Over the past week, cryptocurrency tokens linked to popular games and gaming networks within the Ethereum ecosystem have seen notable double-digit percentage increases. Top performances on the market include Immutable (IMX), Ronin (RON), and Illuvium (ILV). Over the last week, the price of Illuvium, an upcoming NFT game that runs on Immutable X, increased by 86%, and it is currently above $95. Over the last month, the token’s price has increased by 141%, more than doubling. The announcement by Illuvium’s developers of the game’s publication on the Epic Games Store and the upcoming beta test later this month was largely responsible for this surge.
The value of Immutable’s own token, IMX, has also increased dramatically; it has increased by 50% this week and is currently trading at $1.04 per token. In the last month, IMX’s price has increased by almost 103%, doubling in value. The Ethereum scaling network with a focus on gaming has announced a number of new initiatives, including a collaboration with Ubisoft, the company behind Assassin’s Creed. The value of RON, the token of Ronin, has increased by 53% this week to $0.78, and by 88% over the previous month. The recent release of Pixels, another play-to-earn game, has led to an increase in the number of active users on the Ethereum sidechain, which is best known for hosting Axie Infinity.