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Web3 Gaming Token Prices Witnessed Triple-Digit Growth in January 2023

Web3 crypto gaming project tokens registered triple-digit growth on average in January 2023. This lends confidence and support for some new and perhaps undervalued projects in the sector.

The 2023 crypto gaming report highlights several key trends in the industry. The report notes that the growth of non-fungible tokens (NFTs) has been one of the biggest drivers of the crypto gaming market.

Keeping that in mind, gaming tokens with the highest market capitalization have recorded an average price increase of more than 100% in January alone. Notably, the combined average price gains of the top 10 gaming tokens by market cap in January amounted to 102%.

(By Shubham Pandey)

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