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Apr 05 2025
6Within just hours of its launch, the token surged to a $69 million market cap, before stabilizing around $44.39 million, according to CoinMarketCap. Avalanche, the blockchain platform supporting the game, hailed the development as a “major milestone for Web3 gaming and purpose-built Avalanche L1s.”
Industry Excitement and Market Reactions
The launch of the $GUN token generated significant buzz within the Web3 gaming space. Richard Seiler, co-founder of RR2 Capital, had hinted at an explosive debut, stating that the collaboration between Gunzilla Games and Binance represented “two giants supporting each other.”
Popular gaming analyst Mash expressed optimism, noting that if the token gains momentum, it could spark a "gaming supercycle on Avalanche." Meanwhile, renowned gaming streamer Yellow Panther highlighted that the token would be crucial in powering Gunzilla’s layer-1 blockchain network, which has already seen 480 million transactions and 14.7 million active wallets on its testnet.
A Pioneering Crypto Game on Consoles
Off The Grid made history by becoming the first mainstream console game to integrate blockchain technology. It launched in October 2024 on Xbox Series X and PlayStation 5, bringing Web3 gaming to a wider audience.
Comparisons to Call of Duty have led many to call it “Web3’s Call of Duty”, a title that underscores its appeal among both crypto and traditional gamers. Gaming commentator Mac noted that it was the first game he encountered on his PlayStation 5 store, emphasizing its seamless blend of traditional and blockchain gaming mechanics.
The Broader Crypto Gaming Landscape
The launch of the $GUN token comes at a time when the broader gaming cryptocurrency market is experiencing a downturn. According to CoinMarketCap, the total gaming crypto market cap has declined by 9.56% over the past month, standing at $11.56 billion.
Despite this, history suggests that Binance listings often drive significant price surges. Among 15 memecoins listed by Binance in 2024, 12 experienced sharp increases in value post-launch. This trend raises optimism that $GUN could see similar positive traction in the coming weeks.
More in Web3 Gaming: LOL Land and Super Champs Racket Rampage
LOL Land: A Crypto Board Game for ‘Degens’
Amid the growing wave of Web3 gaming titles, Yield Guild Games (YGG) has introduced LOL Land, a browser-based board game that takes inspiration from classics like Monopoly but with a crypto and multiplayer twist.
Set to launch on April 15 on Ethereum’s layer-2 Abstract chain, LOL Land allows players to roll dice, move across tiles, earn YGG tokens, collect NFTs, and gain Abstract XP. The game is backed by Pudgy Penguins’ parent company, further connecting it to the thriving NFT community.
Currently, players can pre-register for early access, with many eager to see if this unique blend of Web3 mechanics and casual board gaming will resonate with crypto gamers.
Super Champs Racket Rampage: A Fresh Take on Tennis Gaming
For fans of action-packed sports games, Super Champs Racket Rampage offers a creative twist on tennis RPG gaming. Developed by Joyride Games, this layer-3 blockchain title trades traditional rackets for frying pans, introduces anime-style characters, and embraces a swipe-based control system instead of conventional on-screen buttons.
The game’s learning curve revolves around mastering swipe mechanics to execute drop shots, slam shots, and crit shots. Once players adjust, the seamless gameplay makes for an engaging mobile experience.
Players start with a standard "Champ" character but can acquire NFT-based legendary Champions from the Ethereum-based Super Champs: Racket Rampage Genesis Collection. With its quirky concept and intuitive controls, the game is already generating buzz among blockchain gaming enthusiasts.
Final Thoughts: A Promising Future for Web3 Gaming
The launch of $GUN on Binance is a significant event in Web3 gaming, signaling growing mainstream adoption of blockchain-based games. While the crypto gaming market is currently facing headwinds, the strong start of $GUN, alongside innovative titles like LOL Land and Super Champs Racket Rampage, suggests that blockchain gaming continues to evolve in exciting new directions.
As players and investors closely monitor $GUN's post-launch performance, the Web3 gaming space stands at a potential turning point, with innovation and adoption shaping the future of interactive entertainment.
This is non-financial/medical advice and made using AI so could be wrong
