https://www.p2e.game/dailyNews/4bho58d0n22f
The latest DappRadar report is out, and it seems like the number of daily unique active wallets has decreased by 8.58% in the first quarter of 2023. But hey, let's not get too worked up about it, folks. After all, the average number of daily UAW was still a whopping 791,474. That's almost as many crypto influencers on Twitter!
But wait, hold on a minute. Before you start freaking out and selling all your gaming-related cryptocurrencies, let me remind you that investments in Web3 gaming actually increased by 12.95% and reached $739 million in the first quarter of the year. So, it seems like the gaming industry is still going strong, and people are still willing to put their money where their controller is.
In fact, when you compare the UAW counts across various fields like gaming, DeFi, NFT, and social, the gaming industry is still pretty dominant, accounting for 45.6% of all UAWs in the first quarter of 2023. So, all you DeFi and NFT enthusiasts, maybe it's time to start investing in some blockchain games too, huh?
And speaking of gaming, let's take a look at the top gaming chains. Polygon (MATIC) and Klaytn (KLAY) seem to be doing pretty well, with MATIC recording a 29% growth in UAW numbers and KLAY establishing a firm ground as a gaming blockchain. On the other hand, BNB Chain (BNB) suffered the most significant loss in UAW numbers, with a 36% decrease in the first quarter of the year. Ouch.
But hey, let's not forget that investments in Web3 gaming increased by 13% to $739 million in the first quarter of 2023. Sure, it's not as much as the $1.22 billion invested in the third quarter of 2022, but hey, we'll take what we can get, right? So, all you crypto traders out there, keep an eye out for those gaming-related coins. Who knows? Maybe you'll make the next big score in the gaming industry.
