Volatile Trends in Crypto Gaming - Meme Coins Crash and Rebound as Investors Pour Millions into Blockchain Games
• GameStop meme coin GME explodes on Solana, then crashes 50%+ before rebounding again in classic meme coin fashion
• Pixelmon raises $8M, upgrades art, and builds out a real gaming ecosystem ahead of a MON token launch, 2 years after its NFT artwork was mocked
• Shrapnel launches early access on Epic Games Store for extraction shooter built on Avalanche, with chances to earn SHRAP token rewards
• Binance Labs calls out SkyArk Chronicles studio for misrepresenting its investment in the fantasy game that raised $115M in NFT auction bids
• The zkEVM layer-2 network Immutable X launched in early access mode as games like Guild of Guardians, Shardbound, and MetalCore plan moves to the chain