GUN tokens have recently experienced a significant increase, rising by 3.2% in the short term, driven by multiple positive signals across various levels.
The performance on the gaming side is particularly impressive. Off The Grid reached a peak of popularity after the new season launched on January 5th, successfully topping the free charts on PlayStation and Xbox, marking the first time a Web3 game has achieved this feat. Simultaneously, on-chain trading activity has continued to rise, with the Avalanche subnet where GUN is located now ranking among the top networks in daily transaction volume.
Support for the token also warrants attention. After the new season started, the project's buyback and burn volume has exceeded the total of the previous month, a type of supply reduction that typically supports the price. Additionally, the limited edition NFT skin market remains active, with transaction volumes surpassing $3 million, indicating sustained consumer enthusiasm within the ecosystem.
It is worth noting that institutional addresses have recently completed rebalancing operations involving GUN tokens, a move often regarded as an important market signal.
However, it is important to be aware that the current trend shows signs of acceleration at high levels, and risks should be carefully monitored. Market participants should remain cautious and implement proper risk management.
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MintMaster
· 8h ago
Wow, Off The Grid really made it to the host rankings? This is true breaking through the circle.
GUN has been quite aggressive this wave, but the high-position risk definitely needs to be watched.
Institutional rebalancing is a good sign, but caution is also necessary to avoid getting cut.
This season's popularity is so high that selling skins for 3 million USD is no small feat.
The surge in destruction volume is somewhat significant, but I'm worried that a burst of momentum might lead to a decline after three waves.
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ChainDoctor
· 10h ago
Not optimistic, need to sell at high levels, don't be fooled by the data
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WalletsWatcher
· 01-09 09:48
Off The Grid this move is really awesome, but I still feel a bit uneasy...
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MetaDreamer
· 01-09 09:43
Not far from the ceiling now, this wave of increase is a bit fierce.
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MEV_Whisperer
· 01-09 09:40
Topping the PS and Xbox free charts? This is truly breaking the circle
Off The Grid is really impressive this time, Web3 games have finally produced something decent
Institutions are quietly reallocating, NFT skins sold for 3 million USD... There’s something there
But be cautious of the high-level acceleration signals, the cut-loss team is always at the door
View OriginalReply0
NFTArchaeologist
· 01-09 09:28
Are institutions bottoming out or running away... They are already accelerating at high levels with this small increase.
GUN tokens have recently experienced a significant increase, rising by 3.2% in the short term, driven by multiple positive signals across various levels.
The performance on the gaming side is particularly impressive. Off The Grid reached a peak of popularity after the new season launched on January 5th, successfully topping the free charts on PlayStation and Xbox, marking the first time a Web3 game has achieved this feat. Simultaneously, on-chain trading activity has continued to rise, with the Avalanche subnet where GUN is located now ranking among the top networks in daily transaction volume.
Support for the token also warrants attention. After the new season started, the project's buyback and burn volume has exceeded the total of the previous month, a type of supply reduction that typically supports the price. Additionally, the limited edition NFT skin market remains active, with transaction volumes surpassing $3 million, indicating sustained consumer enthusiasm within the ecosystem.
It is worth noting that institutional addresses have recently completed rebalancing operations involving GUN tokens, a move often regarded as an important market signal.
However, it is important to be aware that the current trend shows signs of acceleration at high levels, and risks should be carefully monitored. Market participants should remain cautious and implement proper risk management.