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GameFi Gains Momentum on TON Blockchain as Key Projects and Tokens Rise
In a recent X-space session, TON Blockchain and BitgetWallet have highlighted the GameFi theme, capturing the attention of the crypto community for a month.
Major GameFi projects on the TON chain, such as $NOT, $GMT, and $GMEE, are attracting significant interest.
#GameFi is this the next trend? 😬🤔@ton_blockchain AND @BitgetWallet have been discussing the GameFi topic for a month. Also, the major GameFi projects on TON are attracting a lot of attention from the crypto communities. Remarkable #GameFi Projects on the TON chain include $NOT $GMT… Italian: https://t.co/tBIwQma2Vp
— iCrypto | Sentiment analysis and on-chain (@iCryptoAI) July 27, 2024
At the same time, iCrypto has seen significant activity from Smart Dex Traders and Market Makers in relation to GameFi tokens. In particular, $FLOKI has increased by 57% since the beginning of July.
Key transactions include Wallet 0x9c03, which purchased $FLOKI 1.13 billion ($195K) in the last 13 hours and now holds $FLOKI 5.4 billion ($978K). Similarly, Tokka Labs acquired $FLOKI 703.32 million ($117K), bringing its total to $FLOKI 769 million ($137.92K).
📌 $FLOKI is up 57% since the beginning of July, with notable portfolios:
– Wallet 0x9c03 (Italian: https://t.co/JULrP43kCp) purchased 1.13 billion $FLOKI ($195K) in the last 13 hours, holding 5.4 billion $FLOKI ($978 thousand)
– Tokka Laboratories (Italian: https://t.co/3OCAsGruSP) purchased 703.32 million $FLOKI ($117K),… photo.twitter.com/XMpH0SdqFW— iCrypto | Sentiment analysis and on-chain (@iCryptoAI) July 27, 2024
In addition to TON, $FLOKI and $MKR see significant price increases
In addition to $FLOKI, $IMX has seen a 46% increase. One notable transaction involves Wallet 0xa810, likely associated with ImmutableX, which deposited $IMX 3.76 million ($5.43 million) to Binance in the last 22 hours. This wallet had initially received $IMX tokens in November 2023.
📌 At the same time, $IMX is up 46%, with a remarkable portfolio:
– Wallet 0xa810 (Italian: https://t.co/psoNr7WsiB), most likely belonging to #ImmutableXdeposited 3.76 million $IMX ($5.43 million) on #Binance in the last 22 hours. This wallet has received the $IMX tokens in November… photo.twitter.com/uFzVvHXtey— iCrypto | Sentiment analysis and on-chain (@iCryptoAI) July 27, 2024
The surge in these GameFi tokens underscores the growing interest and investment in the GameFi space on the TON blockchain. As these projects continue to develop and gain attention, they could have a significant impact on the broader cryptocurrency 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 own research before purchasing any cryptocurrency or investing in any service.
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