PLAY (PlaysOut) rose 20.52% in the last 24 hours

Gate News Bot news, August 1st, according to CoinMarketCap data, as of the time of writing, PLAY (PlaysOut) is currently priced at $0.04, rising by 20.52% in the last 24 hours, with a high of $0.04 and a low of $0.03. The current market capitalization is approximately $13.5 million, an increase of $2.3 million compared to yesterday.

PlaysOut is a global leader focused on mini-game infrastructure. The platform aims to be the “Shopify of mini-games,” offering over 1,000 games with zero friction and complete control. PlaysOut provides developers with hassle-free game deployment, instant access to a global audience, and revenue generation through every click, swipe, and session. For super apps, PlaysOut offers seamless integration of mini-games through an SDK to enhance engagement, retention, and revenue.

Important news about PLA recently:

1️⃣ Google Play opens crypto asset rewards The Google Play Store recently announced that it will allow app and game developers to offer cryptocurrency rewards on its platform. This policy change creates great opportunities for projects focused on gaming infrastructure like PlaysOut, and is expected to encourage more traditional game developers to enter the blockchain gaming space, thereby expanding the potential market size for PlaysOut.

2️⃣ Play-to-Earn model continues to attract attention As Play-to-Earn games like My Neighbor Alice and Illuvium continue to attract the attention of players and investors, this trend is beneficial for projects like PlaysOut that provide infrastructure for mini-games. PlaysOut, known as the “Shopify of mini-games”, may benefit from the Play-to-Earn boom, attracting more developers to use its platform.

3️⃣ Cryptocurrency applications rise in Google Play rankings Several crypto-related applications have seen a rise in rankings in the financial category of Google Play in the United States, reflecting increased user interest in crypto assets. This trend may indirectly drive the adoption of blockchain gaming infrastructure projects like PlaysOut, as more users may seek to engage in crypto gaming experiences.

From a technical perspective, the price of PLAY has seen a significant rise in the past 24 hours, breaking through previous resistance levels. However, investors should closely monitor the potential risk of a pullback in the short term.

This message is not an investment advice; investors should be aware of market volatility risks.