About Magic

Magic Eden introduces a cross-chain rewards program, offering Diamonds to Ethereum users for past activities.

The cryptocurrency market is abuzz with anticipation as Ethereum's Dencun upgrade approaches, slated for March 13. This upgrade promises better usability, security, and fast transactions, potentially sparking a new altcoin season.

January was a mixed month for the cryptocurrency market, starting with new all-time highs for many altcoins, which, however, experienced bearish trend reversals in the latter half of the month.

The altcoin market is displaying renewed signs of recovery, especially in the wake of Bitcoin losing its year-to-date bullish momentum last month. The eagerly anticipated alt season appears to be on the horizon, as Bitcoin's dominance has been in decline for three consecutive months.

The five altcoins had the best performance from the entire crypto market last week.

The broader cryptocurrency sector began the year 2023 with an optimistic outlook, and crypto gaming tokens have not been an exception to this trend. What comes as significant gaming news, cryptocurrencies pertaining to the gaming genre have witnessed an average price gain of more than 100 percent in the month of January.