Cryptocurrency Market Rebounds: A Look at GameFi Trends

With the recent BTC halving over the weekend, the overall cryptocurrency market has seen a rebound, and the GameFi sector is no exception, with several tokens experiencing significant price increases. Meanwhile, several popular blockchain games have also announced their latest developments, perhaps indicating the arrival of spring for GameFi.

Secondary Market Performance of Blockchain Games

According to Coingecko data, the Gaming (GameFi) sector saw a 6.7% increase in the past week. The current total market capitalization stands at $22,679,342,039, ranking 21st in sectoral standings, down one place from the previous week. In the past week, there have been 455 tokens in the GameFi sector, ranking fifth in the sector, following DeFi, NFT, Meme, and Finance/Banking sectors.

Among the released Gaming projects, 55 have shown positive price changes, with 9 experiencing increases of over 10%. Leading the gains is METAL with a 24.9% increase. Additionally, several other notable projects include:

• XANA’s token XETA surpassed $0.013, with a 22.6% increase over the past 7 days and a current price of $0.0138.
• Gods Unchained’s token GODS broke $0.25, with an 18.8% increase over the past 7 days and a current price of $0.256.
• MAVIA saw an 18.3% increase over the past 7 days, with a current price of $3.83.
• GALA had an 8.9% increase, with a current price of $0.05.
• DERC had a 7.1% increase, with a current price of $0.267.
• PIXEL had a 7.1% increase, with a current price of $0.499.
• TLM had a 7.0% increase, with a current price of $0.0177.
• ALICE had a 6.4% increase, with a current price of $1.38.

In terms of NFTs in blockchain games, according to NFT Price Floor data, the floor price of gaming NFTs increased by 3.10% in the past 7 days, ranking fourth in the sector. Excluding projects with a trading volume of less than 50 ETH, the game NFT with the largest increase in the past 7 days is Age of Dino, with a 34.17% increase and a current floor price of 0.74 ETH, with a trading volume of 97.86 ETH in the past 7 days. Additionally, My Pet Hooligan saw a trading volume of 302.03 ETH in the past 7 days, with a 23.32% increase and a current floor price of 0.937 ETH.

Updates on Notable Games

Illuvium

Website: https://illuvium.io/

Description: Illuvium is an RPG and NFT game built on Ethereum, where players capture beasts through monster hunting and forge them into NFTs to sell on the market.

Latest Update: Web3 metaverse game Illuvium announced its upcoming token airdrop event. The airdrop season will offer a total of 250,000 ILV tokens, approximately $25 million. Of these, 50,000 ILV will be allocated for loyalty airdrops, while the remaining 200,000 ILV will be distributed through a 6-month Play to Airdrop event. The Play to Airdrop event requires users to participate and interact as much as possible in Illuvium’s four games, including arena battles, virtual world exploration, land development, and NFT collection trading. The first batch of 20,000 ILV will be distributed during the Beta testnet phase, with Private Beta 4 (PB 4) opening on April 30 and public Beta testnet opening on May 28. The remaining 180,000 ILV will be distributed over 5 months after the official launch of the public Beta.

My Neighbor Alice

Website: https://www.myneighboralice.com/

Description: My Neighbor Alice is a multiplayer blockchain building game where players can buy and own virtual islands, collect and build items, and make new friends.

Latest Update: On April 16, blockchain game My Neighbor Alice announced the launch of Beta Season 1. The core of Beta Season 1 includes two main features integrated into the game economy: the Emote System and Trading System. The former is a new interactive layer designed to enrich gameplay and enhance connections and sharing experiences among players, while the latter allows players to buy and sell resources through storefronts, further activating the game economy.

Lumiterra

Website: https://lumiterra.net/

Description: Lumiterra is a multiplayer online open-world adventure game where players can battle, plant crops, capture monsters, craft different equipment and weapons, and explore new things. Lumiterra integrates DeFi users, GameFi users (gold farmers), and gamers into a coexisting system, where each type of user can pursue their needs. By satisfying these needs and the overall commodity economic mechanism in the game, Lumiterra has built a healthy economic system composed of three enhanced flywheels.

Latest Update: On April 17, blockchain game Lumiterra announced that the mainnet Beta 2 version is now live on the X platform.

Pixels

Website: https://play.pixels.xyz/

Description: An interoperable and money-making agricultural simulation game in a virtual world.

Latest Update: On April 20, Pixels founder Luke announced on the X platform that the task board token prize pool in the game has been adjusted. VIP users and landowners will have the opportunity to get more Pixel tasks on the task board. Currently, the task board is divided into two pools: one for VIP users and landowners and the other for free users. The task board will continue to refine the daily token prize pool allocation in the future.

Other Noteworthy Developments in the Blockchain Gaming Sector

Portal

Website: https://www.portalgaming.com/

Description: Portal is a blockchain gaming platform that plans to launch Portal Wallet and Companion App, with the former providing seamless services for Web3 without the need for mnemonic phrases or private keys, while the latter includes features such as game browsing, recommendations, and trading functions.

Latest Update: On April 19, cross-chain gaming platform Portal announced that its upcoming exploration platform will feature games of various types, devices, and languages. Previously, Portal launched the SOMO Launchpad project, allowing users to earn points to level up and gain corresponding access rights.

Palio

Website: https://xter.io/activities/palio

Description: Palio is a project on the Xterio platform, a blockchain game publisher. The project’s mission is to create an “emotion engine” that injects life into non-playable characters (NPCs), making AI interactions in player adventures feel more human and engaging.

Latest Update: On April 22, Palio announced via BNB staking that Palio Aura Mint qualification will be available, with a minimum BNB stake of 0.3 to a maximum of 1.5 BNB. Additionally, this week marks the final week of the Meet Your Anima event.

Notcoin

Website: notcoin_bot.t.me

Description: Notcoin is a freeand easy-to-use Telegram game where players earn coins by tapping on their phone screens.

Latest Update: Recent announcements on the X platform revealed the tokenomics model: NOT total supply is 102,719,221,714 coins, with 78% (80,219,221,714 NOT) allocated to miners and Voucher holders and 22% (22,500,000,000 NOT) allocated to future new users, traders, and onboarding activities.

Pixelvers

Website: https://pixelverse.xyz/

Description: Pixelverse is a battle game based on the Chainwire Quest, where players fight, create, and earn money in the cyberpunk world of Xenon created by artificial intelligence.

Latest Update: On April 19, Pixelverse announced a partnership with Pixelmon’s Web3 release protocol, Mon Protocol, and launched the Play to Airdrop event. Participants will have the opportunity to accumulate points through various in-game actions, such as inviting friends, team battles, and participating in trades. At the end of this June, Pixelverse will distribute a total of 1,000 PIXFI tokens based on the activity and participation of community members.