Ark Of The Universe Causes Controversy After Token Crash

Then of reaching a historical maximum of 0.01 USD, the price of the Token dropped almost 80%

On Saturday March 19, the game «Ark Of The Universe» reached a record high of $0.01 per token. The pre-sale began on Saturday, February 12, 2022 at 5:00 p.m. (UTC) and ended on Tuesday February 15, 2022 at 5:00 p.m. (UTC). They were purchased by Pancakeswap.

According to Pinksale, the tokens were distributed as follows: 30% of the tokens at the end of the pre-sale and then 20% of the remaining tokens every 7 days (capital retention strategy). Upon going to market, the token was trading at around 0.001418 USD per token (1 BNB = 320,000 ARKS), its all-time high is 0.010026 USD per token. Currently the price is 0.002452 USD per token.

The total Supply is 500,000,000 but only 80,000,000 were sold in the presale. The rest of tokens are locked until Tuesday, February 14, 2023 23:30 UTC (in a year).

The beginning of the controversy

Some users are satisfied because they got the token during the pre-sale (which was 0.0014000 USD per token). If for some reason they were unable to sell at when the increase, at this point they would still have the double of capital invested. However, the participants who did not buy during pre-sale, making progressive purchases at different prices had a loss depending on the point at which they entered.

Although it had a good start, today users lost faith because the price of the token dropped significantly. We will be attentive to how it fluctuates this week to provide information about it.

About Ark of the Universe

Ark Of The Universe is an NFT game of Brazilian origin. The game has a futuristic theme, with P2E profitability and its engine is on the block chain. The plot is set in outer space, where through asteroids, necessary resources can be obtained and follows a community that needs to adapt and make a big decision in order to obtain those resources.

The game offers the opportunity for players to discuss, question and give their opinion about the future within the Ark Of The Universe universe.

The corporate team is made up of six members. His motto is “generating opportunity moves them”. The vision is what is manifesting today, a new reality, where technology through the Metaverse brings revolution to professions, finances, relationships, dreams and goals.

This note is simply for informational purposes, it is not an investment recommendation.