Ronin Coin, a major player in the cryptocurrency market, has seen a series of significant events. It was recently targeted in a bridge hack due to an upgrade deployment script error, which has raised concerns about its security. However, swift action was taken to mitigate the situation, recovering $12 million in stolen digital assets.
Despite such challenges, Ronin Coin maintains its momentum in the gaming sector.
Ronin Network now integrates Philippines' first regulated stablecoin
PHPC, providing potential investment opportunities and aiding cryptocurrency adoption in the Philippines. The network also witnessed an increase in daily active users, with Pixels- a Web3 social gaming operating on the network driving this growth.
Price predictions for Ronin are optimistic, with a noted rise of 20% in a week and projection for further increase in future. It also experienced some major ups, like its strategic partnership with Polygon and being listed on Coinbase, which led it to jump 11% on the heels of this listing.
Yet, it faces competition from Bitcoin NFTs surpassing Ronin in all-time sales. In spite of this, with the launch of more games like
Rise of the Ronin that offer
silver coins to users, it continues to harness growth in the gaming blockchain arena.
Overall, Ronin Coin's performance and innovative measures to strengthen its position within the gaming sector are noteworthy. Whether it's about integrating stablecoins or facilitating global user engagement through games, Ronin appears determined to combat obstacles while building on their current growth.
RONIN Coin News Analytics from Sun, 26 Nov 2023 08:00:00 GMT to Sat, 17 Aug 2024 17:33:23 GMT -
Rating 4
- Innovation 8
- Information 7
- Rumor 2
