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The majors had an ugly week, with Bitcoin losing $60k and the quarter closing red, but things have been cooking in the trenches. Ansem came back swinging and a coin on his name ran to nine figures, mystery token $world on Solana, and $Kins slowly cementing the gamefi comeback we thought would never come.
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📉 Red week for Majors
Bitcoin dipped under $60k midweek and sitting at 59.7k at this moment.
Ethereum got hit the hardest, sitting around $1,571, off roughly 8%.
Solana held up comparatively well near $71, just 2.3%
The reasons for the dump namely money leaving the spot Bitcoin ETFs, a Fed talking tougher than the market wanted, and a stronger dollar. Combined with the potential structural risk to BTC from STRC and Saylor.
🐂 The Ansem Solana comeback
A memecoin called $ANSEM, "The Black Bull," ripped to around $120M, with $50M+ of trading volume.
🌍 $World: nobody knows what it is, and that's the point
Someone reportedly paid around $80,000 for the domain world.xyz, the homepage says two words, "Trade Everything,". There's no whitepaper and no team page, just an X community and a lot of guessing about whether it's a Nasdaq-style onchain exchange, a perps venue for every asset class, or a prediction market.
That hasn’t stopped degens from speculating on the coin. With seemingly big endorsements from Solana Foundation team members and community members coming up with theories about the coin. Here’s our favorite one:
🎮 Our Top Gamefi Plays
$KINS (@PlayKintara) is the browser-based onchain MMO that's quietly becoming the proof that Solana gaming is actually back. It's running north of 20,000 monthly players, with server queues so long this week the team is spinning up new servers to keep up, $450k+ moving through the in-game marketplace, and fresh content shipping constantly. It also picked up CEX listings on BloFin and WEEX this month, and while the whole market sold off, $KINS held at around $13M.
$CLASH (@clashofperps) is the gamified perp DEX we interviewed in issue one, sitting around $380k. They’ve been adding all the major perp dexes and reportedly hit $3M trading volume during their Hibachi sponsored tournament.
⚡ Top Utility/AI Play $CPX
$CPX (@cpx_token) is CapIX, building a liquid market for compute and AI inference that settles straight in CPX, and it flipped to the top of the Kickstart board a, sitting near $700k.
Disclaimer & important information
Good Game is a newsletter published by gg (gg.xyz) for general information and entertainment only. It is not financial, investment, legal, accounting, or tax advice, and nothing in it is an offer, solicitation, or recommendation to buy, sell, or hold any token, coin, or other asset. We are not a registered broker-dealer, investment adviser, or financial adviser, and we are not acting as a fiduciary to you.
Tokens are not affiliated unless explicitly stated: Coins that reference a public figure, brand, company, or project (for example, a token trading on a well-known person's name) are not necessarily created by, endorsed by, or affiliated with that person or entity. In at least one case covered in this issue, the named individual has publicly disavowed the token. Assume no affiliation or endorsement unless it is clearly confirmed by the person or project themselves.
The "hunters" are users, not advisers: Thesis posts on gg are the personal opinions of individual users. gg does not endorse, verify, or guarantee them, and any reported performance is self-tracked, on-chain data that may be incomplete or wrong.
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