Here is the reason for the high price of ILV star-news.press/wp

The price of the Illuvium icon has risen for the third day in a row, reaching its highest point since February 14 with the start of the professional league.

ILUVIUM (ILV) rose to the highest level of $ 23.65, an increase of 160 % over its lowest level this year. This increase came alongside 3,200 % in a daily size to $ 344 million, which is much higher than the 124 million market value.

Illuvium Pro LEGUE starts

The ILV price increased after the developers launched the 2025 version of Illuvium Pro Legue. The league will include three championships: IPL 250, IPL 500 and IPL 1000, with many rehabilitation paths to the main event.

It will be a two -point system: IPL points, gained from championships, and RLP, accumulated through the arranged ladder. The season begins on August 16 and crowns a global event in December.

IPL will include 250 32 players and a group of $ 2000 prize. IPL will host 500 64 players and offer $ 5,000, while IPL 1000 will be an invitation event with only 64 players. The events of “Last Call” and “Last Chance” will provide the final opportunities to qualify.

The main event in December will include 64 players, with 32 players for payment of compensation from the total prizes of $ 250,000.

The ILV march has also been fed through the data on the series that shows the accumulation of accumulation by smart money investors. according to NansonThese investors are now carrying more than 91000 ILV code, which is a significant height for a month. Meanwhile, ILV supply on stocks fell from 2.81 million to 2.74 million.

Meanwhile, ILV’s distinctive supplies on stocks fell to 2.74 million from the highest level last month of 2.81 million.

The ILV price increased after forming a double -bottom pattern

The daily chart shows that the ILV price decreased to the lowest level in 9.7 dollars, as it formed a double pattern that was the neck line at $ 18, its highest point on May 10.

The distinctive symbol has since moved over its 50 -day moving average and briefly crossed the level of decline by 23.6 %. The most likely scenario is the continuation of the upper trend leading to the start of the tournament, followed by a possible decline.