TON Network Surges as Telegram Games Flourish in the Crypto Gaming Space

TON

TON/USDT

$1.392
-0.36%
24h Volume

$82,728,568.24

24h H/L

$1.423 / $1.336

Change: $0.0870 (6.51%)

Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data
TON
TON
Daily

$1.385

-0.43%

Volume (24h): -

Resistance Levels
Resistance 3$1.6006
Resistance 2$1.4873
Resistance 1$1.3992
Price$1.385
Support 1$1.3807
Support 2$1.3362
Support 3$1.292
Pivot (PP):$1.3807
Trend:Downtrend
RSI (14):34.2
(04:53 PM UTC)
2 min read

Contents

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  • The hype surrounding the crypto and NFT gaming industry is reaching unprecedented levels as blockbuster games debut and token airdrops continue to rise.
  • The sector is awash with exciting developments, capturing the keen interest of both investors and gamers globally.
  • “The momentum in crypto gaming is relentless,” highlights CoinOtag’s GG, reflecting on the week’s major events.

Stay ahead in the ever-evolving world of crypto gaming with our comprehensive roundup of the latest news and trends.

Telegram Games See a Surge on TON

Telegram-based games are emerging as a dominant force in the crypto gaming landscape. Popular titles like Notcoin and Hamster Kombat are now joined by Tapswap and Yescoin, signaling a growing trend of mini-games on the messaging platform. Tapswap, boasting 50 million players, has shifted its allegiance from Solana to The Open Network (TON), while Yescoin shows promise with a rapidly growing user base of 18 million.

Epic Games Store Welcomes Parallel

Parallel, a competitive NFT-infused card game, has made a significant leap by launching on the Epic Games Store. The game, which hinges on Ethereum and Base layer-2 scaling for its NFTs, has captured an audience of 75 million monthly active users. With its mixed offering of tokenized and non-tokenized in-game cards, Parallel is set to redefine player engagement.

Market Volatility Hits Gaming Tokens

The broader crypto market downturn has not spared the gaming sector, as volatile gaming tokens took severe hits. High-profile projects like Guild of Guardians (GOG), Parallel (PRIME), and Xai (XAI) experienced substantial price drops. This volatility underscores the nascent stage of the crypto gaming market, making it a risky yet intriguing investment arena.

Conclusion

The past week’s developments highlight the dynamic nature of the crypto gaming world, from the strategic pivot of games to new platforms to the unsettling volatility of gaming tokens. As this market continues to evolve, staying informed is critical for both players and investors. Look for further expansions, partnerships, and market adjustments in the near future, signaling that the sector is poised for continual growth and innovation.

JM

James Mitchell

COINOTAG author

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