The leading GameFi tokens were a mixed bag, but degens had to dig deeper for action. OVERTAKE shook off market jitters with an 83% pump.
- Pudgy Penguins launches new mobile game.
- Gun Token scores EU compliance.
- Eldarune closes shop, citing funding challenges.
This week, the GameFi kitchen served a full spread:
- Gigaverse secured a $2M round to scale its player base and deliver sharper gameplay. The RPG crypto game has over 75,000 active players and generated $4.5 million in revenue in its first six months.
- Pudgy Penguins teamed up with Mythical Games to launch Pudgy Party, a fast-paced Web3 mobile game on iOS and Android. The team is looking for ways to integrate PENGU and MYTH tokens in the game.
- Gun Token made history as the first MiCA-compliant gaming asset in the EU, paving the way for broader institutional confidence in blockchain gaming.
Here is your week in GameFi!
The GameFi sector’s market cap barely twitched this week, but the trading volume sank 36%. Traders are sitting on their hands ahead of today’s jobs data report and the September Fed meeting.
Top Gainers
Top Decliners
GameFi jumped five spots to rank fifth on DeFiLlama’s narrative tracker. Are Web3 gaming tokens warming up for a rally?
The following is not an endorsement of the mentioned projects of any kind, but aims to explain some emerging GameFi projects for the benefit of our readers. None of it is financial advice.
Designed for fun and easy entry, it blends casual gameplay with multiplayer tournaments and dynamic leaderboards to keep the action lively and competitive.
Eldarune Shuts Down, ELDA Lives On
Age of Dino Sunsets, Next Chapter Ahead
What You Can Do Now
- Try out Pudgy Penguins’ new Pudgy Party mobile game.
- Track macro events to spot market-moving signals.
- Reduce leveraged positions to manage volatility and avoid capitulation.
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