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The Potential for GameFi Crypto to Surge with the Release of the Latest GTA Game

The Potential for GameFi Crypto to Surge with the Release of the Latest GTA Game

Rockstar Games to Unveil New GTA Game with Possible Crypto Integration

Rockstar Games recently announced that it would release the trailer for the highly anticipated new installment in the Grand Theft Auto (GTA) series. The upcoming game, which follows the 2013 release of GTA V, has fans buzzing with excitement over the possibility of crypto integration.

Will GTA Incorporate Crypto Rewards?

In celebration of its 25th anniversary, Rockstar Games revealed plans to debut the first trailer for the next GTA game. This news has ignited speculation within the crypto community, with rumors circulating about potential crypto rewards in GTA VI.

A tweet from Alex Wacy suggested that if these rumors are true, it could lead to significant growth in Web3 Gaming by early 2024.

Ethereum-based AAA game Illuvium recently announced its release on the Epic Games store, resulting in a 17% surge in its native token, ILV.

Hot Take: Positive Outlook for GameFi

Despite recent ups and downs, the GameFi market is showing signs of recovery. For instance, Axie Infinity’s token AXS has seen a nearly 50% increase in price since mid-October. Moreover, active wallets for Axie Infinity reached a 100-day peak in late October.

Top performing gaming coins. Source: CoinGecko

Overall, the GameFi sector appears to be bouncing back from earlier struggles and is poised for future growth.

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The Potential for GameFi Crypto to Surge with the Release of the Latest GTA Game