This is the next GameFi project with a promising 1,000% return, says analyst Randall Trzaska
Popular analyst Randall Trzaska unveils with his subscribers an upcoming GameFi project named Meme Lordz powered by Binance Smart Chain with a promising potential to rise 1,000%.
Meme Lordz overview
Meme Lordz (LORDZ) is an upcoming blockchain game powered by the BSC network. It is a top-down RPG utilizing blockchain technology to immortalize each Meme Lord as a Non-Fungible-Token.
“You may have to battle, bind and collect as you journey through a mysterious land powered by the collective thought-forms of humanity.”
LORDZ is a utility token of Meme Lordz that acts as a major incentive for holders. According to the trader, LORDZ will be required to mint NFT’s from in the game. This means users will need BNB to pay for blockchain gas fees and a small LORDZ payment on top to successfully mint a Meme Lordz NFT after battling & catching them in the game.
“This will drive the value of LORD up as new users see the value of NFT’s found in the game and subsequently acquire LORDZ from the open market.”
LORDZ price potential
At the time of the video, LORDZ was trading at $0.09 with a market cap of only $9M. The trader believes that with the current healthy chart, it is very easy to see LORDZ sitting at a $20M marketcap this week.
Composed of a perfect mix of all the current trends memes, blockchain games, and NFTs, analyst Trzaska says that LORDZ has a strong price potential to rise at least 10x.
“I think LORDZ will reach $100M before it launches. Launches like this are always great for price increases and LORDZ has a lot planned for the next couple of weeks leading up to the launch including CMC listing, Quora Inner Circle Partnership, and several more tier-1 influencers coming,”
In the long term, the analyst is looking for $500M in the market cap of this coin:
“The market for blockchain games is big and there is enough space for everyone. Even very simple and boring battle games like Cryptoblades or Binamon have seen incredible rises to $100M. That means if LORDZ builds a decent game, several hundred million is quite possible.”