The new CyberKongz token KONG is now live, with a current market value of $21 million.

BlockBeats News, September 10th: The new token KONG issued by Ethereum NFT and gaming project CyberKongz is now live, experiencing a short-term surge to touch $0.048 and is currently trading at $0.021, with a market cap of $21 million.

KONG, as the liquidity layer of its ecosystem, will fully replace the original token BANANA. The token will only be issued on the Ethereum mainnet with a total supply of 1 billion. BANANA can be converted to KONG at a ratio of 1:25 (open at TGE), and 2% of the total token supply will be airdropped to the Ethereum NFT community.

BlockBeats reminds users that the token price is highly volatile, so investment should be cautious.