Gaming Tokens GODS, APE Up Double-Digits Over The Week

The previous week has been brutal for vital cryptocurrencies, with almost $80 billion value of worth wiped off the market following the Fed’s 75-basis level hike.

However regardless of bearish value motion within the broader crypto market, gaming-related cryptocurrencies Gods Unchained (GODS) and ApeCoin (APE) have posted double-digit beneficial properties over the previous week.

GODS, the token powering well-liked NFT-powered card recreation Gods Unchained, has gained greater than 20% over the previous week and recorded a brand new month-to-month excessive of $0.567, per information from CoinMarketCap.

Nevertheless, in distinction to its bullish weekly efficiency, GODS is down 5.7% over the previous 24 hours and at the moment trades at round $0.37.

Unsurprisingly, the GODS value surge over the previous week accompanied a rise in Gods Unchained customers.

In accordance with information from DappRadar, Gods Unchained noticed a 102.03% bounce in its whole customers over the previous week. Transaction volumes have additionally grown by 125.97% over the identical interval. 

ApeCoin jumps over the week

ApeCoin, the token underpinning the ecosystem of well-liked NFT assortment Bored Ape Yacht Membership, and its upcoming metaverse platform Otherside, has additionally posted beneficial properties of over 16% previously week.

At the moment, APE trades at $5.64 after retracing again from a weekly excessive of $6.34 recorded yesterday, per information from CoinMarketCap.

Regardless of a bullish week fueled by the upcoming APE staking launch, the token is down over 80% from its recorded all-time highs of $39.40 in March 2022.

Different widespread gaming-related tokens have additionally posted strong weekly beneficial properties; Guild of Guardians’ GOG token gained almost 15% final week, and GPU rendering community Render’s native token RNDR has additionally posted modest weekly beneficial properties of 8.1%.

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