🧑‍💻 Here are crypto's top Gaming projects by their by their non-redundant daily development activity over the past 30 days.

Direction indicators represent whether each project has ascended or descended in their rankings since last month:

➡️1) Multiversx $EGLD 🥇
➡️2) Decentraland $MANA 🥈
➡️3) ImmutableX $IMX 🥉
➡️4) Skale $SKL
➡️5) Root $ROOT
📈6) Enjin $ENJ
📉7) Axie Infinity $AXS
📈8) Saito $SAITO
📉9) Cere $CERE
➡️10) The Sandbox $SAND

Bookmark this Gaming watchlist, and track what assets continue to rise and make it on to this leaderboard.

Read about our new methodology for covering development activity for over 3,000 projects.

📈🗣️ #Chainlink (+34%), #ImmutableX (+23%), and #Pyth (+26%) have all enjoyed impressive market cap growth in the past week. The mainstream crowd is discussing them at high rates, meaning #FOMO should lead to high volatility for these particular assets.

ImmutableX (IMX) has seen a considerable spike in profit-taking as seen in the Network Realized Profit/Loss indicator.

Active Addresses, Network Growth and Volume are all declining and producing lower highs while IMX price produces higher high.

Furthermore Exchange Flow Balance saw nearly 4 million IMX move into exchanges for potential redistribution.

MVRV 30-day has declined from 44% to 28% and indicates that 28% of IMX holders that bought the token over the past month are in profit.

Conclusion:

The redistribution sigs are apparent and its only a matter of time for IMX to slide lower.

From a TA-perspective, the daily FVG range, extending from $1.02 to $0.92 is where smart money might step in to buy the dips after redistribution.

• Akash G (Twitter: Mangyek0)