The price of PEPE increased by more than 4% in the most recent hour, adding to the 15% increase that it has seen over the course of the previous twenty-four hours.
More than two percent of the value of gaming tokens, including Axie Infinity, Gala, and The Sandbox, has increased since the trailer was made available to the public.
Due to the fact that it had been leaked online, Rockstar revealed the highly anticipated trailer for Grand Theft Auto 6 one day ahead of schedule.
On Monday, the trailer for Grand Theft Auto (GTA) 6 was leaked, which resulted in a price increase for PEPE that was not quite unexpected. This event is considered to be one of the most significant events in the history of gaming. It was anticipated that the value of meme tokens, in addition to gaming tokens, would increase as a result of the trailer release event because of the effect that they had on popular culture.
Price of PEPE goes up as a result of the GTA 6 trailer being posted online.
By the time this article was written, the price of PEPE was trading at $0.000001403, which represents a rise of little less than 5% over the course of the previous hour. The unexpected release of the trailer for the video game Grand Theft Auto 6 was the reason of the spike, which led to an increase of 15% compared to the previous twenty-four hours.
During the same time period, the value of a few other meme currencies, such as Memecoin (MEME) and Bonk (BONK), also saw rises that ranged from three percent to four percent. On the other hand, meme coins were not the only entities involved; the gaming tokens Axie Infinity (AXS), Gala (GALA), and The Sandbox (SAND) were the primary individuals involved.
Despite the fact that these assets did not see particularly significant rises, they did manage to grow by more than two percent in the last hour, and it is anticipated that they will continue to paint green on the charts as a result of the trailer release event.
In spite of the fact that this spike was anticipated to occur on Tuesday, December 5, the day when the trailer for the video game was supposed to be released, it occurred sooner than predicted because the video was uploaded to the internet the day before. Rockstar Games, the game's developer, verified the previous statement and shortly thereafter made the clip publically available.
Moving forward, meme coins, along with gaming tokens, will be important to keep an eye on since the impact of popular culture will be the driving force behind their development. While this is going on, investors should also be careful of any scam tokens that are operating under the name of Grand Theft Auto or Grand Theft Auto 6. This was the situation in 2021, when a token rug that was inspired by Squid Games managed to defraud investors out of approximately $3.4 million.
