The global market for digital assets witnessed positive movements, albeit with a slight uptick, as Bitcoin (BTC) managed to reclaim the $68,000 price level. During this period of modest growth, BEAM emerged as the top performer of the day, setting new records.

BEAM Soars

Data reveals that the price of Beam surged by over 35% in the past 24 hours, reaching a significant milestone. This impressive one-day increase propelled the token to the forefront as the most talked-about gaming token. BEAM's price has surged by 99% year-to-date (YTD) but has experienced an 8% decline in the last 90 days.

The 24-hour trading volume of Beam witnessed a staggering 850% surge, reaching $153.9 million. This surge enabled the cryptocurrency to surpass the $0.026 mark and hit $0.035 directly. Despite this surge, it remains 22% below its all-time high (ATH) of $0.0443, recorded just three months ago. BEAM currently holds a market cap of $1.62 billion.

The primary reason behind the surge in BEAM's price is attributed to its listing on the South Korean crypto exchange Upbit. Upbit will support trading pairs in KRW, BTC, and USDT, with trading scheduled to commence on May 31 between 18:00-19:00. This listing is crucial for the Beam network, as BEAM tokens are integral to payment transactions.

Other Gaming Tokens

BEAM's significant surge has had a positive impact on gaming-linked cryptocurrencies, leading to a marginal uptrend over the last day. The overall market cap of gaming tokens stands at about $27.3 billion, with a trading volume of $3.2 billion. BEAM's 48% price surge in the past 30 days has propelled it to become the third-largest gaming token, surpassing GALA.

GALA, on the other hand, has experienced a decline of 34% in the last 60 days, indicating the momentum it has been facing. The current average trading price of GALA is $0.042, with a market cap of $1.3 billion.

Despite its lackluster performance, Immutable (IMX) remains the leading cryptocurrency in this category. IMX has seen a price decrease of 32% in the last 90 days and is currently trading at an average price of $2.14.