Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$97,120.00
1.97%$3,224.35
1.63%$2.80
10.06%$701.75
1.58%$189.42
1.81%$0.361528
4.94%$0.99993
0.00%$1.019
6.15%$3,222.19
1.68%$0.222216
-0.77%$36.66
2.90%$0.46079
9.11%$4.58
-2.45%$5.36
1.87%$3,838.14
1.67%$20.33
3.43%$96,873.00
2.03%$0.00002163
1.17%$24.65
0.24%$0.300328
7.51%$6.67
3.16%$3,226.28
1.63%$439.48
1.63%$9.23
-0.63%$13.19
0.61%$6.48
-1.09%$102.20
2.98%$22.69
0.33%$0.00001736
0.61%$3,411.38
1.82%$0.999545
-0.31%$4.98
3.50%$0.999417
-0.20%$9.00
4.52%$10.19
2.35%$294.09
0.53%$0.456622
2.74%$207.58
0.94%$25.32
1.77%$0.137164
1.13%$1.10
-1.80%$0.04501949
2.67%$6.95
-1.40%$3.75
0.28%$0.135994
10.32%$1.31
4.00%$415.48
-2.62%$0.389719
10.32%$5.19
3.46%$0.7382
2.79%$3.00
9.27%$49.36
3.50%$35.04
2.95%$6.28
0.16%$0.821605
-0.98%$1.79
1.95%$18.73
1.93%$4.77
1.81%$0.71646
4.66%$1.50
1.32%$2.18
5.25%$21.44
3.36%$0.00002728
2.09%$1.21
0.51%$97,163.00
2.06%$0.03180656
-0.74%$3,225.66
1.54%$0.203263
2.83%$0.821984
-4.21%$2.03
0.89%$0.999375
-0.16%$3,334.42
1.82%$0.116257
18.20%$0.378078
2.24%$1.16
-3.04%$3,616.34
1.74%$97,246.00
2.36%$3.82
0.08%$1.81
9.43%$5.39
11.23%$107.57
4.87%$0.00016085
2.03%$0.03616425
5.94%$1.54
2.24%$0.99891
-0.27%$1.37
19.51%$194.02
2.09%$3,400.45
1.72%$0.02996102
-0.88%$0.02527384
7.42%$0.569598
1.06%$0.804747
2.14%$1.026
-0.25%$10.73
-1.13%$1.27
2.09%$1.29
2.53%$0.354229
11.10%$96,936.00
2.36%$0.213746
3.12%$1,384.58
1.54%$0.806149
4.07%$0.02235487
0.50%$0.321152
0.41%$1.001
9.75%$0.114664
0.54%$0.72885
2.59%$3.21
-0.92%$0.00000113
0.40%$0.858235
4.37%$54.43
0.54%$31.56
0.90%$14.82
0.31%$237.55
2.40%$0.423966
2.48%$15.66
2.01%$1.025
-6.64%$1.07
4.19%$95,807.00
2.14%$3,330.76
1.72%$6.20
2.12%$0.498514
3.79%$0.361435
4.78%$16.08
13.61%$1.26
1.22%$32.43
1.26%$0.948496
1.36%$1.19
12.34%$0.456745
2.88%$4.75
-1.47%$701.93
1.17%$52.31
5.83%$96,789.00
2.03%$3,223.49
1.70%$1.063
2.15%$0.081105
2.58%$14.20
7.96%$0.999138
0.16%$3.00
2.47%$0.0000019
3.84%$203.47
2.58%$0.148737
3.13%$3,225.19
1.78%$0.0131431
3.85%$1.85
0.82%$2.47
-0.39%$3,215.49
1.42%$0.00003518
1.11%$2.86
4.22%$0.244855
1.11%$76.69
4.04%$2.32
1.65%$0.417733
6.38%$0.558687
2.39%$2,641.73
0.27%$0.176546
0.46%$3.08
2.68%$3,402.06
1.71%$0.995817
-0.34%$0.00631253
1.31%$96,098.00
1.16%$243.59
1.81%$0.999404
-0.30%$0.729305
37.85%$3.77
-0.82%$0.062772
-2.12%$1.77
2.94%$0.575126
-3.86%$1.26
1.02%$0.00010232
1.38%$0.06772
26.64%$0.00803007
-0.19%$0.00654355
-0.40%$0.079258
-0.76%$0.60748
1.58%$1.19
-0.35%$2,677.96
0.10%$25.41
1.89%$97,228.00
1.84%$3,508.75
1.57%$0.532787
-6.20%$0.371594
2.31%$0.999685
-0.40%$92,956.00
1.64%$0.00508115
-1.46%$0.47061
2.31%$0.075689
3.26%$0.0007625
-31.38%$0.00569366
1.45%$1.00
-0.23%$1.21
6.06%$13.49
3.05%$31.23
4.12%$0.941483
0.78%$0.998419
-0.29%$4.38
0.07%$0.01059517
2.76%$0.00000048
-0.28%$3,210.66
2.02%$0.00628248
5.44%$0.06825
2.75%$3,227.87
1.72%$38.00
6.17%$0.212538
1.04%$0.454455
18.59%$1.084
0.67%$0.00
2.62%$1.07
0.41%$0.059523
2.17%$0.00566563
2.49%$1.31
1.55%$96,610.00
1.65%$3,382.69
1.64%$1.00
-0.23%$87.34
2.21%$3,478.37
1.67%$9,699.54
13.24%$0.02138204
4.96%$22.15
1.32%$1.89
3.98%$0.485325
3.16%$2.47
-1.30%$3,226.22
1.49%$0.404623
21.52%$1.074
0.04%$0.993144
-0.43%$25.25
17.50%$2.93
1.64%$3.94
1.63%$0.00220613
3.58%$12.52
-3.38%$0.384565
35.75%$0.381748
2.32%$0.03805265
0.97%$0.748278
-4.64%$4.80
3.62%$0.00542579
3.69%$0.00412412
32.80%$1.002
-0.23%$0.197265
0.89%$0.244361
2.16%$0.14593
3.36%$0.063675
0.87%$0.21801
-2.32%$0.198699
2.72%$0.855686
-0.91%$0.03556129
2.34%$21.56
0.81%$3,436.68
1.72%The cryptocurrency market is in the red Monday with Bitcoin slipping closer and closer to $40,000, and the largest gaming tokens have fallen harder than the average coin. However, the Ronin network’s RON token is still enjoying a hot streak thanks to a weekend surge that pushed it near a two-year high.
Ronin is up 34% over the last week to a current price of $2.32, according to data from CoinGecko, pushing RON into the top 100 cryptocurrencies. It jumped as high as $2.52 on Sunday—the highest price seen for the token since February 2022.
The Ethereum sidechain network is designed for games and was originally launched for Axie Infinity in 2021, fueling the monster-battling game’s surge as the play-to-earn experience generated billions of dollars of NFT trading volume that year.
Developer Sky Mavis has gradually onboarded additional developers, and found a hit with Pixels, a game that migrated to Ronin from Ethereum sidechain Polygon late last year. Amid interest in the game and excitement around its play-to-airdrop campaigns, Ronin saw a surge in daily active wallets.
Pixels ended its final play-to-airdrop campaign on Friday ahead of the upcoming PIXEL token launch, though the game will offer further in-game earning opportunities in the future. However, another Ronin game—Apeiron, a card-driven riff on the “god game” genre—just launched its own airdrop campaign last week.
RON has jumped 325% over the last year, per CoinGecko. But amid the down market, it has fallen about 3% over the past 24 hours, matching the market average during that span.
Most gaming tokens have seen sharper drops during the span. Immutable’s IMX token is down 8% today to $1.80, while Beam (BEAM) and Gala Games (GALA) are both down about 7%. Axie Infinity’s own AXS governance token is down over 5% today, while the in-game SLP reward token is down 6%.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.