The leading blockchain gaming tokens, including Immutable's IMX, The Sandbox's SAND, and Gala Games' GALA, have seen significant declines of 15% or more in the past 24 hours. This drop is in line with the overall crypto market, which fell by about 7% amid macroeconomic uncertainty. The gaming token category as a whole experienced a 17% drop in the last 24 hours, with the top gaming tokens connected to Ethereum suffering even larger losses. This decline is attributed to the recent volatility caused by tariff announcements from President Donald Trump. The total liquidations in crypto markets reached over $2.3 billion, with potential estimates as high as $8-10 billion. Other notable gaming tokens, such as Ronin's RON and AXS from Axie Infinity, also saw significant declines of over 12% in the past day.
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