GameFi market cap outperforms combined crypto sector in past 24 hours | Headlines | News | CoinMarketCap
03/11/2024 21:57
The GameFi market cap has increased by over 6% in the past 24 hours, outperforming the rest of the cryptocurrency sector, which has risen by 2.2% …
The GameFi market cap has increased by over 6% in the past 24 hours, outperforming the rest of the cryptocurrency sector, which has risen by 2.2% in the same period. The total value of tokens associated with web3 gaming now stands at $32.7 billion, according to CoinGecko data.
GameFi tokens rally
In the past 24 hours, GameFi tokens such as Gala have rallied by over 3%, according to The Block's Prices Page. Gala acts as a medium of exchange for in-game purchases and voting rights within the Gala Games community.
However, when we pull back to the monthly view, the rally in web3 gaming becomes more pronounced. In the past 30 days, Gala has increased by 228%, The Sandbox's Sand token has gained 91%, and Axie Infinity's AXS has spiked 71%.
Gala token …