Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$59,960.00
2.93%$2,416.29
2.23%$551.81
1.45%$137.13
2.40%$0.999727
-0.06%$0.582589
2.69%$2,416.21
2.08%$0.105983
-0.48%$5.75
3.97%$0.14828
-1.79%$0.35641
0.15%$24.77
3.61%$2,853.46
2.65%$59,890.00
2.97%$0.00001374
0.23%$2,416.14
2.57%$11.30
4.08%$330.35
-0.23%$4.37
1.12%$5.70
2.29%$6.70
-2.20%$65.91
3.59%$4.18
-0.51%$0.172521
3.70%$8.59
3.83%$2,552.95
2.94%$1.34
1.42%$0.0000078
5.47%$170.71
-0.14%$6.20
0.71%$0.413578
1.40%$0.096154
1.07%$18.60
1.19%$1.021
1.27%$0.998796
-0.02%$1.00
-0.10%$1.61
-0.12%$39.49
0.81%$314.46
8.84%$0.083201
2.10%$3.67
-0.14%$1.29
4.15%$138.34
-2.46%$5.24
2.50%$0.051906
-0.25%$0.579496
2.17%$19.31
1.59%$0.530215
1.52%$1.55
1.51%$0.02246849
0.70%$4.18
-1.38%$1.60
3.37%$10.97
-0.16%$1,610.06
-0.49%$2,416.79
2.49%$0.149974
2.85%$4.02
3.43%$0.958618
0.73%$0.478426
-0.56%$2,711.65
2.68%$19.98
0.37%$1.30
5.00%$0.412181
3.91%$7.49
-2.86%$59,896.00
2.59%$0.00012732
2.64%$2,521.61
2.58%$0.00001732
1.64%$74.92
-1.92%$0.131344
1.83%$0.292693
0.69%$0.77227
2.84%$8.08
1.87%$0.02056067
2.63%$0.298689
0.86%$8.21
0.77%$48.30
1.20%$4.52
9.34%$1.096
-2.52%$0.639596
1.04%$1.031
-0.25%$2,460.88
2.56%$2,413.11
2.00%$0.948993
2.22%$0.559326
0.03%$0.00000088
0.95%$2,413.73
2.51%$2.53
-0.81%$0.08187
2.69%$0.0078565
3.05%$0.134664
0.53%$0.996997
-0.26%$0.498004
-0.20%$9.22
5.18%$0.996829
-0.21%$0.01427352
1.77%$0.01512573
2.12%$26.41
-0.59%$0.730469
10.70%$0.01828496
0.59%$4.76
0.97%$0.397794
-0.35%$32.73
2.39%$166.88
2.39%$9.69
1.32%$0.00000032
0.33%$1.51
1.03%$0.996279
-0.19%$0.647001
-0.22%$0.143173
0.88%$2,572.50
0.19%$0.00003203
0.84%$0.01401642
1.90%$59,806.00
2.93%$2.50
1.04%$2,485.48
2.68%$0.254663
-2.67%$17.54
0.74%$0.917372
1.23%$0.00110659
8.13%$0.992986
1.43%$2,415.70
2.34%$0.209203
-0.54%$3.38
0.49%$1.54
0.17%$0.27387
-1.35%$0.439554
1.80%$0.745814
1.40%$2,607.05
2.45%$0.99913
-0.03%$0.00008632
2.88%$2,575.66
0.35%$0.053758
0.91%$1.77
1.08%$1.44
2.62%$30.49
0.95%$8.04
1.33%$2,410.78
2.03%$2,413.95
2.74%$0.398823
2.05%$0.128716
0.15%$0.00638324
1.67%$12.59
1.89%$3.86
-0.08%$142.24
2.51%$0.059755
2.28%$0.223305
6.03%$0.115293
0.16%$0.063443
10.80%$0.00000043
-2.91%$0.9995
-0.07%$0.061841
11.99%$0.676484
11.27%$0.521272
2.08%$0.997413
-0.44%$1.51
2.09%$22.81
4.48%$153.67
2.25%$0.02662364
0.66%$0.00446165
4.62%$8.53
9.19%$0.787545
2.30%$0.919511
-4.32%$44.07
0.21%$3.87
0.63%$0.00000104
2.73%$1.00
-0.28%$0.894328
0.11%$0.054391
0.63%$2,416.19
2.38%$2,414.60
2.16%$0.782764
-3.59%$2,682.72
3.08%$1.079
2.65%$0.346993
0.91%$0.725872
2.05%$0.312849
-1.15%$0.180469
-1.02%$0.03550422
2.35%$0.280185
1.01%$0.262869
-0.70%$2,584.06
2.79%$0.134524
-1.24%$59,993.00
3.31%$0.00091335
22.60%$0.171398
2.84%$0.00382311
1.56%$60,014.00
3.00%$19.57
0.75%$0.583827
-2.39%$0.344923
1.00%$0.058742
2.93%$2,543.34
2.99%$1.46
5.90%$0.00576859
4.99%$0.00163888
1.50%$24.27
1.21%$0.00419496
16.61%$2.26
-2.29%$0.41915
3.07%$0.412721
3.50%$0.282995
1.47%$2.37
3.78%$0.02817677
-0.28%$1.92
12.80%$1.06
-0.28%$40.07
2.44%$0.374093
-0.11%$76.79
3.10%$0.275288
-5.40%$0.701183
3.06%$0.00996832
2.96%$0.03584319
-3.22%$0.0136599
0.23%$0.172489
0.75%$0.02548589
0.04%$0.14711
2.25%$2.00
0.65%$1,204.28
3.06%$0.295466
3.35%$0.00430723
-0.02%$0.01747974
0.41%$0.225717
0.22%$0.0248068
6.57%$2.31
1.96%$0.098825
4.54%$0.441325
-0.48%$14.99
1.18%$6.02
1.58%$59,894.00
2.96%$1.37
2.78%$0.13573
-3.08%$0.00239452
-0.69%$0.058261
5.44%$24.23
1.19%$0.02171418
-2.95%$1.00
-0.01%$107.98
0.03%$0.00003342
4.80%$0.546422
6.51%$3.35
-0.14%$2,578.22
0.38%$0.116646
-1.21%$0.999301
-0.10%$0.608828
4.39%$2.14
-1.33%$0.076509
2.17%$0.0216092
-0.06%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.