The price of Illuvium's token ($ILV) increased by 60.1% after the conclusion of the Illuvium Gauntlet Leviathan tournament held on August 2, 2025. The event attracted over 100 participants and generated significant community excitement.
Tournament Highlights
The tournament crowned FoxspiritAtlas as the champion, marking their success in this inaugural event hosted by Kieran Warwick and sponsored by his brother Aaron Warwick.
Surge in Trading Volume
Following the tournament, the trading volume for $ILV increased by 1,015.30% over the past 24 hours, indicating heightened speculative interest among traders and the community.
Future Prospects for $ILV
Despite the significant rally, analysts caution about a potential pullback, with the current Relative Strength Index (RSI) at 98+. Given $ILV's historical volatility, experts advise monitoring market trends closely.
Overall interest in $ILV is growing thanks to the tournament, but the token's long-term viability will depend on its sustained adoption and economic stability within the Illuvium ecosystem.
