Altcoins

$NOT Tops Trading Charts with $585M, $APE Follows with $435M

In the world of gaming tokens, $NOT and $APE have emerged as leading players with impressive trading volumes of $585 million $435 million respectively. These tokens have captured significant market attention, reflecting the growing interest in blockchain-based gaming assets. As mentioned by the crypto news platform Phoenix, the leading position of these tokens showcases their demand and the high trading volumes observed in the gaming category.

TOP #GAMING TOKENS BY WEEKLY VOLUME$NOT $APE $GALA $NAKA $YGG $MANA $BIGTIME $SAND $ILV $GMT $PIXEL $BNX $DAR $AXS $AI pic.twitter.com/7Dm1pD8576

— PHOENIX – Crypto News & Analytics (@pnxgrp) September 8, 2024

$GALA and $NAKA Follow $NOT as Top Traded Gaming Tokens

Following $NOT and $APE, the second most active asset in trading is $GALA with trading volume of $279 million. GALA is the token that is native to the Gala Games platform on which many decentralized games depend for support, and this results in high trading. $NAKA which is ranked immediately below has a trading volume of $ 257 million. $NAKA, Nakamoto Games is a gaming platform that has emerged in the market and is based on blockchain technology.

Fourth is $YGG with a volume of $208 million. Yield Guild Games associated with $YGG is known for its focus on the management of game assets, which has been evidently well received by investors. The second cryptocurrency is MANA, the native token of Decentraland, which enjoys relatively high demand with a trading volume of $187 million, pointing to the growing interest in the world of virtual reality gaming.

$ILV, $GMT, and $PIXEL Add to Growing List of Popular Gaming Tokens

Others include $BIGTIME with 167 million and $SAND with 160 million. Both tokens originate from their respective platforms, namely Big Time and The Sandbox. However, $ILV, $GMT, and $PIXEL, with the trading volumes of $149 million, $140 million, and $150 million, respectively, all indicate that there are indeed many different gaming tokens that are active in the market. Other coins that also join the list are $BNX, $DAR, $AXS, and $AI which is indicating that gaming coins are trending.

Finally, the high trading volumes of such gaming tokens as reported by Phoenix are a clear indication of the ongoing and growing interaction between gaming and blockchain. $APE leads, followed by $GALA and $NAKA, which means that investors are concerned with several gaming protocols. For example, $YGG, $MANA, and other tokens demonstrate the different interests in the sector.

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