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Why is BURGER Trending on Binance? The Trigger Behind Its Double-Digit Rally

Rene Peters Rene Peters
October 18, 2023

The native token of decentralized finance (DeFi) platform BurgerSwap, BURGER, has seen a recent double-digit price rally after the project integrated with metaverse gaming startup X World Games.

BurgerSwap first launched in 2020 as an automated market maker on the Binance Smart Chain, designed as a rival to Ethereum’s SushiSwap. The anonymous developer team has since shifted focus to building a DeFi-enabled metaverse game known as BurgerCities.

BurgerCities lets users become liquidity providers, supporting in-game token pools. It also incorporates non-fungible tokens (NFTs) and gameplay featuring activities like socializing and gaming. Players can experience DeFi activities like swapping and staking through their in-game avatar.

The goal is to create a unified metaverse ecosystem merging DeFi, NFTs, and gaming. This intersection between decentralized finance and the metaverse is often referred to as MetaFi.

BURGER has rallied over 10% in the last 24 hours and is trading at $0.3606, alongside a 700% spike in trading volume, according to recent data. The boost appears to be driven by a collaboration with X World Games announced this week.

Source: CoinStats – Start using it today

X World Games will integrate BurgerCities assets into its own metaverse gaming platform. The partnership aims to drive further adoption by exposing BurgerCities to a wider gaming audience.

The collaboration showcases the potential of metaverse projects like BurgerCities to increase engagement and utility for DeFi protocols. As the metaverse concept gains momentum, the convergence of gaming, digital assets, and decentralized apps may emerge as key on-ramp for broader crypto adoption.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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