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Altcoin Market Surges, Led by Efinity’s Staggering 120% Daily Increase

  • Efinity EFI crypto surged by 120% on July 13, contributing to a weekly gain of over 700%, driven by demand stemming from Enjin BeamBlitz and open-sourcing of documentation.
  • The overall crypto market cap has surpassed $3.8 trillion, with Bitcoin leading the rally by reaching milestones such as $120,000, $130,000, and $150,000 as capital inflows continue.
  • Efinity, powered by Polkadot technology, focuses on NFTs and Web3 gaming, overcoming Ethereum's scalability issues during the DeFi and NFT boom.
  • Enjin's integration with Efinity in 2023 fueled the EFI crypto rally, creating a unified ecosystem for NFTs and gaming, supported by initiatives like the BeamBlitz campaign and open-sourcing of documentation.

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