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GameFi Tokens Fall 98% From 2021 Peaks, Sector Valued at $4.25 Billion
Major GameFi tokens like SAND, AXS, and MANA have seen their market values plummet by approximately 98% from their 2021 peaks, with the sector's total market capitalization now standing at around $4.25 billion. Platforms such as The Sandbox, Axie Infinity, and Immutable are shifting focus from speculative trading to enhancing in-game utility, player onboarding, and reward systems to build a more sustainable ecosystem.
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