Decrypt reports that speculation regarding the possible sanction of a Bitcoin spot exchange-traded fund (ETF) has reportedly contributed to the weekly increase in the broader cryptocurrency market. On the contrary, a number of tokens associated with the metaverse and gaming have experienced some of the most substantial gains among the main cryptocurrencies in the past week, recovering to claim double-digit percentage increases. CoinGecko reports that GALA, the token of the Gala Games ecosystem, has experienced the greatest weekly increase of any significant gaming token, rising 42% to a current price of $0.02 per token.

Another significant victor in the gaming industry over the past week is AXS, the governance token of Axie Infinity, a play-to-earn monster-battle game. As of this writing, AXS is trading at $5.76, a 28% increase from the previous week; earlier on Monday, it was priced near $6.00. The price of ApeCoin (APE), the Ethereum-based token of the Bored Ape Yacht Club ecosystem, has increased by approximately 20% to $1.36 in the past week. On Sunday, the price reached a peak of $1.42, having fallen to an all-time low of $1.01 earlier in October. ApeCoin will be utilised in the Otherside metaverse game developed by Yuga Labs.

This week, the price of MANA, the token of the Decentraland metaverse game, increased by 21% to surpass $0.37. Additionally, The Sandbox's SAND token has increased in value by nearly 15% to $0.35 over the past week. In contrast, the value of Bitcoin has increased by 10% in the past week, reaching approximately $34,330. Gala Games is the publisher of several video games based on NFTs, including The Walking Dead: Empires, Champions Arena, and the forthcoming Mirandus. Early Thursday morning, prior to the release of Legacy, a business simulator game developed by 22Cans, a studio founded by the legendary developer Peter Molyneux, the GALA token experienced some of its greatest weekly gains.

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