Heroes of Mavia is a blockchain-based strategy game that utilizes the MAVIA token as its in-game currency. This digital asset plays a central role in the game's economy, facilitating transactions, governance, and player rewards. Understanding its market dynamics is essential for players and investors alike.
The live price of Heroes of Mavia (MAVIA) is subject to constant change due to market forces. At the time of writing, it is approximately $0.1387. The token has experienced a 24-hour trading volume of around $10,043. Over the past day, its value increased by +2.21%, while its weekly performance shows a decrease of -5.96%. With a circulating supply of 111,931,126 MAVIA, its current market capitalization stands at roughly $15.56 million.
Understanding MAVIA Tokenomics
Tokenomics refers to the economic model governing a cryptocurrency. For MAVIA, this includes its supply distribution, utility, and incentives for holders.
- Circulating Supply: 111,931,126 MAVIA
- Maximum Supply: 256,989,887 MAVIA
- Market Capitalization: ~$15.56 Million
This fixed maximum supply creates a potential deflationary pressure as demand for the token increases through gameplay and ecosystem growth.
Historical Price Performance
Analyzing past performance can provide context, though it is never a guarantee of future results.
| Period | Price Change | Percentage Change |
|---|---|---|
| Today | +$0.003 | +2.21% |
| 7 Days | -$0.0085 | -5.70% |
| 30 Days | -$0.054 | -27.94% |
| 3 Months | -$0.1238 | -47.09% |
The token's all-time high price was $10.70, meaning the current price is significantly lower. Conversely, its all-time low was $0.0969, from which it has appreciated.
What Influences the Price of MAVIA?
The value of MAVIA is influenced by a combination of micro and macroeconomic factors specific to both the game and the broader crypto market.
1. In-Game Adoption and Utility: The primary driver of demand is the number of active players using MAVIA for in-game purchases, land upgrades, and NFT transactions. More players equate to higher demand for the token.
2. Game Development and Updates: Major content updates, new features, and successful bug fixes can boost player confidence and attract new users, positively impacting the token's price.
3. Broader Crypto Market Sentiment: MAVIA, like most altcoins, is often correlated with the overall health of the cryptocurrency market. Bullish trends can lift its price, while bearish markets can create downward pressure.
4. NFT Market Dynamics: Heroes of Mavia heavily integrates NFTs for land and items. The health and trends of the wider NFT market can indirectly affect MAVIA's value due to their interconnected utility.
For those looking to dive deeper into the metrics that drive token values, you can explore more strategies for analyzing blockchain-based assets.
Is Heroes of Mavia (MAVIA) a Good Investment?
Investing in any cryptocurrency carries inherent risk. However, several potential benefits are associated with the Heroes of Mavia ecosystem:
- Play-to-Earn Model: The game offers a way for players to earn real income through skillful gameplay and strategic asset management.
- True Asset Ownership: In-game assets like land are tokenized as NFTs, giving players full ownership. These assets can be traded, sold, or rented on open marketplaces.
- Diverse Earning Streams: Players can earn through various activities, including direct gameplay, staking tokens, and participating in the game's economy.
- Governance Rights: MAVIA token holders may have the ability to participate in governance votes, influencing the future development of the game.
- Growing Blockchain Gaming Sector: The project is part of the expanding blockchain gaming industry, which continues to attract new users and investment.
It is crucial to conduct your own thorough research and understand the volatility of the crypto market before making any investment decisions.
How to Acquire and Store MAVIA
MAVIA tokens can be acquired on several cryptocurrency exchanges. Once purchased, secure storage is paramount.
Storage Options Include:
- Exchange Wallets: Convenient for active trading but considered less secure as you do not control the private keys.
- Self-Custody Wallets: Software wallets (web, mobile, or desktop) where you control your private keys.
- Hardware Wallets: Physical devices that offer the highest level of security for storing cryptocurrencies offline.
- Paper Wallets: A physical document containing your public and private keys, but they can be easily damaged or lost.
Frequently Asked Questions
How much is 1 Heroes of Mavia (MAVIA) worth?
The price of 1 MAVIA fluctuates constantly based on market supply and demand. You can check real-time exchange rates using various cryptocurrency price tracking websites and tools.
What is the best way to track MAVIA's price?
Utilize reputable cryptocurrency market data platforms that provide real-time price charts, historical data, trading volume, and market capitalization figures for MAVIA.
Can I convert MAVIA to cash?
Yes. Typically, you would first trade MAVIA for a stablecoin like USDT on a spot market. Then, you can use a peer-to-peer (P2P) platform or a supported exchange service to convert that stablecoin into your local fiat currency.
What is the main utility of the MAVIA token?
The MAVIA token is used for various in-game activities, including purchasing items, upgrading land, participating in governance, and staking to earn rewards.
How does the play-to-earn mechanism work?
Players can earn MAVIA tokens by completing in-game quests, winning battles, and contributing to the ecosystem. These tokens can then be used, held, or sold on exchanges.
Are there risks involved in playing Heroes of Mavia?
As with any crypto-economic system, there are risks. These include the volatility of the MAVIA token's price, the potential for changes in the game's economy, and the inherent risks of managing digital assets and NFTs. Always prioritize securing your digital wallet.
To get a clearer picture of how these tokens function within a live economy, you can view real-time tools that monitor on-chain activity and liquidity.