Why is Mobox (MBOX) going up? (May 26, 2023)

Mobox is a GameFi platform that rewards users for participation and interactions. Mobox has created a Play-to-Earn ecosystem by combining gaming NFTs and Yield Farming. Mobox’s GameFi infrastructure is built on the ever-growing decentralized finance (DeFi) ecosystem, and Mobox combines the DeFi ecosystem and gaming via NFTs.

Using the BSC blockchain, Mobox demonstrates true NFT operability by combining cross-chain and cross-platform functionality for NFTs. MBOX is the native utility token of the Mobox protocol. MOMOverse, the universe of the Mobox Protocol in the Metaverse, is an ecosystem where developers and users are rewarded, and collectors come together. NFTs in the Mobox ecosystem are called MOMOs. Players can use the NFTs they earn for in-game purchases.

MBOX is up 20.18% in the last 24 hours. The MBOX/ETH liquidity pool has just been created on Uniswap with $500,000 initial liquidity. Moreover, after the Mobox platform update, the Mobox Wallet will support cross-chain MBOX withdrawals. Mobox has also announced the DragonMO NFT Airdrop for Arbitrum users. These developments may have contributed to the rise of MBOX.