Forget Meme Coins — This GameFi Token Is Up 370% In a Week
Power Protocol (POWER), a GameFi token, surged 370% in a week following a $3 million investment from BITKRAFT Ventures.Summary
While meme coins cooled off, the GameFi sector has shown steady performance, highlighted by Power Protocol (POWER), which jumped 370% in a week, crossing $2.00.
The immediate catalyst was a $3 million investment from respected gaming VC BITKRAFT Ventures, bringing the total ecosystem funding to $15.5 million. POWER, which launched in December 2025, has seen cumulative gains exceeding 2,000% since its launch. However, technical analysis shows bearish divergence on the 4-hour chart, suggesting fewer aggressive buyers are entering at higher prices.
On-chain data reveals that smaller whales (holding 1M-10M POWER) have sold nearly 50% of their holdings, and the rally was significantly amplified by a $15.62 million short liquidation event, indicating leveraged mechanics rather than pure spot demand. Despite this, selling conviction appears weak due to low red volume during the recent pullback, and larger whales (holding 10M-100M POWER) have been accumulating. For the bullish case to continue, POWER needs a daily close above $2.09, with key resistance targets at $2.88 and $3.66.
(Source：BeInCrypto)