Dec 18, 2023
Top-weighted gaming token in the Sygnum indices series
WEMIX's weightage increased from 10.3% to 16% in 10 months
WEMIX is 9th Largest Blockchain in Crypto Ranked by TVL (CoinMarketCap)
WEMIX, the native coin of the WEMIX3.0 blockchain ecosystem, has emerged as the top-weighted token by market capitalization in the gaming sector of the Crypto Sector Indices, the first institutional, rules-based crypto sector indices framework launched by global digital asset banking group Sygnum.
The weightage assigned to WEMIX increased from 10.3% in January to 16% (as of December 12) in just 10 months, topping the list which also includes tokens minted by The Sandbox and Gala Games. In another sign of its growing prominence and reach as a major cryptocurrency, WEMIX is currently in 9th position on CoinMarketCap's list of Largest Blockchains in Crypto Ranked by TVL, with potential for further growth momentum.
The Sygnum crypto sector indices track 21,000+ protocols, using a rules-based system to filter and allocate tokens with at least 0.01 percent of the total crypto market capitalization into 7 core and 38 emerging crypto sectors including gaming. They enable investors to conduct in-depth analyses into core and emerging sector use cases, compare relative market capitalization and performance as well as identify, rank and track leading protocols.