GUN is for the time being priced just above $0.76, down over 24% since originate per knowledge from CoinGecko. GUN rose as excessive as $0.115 earlier Monday, however then has dipped by almost 34% in the hours since touching that peak.
It’s miles no longer uncommon for newly launched tokens to snappy peak after which lose rate as more users accumulate their fingers on the cash and commence purchasing and selling them into the market. However the GUNZ originate has left some as-but-unanswered questions that can presumably perhaps also even be driving concerns around the beefy extent of the rollout.
$GUN is now reside on Binance and more exchanges!
With $15.8B+ USD staked and 1.7M+ participants in Binance Launchpool, GUNZ just command a 7-month engagement myth.
A brand new technology for Web3 gaming starts now. pic.twitter.com/Ike0xzB8IN
— GUNZ Legitimate (@GUNbyGUNZ) March 31, 2025
While the GUNZ community has launched its mainnet and the GUN token is now actively being traded, Off the Grid—the sport on PC, PlayStation 5, and Xbox—easy has but to electrify the transition from testnet to mainnet.
Bringing the GUNZ mainnet into Off the Grid will release the flexibility to commerce in-recreation items as NFTs—which some enterprising gamers get preempted by a thriving dim market around the sport earlier than the mainnet rollout. The game’s update will also enable spend of GUN as a correct crypto token. It for the time being acts valuable cherish an in-recreation forex, and gamers’ GUN balances are command to be wiped in the transition to mainnet.
Gunzilla Games did no longer straight respond to Decrypt‘s questions referring to the timeline for Off the Grid’s mainnet originate.
In the GUNZ Discord server earlier Monday, Gunzilla Games Director of Web3 Theodore Agranat suggested gamers that the “migration of recreation to mainnet will seemingly be labored on now,” however did no longer specify an ETA for the transition.
Impartial over 6% of the full provide of 10 billion GUN tokens are in circulation as of this writing, with valuable of that circulating provide devoted to the Binance Launchpool rewards advertising and marketing campaign for users of that crypto change.
This form of minute whisk alongside with the drift capability that the market cap for GUN sits below $47 million as of this writing, though the fully diluted valuation or FDV for the token is for the time being around $760 million—and peaked above $1 billion earlier in the day.
As of this writing, GUN is ranked because the 662nd most treasured overall cryptocurrency basically based fully on market cap. However, its FDV outranks many of essentially the most treasured gaming tokens with valuable better circulating provides, equivalent to Gala Games (GALA), Axie Infinity (AXS), and Ronin (RON).
