Good Gaming Inc. (OTCMKTS:GMER) gained 50% after the company announced the expected unveiling of its unique online game, which will allow players to earn tokens from Good Gaming’s passively produced crypto called GOO. The company is making waves in the gaming sector, and it has expanded its operations to include virtual assets called non-fungible tokens (NFTs).NFTs are popular products that allow one to converts assets into tokens, and they have created numerous opportunities in gaming and art.
In Q1 2021, over $2 billion was used in NFTs, indicating how popular NTFs have become. For instance, NFT breeding games like CrypotKitties run by enabling players to collect virtual cats. One can hold and sell NFTs to others through third-party platforms such as OpenSea.Good Gaming is poised to leverage opportunities to establish the company as a leader gaming industry.
The company will launch its first NFT game called MicroBuddies in July, and players can collect microbes producing GOO crypto. In the coming months, GMER is the stock to watch in the gaming space.
Market Reaction:
On Monday, GMER stock soared 50% to $0.24 with more than 9.87 million shares, compared to its average volume of 4.32 million shares. The stock has moved within a range of $0.1600 – 0.2495 after opening the trade at $0.1780. Over the past 52-week, the stock has been trading within a range of $0.0041 – 0.2495.
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