Gaming Tokens Up 28%, Leading the Way with SAND, APE, and AXS
Date: 2024-11-25 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Amid the revival of the crypto market, the gaming token sector has shown significant growth, recording an increase of 28% over the past 24 hours. According to CoinGecko, the total market capitalization of the gaming segment has reached $5.71 billion.
The token that has attracted the most attention is The Sandbox (SAND), which has grown by 59% over the past 24 hours and is currently trading at $0.6305. Its price has increased by 75% over the week, and by an impressive 140% over the month. Analysts suggest that the token could grow by 800% in the near future, despite the fact that its current value is 92% below its historical maximum.
Axie Infinity (AXS) has also shown an impressive gain of 22% in the last 24 hours, reaching a weekly gain of 40%. The token is currently valued at $8, although it is still 13% below its level at the beginning of the year.
ApeCoin (APE) has not been left out, having increased its value by 10% in 24 hours to $1.34. APE has grown by 20% over the week, but the token remains 20% below its January maximum and 95% below its historical peak.
Activity in the gaming token market indicates a return of investor interest in crypto games, which may create new opportunities for further growth in this sector.
