GameFi Fever: $APE, $RON, $MAVIA, and $GFOX Soar

he crypto world is once again enlivened by the GameFi sector, with several tokens such as $APE, $RON, $MAVIA, and $GFOX stealing the spotlight. $APE rose 20% following Arbitrum's adoption decision, $RON jumped 27% on increased staking activity, and $MAVIA hit a new high. Meanwhile, the $GFOX token in the presale sold well and surpassed $3.5 million.

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ApeCoin Chooses Arbitrum, Price Rises 20%

The popularity of GameFi tokens has skyrocketed, one of which is $APE which has jumped 20%. This was sparked by the decision of ApeCoin DAO, the community that governs the APE token, to use the Arbitrum layer 2 scalability solution in building ApeChain, the Bored Ape Yacht Club (BAYC) custom blockchain.

This decision comes two years after Yuga Labs, creator of the popular BAYC NFT collection, began the process. A scalable network has the potential to drastically reduce transaction costs and increase speed on the blockchain, which is important for supporting large-scale crypto applications and transactions. The integration of Arbitrum is a promising step for the ApeCoin ecosystem.

Also Read: Ronin (RON) Price Prediction: Can RON Gaming Token Maintain Momentum?

Ronin Network Staking Soars, $RON Price Rises 27%

Ronin Network introduced the RON/PIXEL liquidity pool on its decentralized exchange Katana DEX, enabling easy swapping between $RON and $PIXEL and offering attractive rewards for liquidity providers. Currently, more than 35,000 delegators have staked a total of 189 million $RON.

Increased activity on Ronin pushed the price of $RON from $2,656 on February 12 to $3,394 on February 19, up 27%. This positive development further strengthens Ronin's position as a growing DeFi ecosystem, as well as providing higher utility and earning opportunities for users.

$MAVIA Token Soars 440%

Heroes of Mavia, a popular fantasy game, helped drive the GameFi fever. The newly launched $MAVIA crypto token is surging as interest increases. Players can explore the magical island of Mavia and compete to collect in-game RUBY assets. NFTs for items such as skins, statues, and consumables also have market value.

Launching on February 6, 2024, Heroes of Mavia had the biggest airdrop in the Web3 gaming industry. The main driving factor for $MAVIA's momentum is its listing on top crypto exchanges such as Crypto.com, Bybit, Gate.io, HTX, and KuCoin. $MAVIA price surged to an all-time high above $10 on February 18.

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Galaxy Fox Raises $3.5 Million in Presale

Galaxy Fox is an innovative blockchain platform that optimizes entertainment and financial returns from Play-to-earn games. The ecosystem's native $GFOX token offers access to exciting runner games and unique NFTs.

The ongoing $GFOX presale has surpassed $3.5 million. Currently, the token is in stage 8 of the presale for $0.002178 per token. More than 92% of the tokens allocated for this stage have been sold and it is expected to enter stage 9 soon with a price increase of almost 10% to $0.002376.

So far, the $GFOX presale has delivered over 220% ROI for investors since stage 1. By the end of the presale, it is expected to reach over 450% ROI.

Conclusion

$APE, $RON, and $MAVIA are experiencing significant upward trends as the crypto world's focus shifts to GameFi. However, $GFOX is worth considering with presales topping $3.5 million, making it a major player in the games industry. With current prices low, this is an attractive investment opportunity before launch on exchanges.

Get 15% off when you join the Galaxy Fox ecosystem today! Visit the website and join the Telegram community for the latest updates.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via  Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC),  Ethereum (ETH ),  Solana (SOL),  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

What is Aave? Defi Platform Pioneer

GameFi: Between Gaming and Decentralized Finance (DeFi)

PIXEL Price Analysis: Breakthrough or Momentary Trend in the GameFi World?

DISCLAIMER: This article is informational and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.