Ronin, a cryptocurrency related to the gaming industry, has been trending in recent news for various reasons, with some positive and some negative developments. The digital currency saw an increase in daily users, reaching 2M per the Token Terminal. Moreover, it was reportedly added as a learn and earn reward on the Coinbase platform. Coins.ph, a Filipino crypto exchange, also introduced the country's first regulated stablecoin,
PHPC, on the Ronin blockchain. This move is foreseen to boost crypto adoption in the country. Further, there was a strategic partnership with Polygon and the launch of the Ronin bridge, albeit following an exploit of $12M, leading to pause and subsequent restart. Price analysis over 10 to 7 BTC, ETH, SOL, DOT, INJ, AKT, and RON are available. There were also reports of an exciting gaming surge for Ronin Coin and the integration of
CDK to scale Web3 gaming. Despite these developments, it has faced some setbacks including multiple exploit events, with over $11 million lost in one instance. The coin has recovered some funds after the attacks. On future predictions, there are various takes, including a drop in RON price due to a new ICO simplifying cloud mining and speculation of a 2024 crash.
RONIN Coin News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Wed, 09 Oct 2024 19:42:00 GMT -
Rating 5
- Innovation 10
- Information 8
- Rumor 4
