Illuvium (ILV) is a prominent cryptocurrency token built on the Ethereum blockchain, designed to power an immersive open-world RPG and auto-battler game. Launched in March 2021, it combines decentralized finance (DeFi) with high-quality gaming, allowing players to capture, trade, and battle creatures known as Illuvials.
This guide covers essential information about the ILV token, including its price analysis, market performance, key features, and investment potential.
Current Illuvium (ILV) Market Performance
As of early July 2025, the live price of Illuvium (ILV) is approximately $10.53, reflecting a 24-hour increase of nearly 6%. The token has a circulating supply of 5 million coins, resulting in a market capitalization of around $56 million. Over the past week, ILV experienced a slight decline of about 5.65%, though it has shown resilience by bouncing back from recent lows.
Trading volume remains robust, with over $7 million worth of ILV exchanged in the last 24 hours across 44 supported exchanges. This indicates active interest from both traders and gamers.
Price Trends and Historical Data
Illuvium reached its all-time high of $1,819.90 in December 2021. Since then, the token has faced significant market corrections, common in the cryptocurrency sector. The lowest recorded price in recent history was $9.11, though the token has since recovered by over 15% from that point.
Long-term performance metrics show mixed results. The token’s ROI over the past 12 months is negative, reflecting broader market trends. However, its positioning in the gaming and metaverse niches offers potential for future growth.
Key Features of Illuvium (ILV)
Illuvium stands out in the blockchain space due to its unique integration of gaming and decentralized technology. Below are some of its core features:
- Decentralized Governance: ILV holders can participate in key decisions affecting the game’s development and ecosystem.
- Staking and Yield Farming: Users can stake ILV tokens to earn rewards, creating passive income opportunities.
- High-Quality Graphics and Gameplay: Illuvium offers AAA-quality visuals and an engaging auto-battler format, setting it apart from typical play-to-earn games.
- Interoperable NFTs: In-game assets, including Illuvials, are minted as NFTs, allowing true ownership and cross-platform trading.
- Scalability: Built on Ethereum with Layer-2 solutions, Illuvium ensures low transaction fees and fast processing times.
These features make Illuvium a pioneering project in the GameFi and metaverse sectors, appealing to both gamers and crypto enthusiasts.
Market Capitalization and Wealth Distribution
Illuvium’s market cap of $56 million places it within the top 400 cryptocurrencies globally. If the total supply is considered, the fully diluted valuation would be closer to $92 million.
Wealth distribution data reveals that the top 10 wallet addresses hold nearly 64% of the total ILV supply. While this indicates some centralization, it is common in early-stage crypto projects, as exchange wallets and foundational reserves are often included in these totals.
Investors should consider distribution trends when evaluating the token’s decentralization and market stability.
Illuvium ICO and Historical Performance
Illuvium’s initial coin offering (ICO) took place in March 2021, raising over $51 million. The token was initially priced at $50. Compared to the current price, this represents a decrease of nearly 80% from its ICO value. However, the project has continued to develop and expand its ecosystem despite market volatility.
The token launched on the Ethereum platform, with staking going live shortly after in April 2021. The public beta version was released in September of the same year, marking significant milestones in its roadmap.
Technical and Fundamental Analysis
Technical indicators for Illuvium provide insights into its short-term market sentiment:
- The Relative Strength Index (RSI) is near 43, indicating a neutral sentiment.
- Moving averages suggest a predominantly bearish trend across most time frames.
- Volatility metrics remain high, which is typical for gaming and metaverse tokens.
From a fundamental perspective, Illuvium’s partnerships, active development, and growing community support contribute to its long-term potential. Its presence in the gaming sector aligns with the rising popularity of blockchain-based entertainment.
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Frequently Asked Questions
What is Illuvium (ILV) used for?
ILV is the native utility token for the Illuvium game ecosystem. It is used for governance voting, staking to earn rewards, and facilitating in-game transactions, such as purchasing NFTs and accessing premium features.
How can I buy Illuvium (ILV) tokens?
ILV is available on numerous cryptocurrency exchanges. You can purchase it using stablecoins, Ethereum, or other major cryptocurrencies. Always ensure you use a reputable platform and secure wallet for storage.
Is Illuvium a good investment?
Like all cryptocurrencies, ILV carries investment risks due to market volatility. However, its strong use case in the growing GameFi and metaverse sectors may offer potential for long-term growth. Conduct thorough research and consider market trends before investing.
What makes Illuvium different from other blockchain games?
Illuvium emphasizes high-quality graphics, immersive gameplay, and true asset ownership through NFTs. Its integration with Ethereum and Layer-2 solutions also ensures scalability and low fees, enhancing the user experience.
Can I earn rewards with Illuvium?
Yes, you can stake ILV tokens to earn yield rewards. Additionally, playing the game allows you to capture and trade Illuvials as NFTs, which can be sold or used in battles to generate income.
What is the long-term vision for Illuvium?
The project aims to become a leading blockchain-based game, combining entertainment with decentralized finance. Future developments may include expanded gameplay features, broader NFT interoperability, and increased community governance.
Conclusion
Illuvium (ILV) represents an innovative fusion of gaming and blockchain technology. While its market performance has seen fluctuations, the project’s strong fundamentals and active development offer promise for the future. Whether you are a gamer, investor, or crypto enthusiast, understanding ILV’s ecosystem and market dynamics is essential.
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