After experiencing a consolidation phase following nearly two weeks of gains, funds seem to be flowing into altcoins, particularly the blockchain gaming sector. According to data from CoinGecko, the governance token AXS of the play-to-earn game Axie Infinity has surged 24% in the past two days, rising from about $4.7 to $5.84. The game’s reward token SLP has also seen a gain of over 60% in the same period.
Other significant gainers in the blockchain gaming sector include GALA, the token of the gaming platform Gala Games, which has risen approximately 11% in the past 24 hours, from about $0.018 to $0.02. The token GMT of the play-to-earn game Stepn has also experienced an approximately 11% increase in the past 24 hours, rising from about $0.175 to $0.195. Additionally, the token BIGTIME of the multiplayer online role-playing game Big Time has surged approximately 28% in the past 24 hours, climbing from about $0.147 to $0.188.
Furthermore, virtual world platforms have also seen significant increases. The token SAND of The Sandbox has risen approximately 9% in the past 24 hours, from about $0.33 to $0.36. The token MANA of Decentraland has also experienced an approximately 10% increase in the past 24 hours, rising from about $0.345 to $0.38.
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