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With basic crypto sentiment rising, the visibility of gaming tasks, lots of that are efficiently launching tokens, is driving up sector exercise.
One notable venture is Pixels, which since launching on the Ronin blockchain in November 2023 has continued to develop its viewers due to initiatives akin to its play-to-airdrop occasion and collaborations with the likes of Mocaverse and, extra lately, Yield Guild Gaming.
Certainly, in keeping with open data, Pixels has now damaged the 2 million barrier when it comes to lifetime wallets on Ronin, attracting round 625,000 every day lively distinctive wallets, according to DappRadar.
![](https://www.blockchaingamer.biz/wp-content/uploads/2024/03/pixels-2-million.png)
And, extra usually, your entire blockchain gaming sector can be hitting all-time highs when it comes to exercise.
In fact, exercise when it comes to wallets isn’t at all times a very good measure of precise human exercise. In conditions the place video games are freely giving tokens for exercise, there’s a robust temptation for individuals to arrange automated bot wallets to attempt to maximize their rewards.
However, the sector pattern seems to be strongly up, as this graph from Joel John’s Decentralised Substack demonstrates.
![](https://www.blockchaingamer.biz/wp-content/uploads/2024/03/blockchain-gaming-march-2024-1024x766.png)
As for different measures of information, the market cap of the highest 33 blockchain gaming ecosystem tokens (these price greater than $100 million) is now $20 billion, with Immutable’s IMX token essentially the most beneficial with a market cap of $4.4 billion.
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