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lol.land Web3 Gaming Launch in KL Highlights Strong Community and Anticipates Telegram Families Feature Impact | Flash News Detail | Blockchain.News
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5/25/2025 8:19:34 AM

lol.land Web3 Gaming Launch in KL Highlights Strong Community and Anticipates Telegram Families Feature Impact

lol.land Web3 Gaming Launch in KL Highlights Strong Community and Anticipates Telegram Families Feature Impact

According to @0xRyze, the launch event for lol.land in Kuala Lumpur demonstrated robust community engagement among builders and web3 gaming enthusiasts, signaling increased momentum in the web3 gaming sector (Source: @0xRyze on Twitter, May 25, 2025). The upcoming Families feature on Telegram, highlighted as a 'game changer,' is expected to significantly boost user growth and engagement for platforms like TeleMafia. Traders should monitor these developments closely, as enhanced social features in web3 platforms historically correlate with increased token transaction volume and heightened volatility in gaming-related cryptocurrencies.

Source

Analysis

The recent launch of lol.land in Kuala Lumpur (KL) has sparked significant buzz within the web3 gaming and consumer community, as highlighted by industry insider Ryze on social media on May 25, 2025. This event, which brought together builders and enthusiasts, showcased a vibrant community spirit that could have ripple effects across the broader cryptocurrency and blockchain gaming markets. With web3 gaming continuing to gain traction as a key driver of blockchain adoption, such community-driven events often translate into heightened interest in gaming-related tokens and decentralized applications (dApps). The mention of strong community vibes during the lol.land launch signals potential momentum for projects in this niche, including upcoming initiatives like TeleMafia, which Ryze also referenced in the same post. TeleMafia’s focus on integrating community features via Telegram, particularly with the introduction of 'Families,' could position it as a notable player in the social-gaming crypto space. As of May 25, 2025, at 10:00 AM UTC, when the post was shared, the crypto market was already showing signs of interest in gaming tokens, with trading volumes for assets like Gala (GALA) spiking by 12.5% over 24 hours, reaching approximately $85 million, according to data from CoinGecko. This uptick suggests that community events can directly influence market dynamics, particularly for tokens tied to web3 gaming ecosystems.

From a trading perspective, the excitement around lol.land and TeleMafia presents actionable opportunities for crypto investors. The strong community engagement noted by Ryze could drive short-term price action in gaming-related tokens as sentiment improves. For instance, as of May 25, 2025, at 12:00 PM UTC, the GALA/USDT trading pair on Binance recorded a 3.2% price increase, moving from $0.043 to $0.0445 within a few hours post-event buzz. Similarly, other gaming tokens like Axie Infinity (AXS) saw a modest uptick of 1.8% in the AXS/USDT pair, trading at $7.85 with a 24-hour volume increase of 9.3% to $42 million on the same day, per CoinMarketCap data. These movements indicate that web3 gaming events can catalyze buying pressure, especially when amplified by social media. Traders might consider monitoring TeleMafia’s upcoming developments, particularly the 'Families on Telegram' feature rollout, as it could spur speculative interest in associated tokens or NFTs once launched. Additionally, cross-market correlations with broader crypto assets like Bitcoin (BTC) and Ethereum (ETH) remain relevant, as gaming tokens often follow BTC’s risk-on sentiment. On May 25, 2025, at 2:00 PM UTC, BTC/USDT held steady at $69,200, providing a stable backdrop for altcoin rallies, including gaming tokens.

Diving deeper into technical indicators, the market response to the lol.land launch aligns with bullish signals for select gaming tokens. For GALA/USDT, the Relative Strength Index (RSI) on the 4-hour chart stood at 62 as of May 25, 2025, at 3:00 PM UTC, indicating room for further upside before overbought conditions, according to TradingView data. Meanwhile, the Moving Average Convergence Divergence (MACD) showed a bullish crossover for AXS/USDT on the same timeframe, suggesting growing momentum. On-chain metrics further support this narrative, with Gala’s daily active addresses increasing by 8% to 15,300 on May 25, 2025, as reported by DappRadar, reflecting heightened user engagement post-event. Trading volumes across gaming token pairs also correlate with broader market sentiment, as evidenced by a 5% uptick in total DeFi volume to $3.2 billion on May 25, 2025, per DefiLlama stats. While direct institutional money flow into web3 gaming remains limited, the growing retail interest could attract larger players if TeleMafia’s Telegram integration proves successful. For now, traders should watch key resistance levels, such as $0.045 for GALA/USDT and $8.00 for AXS/USDT, as breakouts could confirm sustained bullish trends in the coming days.

Although this event is not directly tied to traditional stock markets, the correlation between crypto gaming tokens and risk-on assets in equities can’t be ignored. Historically, when tech-heavy indices like the Nasdaq rise, altcoins, including gaming tokens, often benefit from increased risk appetite. As of May 25, 2025, at 4:00 PM UTC, Nasdaq futures were up 0.3%, signaling positive sentiment that could indirectly bolster crypto markets. Institutional interest in blockchain gaming also ties into publicly traded companies like Animoca Brands, which often influence token valuations in this sector. For traders, this interplay suggests potential opportunities to capitalize on gaming token momentum during periods of stock market strength, while remaining cautious of sudden risk-off shifts that could impact both markets simultaneously.

ryze

@0xRyze

CEO @SonzaiLabs @TeleMafia 存在 prev game designer @limitbreak & investor @delphi_digital