VOXEL, SLP and ALICE two digits after protocol update and stock exchange listing.
The cryptocurrency market has not yet broken out of its downtrend, one of which is still performing excellently even with this week’s volatility.
One area that has attempted to swim against the market is NFT-related altcoins and the GameFi token.
Top altcoins are rising sharply in collectibles and NFT | Source: CoinMarketCap
VOXEL is the original utility currency of Voxie Tactics, a free 3D RPG that combines the classic look and feel of popular strategy games of the 1990s and 2000s with modern game mechanics.
Data from TradingView shows that after hitting $0.9 on Feb. 22, VOXEL price surged 65.6% amid the blockade to an intraday high of $1.50 on Feb. 23. Transaction volume in 24 hours increased by 688%.
VOXEL/USDT 4 hour chart | Source: TradingView
The VOXEL boom came when the protocol announced the launch of Voxie Tactics on February 26th, allowing users participating in the game’s beta launch to buy or sell items for the game.
Smooth Love Potion is the in-game currency players earn by playing Axie Infinity, which can be used to breed new Axies.
Data from TradingView shows that after hitting a low of $0.0164, the SLP price is up almost 30% today to an intraday high of $0.0208.
SLP/USDT 4 hour chart | Source: TradingView
The SLP price boom comes amid tokenomics improvements to the Axie Infinity ecosystem, including a reduction in SLP issuance rates, reducing the number of SLPs generated daily by 175 million SLPs.
MyNeighborAlice is a farming-themed play-to-earn (P2E) game with built-in decentralized finance features that works on the Chromia network.
Data from TradingView shows ALICE price up 35% from $6.11 on February 22nd to an intraday high of $8.25 on February 23rd.
4 hour frame ALICE/USDT price chart | Source: TradingView
The increase in price and trading volume for ALICE follows Coinbase’s announcement that they will be adding trading support for ALICE starting February 24th.
You can see details about altcoin prices.
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