Posted 1/3/2024, 6:33:01 PM
Bitcoin's Flash Crash Drags Down Major Crypto Gaming Tokens, Liquidates $550M
- Bitcoin's "flash crash" has dragged down crypto gaming tokens, with IMX, SAND, AXS, GALA plunging 9-13%
- The crash liquidated over $550M in crypto positions and impacted most major gaming tokens
- A few like SLP, YGG saw gains, while Oasys also escaped losses from the BTC crash
- Some hit highs recently - IMX a 20-month high last month, GALA saw 18% gains in Dec
- More gaming tokens coming - Pixels' PIXEL, PORTAL, MixMob's MXM amid continued price fluctuations