Ahead of CZ’s release from prison, investors expect Binance-based Pancake Protectors, and Shiba Shootout GameFi to surge in popularity.
After FTX’s collapse, United States regulators cracked down on crypto platforms, even declaring some assets, including ADA and SOL, as unregistered securities.
Binance, the world’s largest crypto exchange, had to cease operating in the United States after the SEC sued it.
Changpeng Zhao, the Founder of Binance, Will Be Released Later This Month
As part of the settlement, Changpeng Zhao (CZ), the founder and CEO, had to step down, and Binance paid over $4 billion as a settlement.
At the same time, CZ was sentenced to serve a four-month prison term.
The sentencing was in May 2024.
Zhao was recently transferred from prison to a halfway house in Long Beach, California, ahead of his release, which is set for the end of September.
While not technically released, this decision explains why the community is excited.
Crypto traders expect movement when the former CEO becomes a freeman.
Ahead of this, several crypto gaming projects are eyeing the decentralization and security of the BNB Chain, a network backed by Binance.
The Pancake Protectors: GameFi Play-to-Earn (P2E)
First, investors are convinced Pancake Protectors, a game that offers a unique play-to-earn (P2E) experience, will rally hard within the next few days.
Pancake Protectors is a P2E defense tower game that’s accessible to all.
Players earn CAKE rewards whenever they protect the Pancake Main City from enemies.
CAKE is the native token of the PancakeSwap DEX on the BNB Chain.
The game features a 14-day season settlement system and multiple gameplay elements, such as hero recruitment, trading, and strategic placement.
Those who spend earned CAKE on in-game items and buying NFTs have an edge.
Eyes On Shiba Shootout: Hottest GameFi Presale Cracks $1M Raised
Besides this game, there is Shiba Shootout.
Investors are closely tracking how this game evolves in the next few weeks.
In the ongoing Shiba Shootout presale, over $1 million has been raised.
Each SHIBASHOOT is trading for $0.0201.
The Shiba Shootout game is unique because it combines the meme culture and P2E game.
Like Pancake Protectors, it also deploys on the BNB Chain. However, unlike this game, Shiba Shootout features a Wild West-themed battle.
All players must do is control Marshal Shiba and his Shiba Sharpshooters and receive rewards in SHIBASHOOT.
At the same time, the game is available on mobile and can be downloaded from App Store and Google Play.
The option is to stake tokens via the Cactus Staking portal, receiving an 879% APY.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
