Summary
TLDR: Crypto markets are down ahead of Bitcoin halving, with gaming tokens taking some of the hardest hits. Prices of major tokens like BTC and ETH are falling, while tokens like GALA, IMX, PIXEL, XAI, and PORTAL are down significantly in the past week. GOG token is an exception, up 69% due to Guild of Guardians game release.
Key Points
1. Gaming tokens have taken a hard hit in recent days, with some notable tokens down by more than 30% and hitting all-time low prices.
2. Gala, the token of the Gala Games ecosystem, experienced a 32% plunge to a current price of about $0.04, while Immutable (IMX) fell by 27% to $1.89.
3. Some prominent longtime tokens like Axie Infinity (AXS), ApeCoin (APE), The Sandbox (SAND), and Illuvium (ILV) have also experienced significant drops this week, ranging from 27% to 29%.