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.
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us TwitterFacebook, Telegram
Daily Hodl Mix Surfing
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
Image created by: Midjourney