PLAY (PlaysOut) up 59.34% in the past 24 hours, with a market cap of approximately $80.7 million

Gate News Bot Message, January 29th, according to CoinMarketCap data, as of press time, PLAY (PlaysOut) is currently priced at $0.12, up 59.34% in the past 24 hours, with a high of $0.13 and a low of $0.07. The 24-hour trading volume reached $28.3 million. The current market capitalization is approximately $80.7 million, an increase of $3.01 million from yesterday.

PlaysOut is a leading global mini-game 2.0 platform, known as the “Shopify of mini-games.” The platform offers over 1,000 games, providing frictionless access to global users. PlaysOut is committed to building infrastructure that connects Web2 and Web3, offering core features such as multi-engine compatibility, embedded traffic integration, and hybrid monetization of Web2 and Web3, providing developers and super apps with seamless game distribution and monetization solutions.

Recently, a CEX announced the launch of the PLAYSOUT/USDT perpetual contract, which is now available for trading, with leverage up to 25x, further expanding PLAY’s liquidity ecosystem.

Important recent news about PLAY:

1️⃣ Liquidity expansion in the derivatives market
Major CEXs have launched the PLAYSOUT/USDT perpetual contract, supporting trading with up to 25x leverage, providing market participants with more diverse trading tools and risk management options. The opening of the derivatives market is conducive to increasing trading depth and market participation, typically attracting more institutions and professional traders.

2️⃣ Platform ecosystem advantages and GameFi track potential
As a leading global mini-game 2.0 platform, PlaysOut boasts an inventory of over 1,000 games and frictionless access to global users. Its hybrid Web2 and Web3 monetization model and multi-engine compatibility architecture demonstrate clear competitive advantages in the current GameFi ecosystem upgrade, offering developers and super apps comprehensive distribution solutions.

This message does not constitute investment advice. Investors should be aware of market volatility risks.