Summary
TLDR: Gaming tokens are on the rise again as Bitcoin and Ethereum recover from a recent crash. Tokens tied to crypto games and networks are up, with Immutable (IMX) leading the way. Other tokens, such as Beam (BEAM) and Ronin (RON), have also seen price increases. Prominent tokens tied to individual games, like SAND, AXS, and PRIME, are also up. Bitcoin is currently around $67,355, while Ethereum is edging closer to $4,000.
Key Points
1. Immutable (IMX) is the top gaming token by market cap and has seen a 9% rise over the past day to a current price of $3.30. The token is up 48% over the last 30 days and has a market cap of more than $4.5 billion.
2. Other gaming networks’ coins are also experiencing growth, with Beam (BEAM) rising more than 4% to a price above $0.04 and the Ronin network (RON) marking an 11% jump to $3.15, its highest price in two weeks.
3. Prominent tokens tied to individual games are performing well too, such as The Sandbox’s SAND token which is up 5% to $0.70, Axie Infinity’s AXS governance token up nearly 7% to $10.80, and Parallel’s PRIME token climbing about 8% to $15.72.