play2earn tokens are mooning right now
Holy crap! After getting a few DMs from my friends I did something I rarely do, which is focus on the token charts and looking at how much different tokens cost. Turns out that the entire play2earn space/"vertical" is pumping right now even though most other tokens are falling.
Not only is Hive above $1 (woot!), WAX is threatening to hit $1 as well and WEMIX is absolutely to the moon and beyond at $17+!! I'm not a charts guy but even I get excited looking at this.
What to do when gaming moons
What does this mean? How should we think about blockchain gaming at this current moment?
I do think the current gaming token pump is a validation from the market of this new trend towards blockchain gaming. From my perspective as a gamer and long time crypto enthusiast, this is clearly a wave that will continue to grow.
To be clear, markets go up and down, DYOR or you will get wrecked, but I just think this is clearly a "new normal" kind of situation, crypto gaming is here to stay and I highly doubt it will be going away EVER.
If you're a competitive gamer or a content creator and you aren't involved in the play2earn space... now would be a very good time to start :-P
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Great days for play2earn ecosystems and their tokens are holding strong and as new players are folding these also the base blockchains are improving. I foresee many games and ecosystem increase x10 from here.
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100%, there is still tons of room to grow and most of the world isn't even onboarded yet. Will be very interesting to see how games like Axie and Splinterlands pick up adoption, I'm hearing good things about people getting involved in West Africa right now
I'm not really a gamer, but I do okay from Rising Star and Splinterlands. In the latter I'm renting out my cards for some nice income.
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Splinterlands rentals are great
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It's completely normal, nothing to see here! 😂
More & more people are looking at P2E now.
Especially in the dump market time, when investor want to find another "area" to get profit :)