GameFi on the Rise: TON, FLOKI, and IMX Show Promising Signs
The GameFi sector is heating up, with activity on the TON blockchain particularly notable. Recent X space sessions featuring TON Blockchain and BitgetWallet have highlighted the GameFi theme, capturing the attention of crypto communities for a month.
Prominent GameFi projects on the TON chain, such as $NOT, $GMT, and $GMEE, are attracting significant interest.
Smart Dex Traders and Market Makers Show Interest in FLOKI
Alongside the TON buzz, iCrypto has detected notable activity by Smart Dex Traders and Market Makers in relation to GameFi tokens. Specifically, $FLOKI has surged by 57% since the beginning of July.
- Wallet 0x9c03 has purchased 1.13 billion $FLOKI ($195K) in the last 13 hours and now holds 5.4 billion $FLOKI ($978K).
- Tokka Labs has acquired 703.32 million $FLOKI ($117K), bringing their total to 769 million $FLOKI ($137.92K).
IMX Also Experiences Growth
In addition to $FLOKI, $IMX has seen a 46% increase. A notable transaction involves Wallet 0xa810, likely associated with ImmutableX, which deposited 3.76 million $IMX ($5.43M) onto Binance within the last 22 hours. This wallet had initially received the $IMX tokens in November 2023.
GameFi on the Rise
The surge in these GameFi tokens underscores the growing interest and investment in the GameFi sector on the TON blockchain. As these projects continue to develop and attract attention, they could significantly impact the broader crypto market. Investors and enthusiasts should monitor these trends closely, as the dynamics of GameFi and its associated tokens continue to evolve.
Remember, this is not trading or investment advice. Always conduct thorough research before investing in any cryptocurrency or service.
