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Home»ALTCOIN NEWS»The top 100 Web3 altcoins surged 67% this week due to wallet updates, new partnerships, and token relistings.
ALTCOIN NEWS

The top 100 Web3 altcoins surged 67% this week due to wallet updates, new partnerships, and token relistings.

By Crypto FlexsDecember 9, 20232 Mins Read
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The top 100 Web3 altcoins surged 67% this week due to wallet updates, new partnerships, and token relistings.
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The top 100 Web3 altcoins surged more than 67% this week due to wallet updates, new partnerships, and re-listings on Korean exchanges.

WEMIX, a subsidiary of Wemade, aims to build a Web3 ecosystem centered on experience-based services.

The project’s native token is trading at $3.91 at the time of this writing, up from $2.34 a week ago. The 56th largest cryptocurrency asset by market capitalization also rose more than 22% in the past 24 hours.

On Tuesday, Wemade announced a partnership with the Innovation Hub at Dubai International Financial Center to build a web3 gaming community centered around WEMIX. The partnership aims to raise a $100 million web3 games fund to support developers, studios and entrepreneurs.

The next day, WEMIX PLAY, the project’s blockchain gaming platform, updated its wallet with improved features.

WEMIX was relisted on Korean exchange Korbit on Wednesday after the exchange stopped supporting the token in November 2022.

At the time, the exchange said it was discontinuing trading services for the asset for various reasons, including Wemix providing insufficient or incorrect information to investors. However, the exchange notes that the project has now resolved these issues.

However, despite WEMIX’s recent rally, the asset remains more than 84% below its all-time high of $24.71 hit in November 2021, according to CoinGecko.

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