Ronin (RONIN) Coin, a cryptocurrency designed for the booming gaming economy is showing mixed market indications. Their price prediction indicates potential growth by 2025 bolstered by the integration of
Chainlink's Cross-Chain Interoperability Protocol (CCIP) enabling smooth asset transfers. Moreover, $10 million worth of grants aimed at enhancing the
Web3 developer ecosystem, the launch of the
Tama Meme platform, AI-agent JAIHOZ's addition on the blockchain, and anticipated gaming projects showcase promising prospects.However, the coin has faced significant bumps along the way, including the largest crypto hack in history compromising 1.7 million user accounts resulting in losses worth $615 million. The mishap was due to an error during the
upgrade deployment.Despite the crypto damages, Ronin demonstrated resilience, attaining a total of 2 million daily active users with the
debut of Tama Meme platform and the fostering of meme coin creation on the Ethereum sidechain. Also, there's a rapid inflow of tokens on the Ronin network, and the
Katana Decentralized Exchange (DEX) is set to launch its v3 upgrade.
Gaming prediction market Forkast is planning its launch on Ronin which could serve as a new phase for the Ronin market cap.
New partnerships established with companies further promote user growth and ease fiat-to-crypto operations.While the
Ronin Coin demonstrates innovative strides, it falls prey to trends such as the meme coin craze, showing a potential lack of focus. A negative aspect is their
job layoffs that led to 21% of their workforce being axed. They've focused on user inflow and the
launch of games. Their recent
partnership with Chainlink aims to secure cross-chain bridge operations.
RONIN Coin News Analytics from Fri, 05 Nov 2021 07:00:00 GMT to Wed, 26 Mar 2025 17:58:44 GMT -
Rating 0
- Innovation 2
- Information 5
- Rumor -4
