On March 11, the four tokens in the top ten (YGG, PIXEL, VOXEL, GALA,) all belonged to the gaming sector. Affected by the news that the Global Game Summit was announced on March 18, the gaming sector surged.
The Gaming (GameFi) sector has increased by 20.5% in the past week; the current total market value is US$31,260,417,790, ranking 18th in the sector rankings, an improvement of 2 places from the total market value sector ranking in the previous week. In the past week, the number of tokens in the GameFi sector has increased from 334 to 336, adding 2 projects, ranking 4th in the sector rankings, second only to the Defi, NFT, and Meme sectors.
Among the gaming projects that have issued coins, 76 projects have a positive increase, and 31 have an increase of more than 20%. Among them, GST led the way with a rise of 225.8%. In addition, several other projects that have received attention are as follows:
GamerCoin game token GHX exceeded $0.17, with an increase of 146.2% in the past seven days, and the current token price is $0.1721; Pixels game token PIXEL exceeded $0.97, with an increase of 83.3% in the past seven days, and the current token price is $0.9792; GALA passed The seven-day increase was 66.0%; YGG increased by 58.7%; MAVIA increased by 50.7%; XANA increased by 51.4%; NAKA increased by 177%; PYR increased by 13.7%.
In terms of chain game NFTs, according to NFT Price Foor data, the NFT floor price of the game sector has dropped 17.7% in the past seven days, ranking fourth in the sector.
Among them, after excluding projects with transaction volume less than 50 ETH, the game NFT with the largest increase in 7 days is BlockGames Dice, with an increase of 41.01% in 7 days. The current floor price is 0.578 ETH, and the 7-day trading volume is 728.12 ETH. In addition, Farm Land by Pixels has a seven-day trading volume of 429.88 ETH, an increase of 13.32% in the past seven days, and the current floor price is 1.424 ETH. In comparison, the game with a larger floor price drop in the past seven days is Otherside Koda, which fell 18.93%, and the current floor price is 1.499 ETH.
GALA coin
Speaking of GALA coin, its price is now like a swing, swinging between $0.085 and $0.065. Just like the swing that children play in the park, it goes up and down, making people nervous just looking at it. The current price is about $0.07858, just like a swing stopped in mid-air, not knowing whether it will go up or down next second. The market sentiment is like those children watching the swing, some are so excited that they shout, and some are so nervous that their palms become sweaty.
Judging from the trading volume distribution chart, the price of $0.07 is like the highest point of the swing. Many children like to stop and watch here. So what should we pay attention to? First of all, if the price of GALA coin can break through $0.085, like the swing swinging higher, it may be a signal for an increase. On the contrary, if the price falls below $0.065, like the swing reaching its lowest point, it may trigger panic in the market and the price may continue to fall. However, before playing on the swing, we have to ensure our own safety. Before trading GALA coins, setting a stop loss is like putting on a safety helmet and knee pads for ourselves, so that we will not be injured even if the swing swings too high or too low.
The cryptocurrency market is like a big playground, and GALA coin is one of the projects. In this playground, we must always remain vigilant, pay attention to market dynamics, and adjust our strategies at any time. Only in this way can we have fun in this uncertain market and not get hurt at the same time. In general, GALA coin is like a child on a swing now. We have to pay close attention to its dynamics and at the same time pay attention to our own safety. Only in this way can we have fun in this cryptocurrency market while also protecting our own interests.
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