{"id":37285,"date":"2022-12-06T09:50:17","date_gmt":"2022-12-06T09:50:17","guid":{"rendered":"http:\/\/egrowonline.com\/?p=37285"},"modified":"2022-12-06T09:50:17","modified_gmt":"2022-12-06T09:50:17","slug":"gaming-based-crypto-rallies-20-as-bitcoin-ethereum-and-dogecoin-remain-muted-by-benzinga","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=37285","title":{"rendered":"Gaming-Based Crypto Rallies 20% As Bitcoin, Ethereum, And Dogecoin Remain Muted By Benzinga"},"content":{"rendered":"


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\n\"Gaming-Based
\n\u00a9 Reuters Gaming-Based Crypto Rallies 20% As Bitcoin, Ethereum, And Dogecoin Remain Muted<\/span>
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Benzinga – AXS <\/strong>(CRYPTO: AXS), the native token behind ,<\/strong> has rallied over 20%, as the play-to-earn blockchain platform declares decentralization of the project.<\/p>\n

What Happened:<\/strong> Axie said on Monday that a group of over 700 influential community members have come together to shape the future of Axie Infinity.<\/p>\n

At the time of writing, AXS was trading at $8.36, making it the 50th largest cryptocurrency with a market cap of nearly $812 million, as per CoinMarketCap.<\/p>\n

See More: Best Crypto Apps<\/p>\n

The team in a blog post declared that they are striving to reach a situation where “invested” community participants have the ability to decide how to resource the Axie Infinity ecosystem. <\/p>\n

The Lunacian: Axie Contributor Initiative Kickoff! https:\/\/t.co\/Yjs9njT5Rv<\/p>\n

\u2014 Axie Infinity | #AxieOrigins (@AxieInfinity) December 5, 2022<\/p>\n<\/blockquote>\n

The project is still in the early stages of decentralization. \u201cAs progress is made on the decentralization continuum, actions like council formation, resource allocation, on-chain voting, and treasury activation will be unlocked,\u201d the blog post said.<\/p>\n

The primary aim is to entrust the collective to foster self-governance. Therefore, a team of core community members of Axie Infinity, the “town builders,” was created in May.<\/p>\n

Price Action:<\/strong> Apex crypto <\/strong>(CRYPTO: BTC) traded lower on Monday evening at $17,043.42, down $1.19%. <\/strong>(CRYPTO: ETH) was at $1,265, down 1.11% and <\/strong>(CRYPTO: DOGE) was down by 2% in the past 24 hours.<\/p>\n

Read Next: <\/strong>Bitcoin, Ethereum, Dogecoin Struggle With Rate-Hike Anxiety: Analyst Says Crypto Relief Rally ‘Isn’t Over’<\/p>\n

\n\u00a9 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/i><\/p>\n

Read the original article on Benzinga<\/a><\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters Gaming-Based Crypto Rallies 20% As Bitcoin, Ethereum, And Dogecoin Remain Muted Benzinga – AXS (CRYPTO: AXS), the native token behind , has rallied over 20%, as the play-to-earn blockchain platform declares decentralization of the project. What Happened: Axie said on Monday that a group of over 700 influential community members have come together […]<\/p>\n","protected":false},"author":1,"featured_media":4502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[4726,50,62,85,158,12687,12394,641,256],"class_list":["post-37285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-benzinga","tag-bitcoin","tag-crypto","tag-dogecoin","tag-ethereum","tag-gamingbased","tag-muted","tag-rallies","tag-remain"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/Ethereum_800x533_L_1637103966.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/37285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37285"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/37285\/revisions"}],"predecessor-version":[{"id":37286,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/37285\/revisions\/37286"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/4502"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37285"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}