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A top-100 web3 altcoin has surged by greater than 67% this week amid a pockets replace, a brand new partnership and a relisting on a Korean trade.
WEMIX, a subsidiary of South Korean online game developer Wemade, goals to construct a web3 ecosystem that focuses on experience-based providers.
The undertaking’s native token is buying and selling at $3.91 at time of writing, up from $2.34 one week in the past. The 56th-ranked crypto asset by market cap can be up greater than 22% prior to now 24 hours.
On Tuesday, Wemade announced a partnership with Dubai Worldwide Monetary Centre’s Innovation Hub to construct a WEMIX-centric web3 gaming group. The partnership goals to boost a $100 million web3 gaming fund to assist builders, studios and entrepreneurs.
The next day, the undertaking’s blockchain gaming platform, WEMIX PLAY, updated its pockets with enhanced options.
WEMIX was additionally relisted by the South Korean trade Korbit on Wednesday, after the trade pulled assist for the token again in November 2022.
On the time, the trade stated it was eradicating buying and selling providers for the asset for quite a lot of causes, together with that WEMIX supplied inadequate or incorrect info to its traders. The trade, nevertheless, notes that the undertaking has now rectified these points.
Regardless of WEMIX’s latest beneficial properties, nevertheless, the asset stays greater than 84% down from its all-time excessive of $24.71, which it hit in November 2021, in line with CoinGecko.
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