Gaming Tokens GALA, Axie Infinity, and ApeCoin Post Huge Gains

Speculation over a potential approval of a Bitcoin spot exchange-traded fund (ETF) has apparently propelled the wider crypto market upward over the past week—but several gaming and metaverse tokens have seen some of the largest gains amongst major cryptocurrencies, rebounding to claim sizable double-digit percentage boosts over the past week.

GALA, the token of the Gala Games ecosystem, has been the biggest gainer amongst major gaming tokens over the past week, rising 42% to a current price of $0.02 per token according to CoinGecko.

Another big winner in the gaming space over the past seven days is AXS, the governance token of play-to-earn monster-battling game, Axie Infinity. AXS has jumped 28% over the past week to a current price of $5.76, as of this writing, and nearly touched $6.00 earlier Monday. Like GALA, it hit the highest price since mid-August.

And stemming months of steady decline, ApeCoin (APE)—the Ethereum-based token of the Bored Ape Yacht Club ecosystem—is up about 20% over the past week to a current price of $1.36.

MANA, the token of the Decentraland metaverse game, popped 21% this week to a current price above $0.37.