Is GameFi making a comeback? The Sandbox (SAND) and Gala Games (GALA) are flipping bullish, with SAND price up +56% week-on-week.
In this article, jump into the latest GameFi price trends, and uncover whether there could be hotter opportunities in the meme coin market.
The GameFi sector is thriving, with the combined market cap of all crypto gaming tokens climbing +6.2% to $33.1 billion. Meanwhile, 24-hour trading volumes across the sector have surged to $12.9 billion.
SAND Price Analysis: The Sandbox Crypto Cements Reclaimed Historical Support
Amid the hype for GameFi tokens, market-leading The Sandbox has been on the march, with a major push of +56% over the past week, leaving the token trading above historic support levels at $0.90.
At press time, SAND is currently trading at a market price of $0.92 (representing a 24-hour change of -0.6%).
This comes after a seismic candle Yesterday saw SAND price erupt +40% in a first major resistance test of the $1 mark, that ultimately topped out at $1.06.
Ongoing price action reflects this high octane move, with price action Today in consolidation as SAND holders cement the freshly reclaimed historical support level.
The move up has been powered by a bullish golden cross between the 20DMA and 200DMA, and the subsequent rally has been propelled by localized support from an ascendant 20DMA (now at $0.57).
This close moving average support has provided the platform for the SAND price’s cup-handle breakout pattern over the last week, leaving SAND crypto in remarkably bullish form.
Yet, further consolidation and potentially a retracement to the 20DMA likely dominate the week ahead for The Sandbox crypto, with the RSI over-heated by the recent move at 80.
GALA Price Analysis: Gala Games Pushes Up Amid Sector Growth
As the GameFi sector shifts into gear, Gala Games is pushing up, and it comes as no surprise as the project has leaped from strength to strength in recent months—from major Gala chain integrations to the release of Gala’s first movie, Today.
Amid the ecosystem expansion, GALA is currently trading at a market price of $0.06 (representing a 24-hour change of -0.05%).
The minor localized retracement comes after GALA price mounted a whopping 3 consecutive days of big green candles that ultimately saw price jump +64%, bringing GALA’s Month-on-Month gain to +245% (a better hodl than PEPE in this period!).
Yet, with the RSI indicator now red hot at 83, it seems consolidation or retracement down to lower support at $0.05 could be on the cards.
But fear not holders, as such a move is backed by the bedrock support of the ascending RSI (which is currently at $0.39), fresh off the bat of a ‘golden cross’ pattern on November 23.
Uncover Wall Street Pepe: New Meme Coin WEPE Surges To Near $1M Raised in First 24-Hours
The meme coin sector is ripe for a shake-up, and a freshly launched presale for up-and-coming token Wall Street Pepe is capturing the attention of smart money investors – as it surges toward $1M raised in its first 24 hours.
Developers behind the project seem to be taking aim at the rising trend of insider whale groups, which dominate the meme coins you hear about most days – and prevent normal retail investors from capturing true moon-shot profits.
WEPE promises to be different, enabling any investor of any size to participate in the pre-market launch of this rapidly growing project, with the rallying call “Wall Street Pepe hates that whales are hiding in insider groups. So he decided to make his own. Frogs strong together!”.
The meme coin is centered around a multi-chapter story – something Book of Memes never truly capitalized on, and the message clearly strikes a chord with the market, as more than $830K has surged into this skyrocketing project, and it’s only day 1.
But What Exactly is Wall Street Pepe? Why Is It Special?
At the heart of Wall Street Pepe is the opportunity to join a real WAGMI community that is grass-roots in membership and could supercharge your information access in the 2025 bull run.
No longer an outsider to KOL groups, the WEPE token is your ticket to enter the space’s hottest community insider call group – giving you unparalleled market access and insights from industry professionals.
This equips you with a like-minded and hungry group of fellow degens with whom to hunt low-cap gems. It also provides market-beating trading insights and mad 100x degen picks for WEPE plays – not poxy 40% gains on The Sandbox.
Join the $WEPE Army community via X and Telegram.
Check Out Wall Street Pepe
The post The Sandbox and GALA Are Climbing Fast – Is This the Last Chance Before ATH? appeared first on Cryptonews.
