ALICE spiked close to 100% this week but trades far below its all-time high. Despite the recent rally, it's still down over 90% from its peak, indicating a significant downtrend.
MyNeighborAlice's new staking feature allows players to stake crafted NFTs to earn compounding rewards in ALICE at an 18% APY rate. This innovation has likely contributed to ALICE's recent price surge.
ALICE serves as the utility token in the MyNeighborAlice game for purchasing, renting, and selling NFTs, as well as crafting certain types of NFTs. Owning ALICE and NFTs enhances gameplay and allows players to earn real money.
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