0xf6f18…) has accumulated 141,710 $PIRATE, worth around $38,490 over the past week, although it has not yet sold or staked these tokens.

Another notable wallet, mlai.eth 0xf6f6 (icrypto.ai/wallet/0xf6f6d…), purchased 360,200 $PIRATE for approximately $100,400 a month ago and has not unstaked these tokens yet. This wallet currently has unrealized profits of about $6,320 from this holding.

With $PIRATE now in the entry zone of smart traders, the token continues to attract significant interest. The strategic moves by these smart wallets indicate strong confidence in the token’s potential, reinforcing $PIRATE’s position as a leader in the Web 3 gaming sector.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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About The Author

Will

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.