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Top Gaming Tokens React to GTA 6 Trailer Release

December 5, 2023
in Altcoin3
Reading Time: 2 mins read
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Top Gaming Tokens React to GTA 6 Trailer Release
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The eagerly anticipated arrival of GTA 6 is finally on the horizon, as marked by the official release of the game’s trailer yesterday. Interestingly, the unveiling occurred a day earlier than scheduled, possibly spurred by a leak on Monday.

Rockstar Games initiated the anticipation for the latest installment of the GTA series shortly after celebrating the tenth anniversary of GTA 5. Given the immense success of Grand Theft Auto 5, which ranks as the second-highest-grossing video game franchise with over 190 million copies sold, fans have been eagerly awaiting updates on the next chapter.

Projections indicate that the game is poised to generate $8 billion in revenue by fiscal year 2025. It underscores the substantial financial expectations associated with this highly anticipated release.

Also read: GTA 6 To Earn $8 Billion in Sales in 2025

Speculations have been on the rise as to whether GTA 6 will have a crypto element in it. Even though it is too early to confirm anything, many believe that GTA 6 could have a positive impact on gaming tokens. With the trailer out now, let us look at how the gaming tokens reacted to the trailer launch.

Top gaming tokens react to GTA 6 trailer launch

According to CoinMarketCap data, top gaming tokens including Internet Computer (ICP), Immutable (IMX), Render (RNDR), The Sandbox (SAND), Axie Infinity (AXS), Decentraland (MANA), and GALA reacted to the launch of the trailer, but not in a similar fashion.

While tokens including IMX, AXS, and GALA showed single-digit gains, ICP and RNDR plunged in the last 24 hours. GALA exhibited a 6.24% gain, while RNDR shed 7.4% of its value.

The GTA 6 trailer release didn’t have a direct impact on the prices of the top gaming tokens. However, there has been a 96.26% surge in trading volume, which stands at $3.8 billion at press time. Nevertheless, it remains to be seen whether the release of the game could have an impact on the price of these tokens.

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