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League of Kingdoms Arena

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<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Binance will launch the LOKAUSDT futures contract with up to 75x leverage later today.</li> 
 <li>LOKA token surged by 20% following the announcement.</li> 
</ul> 
<p>Binance officially announced the launch of futures trading for League of Kingdoms Arena (LOKA) today, September 24, in an effort to expand users’ trading choices and experience.</p> 
<p>The LOKAUSDT Perpetual Contract will be launched at 11:30 (UTC) with up to 75x leverage.</p> 
<p>Following Binance’s official announcement, the LOKA token surged significantly.</p> 
<h2 id="loka-price-spikes-following-binance-s-announcement">LOKA Price Spikes Following Binance’s Announcement</h2> 
<p>At the moment of writing this article, LOKA is trading above $0.27, up by 20% in the past 24 hours. Earlier, the token reached a price of over $0.29.</p> 
<p>Now, the token has a market cap of almost $50 million.</p> 
<figure id="attachment_50975" aria-describedby="caption-attachment-50975" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/09/LOKA_1D_graph_coinmarketcap.jpeg"><img loading="lazy" decoding="async" class="wp-image-50975 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/09/LOKA_1D_graph_coinmarketcap.jpeg" alt="LOKA price in USD today" width="1200" height="800" title="Binance Will Launch Futures Trading For League of Kingdoms Arena (LOKA) Today 12" srcset="https://crypto.ro/en/wp-content/uploads/2024/09/LOKA_1D_graph_coinmarketcap.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/09/LOKA_1D_graph_coinmarketcap-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/09/LOKA_1D_graph_coinmarketcap-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/09/LOKA_1D_graph_coinmarketcap-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/09/LOKA_1D_graph_coinmarketcap-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/09/LOKA_1D_graph_coinmarketcap-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-50975" class="wp-caption-text">
  LOKA price in USD today
 </figcaption>
</figure> 
<p>On September 23, the team behind League of Kingdoms Arena shared a<a href="https://x.com/OfficialArenaZ/status/1838182400771408082" rel="nofollow" target="_blank"> post</a> via X, remembering Arena-Z’s chain launch. They also gave a huge shoutout to their incredible speakers and guests for making it an event to remember.</p> 
<p>Arena-Z is a dedicated gaming blockchain platform that drives the widespread adoption of Web3 gaming. They support a high-quality ecosystem of games and offer a well-equipped environment for all, according to a <a href="https://x.com/OfficialArenaZ/status/1828364268439506982" rel="nofollow" target="_blank">post</a> dated August 27 on X.</p> 
<p>They also announced to followers that they are working on something this month, and cannot wait to share the results.</p> 
<h2 id="what-is-the-league-of-kingdoms-arena-loka">What is the League of Kingdoms Arena (LOKA)?</h2> 
<p><a href="https://crypto.ro/en/cryptocurrencies/league-of-kingdoms/">League of Kingdoms Arena (LOKA)</a> is a blockchain-based Massively Multiplayer Online (MMO) strategy game. The project is a play-to-earn ecosystem that allows players to earn real income via in-game activity.</p> 
<p>During the gameplay, users can perform the following:</p> 
<ul> 
 <li>Build kingdoms</li> 
 <li>Raise armies</li> 
 <li>Form alliances</li> 
 <li>Compete on the battlefields for power and wealth</li> 
</ul> 
<p>The League of Kingdoms Arena’s governance token LOKA allows holders to:</p> 
<ul> 
 <li>Take part in the decision-making process on the platform</li> 
 <li>Purchase in-game items</li> 
 <li>Profit via staking</li> 
</ul> 
<p>The project also has a utility token called DST (Dragon Soul Token) and this is necessary for breeding Dragos, the dragon-like in-game characters.</p> 
<p>The LOKA token went live back in January 2022. The official <a href="https://whitepaper.playersarena.foundation/loka" rel="nofollow noopener" target="_blank">whitepaper</a> reveals that the game was launched in July 2021, and in 2022, the platform released the following:</p> 
<ul> 
 <li>A Proprietary NFT marketplace</li> 
 <li>A PvP arena</li> 
 <li>A Land reward hub</li> 
</ul> 
<p>The project’s whitepaper notes that the League of Kingdoms Arena game received features of a social network and economic platform with a strong community, spanning across the digital and real world – all this was possible due to the rapid rise of the digital economy and the blockchain Play-to-Earn revolution.</p>

Binance Will Launch Futures Trading For League of Kingdoms Arena (LOKA) Today

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