WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement

Cointelegraph

Published May 27, 2022 02:15PM ET

Updated May 29, 2022 04:40PM ET

Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology.

WEMIX, a gaming protocol that operates on the Klaytn network, aims to get in on the GameFi revolution and this week, the project's native token (WEMIX) rallied even as the wider market continued to sell-off.

WEMIX/USDT 1-day chart. Source: TradingView

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