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Top GameFi Tokens to Watch Before 2024 Ends
- The GameFi sector is booming, with a market cap exceeding $27.88 billion.
- SAND, MANA, AXS, and IMX are some of the top performing GameFi tokens over the past 24 hours.
- The Sandbox (SAND) has been at the forefront of the GameFi movement, posting a 66.33% rally in just 24 hours and a 125% surge over the past week.
- Decentraland (MANA), another prominent GameFi token, has also posted significant gains, climbing 38.27% in the last 24 hours.
- Axie Infinity (AXS), the flagship token of the popular play-to-earn game, has also been making waves.
- Immutable (IMX), the largest GameFi token by market cap at $2.91 billion, which has also seen a notable price rise, climbing 14.1% over the past 24 hours.
- On the technical front, the SAND/USDT and MANA/USDT pairs have formed a “Golden Cross” on the daily chart, with the 20-day EMA crossing above the 50-day SMA—typically a bullish signal.
- The global crypto market is balancing between gains and losses despite Bitcoin breaking its all-time high multiple times in the last few days.
- Immutable X has made significant strides in improving Ethereum’s scalability.
- The article does not represent any investment advice and the readers are encouraged to do their own research before investing.
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