Discover more from Decentralized Weekly by Tegro
y00ts On The Move Again!? 🧳✈
Hello Tigers 👋
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📊 Market Watch
24-hour top collections sorted by trade volume. (Source: x.tegro.com)
🔍 Token Highlight
STEPN (GMT) is a play-to-earn game with a fitness app to create a new category coined “move-to-earn.” Users buy NFT sneakers, which they can use to earn in-game currency while walking, running, or jogging.
Volatility Expected: Medium
Overall Market Sentiment: In a broader cryptocurrency market rally, the price of GMT (STEPN) has formed a double bottom at $0.179 region.
Bear Case: It's forming Lower Lows and Lower Highs, leading to a continuous bearish trend if it breaks the $0.179 support region.
Bull Case: As per the chart patterns and double bottom, the price may reach the next resistance zone at $0.25.
Note: In a bullish case, placing a tight stop-loss would be required considering the volatile situation.
For more technical analysis and trading alphas, join the Telegram group 👇
🌪️ y00ts on the move... AGAIN! 🚀 From Solana's crown jewel 🏆 to Polygon's star player at the start of 2023 🌟, and now migrating again to the grand stage on Ethereum! 🌐💡 But that's not all – they're playing fair and square, returning a cool $3 million grant 💰 back to Polygon!
🐧💥 BOOM! Pudgy Penguins did it again! 🚀 Their fresh drop: "Left-facing" collection, inspired by the iconic Pudgy Penguin #6973 🌟, hit the shelves with just 150 units... and vanished in a flash! ⚡
🔥 Hold onto your hats, DeGods fans! 🎩 Season 3 just burst onto the scene on August 13! 📅 Not just with its usual flair, but with a fresh art “downgrade” twist 🎨⬇️ and a trailblazing ad-based business model: Points Parlor! 🌟💼
🎮 Web3 Gaming
🎮🚀 Zynga just rolled out Sugartown 🍭🏙️, their FIRST Web3 game! 🔗✨ Launching Sugartown on the Ethereum network, Zynga becomes the first major mobile game developer 📱🔝 to craft a Web3 game from the ground up!
🎨🔐 Pixel Vault has successfully acquired Wolf Game! 🐺🎲 The Shepherd 🐑 and the entire Wolf Game squad are gearing up for a massive migration 🌍➡️ to the Reboot Protocol! 🔄💡
🌐🎮 Immutable announced that they’re unlocking 🗝️ the doors to public testing for their BRAND NEW layer-2 blockchain: Immutable zkEVM! 🔗✨ The ZK rollup is built using Polygon’s scaling technology.
🎬 And that's a wrap on this week's digest! Stay tuned, and we'll meet in the next one! 📅 Until then, take care, and stay well! 👋💫