Daily Top Performer — MagicCraft (MCRT)
U.S. equities rose yesterday by 0.94% as the rally was primarily driven by optimism about the US raising its debt ceiling, thus avoiding a potential default. The broader cryptocurrency market went down, with Bitcoin and Ether dropping 2.19% and 1.61%, respectively, in the past 24 hours.
Today's outperformer is MCRT, which surged 21.21% in the past 24 hours due to the blockchain having announced its game launching on Steam, a gaming platform with over 120 million users.
Read next: Bitcoin and Ether lost over 3% yesterday. Threshold Network has partnered with Wormhole| FXMAG.COM
MagicCraft (MCRT) is a multiplayer online battle action (MOBA) blockchain game on Binance Smart Chain with both single and multiplayer battles. Players can earn in-game $MCRT cryptocurrency while enjoying free-to-play and play-to-earn options. MagicCraft’s entry into Steam opens up potential collaborations with top developers, partnerships with influential publishers, and opportunities for investment. Previously, Steam quietly banned blockchain games and NFTs; thus, blockchain games were not popular. It will be interesting to see if MagicCraft will be the first popular blockchain game on Steam.
Check Out the Latest Prices, Charts, and Data of MCRTUSDT!
Talk of the Town
Borderless Capital is managing a newly-launched $50 million fund aimed at promoting Wormhole, a cross-chain messaging protocol frequently used for asset transfer between different blockchains. The fund will support startups developing applications, infrastructure, and tools utilizing Wormhole across multiple blockchain ecosystems. Despite a previous security issue with its Solana bridge, Wormhole continues to expand, partnering with entities like Uniswap and Circle for enhanced cross-chain governance and transfer capabilities. The initiative is backed by more than 20 entities, including Solana Foundation, Circle, Polygon Ventures, and Jump Crypto.
Source: Bybit Blog | MCRT Announces Steam Launch; $50M Fund to Amplify Wormhole Adoption