Crypto Updates

Ethereum Gaming Altcoin Rallies After Project Gets Spot in Apple App Store

Most Dogecoin Holders Are in Profit While Majority of Shiba Inu Owners Remain Underwater: IntoTheBlock

An Ethereum-based (ETH) gaming altcoin is outshining crypto markets after being listed on tech giant Apple’s app store.

In a new announcement, prominent gaming metaverse Axie Infinity (AXS) says it’s expanding its global reach by joining forces with Apple to bring over its strategy-based card game to iPhone users in Latin America and East Asia.

“We’re thrilled to announce that Axie Infinity: Origins is now available on iOS in select countries across [Latin America] and Asia!

This is [an] important step towards a world where anyone, anywhere can experience the magic of Axie on their preferred device. If you live in Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia, or Vietnam, you can now download Origins for iOS from the AppStore.”

The game features digital pets called axies which players can collect in NFT (non-fungible token) form. According to Axie Infinity, this marks the first time ever that Apple has ever allowed outside NFTs to be usable in the Apple store.

“Significantly, iOS Players will be able to use their NFT axies in this release. We believe this is the first time that Apple has agreed to make an externally-purchased NFT usable on the App Store.”

News of the collaboration sent AXS flying. The 56th-ranked crypto asset by market cap went from its 24-hour low of $6.76 up to $8.11, a 20% increase. AXS has since retraced and is trading for $7.25 at time of writing, a 6.1% increase during the last day, while most of the crypto markets are trading in the red.

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