Four Altcoins Explode 232% or More in One Week As Play-To-Earn Projects Outperform Bitcoin, Ethereum and Crypto Markets
Four crypto assets are erupting this week as play-to-earn gaming projects outshine Bitcoin (BTC), Ethereum (ETH) and the broader crypto markets.
One of the top gainers from the last seven days is YooShi (YOOSHI), the native asset of a play-to-earn gaming ecosystem built on Binance Smart Chain (BSC).
Data from CoinGecko shows that YooShi rallied 619% in one week from a low of $0.00000057 to its all-time high of $0.0000041 on October 30th.
The altcoin has corrected since and is now exchanging hands at $0.0000034.
Next up is MANA, the native asset of blockchain-based virtual reality platform Decentraland. In seven days, MANA skyrocketed 448% from a low of $0.75 to a fresh all-time high of $4.11 on October 31st.
Decentraland recently launched a play-to-earn incubator to support new games looking to integrate with the platform’s metaverse.
The gaming token StarLink (STARL), which is designed to allow players to earn digital assets as they travel through a virtual universe and complete tasks, is in the midst of a rapid rise.
The 190th-ranked altcoin exploded from a seven-day low of $0.000015 to a fresh all-time high of $0.000064, representing gains of 326% in just one week.
Meanwhile, The Sandbox (SAND), another player-powered online world that allows gamers to sell virtual assets in an online marketplace, has soared 232% in the last seven days.
The Hong Kong-based gaming platform just raised $93 million in an investment round led by SoftBank, according to a new report from Reuters.
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The post Four Altcoins Explode 232% or More in One Week As Play-To-Earn Projects Outperform Bitcoin, Ethereum and Crypto Markets appeared first on The Daily Hodl.
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Author: Daily Hodl Staff
