EPIC (Epic Chain) rose 19.49% in the last 24 hours.

Gate News Bot news, August 7, according to CoinMarketCap data, as of the time of writing, EPIC (Epic Chain) is currently priced at $2.22, a rise of 19.49% in the last 24 hours, peaking at $2.47 and dropping to a low of $1.68, with a 24-hour volume of $9.87 million. The current market capitalization is approximately $66.6 million, an increase of $1.09 million compared to yesterday.

Epic is building the world’s first RWA (Real World Asset) superstructure, aimed at integrating institutions and consumers across major asset classes. The project is supported by RWA-focused capital and partners such as Ripple. The Epic architecture transforms assets such as real estate, bonds, and collectibles into on-chain primitives that can be instantly staked, traded, or consumed. Users can access yield-generating tools without sacrificing liquidity, custody, or composability.

Important recent news about EPIC:

1️⃣ Epic Games drives mainstream adoption of blockchain gaming The Epic Games Store has recently started listing “adult-rated” blockchain games, a move seen as an important step in pushing blockchain gaming into the mainstream. As a globally recognized gaming platform, Epic Games’ decision is expected to bring broader exposure and a larger user base to blockchain games, thereby indirectly enhancing the value and appeal of the EPIC ecosystem.

2️⃣ Epic Games Continues to Develop Metaverse Strategy Epic Games previously secured $2 billion in funding for the development of metaverse-related projects, and the company continues to delve into this field. Recently, Epic Games announced the introduction of AI characters in Fortnite. Although this initiative carries certain risks, it also demonstrates the company’s innovative spirit in merging the virtual world with artificial intelligence. These efforts could bring new application scenarios and growth opportunities to the EPIC ecosystem.

3️⃣ Epic Games’ legal dispute with tech giants continues The legal dispute between Epic Games and Google is ongoing, with Google seeking to overturn a previous unfavorable ruling against it. At the same time, Epic Games is also questioning the app store policies of Apple and Google. Although these legal actions primarily involve Epic Games, their outcomes could have far-reaching implications for the entire blockchain and cryptocurrency industry, especially in terms of decentralized application distribution and payment systems.

From a technical perspective, the EPIC price has seen a significant rise in the past 24 hours, breaking through multiple resistance levels. However, investors should remain cautious of potential pullback risks. From a fundamental perspective, Epic Chain’s unique positioning as a RWA superstructure, combined with Epic Games’ influence in the gaming and metaverse sectors, may bring long-term development potential for EPIC.

This message does not constitute investment advice; investors should be aware of market volatility risks.