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Gala

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/gamefi-market-outperforms-crypto-with-significant-growth/" data-wpel-link="internal">GameFi Market Outperforms Crypto with Significant Growth</a><br></p>
<p class="p1" style="text-align: justify"><strong>GameFi</strong> market value has increased by over 6% in the last 24 hours, outperforming the rest of the cryptocurrency market, which saw a 2.2% increase during the same period. According to CoinGecko data, the total value of crypto assets associated with Web3 games is currently at the level of 32.7 billion dollars.</p> 
<h2 class="p1" style="text-align: justify" id="intense-interest-in-the-gamefi-sector">Intense Interest in the GameFi Sector</h2> 
<p class="p1" style="text-align: justify"><strong>Tradingview</strong> data indicates that GameFi crypto assets, such as Gala, have shown an increase of over 3% in the last 24 hours. Gala serves as a governance token within the Gala Games community, used for in-game purchases and voting rights. However, looking back at the monthly view, the rally in Web3 games becomes more pronounced.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-325839 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/gala.webp" alt="" width="716" height="510"></p> 
<p class="p1" style="text-align: justify">In the past 30 days, Gala has increased by 228%, The <a href="https://en.coin-turk.com/the-sandbox-announces-turkishverse-land-sales-sand-token-price-prediction/" data-wpel-link="internal">Sandbox</a>‘s Sand token by 91%, and Axie Infinity’s AXS by 71%. According to Nansen analyst Edward Wilson, this superior performance indicates that significant investor activities are moving along the risk curve. Wilson shared the following statement:</p> 
<blockquote> 
 <p class="p1" style="text-align: justify">“As the market starts to heat up, investors are looking for higher returns beyond major cryptocurrencies like <a href="https://en.coin-turk.com/crypto-market-insights-buying-opportunity-signals-for-bitcoin-and-altcoins-amid-downtrend/" data-wpel-link="internal">Bitcoin</a> and <a href="https://en.coin-turk.com/good-news-for-ethereum-investors-sec-preparing-to-approve-futures-etf/" data-wpel-link="internal">Ethereum</a>.”</p> 
</blockquote> 
<p class="p1" style="text-align: justify">The Nansen analyst pointed to the upcoming Game Developer Conference event next week as a driving force behind Web3 game developer activities. The analyst shared this comment on the subject:</p> 
<blockquote> 
 <p class="p1" style="text-align: justify">“Game tokens are on the rise with the anticipation of this upcoming event.”</p> 
</blockquote> 
<h2 class="p1" style="text-align: justify" id="noteworthy-details-in-the-crypto-market">Noteworthy Details in the Crypto Market</h2> 
<p class="p1" style="text-align: justify">The main tokens related to the cryptocurrency sub-sector of artificial intelligence also made significant gains last week. Render’s native token <strong>RNDR,</strong> which helps artists access computing power to create generative AI art, gained over 64% in value last week and is currently trading at $11.99.</p> 
<p class="p1" style="text-align: justify">The Graph protocol’s native token GRT is also joining the recent rally of AI-related tokens. Its price increased by 42% last week and is currently trading at $0.44. GRT’s price has increased by 164% over the past month. The GM 30 Index, representing the top 30 cryptocurrencies, rose by 2.76% in the last 24 hours to 156.67.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/gamefi-market-outperforms-crypto-with-significant-growth/" data-wpel-link="internal">GameFi Market Outperforms Crypto with Significant Growth</a></h5>

GameFi Market Outperforms Crypto with Significant Growth

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