EPIC (Epic Chain) rose 19.76% in the last 24 hours.

Gate News Bot news, July 18, according to CoinMarketCap data, as of the time of writing, EPIC (Epic Chain) is currently priced at $1.24, rising 19.76% in the last 24 hours, with a high of $1.25 and a low of $0.91. The current market capitalization is approximately $37.2 million, an increase of $6.15 million compared to yesterday.

Epic Chain is a blockchain platform focused on the tokenization of real-world assets (RWA), supporting entertainment and RWA tokenization, unlocking seamless ownership, liquidity, and new opportunities for creators, collectors, and investors. The platform features EVM compatibility, fast transactions, low gas fees, and provides a no-code toolkit for brands and creators to quickly launch tokens, storefronts, and other applications. Epic Chain is powered by the $EPIC token, available on multiple major trading platforms.

Important recent news about EPIC:

1️⃣ Blockchain game developer Epic Games actively expands business Epic Games has recently shown a positive development trend in multiple areas. The company plans to introduce AI characters in its popular game Fortnite, a move that carries certain risks, but also demonstrates Epic Games' foresight in technological innovation. At the same time, Epic Games announced the re-launch of content from Fortnite Chapter 1, a strategy that is expected to attract nostalgic players and enhance the game's popularity. These developments indicate that as an important player in the blockchain gaming sector, Epic Games is continuously exploring new directions for growth, which may have a positive impact on Epic Chain.

2️⃣ Epic Games continues to invest in the metaverse Epic Games previously secured $2 billion in funding to develop technologies related to the metaverse. The company's CEO also publicly discussed plans to collaborate with Disney to develop Fortnite experiences. These initiatives indicate that Epic Games is making significant strides in the metaverse space, which aligns closely with Epic Chain's focus on the tokenization of physical assets, potentially bringing more opportunities for the future development of Epic Chain.

3️⃣ Epic Games' groundbreaking initiatives in the blockchain gaming sector Epic Games recently announced that it will list adult-level blockchain video games on its platform, a decision seen as a significant boost for the entire industry. Additionally, the blockchain game Illuvium has successfully landed on the Epic Games store, marking an increasing acceptance of blockchain games by mainstream gaming platforms. These developments bring positive signals for the application prospects of Epic Chain in the gaming and entertainment sectors.

From a technical perspective, EPIC has seen a significant pump in the past 24 hours, reaching a high of $1.25, demonstrating strong upward momentum. However, investors should remain vigilant of the potential pullback risks.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.