GameFi and Metaverse Tokens Take Serious Losses

GameFi and metaverse tokens were the assets most affected by the recent market crash.
 GameFi and Metaverse Tokens Take Serious Losses
READING NOW GameFi and Metaverse Tokens Take Serious Losses

GameFi and metaverse tokens were the assets most affected by the recent market drop.

Bitcoin has recently lost close to 10% amid recession concerns. Bitcoin fell from the $ 39,500 level it was traded to the $ 35,500 level. Along with Bitcoin, there were also serious losses in altcoins.

In this atmosphere, the altcoins that lost the most were those belonging to GameFi and metaverse projects. Play win project STEPN’s GMT, 27% in the last 24 hours; He dropped 41% from his ATH eight days ago. Axie Infinity, the leading NFT game project that came to the fore with the big bridge attack it experienced in the past days, has lost 16% in the last 24 hours. Axie’s decrease in ATH was 83%. ApeCoin, the token of the leading NFT collection Bored Ape, which is undoubtedly one of the most popular assets of recent times and has just entered the metaverse space, has dropped 17% in the last 24 hours.

Bitcoin is trading at $ 35,958 at the time of publication.

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