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The cryptocurrency market continues to grow every day with new tokens entering the market every day. It becomes tiring to keep track of every new token in the market and every update happening in an ecosystem. However, due to the volatile nature of cryptocurrencies, it is necessary to be aware of and understand such changes. This article discusses three cryptocurrencies that could potentially provide huge returns in the future. Read on to know more about the new entrant in the market -Fortrex: Colors Duel (MAGG), and the potential updates in the Ethereum (ETH), and Algorand (ALGO) ecosystems.
Fortrex: Colors Duel aims to set up a community of GameFi enthusiasts to develop and enjoy diverse, fun and addictive games at the crossroads of gaming and DeFi.
The MAGG governance token was launched to provide voting power to buyers inside the platform. The platform allows users to acquire random rewards inside the gaming ecosystem for free.
The presale of the MAGG token will be the best time to purchase the token at very attractive prices. The total supply of the token is set at 100,000,000 tokens. A major advantage of holding onto MAGG Tokens is that users will be able to get a share of the revenue in proportion to their wallet holdings. To prevent an instances of rug pulls, the tokens sold will be subjected to a vesting period of 4 months. This would help protect all buyers and will ensure greater transparency in the long-term.
The second token of the platform, the CAT, is intended for players. The CAT tokens earned during each game by the players can be easily swapped for other tokens.
Fortrex: Colors Duel believes that its
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