😱🚀🚀Floki Becomes the Largest P2E Crypto Asset by Market Cap
#Floki has emerged as the top play-to-earn (P2E) crypto asset by market cap, surpassing Axie Infinity, The Sandbox, Decentraland, and Gala.
Floki has officially taken the top spot as the world’s leading play-to-earn crypto, according to CoinMarketCap. Surpassing established players like Axie Infinity (AXS), The Sandbox (SAND), Decentraland (MANA), and Gala (GALA), $FLOKI is reportedly cementing its position in the market.
$FLOKI is now the world's biggest 'Play to Earn' cryptocurrency! 🏆
Floki is officially the world's biggest #PlayToEarn cryptocurrency according to @CoinMarketCap, surpassing established players like $AXS, $SAND, $MANA, and $GALA.
This is coming as #Valhalla, Floki's NFT
— FLOKI (@RealFlokiInu) July 19, 2024
Market Dominance and Recent Performance
Accoding to CoinMarketCap data, FLOKI’s market rank currently stands at 52, with a price of $0.0001784. The token boasts a market cap of $1,707,058,711 and a 24-hour trading volume of $239,323,470.
Over the past week, FLOKI has seen a remarkable increase of 28.76%, indicating strong upward momentum. Despite a slight dip of 0.17% in the past 24 hours, the overall trend remains positive, reflecting investor confidence in the token’s potential.
Key Competitors in the Play-to-Earn Sector
Notably, FLOKI’s competitors in the play-to-earn sector include Notcoin, Axie Infinity, Beam, and Gala.
Notcoin, priced at $0.0155, ranks second with a market cap of $1,588,204,783 and a 7-day change of +4.65%. Axie Infinity, trading at $6.09, holds the third position with a market cap of $901,355,046 and a 7-day change of +15.99%.
Beam, priced at $0.01781, ranks fourth with a market cap of $880,867,002 and a 7-day change of +4.24%. Gala, with a price of $0.02345, ranks fifth with a market cap of $771,742,681 and a 7-day change of +11.11%. Despite these competitors, FLOKI’s market capitalization and recent performance set it apart as the dominant player.
