The price of gaming token WEMIX has increased by almost 268% in just two weeks, jumping from $1.27 to $4.70, whereas the trading volume of the asset has also grown to above $600 million mark. The coin is currently trading at $4.41.
The most important thing to consider about this increase is that it has coincided with a general market fall.
The coin belongs to the Klaytn project, which aims to make a real revolution in the blockchain gaming market (GameFi).
According to Cointelegraph, the growth of the token could be the result of the conclusion of new partnerships by the Klaytn project, the update of the project’s main network and the promise to issue its own stablecoin.
The launch of the new network, dubbed WEMIX 3.0, is scheduled for June 15. The WEMIX dollar will become the main currency of the ecosystem.