Airdrops Boost No. Of Onchain Game Players | Key Points | Mar. 30, 2024

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Welcome to BitPinas Key Points: Easily digestible news in concise formats for easy reading. Let’s check the latest crypto news stories in the last 24 hours in the Philippines and abroad.

Crypto Price Update

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Market News

BNB coin price surpassed 620 USDT, reflecting a 5.91% daily increase
Bitcoin Cash rally continues, now up 43% in the last 7 days, the higher than any other coin in the top 20 cryptocurrencies by market capitalization.
Dogwifhat (WIF) is now the third largest memecoin by market capitalization, eclipsing PEPE. Only Dogecoin and Shiba Inu are higher, both in the top 20.

Feature News: More people have started playing onchain games due to airdrops

The number of daily active wallets connected to blockchain games increased by 20% in February, driven by the popularity of play-to-airdrop campaigns and rising crypto gaming token prices, according to a report from DappRadar and the Blockchain Game Alliance.
Play-to-airdrop campaigns, offering potential token rewards for gameplay, along with climbing prices for crypto gaming tokens, contributed to a significant boost in daily blockchain game interactions, reaching 1.9 million wallets in February.
The report highlighted the continued influence of the play-to-airdrop trend in attracting more players to blockchain gaming, amidst a broader market uplift as Bitcoin prices soared to new highs.

We have published our February 2024 Gaming Report!

The current landscape in blockchain gaming is brighter than ever. As the crypto market strengthens and Web3 gaming reaches new milestones, the industry is capturing global attention. This evolving scene signals a promising and… pic.twitter.com/AXiAAtPEUQ

— DappRadar Insights (@InsightsByDR) March 14, 2024

Regulation

A UK judge froze Craig Wright’s assets to prevent him from avoiding court costs.
Yesterday, we reported that Sam Bankman-Fried was sentenced to 25 years in prison.

Industry News

The Solana Foundation is exploring ways to filter out offensive meme coins.
Increased meme coin activity is driving a rise in base blockchain transactions.
Ethena’s pre-launch futures token saw a 22% price increase.

Onchain Games

Local News

ICP Hub online hackathon this April.
Blockchain Campus Conference announced.

Upcoming: CryptoPH Conversations Waitlist

Guest list for the upcoming CryptoPH Conversations is now full. But waitlist is still open. On Monday, the event will announce the second key guest of the meetup.

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