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U.S. equities rose yesterday by 1.19% as optimism over resolving the US debt ceiling impasse fueled the rally. The broader cryptocurrency market went up, with Bitcoin and Ether rising 1.41% and 0.26%, respectively, in the past 24 hours.
Today's outperformer is AXS, which surged 12% in the past 24 hours due to the blockchain’s game being available now on Apple App Store.
Launched on March 2018, Axie Infinity (AXS) was the first monster-battle game on the Ethereum blockchain backed by prominent industry players like Animoca. It now also has its own sidechain, Ronin, to reduce fees and transaction times.
Following its debut on the Apple App Store, Axie Infinity's cryptocurrency, AXS, rose by over 12%, marking its best one-day gain since January 22. Launching on the App Store will open Axie Infinity up to a new group player base, but it remains to be seen whether it is sufficient to reinvigorate the game to its former glory.
Check Out the Latest Prices, Charts, and Data of AXSUSDT!
After a governance vote in Michigan led by Blockchain, Uniswap V3 will launch on the Polkadot network via Moonbeam. Uniswap is the largest DeFi exchange with a 50.3% market share and dominates the decentralized exchange market. The offer was accepted for two main reasons, Moonbeam's high DeFi activity, and its compatibility with Ethereum Virtual Machine (EVM). It will be interesting to see how much Uniswap’s deployment on Moonbream will positively impact the overall Polkadot ecosystem.