As the blockchain gaming sector begins to rise, which tokens can ambush?
Last weekend, Bitcoin prices broke through $69,000 again before falling back, while tokens in the AI and Meme sectors experienced a wave of gains. In the game sector, the prices of YGG and PIXEL hit new highs, and the old game tokens GALA, MANA and SAND also increased. In particular, the PIXEL token in the Ronin ecosystem has experienced a large increase and has received market attention and support. The 2024 GDC Game Developers Conference is expected to drive token prices higher. The entire market is affected by the news and capital layout, and market capital has been deployed in advance for the sector's rise.
GALA and YGG led the rise of established game tokens, and the PIXEL token of the Ronin ecosystem also performed strongly. GALA rose from US$0.04 to US$0.08, an increase of 67.4%; YGG price increased from US$0.6 to US$1.1, an increase of 60%. MANA and SAND saw relatively small increases, at 11% and 10% respectively. The PIXEL token of the Ronin ecosystem has experienced a large increase, exceeding US$1 in a short period of time, with an increase of 20.28%, setting a record high.
Since joining, Ronin Ecosystem has received continued attention and support from the market. The latest news shows that Ronin ecological DEX Katana has launched a RON/PIXEL liquidity pool. Users can directly use the Ronin wallet to trade PIXEL tokens or provide liquidity for RON/PIXEL transactions. In addition, the network hard fork on February 22 and the airdrop distribution of user RONIN regular products PIXEL also showed the support of the Binance trading platform behind Ronin.
The 2024 GDC Game Developers Conference has also become the focus of market attention. Gala Games announced that it will host a hackathon at the conference with a prize of up to US$1 million, attracting many in-person and online participants. This event will leverage Gala’s GalaChain SDK to deploy layer 1 blockchain supporting games such as Spider Tanks, Legacy and Eternal Paradox.
In general, market funds have been deployed in advance in the rise of the game sector. In the future, focusing on projects such as ACE, PIXEL, XAI, PORTAL and RONIN may seize market hotspots. Pay attention to Brother Bai in the school district and want to keep up with the operation. The circle is waiting for you. Use the least operations to maximize trend profits. See you next time! #Meme #BTC