Web3 Altcoin in Top 100 Soars 67% Following Wallet Update, New Partnership, and Token Relisting

Web3 Altcoin in Top 100 Skyrockets Over 67% Following Wallet Upgrade, New Partnership, and Korean Exchange Relisting

"WEMIX Token Surges Amid Web3 Ecosystem Expansion by South Korean Game Developer Wemade"

"WEMIX, a subsidiary of the prominent South Korean video game developer Wemade, is making strides in the web3 space with its focus on experience-based services. The project's native token has seen a significant surge, trading at $3.91 at the time of writing, up from $2.34 just a week ago. This notable rise positions WEMIX as the 56th-ranked crypto asset by market cap, with a more than 22% increase in the last 24 hours.

Recently, Wemade announced a notable partnership with Dubai International Financial Centre’s Innovation Hub. This collaboration aims to establish a WEMIX-centric web3 gaming community and launch a $100 million web3 gaming fund to support developers, studios, and entrepreneurs.

Adding to these developments, WEMIX PLAY, the project's blockchain gaming platform, has recently upgraded its wallet, introducing enhanced features. Further boosting the token's profile, WEMIX was relisted by the South Korean exchange Korbit on Wednesday, following a previous delisting in November 2022 due to issues with investor information, which have since been resolved.

Despite these positive trends, it's important to note that WEMIX's current value still reflects a significant drop from its all-time high of $24.71 in November 2021, as reported by CoinGecko, indicating a more than 84% decrease."

Dec 10, 2023

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