Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

FIFA Partners with Avalanche to Launch the Unique Layer 1

May 23, 2025

Genius Group resumes Bitcoin buying after US court ruling

May 23, 2025

Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

May 23, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Genius Group resumes Bitcoin buying after US court ruling

    May 23, 2025

    Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

    May 23, 2025

    Approval of the U.S. Stablecoin Bill Could Trigger a Long-Term Crypto Bull Market: Bitwise

    May 23, 2025

    qBTC to Release Open-Source Quantum-Safe PoW Bitcoin Side Chain, Adds Jameson Lopp as Advisor

    May 23, 2025

    Genius Group resumes Bitcoin buying after US court ruling

    May 23, 2025

    Bitcoin buyer dominance at $111K suggests ‘another wave’ of gains

    May 23, 2025

    ‘Things Are About To Get Silly’: Analyst Says Bitcoin on Cusp of Most Aggressive Expansion Since Inception

    May 23, 2025

    Bitcoin open interest hits record high as BTC slips below $111K

    May 23, 2025

    Bitcoin Primed To Go Higher Faster Than Expected, Says Analyst Michaël van de Poppe – Here Are His Targets

    May 22, 2025

    Whale buys back ETH holdings after missing $2.6M gain

    May 22, 2025

    Ethereum holders back in profit as ETH price enters ‘crucial area’ for $3K breakout

    May 21, 2025

    Arthur Hayes Gives Portfolio Update, Says ‘Nasty Correction’ Could Be Approaching This Year for Crypto

    May 21, 2025

    XRP price fails to respond to two extremely bullish developments — Here is why

    May 22, 2025

    Solana price fractal targets rally to $260, but one thing must happen first — Analysts

    May 22, 2025

    Crypto Trader Says Bitcoin Has Entered Price Discovery, Updates Outlook on Ethereum, Solana and Dogecoin

    May 22, 2025

    XRP futures OI rises 25% as price chart ‘bull flag’ targets $14

    May 22, 2025

    FIFA Partners with Avalanche to Launch the Unique Layer 1

    May 23, 2025

    Genius Group resumes Bitcoin buying after US court ruling

    May 23, 2025

    Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

    May 23, 2025

    Approval of the U.S. Stablecoin Bill Could Trigger a Long-Term Crypto Bull Market: Bitwise

    May 23, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Bitcoin Hits All Time Highs AGAIN… Here’s What’s Next

    May 22, 2025

    Discover Crypto, Bitcoin & Altcoin News

    May 22, 2025

    SUI WAS HACKED FOR $200 MILLION!!

    May 22, 2025

    Bitcoin PUMPING! We Predicted It PERFECTLY!

    May 22, 2025

    BITCOIN to $200K?! (BEST Altcoins to Buy NOW!)

    May 22, 2025
ApeWatcher News
Home » Blockchain Gaming Platform Surges by 37% This Week Amid Upcoming Hard Fork and Token Burn
Blockchain Gaming Platform Surges by 37% This Week Amid Upcoming Hard Fork and Token Burn
News

Blockchain Gaming Platform Surges by 37% This Week Amid Upcoming Hard Fork and Token Burn

The Daily HodlBy The Daily HodlJune 30, 20240 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

A blockchain platform focused on gaming defied a sideways crypto market and rallied by 37% this week amid an upcoming hard fork and token burn.

WEMIX  is a crypto project that bills itself as an “experience-based, platform-driven, and service-oriented mega-ecosystem.”

More than 580,000 people use its blockchain game platform, WEMIX Play.

The project’s native token is trading at $1.37 at time of writing, up from $1.01 seven days ago.

WEMIX witnessed gains as users look forward to the “Brioche Hard Fork,” which will overhaul the project’s tokenomics. The hard fork is slated for July 1st.

Explains WEMIX,

“This pivotal milestone will introduce a revised minting rule, reducing the issuance of WEMIX per block through 16 updates. This change aims to enhance the value and growth of WEMIX, marking the first step towards mutual growth with the community.

Secondly, WEMIX will unveil an enhanced WEMIX PLAY, where ecosystem performance directly impacts tokenomics. Notably, the objective is to ensure that the revenue growth driven by expanding games directly influences the WEMIX ecosystem.”

The WEMIX foundation also says it plans to burn approximately 435 million WEMIX tokens held in reserve.

“The burning of the foundation reserves will decrease the available supply, transitioning WEMIX from a foundation-driven ecosystem to a community-driven one. This shift fosters a community-friendly tokenomics model that promotes mutual growth.”

Despite the gains this week, WEMIX still remains more than 94% down from its all-time high of $24.71, which it hit back in November 2021, according to CoinGecko.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Follow us on X, Facebook and Telegram

Generated Image: Midjourney



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Genius Group resumes Bitcoin buying after US court ruling

May 23, 2025

Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

May 23, 2025

Approval of the U.S. Stablecoin Bill Could Trigger a Long-Term Crypto Bull Market: Bitwise

May 23, 2025

qBTC to Release Open-Source Quantum-Safe PoW Bitcoin Side Chain, Adds Jameson Lopp as Advisor

May 23, 2025

HYPE Token Price Surges as Hyperliquid Engages With CFTC on 24/7 Crypto Trading

May 23, 2025

R3 and Solana Foundation Unite to Bridge TradFi and DeFi via Strategic Collaboration

May 23, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

FIFA Partners with Avalanche to Launch the Unique Layer 1

May 23, 2025

Genius Group resumes Bitcoin buying after US court ruling

May 23, 2025

Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

May 23, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.