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Avalanche (AVAX) Surged 10% in 24 Hours, Surpassing Tron (TRX) by Market Cap. Meanwhile, Experts Highlight Minotaurus (MTAUR) as a Top GameFi Token.

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2024-07-30 06:31:26910browse

Avalanche (AVAX) went up 10% in 24 hours. It even outshined Tron (TRX) by market cap. Meanwhile, experts refer to Minotaurus (MTAUR) as a top GameFi token.

Avalanche (AVAX) Surged 10% in 24 Hours, Surpassing Tron (TRX) by Market Cap. Meanwhile, Experts Highlight Minotaurus (MTAUR) as a Top GameFi Token.

Avalanche (AVAX) price rose 10% in 24 hours, outperforming Tron (TRX) in the market cap ranking, while experts single out Minotaurus (MTAUR) as a top GameFi token.

Avalanche (AVAX) price went up 10% in 24 hours. It even outshined Tron (TRX) in the world’s top coins list by market capitalization. Meanwhile, several experts are highlighting Minotaurus (MTAUR) as one of the best GameFi tokens to buy now and in 2024. Here's a closer look at both crypto projects.

Avalanche Outperforms Tron in Ranking

Avalanche (AVAX) has been grabbing attention in recent times. The latest buzz is about a 10% price increase in a single day, bringing the price to $31.94 per AVAX token, which it maintained for a while. Notably, Avalanche (AVAX) price also saw a 17% increase weekly. Together with the price pump, Avalanche (AVAX) rose in market cap, reaching $12.6 billion.

As a result, there was a shift in the top 20 coins ranking, where Avalanche (AVAX) appeared higher than Tron (TRX).

Since then, Avalanche (AVAX) price experienced some correction. At the time of writing, it trades at $27.43 per coin. Consequentially, the market cap also rolled back to $10.8 billion.

Despite this pullback, analysts are still bullish on Avalanche (AVAX) as the ecosystem continues to see updates and unique features, tackling common bottlenecks that blockchains face, such as speed and scalability.

On-chain data also speaks of positive sentiment, as transaction volume saw a 15.10% increase over the last 24 hours, indicating high market activity.

Active and new addresses on the Avalanche (AVAX) network are also on the rise, suggesting greater adoption within the community. For many, Avalanche (AVAX) is a go-to platform for DeFi and dApp development, thanks to its capabilities for handling a wide range of use cases.

The recent price drop might be temporary, considering Avalanche (AVAX) has strong fundamentals, including technological advancements and continuous improvements. As per experts, the best for Avalanche (AVAX) is yet to come.

Recent Dynamics in GameFi: Is Minotaurus A Coin To Buy?

While Avalanche (AVAX) is certainly a high-potential pick, there are other promising opportunities, especially in the GameFi sector.

GameFi projects combine gaming and decentralized finance, allowing users to enjoy their favorite pastime while exploring the possibilities of crypto. Every day, new projects of this type enter the market, leading to some saturation.

However, finding a project with lasting utility can be a challenge, but new entrants like Minotaurus (MTAUR) might have what it takes to stand out.

At the heart of Minotaurus (MTAUR) is a blockchain-powered game where users navigate an endless maze, completing challenging levels. The storyline draws inspiration from Greek mythology, particularly the legendary Minotaurus, and the hyper-casual game mechanics are a response to market demands. According to SensorTower, mobile app stores saw over 5.9 billion installations of such games in 2023.

The ecosystem is powered by the MTAUR token, which can be exchanged for virtual currency within the game, enabling users to make in-game purchases, such as customization options, power-ups, and additional levels.

Chances are, the crypto market is going to be bullish again in 2024 and beyond. Avalanche (AVAX) looks like a solid pick. However, its upward momentum has slowed down recently. Minotaurus (MTAUR) is a new contender, and its potential is yet to be discovered.

As of writing, early participants can secure MTAUR at $0.000048 per coin. Given the projected $0.0002 listing price, early-bird savings could reach 76%.

In addition, there are extra incentives for early buyers. Presale participants can get referral benefits for bringing friends to the project. Those who extend vesting during the purchase can get extra MTAUR tokens as a bonus.

For more information, visit the official website or follow the project on Telegram and the X.

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