Crypto News

GameFi Gaining Momentum On TON Blockchain As Key Projects And Tokens Surge

In a recent X space session, TON Blockchain and BitgetWallet have been highlighting the GameFi theme, capturing the attention of crypto communities for a month.

Prominent GameFi projects on the TON chain, such as $NOT, $GMT, and $GMEE, are drawing significant interest.

Simultaneously, iCrypto has detected notable activities by Smart Dex Traders and Market Makers in relation to GameFi tokens. Specifically, $FLOKI has surged by 57% since the beginning of July.

Key transactions include Wallet 0x9c03, which has purchased 1.13 billion $FLOKI ($195K) in the last 13 hours and now holds 5.4 billion $FLOKI ($978K). Similarly, Tokka Labs has acquired 703.32 million $FLOKI ($117K), bringing their total to 769 million $FLOKI ($137.92K).

Asides From TON, $FLOKI and $MKR See Notable Price Increase 

In addition to $FLOKI, $IMX has seen a 46% increase. A notable transaction involves Wallet 0xa810, likely associated with ImmutableX, which deposited 3.76 million $IMX ($5.43M) onto Binance within the last 22 hours. This wallet had initially received the $IMX tokens in November 2023.

The surge in these GameFi tokens underscores the growing interest and investment in the GameFi sector on the TON blockchain. As these projects continue to develop and attract attention, they could significantly impact the broader crypto market. Investors and enthusiasts should monitor these trends closely, as the dynamics of GameFi and its associated tokens continue to evolve.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Image Source: stlegat/123RF / Image Effects by Colorcinch

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