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VOXEL, SLP and ALICE rally after protocol updates and a major exchange listing

VOXEL, SLP and ALICE rally after protocol updates and a major exchange listing

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Source: Coin Telegraph

Voxies, Smooth Love Potion and MyNeighborAlice overcome the noise to post double-digit gains thanks to protocol updates and a new exchange listing.

Crypto markets are taking a beating but there are still a few standout performers even during this week’s volatility.

One sector that has managed to rise above the noise are NFT-related altcoins and GameFi tokens.

Top gainers in the collectible and NFT sector. Source: CoinMarketCap

Data from

As seen in the chart above, the VORTECS™ Score for SLP climbed into the green on Feb. 20 and reached a high of 81 around 23 hours before the price increased 38% over the next day.

The price turnaround for SLP comes amid a revamp of the tokenomics for the Axie Infinity ecosystem that includes a decrease in the rate of emission of SLP which will reduce the number of SLP minted daily by 175 million SLP.

Related: AXS, RON and SLP surge after Axie Infinity developers revamp the project’s tokenomics

ALICE lists at Coinbase

MyNeighborAlice is a farming-themed play-to-earn builder game with integrated decentralized finance features that operates on the Chromia network.

Data from Cointelegraph Markets Pro and TradingView shows that the price of ALICE rallied 35% from a low of $6.11 on Feb. 22 to a daily high at $8.25 on Feb. 23.

ALICE/USDT 4-hour chart. Source: TradingView

The sudden spike in price and trading volume for ALICE followed an announcement from top-ranked U.S.-based cryptocurrency exchange Coinbase that it would be adding trading support for ALICE beginning Feb. 24.

The overall cryptocurrency market cap now stands at $1.713 trillion and Bitcoin’s dominance rate is 41.7%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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Author: Jordan Finneseth