MGC Demonstrates Unwavering Strength Amid Crypto Market Turmoil: A Beacon of Resilience in Gaming Blockchain

Zug, Switzerland – After getting smashed down to $104,782 and causing $600-900M of liquidations across the board with Bitcoin’s crash in the crypto markets, Meta Games Coin (MGC) has proven itself a winner by not just surviving but thriving as other winners shut their doors. MGC is minted by Coin Factory, a part of the unique RZ Ecosystem, and the token's performance reflects not only the resilience of its play-to-earn model, but also how well its community-driven ecosystem is able to function. 

The latest drop, fueled by heightened trade tensions between the United States and China, Trump’s threat of 100% tariffs on Chinese imports and a U.S. government shutdown, erased billions from some of the largest cryptocurrencies. Flash-crashed On October 10, Bitcoin crashed downwards from over $120,000 to under $105,000 in an instant sell-off that led Altcoins such as Ethereum to fall more than reducing 20% within hours. This action caused weaknesses to become evident in overleveraged investments and connected markets, resulting in far-reaching panicked selling. 

But in the midst of it all, MGC was a contrarian play that stayed green and rose. As the market tanked today, MGC rose to approximately $3.63 by October 13th from roughly $3.56 on October 7 (a change of +1.10% in the last day) and +11.6% over the past two weeks.

Recording an all-time high price of $3.68 on October 13, MGC has shown exceptional strength with organic demand on DEX and the expansion of its community active involvement. This rise follows 15x over the past 12 months, showing it’s not just a speculative blip but is valued for more than trading gambits.

 “MGC taking off in the most unpredictable period of crypto history is, indeed, a clear proof that RZ Ecosystem has set its roots well,” shared Shervin Farigam - a Co-founder at Coin Factory. “Decentralized innovation and our emphasis on real-world utility of gaming protect us from the capriciousness of broader market sentiment. This crash demonstrates that confidence, game rewards, and an integrated service ecosystem for players can generate a lasting value.” 

The RZ Ecosystem, including MGC creates a perfect game economy with the use of blockchain enabling users to receive rewards from rankings and site usage. Part of RZ Oasis, it provides tools such as RZ DEX to facilitate trading and platforms for converting physical assets into digital currencies. Choosing to leave (CEX) listing behind for organic growth, MGC has generated a 1.1 million strong /devotee user base while being shielded from the cascading liquidations. 

As the crypto market is beginning to recover, with Bitcoin surpassing $114,000 again, MGC’s trajectory puts it in a strong position as an evergreen asset in the growing space that is decentralized gaming. Both investors and gamers are invited to visit the MGC Ecosystem at metagamescoin. -for-play and beyond at io.

About Meta Games Coin (MGC) and RZ Ecosystem 

The Meta Games Coin (MGC) is a cryptocurrency aimed at the gaming industry, powered by blockchain technology, which provides users with the opportunity to benefit from playing games inside R2Games’ growing game universe. With an emphasis on play-to-earn mechanics, it drives a suite of interconnected services via RZ Oasis that allows gamers to earn money for the skills they possess and the digital items they own in a fully decentralized setting. Having a current market cap that demonstrates strong adoption, MGC continues to push boundaries at the converging point of blockchain and entertainment. For more information, visit coinfactory.com or metagamescoin.io or subscribe to @MetagamesC on X.