Gaming Tokens Soar as Airdrops and Staking Rewards Drive Crypto Rebound

• Portal (PORTAL) token launched in February with hype thanks to airdrop campaigns, reaching peak market cap of $561.6 million

• Pixels (PIXEL) token for popular crypto game reached peak market cap of $531 million in under a day after late February launch

• Xai (XAI) gaming network token had hot start after airdrop to node operators and NFT holders, peaking at over 2x initial price

• Heroes of Mavia (MAVIA) airdropped tokens to early players of new mobile game, token peaked at over 5x opening price before shedding 40%

• Gaming tokens among hottest launches in 2024 crypto rebound thanks to staking rewards and airdrops building momentum