GameFi is on fire with only one out of the top 20 tokens by market cap showing a slight drop over the last seven days.
- Bitcoin crashes while MicroStrategy loses 35% of market value
- GameFi surges with big partnerships and new games
- OG projects rise from the dead and dominate
- Big names in the news like Animoca and Fifa
- Ronin wins awards and adopts millions of players
While the overall crypto market has been experiencing a decline, the Gamefi sector is defying the trend.
The normies care more about having fun than the underlying super high tech supporting the products.
Top Gainers:
Top Decliners:
- LOL’s UAW surges by 122.44% as they partner with LIGO.Network.
- Lumiterra soars by 81.53% while reinventing themselves with new missions.
- KGen’s rises by 20.09%, kicking off with Open Lobby Season 3.
- MetaWin shines with 11.11% with a winner offering his Bugatti in return for info on the hacker who stole $4.5 million from the casino.
- Pixels is up by 7.51% as the Mokis have landed.
- GombleGames gains 2.86% and is busy in GOMBLE HQ looking for Rumby.
FIFA and Mythical Games Collaborate
Animoca Brands Invests in Parent Igloo, Inc.
Sky Mavis Plans New Axie Infinity Game
Nguyen said the freed-up resources will be used in multiple projects, including a new Axie game. He did not provide additional information regarding the new game.
Chirp Launches First Sui DePIN P2E Game
Players explore their surroundings, detect signals like WiFi and Bluetooth, and earn CHIRP tokens while contributing to Chirp’s IoT ecosystem.
- Focus on quality over hype: look out for games people play for fun rather than just to earn.
- Check for real utility and in-game integration: projects where tokens and NFTs have multiple use cases within the game such as staking, upgrades and crafting, tend to be more sustainable.
- Evaluate team experience and transparency: teams with a proven track record in gaming or blockchain are more likely to deliver.
- Assess community activity and growth: high player retention and active communities (Discord, Twitter, Reddit) show that a game can attract and keep players.
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