VOXEL, SLP and ALICE bounce back after protocol update and listing on major exchange

Cryptocurrency markets are taking a beating, but there are still a few that stand out even during this week’s volatility.

One of the sectors that has managed to rise above the noise is NFT-related altcoins and GameFi tokens.

Top winners in the collectibles and NFTs sector. Source: CoinMarketCap

The data from Cointelegraph Markets Pro and CoinMarket Cap show that three notable gainers in the last 48 hours were Voxies (VOXEL), Smooth Love Potion (SLP), and MyNeighborAlice (ALICE).

Voxie Tactics launches its marketplace

VOXEL is the native utilitarian currency of Voxie Tactics, a free-to-play 3D RPG that combines the classic look of popular tactical games from the 90s and 2000s with modern gameplay.

The data from TradingView show that after hitting a low of $0.90 on Feb 22, VOXEL price soared 65.6% to hit a daily high of $1.50 on Feb 23, amid a 688% increase in its trading volume 24 hours.

VOXEL/USDT 4-hour chart. Source: TradingView

The turn of fortune for VOXEL comes when the protocol announced on February 26 the launch of the Voxie Tactics market, which will allow users participating in the game’s beta launch to buy or sell items to play.

Smooth Love Potion becomes more scarce

Smooth Love Potion is the in-game currency that players earn while playing Axie Infinity and can be used to breed new Axies.

VORTECS™ data from Cointelegraph Markets Pro they started spotting a bullish outlook for SLP on Feb 22, before the recent price rally.

Cointelegraph’s exclusive VORTECS™ Score is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements, and trading activity. Twitter.

VORTECS™ Score (green) vs. SLP price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for SLP surged into the green on February 20th and reached a high of 81 around 11pm before the price surged 38% over the next day.

The SLP price change comes amid a tokenomic revamp for the Axie Infinity ecosystem that includes a decrease in the SLP issuance rate that will reduce the number of SLPs minted daily by 175 million SLPs.

ALICE appears on Coinbase

MyNeighborAlice is a farming-themed building game with built-in decentralized finance features that operates on the Chromia network.

The data from Cointelegraph Markets Pro and TradingView show that the price of ALICE rose 35% from a low of $6.11 on Feb 22 to a daily high of $8.25 on Feb 23.

ALICE/USDT 4-hour chart. Source: TradingView

The sudden spike in price and trading volume for ALICE followed the announcement by the United States’ largest cryptocurrency exchange Coinbase that it would add trading support for ALICE starting on February 24.

The global cryptocurrency market capitalization now stands at $1.713 trillion and the dominance rate for Bitcoin is 41.7%.

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