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SGC Token Debuts GameFi Utility or Just Another Volatile Launch


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‎‎A new GameFi token, SGC (SG Coin), just made its debut on BingX and it's already raising eyebrows due to its immediate volatility.

‎SGC serves as the governance token for KAI SANGOKUSHI TAISEN, a strategy focused blockchain game where users can earn $SGCP (its in game token) through gameplay and spend it on card packs and other game assets.

‎Key tokenomics & metrics:

🔸 Chain: BNB Smart Chain

🔸 Total Supply: 10,000,000,000

🔸 Circulating Supply: Still early, low float

🔸 Current Market Cap: Approx. $13.5M

🔸 First Day Price Action:

‎ • High: $0.003138

‎ • Low: $0.001964

‎ • Current Price: $0.001989

‎ • Daily Drop: -23.44%

‎This kind of post listing dip is not uncommon, especially when early sellers or bots try to front run demand. However, the real question lies in its underlying utility with governance rights tied to game development decisions, SGC is aiming to give players a bigger voice in the ecosystem.

‎While it's too early to determine long term value, it could be worth watching if you're diversifying into smaller cap GameFi tokens with utility backing.

‎Would you consider adding such micro cap utility tokens to your watchlist? Or is this just another speculative listing among many?

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