Animal Racing Coin Prices and Market Information
The market cap of Animal Racing coins combined is $ 31.32M. This is a 2% change compared to 24 hours ago. Compared to 24 hours ago, 33.3% of Animal Racing coins now have a higher price (gainers) and 66.7% have a lower price (losers). The 24 hour trading volume of Animal Racing coins combined is $ 725.13K. The market cap of CROWN makes up 76.6% of the market cap of Animal Racing coins.
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Top-ranked Animal Racing ecosystem tokens by market cap
The top Animal Racing niche within the cryptocurrency sector merges blockchain technology with competitive gaming, creating unique opportunities for decentralized betting, ownership, and rewards. Below, we analyze the ecosystem crypto tokens dominating this innovative market, ranked by market cap, and explore their value, performance, and utility.
- ZED RUN (ZED) ($180M Market Cap): ZED RUN is the flagship token in the digital horse racing sector, allowing users to breed, race, and trade NFT-based horses. Its ecosystem is built around blockchain technology, ensuring transparency and fairness in every race.
- CryptoDerby (DERBY) ($90M Market Cap): CryptoDerby powers a blockchain-based horse racing metaverse, offering users opportunities for staking rewards and governance rights. The project integrates decentralized finance (DeFi) features, allowing participants to earn passive income through staking.
- RaceFi (RACEFI) ($50M Market Cap): RaceFi stands out by integrating AR/VR technology to deliver immersive racing experiences. The platform also features payment gateways that support in-game purchases and prize pools, enhancing user engagement and monetization opportunities within the racing metaverse.
Tokens leverage smart contracts to automate race outcomes, prize distributions, and NFT ownership. For example, ZED RUN uses Chainlink oracles to ensure fair randomness, while DERBY’s calculator tools let users simulate breeding outcomes. Participants how to earn rewards by staking tokens, winning races, or leasing digital assets.
The market averages $8 million in daily volume, driven by ZED’s liquidity on platforms like OpenSea and Binance NFT. Current crypto prices live data reveals RACEFI’s volatility, spiking 30% during metaverse events. TokenAlphabet’s website offers real-time charts for crypto prices today live tracking.
These ecosystem coins stand for a blend of gaming, DeFi, and collectibles. ZED’s launch date in 2021 pioneered NFT-based horse ownership, while DERBY’s hybrid model combines play-to-earn mechanics with DAO governance.
Most crypto coins derive value from in-game utility rather than traditional collateral. However, ZED’s treasury holds ETH reserves to back NFT liquidity pools, ensuring stability during historical low demand periods.
ZED has a circulating supply of 400 million tokens, with burns tied to breeding fees. DERBY’s supply is capped at 1 billion, while RACEFI employs inflationary rewards for stakers. Use TokenAlphabet’s wallet guides to manage holdings securely.
What are Animal Racing tokens, and why are they important?
Animal Racing tokens are specialized cryptocurrency assets powering blockchain-based platforms that simulate competitive Animal Racing, such as digital horse or dog racing. These tokens, like ZED RUN (ZED) and CryptoDerby (DERBY), enable users to breed, trade, and race NFT-based animals, participate in decentralized betting, and earn rewards. Their meaning lies in merging gaming, decentralized finance (DeFi), and digital ownership, creating a novel niche within the cryptocurrency ecosystem. Key Characteristics and Importance:
- Decentralized Ownership: tokens grant ownership of unique NFT animals, such as racehorses, whose value appreciates based on breeding, race performance, and rarity. For example, ZED RUN’s NFTs have sold for over $200,000, per historical high sales data.
- Play-to-Earn Mechanics: Users how to earn rewards by winning races, staking tokens, or leasing assets. CryptoDerby’s staking pools offer annual yields up to 15%, tracked via calculator tools on their website.
- Transparency and Fairness: Smart contracts automate race outcomes and payouts, eliminating manipulation. Platforms like RaceFi use Chainlink oracles to verify randomness, ensuring trust — a critical factor in the Animal Racing market.
- Interoperability: These ecosystem crypto tokens often integrate with broader blockchain networks. ZED RUN operates on Polygon, enabling low-cost transactions, while DERBY supports cross-chain payments via Ethereum and Binance Smart Chain.
By bridging gaming and blockchain, ecosystem coins exemplify the performance and creativity driving the next wave of cryptocurrency adoption. For today price updates, visit TokenAlphabet’s analytics portal.
How does the Animal Racing ecosystem operate?
The ecosystem merges blockchain technology, NFTs, and decentralized finance to create immersive digital competitions, such as virtual horse or dog racing. At its core, the system relies on NFT ownership, where users acquire unique digital animals with attributes like speed and pedigree. These NFTs, minted on networks like Ethereum or Polygon, are tradable assets whose value fluctuates based on rarity and race performance.
Races are governed by smart contracts that automate outcomes using oracles (e.g., Chainlink) to ensure fairness. Participants pay entry fees in tokens like ZED or DERBY, with prizes distributed to winners. Payment gateways enable in-game purchases for upgrades, while staking pools allow users to how to earn passive yields — CryptoDerby, for instance, offers up to 12% APY for token holders.
Revenue is generated through transaction fees (2-5% on NFT sales and races), which are redistributed to stakers or burned to reduce supply. Partnerships with infrastructure providers like AWS ensure platform stability, while DAO governance lets token holders vote on protocol upgrades. Interoperability is key: ZED RUN operates on Polygon for low fees, whereas RaceFi supports cross-chain transactions via Ethereum and Binance Smart Chain.
Security is prioritized through third-party audits (e.g., Hacken for ZED RUN) and multi-sig wallets for treasury management. TokenAlphabet’s website tracks live crypto prices and historical highs/lows, offering transparency for investors. The market cap ($320M) reflects growing demand, driven by events like metaverse tournaments that spike trading volumes.
By blending gaming excitement with blockchain’s financial potential, ecosystem coins stand for a niche yet innovative frontier in cryptocurrency. Users how to buy it on platforms like Binance NFT or OpenSea, leveraging wallets like MetaMask for secure storage. Always verify current crypto prices live to capitalize on market trends.