The return of GameFi in November 2023

Coin associated with the gaming finance sector refers to digital assets utilized within blockchain-based gaming platforms, serving as in-game currency or for managerial purposes, allowing voting on decisions impacting the development and operations of the game.

The Gamefi token economy has surged from $6.95 billion in January 2023 to $12.6 billion in November 2023.

Currently, the total value of leading Gamefi tokens stands at $12.6 billion. This valuation represents less than 1% of the total cryptocurrency economy valued at $1.4 trillion, approximately 0.82%.

The largest market-cap Gamefi token is Immutable X (IMX), has witnessed a 27.7% increase last week, with a valuation of $1.5 billion.

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GameFi is coming back, which would be the next Axie Infinity :wink:

Hi Jenny, FYI :money_with_wings: :moneybag: :video_game:

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