After decentralized finance (DeFi) cryptocurrencies made their mark yesterday, tokens related to blockchain games are now in the spotlight, up over 20% from today. .
The latest bullish dynamic is led by AXS, the native token of the Pokémon-like blockchain game Axie Infinity – one of the hottest decentralized apps (dapps) right now. At the time of writing, AXS is trading at $ 13.49, up 31.8% from the day.
Next up is the MANA token from Decentraland, an Ethereum-based virtual reality platform that allows users to create assets, explore 3D environments, and trade with other participants. MANA price climbed to $ 0.71 today, up more than 17.3% in the past 24 hours.
At the same time, the price of Chiliz (CHZ), a cryptocurrency specifically geared towards the sports and entertainment sector that also supports the blockchain-based fan interaction platform Socios.com, rose by $ 0.267, up 11.6% in 24 hours.
Finally, ENJ, a token linked to the blockchain-based gaming platform Enjin, has risen more than 13% and is trading at around $ 1.31.
Meanwhile, most of the “heavyweight” cryptocurrencies are still stagnating today. Bitcoin is trading at $ 34,664, up 2% from the day. Ethereum, the second largest digital asset by market cap, has a slightly better gain of 4% and is trading at around $ 2,375.
Other coins in the top 10 such as Сardano ($ 1.42, + 0.8%), XRP ($ 0.66, + 0.9%) and Dogecoin ($ 0.234, + 0.02%) are still battling it out the red area. However, Binance Coin ($ 331, + 7.5%) and Polkadot ($ 16.72, + 8.9%) are seeing modest gains.
Annie
After decryption
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George Town, Grand Cayman, 22nd November 2024, Chainwire
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