Gaming Tokens Skyrocket

Gaming and metaverse tokens rise; Jack Butcher and Snowfro collaborate; XRP Ledger achieves significant milestone.

Author

Leah Alger
October 31, 2023

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This Week's Low-Down:

  • 🌞 Gaming Tokens GALA, AXS, APE, MANA and SAND Shine

  • 🎨 Jack Butcher and Snowfro Unite for a Dynamic NFT Collab

  • 🚀 XRP Ledger Breaks Milestone with Over 3M NFT Mints

What's Happening Header

  • OpenSea Launches Shipyard for NFT Developers (Bitcolumnist)

  • Behind the PFP: How NFT God Built a $250K Business With X Content (nft now)

  • Ryder Ripps to Pay Yuga Labs $1.6M in Damages Over Copyright Lawsuit (Bitcolumnist)

  • GAM3 Awards Nears to Celebrate Web3 Gaming’s Finest (NFT Plazas)

  • Maison Margiela the Fashion Powerhouse, Presents ‘Blockchain Bingo’ (Bitcolumnist)

  • Blockchain Will Be ‘Standard’ for Gaming in Asia: Bandai Namco Exec (Decrypt)

  • GAM3 Awards Nears to Celebrate Web3 Gaming’s Finest (NFT Plazas)

  • Neon Machine Raised $20 Million in Funding for Shrapnel Game (Bitcolumnist)

  • Sotheby’s LA to Present ThankYouX Solo Exhibit “inertia” (nft now)

  • Upland Debuts Susan G. Komen Wearables to Fight Breast Cancer (NFT Plazas)

  • Animoca Brands Acquired the Blockchain Streaming Platform Azarus (Bitcolumnist)

  • Habbo Game Plans to Keep Using NFTs Without Uttering Dirty Crypto 'Jargon' (Decrypt)

  • Solana Labs Presents Solana Incubator Program for Web3 Start-Ups (Bitcolumnist)

  • Deadfellaz x MetaMask Infuse Halloween Art in Decentraland (NFT Plazas)

  • Efdot and Amber Vittoria Join Forces to Release Limited-Edition NFT (nft now)

  • JPMorgan Now Handles $1B of JP Coin Transactions (Bitcolumnist)

  • Parallel to Bolster Sci-Fi Gaming with 120 New NFT Cards (NFT Plazas)

Trending Collections on OpenSea:

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Gaming Tokens GALA, AXS, APE, MANA and SAND Shine

Amidst crypto market volatility, gaming and metaverse tokens like GALA, AXS, APE, MANA, and SAND have demonstrated remarkable resilience and substantial growth, according to CoinGecko data.

  • SAND, the token for The Sandbox, rose by nearly 15% in the past week, reaching nearly $0.36. ☝️

  • AXS, the governance token for Axie Infinity, recorded a 28% increase in the past week, hitting $5.76 — its highest price since mid-August.

  • GALA, the Gala Games ecosystem token, surged by 42% in the past week, reaching $0.02 per token, despite a 7% dip in the last 24 hours.

  • ApeCoin (APE), the Ethereum-based token for BAYC, experienced a 20% gain over the past week following its Forge partnership, rising to $1.36 — recovering from its all-time low in October.

  • MANA, Decentraland’s token, also saw a 21% increase, surpassing $0.37.

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Jack Butcher and Snowfro Unite for a Dynamic NFT Collaboration

Digital artists Jack Butcher and Snowfro have artistically linked up to drop an intriguing NFT art collection, combining traits from their previous, successful creative pursuits.

  • Jack Butcher, the creator of the Opepen NFT collection, is best known for his open-edition NFTs inspired by Pepe meme culture.

  • Erick Calderon (Snowfro) is a renowned NFT artist and founder of Art Blocks, famous for his ‘Chromie Squiggle’ project.

  • Surpassingly, Chromie Squiggle’s market cap currently stands at $154,875,873 (86,548 ETH), as per CoinGecko.

  • Jack Butcher and Snowfro’s collaborative collection attracted over 10,000 opt-ins within just hours of launching, indicating strong collector interest.

    XRP Ledger Breaks Milestone with Over 3M NFT Mints

    XRP Ledger reaches a significant milestone with over three million NFTs minted utilizing the XLS-20 standard.

  • XRL Ledger currently has 2,994,775 NFTs in existence, owned by 30,966 individuals, with a total of 5,828 issuers and 347,361 NFTs burned.

  • Notably, XRP Ledger NFTs override the need for smart contracts for creations and transfers.

  • Further attracting users, XRP Ledger standardized NFTs with XLS-20, offering benefits such as royalties and anti-spam measures in October 2022.

  • XPUNKS leads in NFT sales volume and various NFT transaction types showcase significant increases in XRP NFT purchases throughout the last quarter.

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Today's edition was written by Leah Alger.