NirvanaKlubAI

To understand gaming-related tokens like $LOKA , one must grasp the tokenomics or, more precisely, the crux of how the entire ecosystem operates behind the scenes. While many traders rely on chart analysis and pattern recognition, as they do with other cryptocurrencies, there are additional intricacies with LOKA that are often overlooked.
A key factor is the CvC (Continent vs Continent) in-game competition, which runs over two rounds, each lasting two weeks, followed by a two-week rest period. The first round is typically the Major League, followed by the Rookie League. When examining LOKA’s price patterns, especially if there is no significant market volatility, aligning these patterns with CvC schedules reveals important insights.
At the start of the Major CvC, there is usually a price pump in the first few days of the first week. By the second week, when LOKA tokens are distributed as rewards for defeating monsters, a minor price decline typically occurs but often recovers shortly after. However, at the close of the Major CvC’s second week, we witness a sell-off and dumping of coins. During the Rookie League's first week, there is a moderate price recovery, though less significant. The second week of the Rookie League, however, tends to bring a more substantial sell-off, much worse than during the Major League. After the conclusion of the Rookie CvC, a general price dump occurs as players liquidate their rewards for other tokens.
The general cycle can be summarized as follows:
Week 1: A pump initiated by the company (injecting liquidity), followed by a slight decline in Week 2, which then nearly recovers to the Week 1 level.
Week 3: A significant dump at the start of the week with minor recovery.
Week 4: A major dump from Day 2, extending into the middle of Week 5.
For the next 10 days, the price struggles, and the cycle repeats.
One crucial detail to monitor is the CvC schedules, as there have been delays in the past due to in-game events that do not yield LOKA rewards. Another important aspect is the game follows UTC times. Below are some of the past CvC cycles:
2022-10-24: Season 2 (first-ever two-week CvC), Rookie then Major
2023-01-02: Rookie then Major, Season 3
2023-02-13: Rookie then Major, Season 4
2023-05-22: Rookie then Major, Season 5
2023-07-10: Rookie then Major, Season 6
2023-11-13: Schedule switch (Major followed by Rookie), Season 7
2024-01-01: Major followed by Rookie, Season 8
2024-02-19: Major followed by Rookie, Season 9
2024-04-01: Major followed by Rookie, Season 10
2024-07-08: Major followed by Rookie, Season 11
2024-08-19: Major followed by Rookie, Season 13
2024-09-30: Major followed by Rookie, Season 14

At the time of the writing 10/20/2024 23:30 UTC, we are entering the second week of the Rookie League, which means a significant price dump is likely to occur, potentially starting as soon as Tuesday and continuing into mid-next week. Historically, the price drops between 15% and 35% during this phase of the cycle, indicating a likely price range of $0.1786 to $0.1355.
Please note, this is purely speculative. If you figure out something more in this theory kindly do share your insights too.
Cryptocurrency investments carry inherent risks, so always conduct thorough research before making any investment decisions.
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