Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
GameFi
Saga Coin Price Set To Explode As GameFi Heats Up – Is PlayDoge Next?
The GameFi sector is on the verge of a breakout. With the Bitcoin price rapidly making a recovery, an altcoin bull run is on the horizon. Experts believe that GameFi, along with meme coins and AI tokens could be the top-performing sectors over the coming months. Popular gaming cryptocurrency Saga is one that investors are eyeing for a potential breakout. It has rallied nearly 47% since hitting a bottom last week, despite the bearish broader market outlook. Meanwhile, experts are…
11 months ago
GameFi and Meme Sector Booming, Three Tokens Showing Huge Potential
The post GameFi and Meme Sector Booming, Three Tokens Showing Huge Potential appeared first on Coinpedia Fintech News While smart investors and traders are looking for the next lucrative and promising meme coin to bank with, the GameFi market is also signalling an attractive sector this year. Amid the tension caused by the rise and fall of several top altcoins, KangaMoon (KANG) is beginning to secure enough adoption and attention to contend with gaming networks like The Sandbox and Decentraland.…
11 months ago
Top 7 GameFi Coins For Beginners: How to Start With GameFi Crypto Tokens In 2024
The post Top 7 GameFi Coins For Beginners: How to Start With GameFi Crypto Tokens In 2024 appeared first on Coinpedia Fintech News GameFi, combining blockchain and gaming, is booming. With over 3 million daily active wallets in May 2024, game-specific blockchains are enhancing user experiences, making blockchain integration in gaming smoother. This trend meets the demand for immersive and engaging gaming, drawing developers and players to explore GameFi’s potential. GameFi market overview: what you need to know GameFi, the…
11 months ago
WEMIX Dominates #1 Spot in Gaming, GameFi, Play-to-Earn, and Web3 Categories on CertiK’s Cryptocurrency Leaderboard
CertiK's Cryptocurrency Leaderboard is the leading security-focused ranking platform to analyze crypto and Web3 project security This recognition underscores WEMIX’s unwavering commitment to security and innovation across its ecosystem It also highlights WEMIX’s pivotal role in shaping the future of decentralized gaming by setting new standards in security and reliability WEMIX, a leading blockchain developer, has achieved a significant milestone by securing the top position on CertiK’s Cryptocurrency Leaderboard in four pivotal categories: Gaming, GameFi, Play to Earn, and Web3.…
11 months ago
GameFi Token MANA Plunges 95% From ATH, As Holders Swarm Raboo Amid Polkadot News
It has been tough times for investors, as many top altcoins are trading down at the moment. Decentraland (MANA) was the star of GameFi in 2021 and 2022, but the token has lost most of its value lately. Polkadot (DOT) is also facing scrutiny for heavy spending, as reported in its Treasury reports. In the midst of so many downtrends, Raboo ($RABT) is practically untouched. The $RABT crypto price is 60% up from the initial presale stage, and investors have…
11 months ago
New GameFi Crypto Presale Live – Can MTAUR Make 1,000x Next Month and Beat TON’s Success?
The post New GameFi Crypto Presale Live – Can MTAUR Make 1,000x Next Month and Beat TON’s Success? appeared first on Coinpedia Fintech News Toncoin (TON) is emerging as a key player in the Web3 revolution of 2024. Positioned at the forefront of decentralized platforms, Toncoin (TON) stands out due to its robust network capabilities and growing adoption within the crypto community. As Web3 technologies continue to expand, Toncoin’s (TON) innovative features and dedicated development team make it a significant…
11 months ago
GameFi Flourishes on Polkadot With Mythical Games Leading the Charge
In previous years, the name Polkadot was rarely mentioned in the same breath as the dedicated chains that have sprung up to cater for the demands of GameFi. But quietly, web3 gaming has begun to flourish on Polkadot’s Substrate-based family of chains. Leading the charge is Mythical Games, which is flying the flag for GameFi on Polkadot and beyond. Gaming on a General Purpose Chain While gaming was always envisaged as one of the use cases for Polkadot, it was…
12 months ago
zkSync (ZK) Goes Live; Bonk Sees Red; Why Are Whales Flocking to This New GameFi Memecoin?
zkSync finally goes live but trades on the downside. Bonk reflects wider bearish sentiments, plummeting alongside the overall crypto market. The Rebel Satoshi Arcade presale has become a go-to for whales, offering a safe haven against market turbulence and staggering growth prospects. It has been a week to forget, for the bulls at least. The crypto market tumbled—altcoins the most. But amidst the chaos, the much anticipated Layer-2 token, zkSync (ZK), goes live. As expected, its launch was followed by…
12 months ago
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GameFiSonic Raises $12M To Energize Solana’s Nascent GameFi Sector
Source: Depositphotos Blockchain gaming-focused Layer-2 infrastructure project Sonic is hoping to boost Solana's video games economy after closing on a $12 million Series A round of funding, bringing its total amount raised to date to $16 million. Today's round was led by the prominent crypto VC Bitkraft, which was joined by new investors including Galaxy Interactive, Big Brain Holdings and others. Sonic, built by the GameFi developer Mirror World Labs, is betting on its ability to accelerate Solana's presence in…
12 months ago