GameFi Tokens Axie Infinity, The Sandbox Defy Crypto’s Bearish Trend
Axie Infinity, The Sandbox, and other gaming tokens have notched significant gains as Bitcoin trades lower amid escalating global liquidity threats.
Over the past 24 hours, Axie Infinity is up 16.7%, bringing its weekly gains to 88.5%, according to CoinGecko data. Over the past week, The Sandbox has recorded a rally of 15.3%, while gaming tokens including Decentraland and Smooth Love Potion have also posted weekly gains of 4.4% and 0.7% respectively.
Related Articles
KOFIA Chairman Demands South Korea Join Global Financial Trend
In a significant development for Asian financial markets, Korea Financial Investment Association (KOFIA) Chairman Hwang Seong-hyeop has publicly called for South Korea to introduce...
Bitcoin (BTC) trades flat as index declines
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently...
Avalanche – How tired buyers, active sellers are affecting AVAX’s weak rally
Avalanche [$AVAX] rallied by 13.71% in just under 18 hours on Tuesday, 7 April. The move from $8.46 to $9.62 came alongside heavy spot...
SOL may drop below $80 amid ETF outflows and bearish derivatives data
The cryptocurrency market has switched bearish over the past 24 hours following the excellent start to the week. Solana’s $SOL has extended its correction...
