Wemade Game Token 'Silderium' Surges 30,000% in Four Days

[Asia Economy Reporter Kang Nahum] The price of the game token "Silderium" traded in Wemade's new release "Rise of Stars" (ROS) has surged by 30,000% just four days after its launch, showing a steep upward trend. The token price has skyrocketed as global users flocked to ROS from the early stages of its release, indicating signs of a hit.

According to Wemade's cryptocurrency wallet WEMIX Wallet on the 28th, Silderium was trading at 28 WEMIX Credits as of 9 a.m. that day. This is a 360% increase compared to 24 hours earlier (6.1001 WEMIX Credits). Compared to the launch day on the 25th (0.08 WEMIX Credits), it has increased by 33,650%.

WEMIX Credits are the currency unit used in the WEMIX Wallet and are exchanged at a 1:1 ratio with Wemade's cryptocurrency "WEMIX." Currently, with the WEMIX price at 6,400 KRW, the price per Silderium token is 179,200 KRW. Trading volume is also exploding. The trading volume, which was only 314 on the 26th, increased eightfold (2,476) on the 27th. Calculated at the current market price, the daily trading volume of Silderium reaches approximately 740 million KRW.

Wemade attributes this to the increasing number of users purchasing Silderium for use within the game. ROS is a traditional strategy simulation (SGL) blockchain game featuring real-time large-scale wars, a vast space setting, and intricately designed warships and planets. Silderium is awarded as a reward for large-scale wars such as planetary conquest battles and parliamentary battles within the game, and users can also obtain it through mining and looting via their motherships. It is an element that triggers fierce competition among users.

A Wemade official said, "With the token ecosystem integrated into the space-themed battle game, users' responses to the game have been positive," adding, "Due to the increase in users, we are currently considering expanding the number of servers."

There is also interest in whether WEMIX will regain its status as the base currency of the "WEMIX ecosystem" due to the success of ROS. Previously, Wemade caused a decline in WEMIX prices due to controversy over large-scale on-exchange sales of WEMIX. Since November 2020, Wemade sold 108 million WEMIX tokens, cashing out 227.1 billion KRW, reportedly using 166.7 billion KRW of that to acquire SundayToz. Notably, in the fourth quarter of last year, when WEMIX prices surged, Wemade sold 160.9 billion KRW worth of WEMIX on the exchange, drawing much criticism from investors. This is also why the WEMIX price, which once approached 30,000 KRW, has fallen to its current level.

This content was produced with the assistance of AI translation services.