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HomeMarketsMarket AnalysisDigital Assets Exchange Crypto.com Rolls Out Support for Two Little-Known Altcoins

Digital Assets Exchange Crypto.com Rolls Out Support for Two Little-Known Altcoins

Daily Hodl Staff

Singapore-based exchange giant Crypto.com is adding two small-cap altcoins to its roster which both offer users the ability to earn through active participation.

First up is the move-to-earn Step App (FITFI), a Web 3.0 digital fitness protocol that merges exercise, socializing, playing and earning crypto into one.

Crypto.com says that FITFI, which stands for Fit Finance, will be available for purchase using a variety of fiat currencies.

The project began during the fourth quarter of 2021 and boasted over 113,000 sign-ups in advance of its recent beta launch.

As part of the app’s gaming side, users will be able to purchase digital sneakers in the form of non-fungible tokens (NFTs).

The project’s website says that the Step App is “powered by the leading technology in metaverse, augmented reality, and blockchain” to help users reach their fitness goals while also engaging in friendly competition with other participants.

The Step App token debuted this past Tuesday valued at $0.18, then worked its way up to a peak of $0.34 which it has revisited several times during some choppy price action.

FITFI is currently up 2.41% on the day and changing hands for $0.29.

Also getting the green light from the Crypto.com app is the play-to-earn digital trading card game Splinterlands, whose native token SplinterShards (SPS) enables users to stake and participate in project governance.

The game features a medieval theme with battling monsters and will appeal to fans of classics like Magic the Gathering and Hearthstone.

According to the project website,

“Each battle has a different combination of combat rules, total Mana cap, and playable Splinters.”

Currently, there are over 500 unique cards in the game’s expanding library, while players can harness any number of 60+ unique in-game abilities.

Blockchain technology enables card owners to use their non-fungible token (NFT) assets however they see fit, including selling them on other marketplaces such as OpenSea.

The game’s play-to-earn model enables participants to earn rewards through tournaments, ranked play and quests. The project boasts of having awarded over $5.7 million in prizes so far.

Two months ago Splinterlands (SPS) signed a deal with media giant Warner Music Group (WMG) to develop arcade-style blockchain games featuring artists from its roster.

Splinterlands has been on a roller coaster ride over the past month, starting at around $0.11 before falling to the $0.09 level and then lurching past $0.13 three days later.

SPS capitulated back to the $0.11 range earlier this week before news of the Crypto.com listing sent it soaring once again. At time of writing, the altcoin is up 15.51% and trading for $0.13.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Konst787/Sensvector

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