{"id":24204,"date":"2023-10-26T17:45:49","date_gmt":"2023-10-26T17:45:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/winr-protocol-price-jumps-37-here-are-the-key-network-developments\/"},"modified":"2023-10-26T17:45:49","modified_gmt":"2023-10-26T17:45:49","slug":"winr-protocol-price-jumps-37-here-are-the-key-network-developments","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/winr-protocol-price-jumps-37-here-are-the-key-network-developments\/","title":{"rendered":"WINR Protocol price jumps 37%- here are the key network developments"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/10\/winr-protocol-key-gaming-platform-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/10\/winr-protocol-key-gaming-platform-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/10\/winr-protocol-key-gaming-platform-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/10\/winr-protocol-key-gaming-platform-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">WINR Protocol taps double-digit gains today, up 22% at the time of writing.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Gains of nearly 60% in the past month have come amid key network developments.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The protocol recently burned 70 million WINR tokens and launched the first on-chain 1000x Bitcoin (BTC) and Ethereum (ETH) futures.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">WINR Protocol, a decentralised iGaming infrastructure platform powered by the WINR token, has seen significant market traction in the past week. Today, the price of the protocol\u2019s native token jumped more than 22% in 24 hours to hit its highest price level since August.<\/span><\/p>\n<p><span style=\"font-weight: 400\">WINR was trading around $0.05 at the time of writing, up 37% this past week and nearly +60% in the past 30 days. The token was however 57% down since its all-time high above $0.11 reached on March 21 this year.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The recent gains have come amid a series of major developments for the platform. Is this why WINR price has been rising? Let\u2019s have a look.<\/span><\/p>\n<h2><b>Why is WINR Protocol price rising?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Cryptocurrencies saw a massive spike in volatility early this week, with mega cap <a href=\"https:\/\/coinjournal.net\/news\/tag\/altcoins\/\">altcoins<\/a> catapulted to key levels after Bitcoin\u2019s increase to $35,000. This outlook could have aided WINR bulls.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, the altcoin appears to have been boosted by the platform\u2019s several development milestones. Earlier this month, the protocol burned 70 million WINR tokens, permanently removing 7% of its maximum supply from circulation.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A total of 70,000,000 WINR, which accounts for 7% of the maximum supply, has been permanently burned.<\/p>\n<p>Feel the burn. <a href=\"https:\/\/t.co\/EfLokagsu0\">pic.twitter.com\/EfLokagsu0<\/a><\/p>\n<p>\u2014 WINR (@WINRProtocol) <a href=\"https:\/\/twitter.com\/WINRProtocol\/status\/1713811557598023959?ref_src=twsrc%5Etfw\">October 16, 2023<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Last week, the Arbitrum community voted to allow the Arbitrum Foundation grant WINR 462,000 ARB to incentivize developer activity.<\/span><\/p>\n<p><span style=\"font-weight: 400\">These were then followed by this week\u2019s release of the first on-chain 1000x Bitcoin (BTC) and Ethereum (ETH) futures.\u00a0 The WINR Chain also <\/span><a href=\"https:\/\/twitter.com\/WINRProtocol\/status\/1717461375637745901\"><span style=\"font-weight: 400\">announced<\/span><\/a><span style=\"font-weight: 400\"> on October 26 that its team was looking at becoming the \u201cgo-to execution layer for decentralized iGaming.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201c<\/span><i><span style=\"font-weight: 400\">With the WINR Game Engine, game providers can build their game logic on smart contracts and seamlessly integrate data with existing UIs<\/span><\/i><span style=\"font-weight: 400\">,\u201d the platform wrote in an announcement on X.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/winr-protocol-price-jumps-37-here-are-the-key-network-developments\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) WINR Protocol taps double-digit gains today, up 22% at the time of writing. Gains of nearly 60% in the past month have come amid key network developments. The protocol recently burned 70 million WINR tokens and launched the first on-chain 1000x Bitcoin (BTC) [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":24205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24204"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24204"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24205"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}