The crypto market experienced a downturn over the weekend due to Trump's proposed tariffs, causing concern among industry experts. However, on Tuesday, prices began to recover as tariffs on Mexico and Canada were delayed. Gaming tokens, such as Immutable's IMX token, were particularly affected, falling 14% in a day. While some gaming tokens like Sui and Sweat Economy saw minor losses or gains, most experienced a rough week. In other news, blockchain project Abstract issued experience points for the first time, while game studio Midnight Society, known for Deadrop, shut down following controversies involving its co-founder, Guy "Dr. Disrespect" Beahm. The studio's closure was met with mixed reactions from former employees.
Content Editor ( blockworks.co )
- 2025-02-04
Gaming tokens hit in Trump tariffs fallout after Deadrop shutdown
