Tower gaming crypto token soars 214% as smart money piles in

A gaming crypto token created by Animoca Brands has surged 214% over the past month and caught the eye of savvy investors after the company’s popular chairman, Yat Siu, gave it a social media boost.

Tower was the fifth-most popular cryptocurrency among smart investors on the Base network over the past seven days, according to onchain analytics platform Nansen.

Tower is a utility token used across a slew of Animoca titles, including play-to-earn mobile defense game Crazy Kings, Crazy Defense Heroes and real-time PvP fighting game Wreck League.

Siu said the hype for the token came down to excitement around the reboot of Wreck League, as well…