Can Stellar (XLM) Continue Its Recent 24 Hour Run, Alex The Doge (ALEX) Aims For Market Dominance

Alex The Doge (ALEX) is the newest player in the Play-To-Earn (P2E) gaming and Social-Fi world. Built on the Polygon blockchain,Alex The Doge (ALEX) aims to revolutionize the gaming industry by providing a user-owned economy enabled by in-game assets represented by ALEX tokens and NFTs. With the introduction of De-Fi protocols, digital identification, social-fi, and NFTs, Alex The Doge is set to become the go-to platform for gamers and crypto enthusiasts alike.

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The Rise of P2E Gaming

Play-To-Earn (P2E) gaming is a new category of blockchain technology gaming that allows users to earn tokens with monetary value outside the ecosystem. P2E gaming is gaining popularity among gamers and crypto enthusiasts alike, as it provides an opportunity to earn real-world value while playing games. Alex The Doge (ALEX) is one such P2E gaming platform that allows users to earn ALEX tokens through gaming challenges.

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Alex The Doge’s Market Dominance

Alex The Doge (ALEX) aims to take the gaming market by storm. With gaming convenience and utility, ALEX tokens will set Alex The Doge (ALEX) apart from alternative P2E platforms. Alex The Doge is a true combination of crypto and legacy gaming, inspired by the Sega legend Alex The Kid. The platform is built and designed to rekindle the love for retro P2E gaming while earning crypto and accessing the digital asset markets.

Alex The Doge (ALEX) is one of the first movers in this industry by creating social-fi interoperability with its gaming and trading platform, improving the social trading experience for users apart from multiple communities. Alex The Doge (ALEX) holders will be able to stake their tokens on the platform to receive rewards for delegating liquidity to the ecosystem for social trading and gaming. 

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Stellar Price Run

The price of Stellar (XLM) increased to its highest point since April 2022, peaking at about $0.20. The impressive success of Stellar (XLM) came after XRP had a startling 87% increase in less than 3 hours. This is after Ripple won against the US Securities and Exchange Commission (SEC). The court battle was around a case where the regulator sued the blockchain company over allegations that XRP was a security. In essence, the judge’s ruling declared that XRP is not a security.

The market’s reaction to the news was swift, with buyers sending XRP to near $0.95 – its highest level since December 2021. Elsewhere, Stellar’s XLM was the top performer among altcoins as its price raced to near $0.20. In the coming days, XRP is probably going to have another explosion, which might cause the price of Stellar (XLM) to rise.

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Conclusion

Alex The Doge (ALEX) is a new player in the P2E gaming and Social-Fi world. Built on the Polygon blockchain, Alex The Doge aims to revolutionize the gaming industry by providing a user-owned economy enabled by in-game assets represented by ALEX tokens and NFTs. With the integration of De-Fi protocols, digital identification, social-fi, and NFTs, Alex The Doge (ALEX) is set to become the go-to platform for gamers and crypto enthusiasts alike. With Stellar’s (XLM) price run and Alex The Doge’s (ALEX) market dominance, the future looks bright within Crypto.

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