Crypto Markets in Turmoil
The crypto market is like that one friend who always seems to be down on their luck but insists they’ve got it all under control. This week, cryptocurrencies are taking a hit, but while everyone else is crying into their avocados, some NFT-related altcoins and GameFi tokens are thriving despite the chaos.
The NFT and GameFi Heroes
In the midst of the market volatility, a few stars are shining brighter than a disco ball at a 90s prom. Specifically, Voxies (VOXEL), Smooth Love Potion (SLP), and MyNeighborAlice (ALICE) have emerged as notable gainers over the past couple of days.
Voxie Tactics and the Rise of VOXEL
Voxie Tactics is like the love child of retro gaming and modern tech, offering a free-to-play role-playing experience that harkens back to the tactical masterpieces of yore. After plummeting to a low of $0.90, VOXEL rallied back with a 65.6% increase, reaching a daily high of $1.50. Not too shabby for a game currency, right?
- Launch of Voxie Tactics marketplace on February 26
- 688% increase in 24-hour trading volume
SLP: The Currency of Axie Infinity
Now, let’s talk about Smooth Love Potion, or SLP if we’re on a first-name basis. This currency is all about breeding new Axies in Axie Infinity, and it’s recently become more scarce, making it even more attractive to players. The VORTECS™ Score detected bullish signals before the price surged 38%. Sounds like our boy SLP is getting a promotion!
“A decrease of 175 million SLP emitted per day? That’s like cutting down on ice cream for summer bod goals!”
ALICE Jumps on Coinbase
Meanwhile, MyNeighborAlice is like the friendly farming neighbor you never knew you needed. The game, which blends farming and DeFi, saw its token, ALICE, soar 35% after Coinbase announced it would start supporting trading for ALICE on February 24. Talk about a big break!
The Bigger Picture
As the overall cryptocurrency market cap hovers around $1.713 trillion with Bitcoin’s dominance at 41.7%, these rising tokens provide a glimmer of hope. When you feel like the world is ending, it’s always good to remember there’s a party happening somewhere else, even if it’s just in the digital realm.
Conclusion
The increasing activity in NFT-related altcoins and GameFi tokens proves that the crypto world isn’t just a rollercoaster of despair. With projects like Voxies, Smooth Love Potion, and MyNeighborAlice, there’s always a chance for a comeback, showcasing the resilience of sectors unbothered by the storm raging outside.
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