VOXEL, SLP and ALICE rally after protocol updates and a major exchange listing

Crypto markets are taking a beating however there are nonetheless a number of standout performers even throughout this week’s volatility.

One sector that has managed to rise above the noise are NFT-related altcoins and GameFi tokens.

Knowledge from Cointelegraph Markets Pro and CoinMarket Cap exhibits that three notable gainers over the previous 48-hours have been Voxies (VOXEL), Easy Love Potion (SLP) and MyNeighborAlice (ALICE).

Voxie Ways launches its market

VOXEL is the native utility forex of Voxie Ways, a free-to-play, three-dimensional, role-playing recreation that mixes the basic look of the favored tactical video games of the Nineties and 2000s with trendy recreation mechanics.

Knowledge from TradingView exhibits that after hitting a low of $0.90 on Feb. 22, VOXEL worth spiked 65.6% to a every day excessive of $1.50 on Feb. 23 amid a 688% enhance in its 24-hour buying and selling quantity.

The flip of fortune for VOXEL comes because the protocol introduced the Feb. 26 launch of the Voxie Ways market which can enable customers collaborating within the recreation’s beta launch to purchase or promote gadgets for gameplay.

Easy Love Potion turns into extra scarce

Easy Love Potion is the in-game forex gamers earn whereas taking part in Axie Infinity that can be utilized to breed new Axies.

VORTECS™ knowledge from Cointelegraph Markets Pro started to detect a bullish outlook for SLP on Feb. 22, previous to the latest worth rise.

The VORTECS™ Rating, unique to Cointelegraph, is an algorithmic comparability of historic and present market situations derived from a mixture of knowledge factors together with market sentiment, buying and selling quantity, latest worth actions and Twitter exercise.

As seen within the chart above, the VORTECS™ Rating for SLP climbed into the inexperienced on Feb. 20 and reached a excessive of 81 round 23 hours earlier than the value elevated 38% over the subsequent day.

The worth turnaround for SLP comes amid a revamp of the tokenomics for the Axie Infinity ecosystem that features a lower within the fee of emission of SLP which can scale back the variety of SLP minted every day by 175 million SLP.

Associated: AXS, RON and SLP surge after Axie Infinity developers revamp the project’s tokenomics

ALICE lists at Coinbase

MyNeighborAlice is a farming-themed play-to-earn builder recreation with built-in decentralized finance options that operates on the Chromia community.

Knowledge from Cointelegraph Markets Pro and TradingView exhibits that the value of ALICE rallied 35% from a low of $6.11 on Feb. 22 to a every day excessive at $8.25 on Feb. 23.

The sudden spike in worth and buying and selling quantity for ALICE adopted an announcement from top-ranked U.S.-based cryptocurrency alternate Coinbase that it will be including buying and selling assist for ALICE starting Feb. 24.

The general cryptocurrency market cap now stands at $1.713 trillion and Bitcoin’s dominance fee is 41.7%.

The views and opinions expressed listed here are solely these of the creator and don’t essentially mirror the views of Cointelegraph.com. Each funding and buying and selling transfer includes threat, you must conduct your individual analysis when making a call.