GMATRIXS Partners with GamePad to Enhance Web3 Ecosystem

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 hour ago

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Partnership Background: GMATRIXS's collaboration with GamePad aims to merge GMATRIXS's innovative ecosystem with GamePad's advanced infrastructure, driving the development of Web3 gaming and DeFi architecture, thereby enhancing overall blockchain adoption.
Infrastructure Advantages: GamePad provides scalable execution models that effectively manage liquidity and cross-chain interoperability, ensuring minimal friction in the use of decentralized networks, thus enhancing user experience and project scalability.
Market Trend: This partnership reflects a market shift towards prioritizing adoption and scalability over standalone capabilities, emphasizing the importance of network-wide accessibility and efficiency, and promoting the convergence of GameFi and DeFi.
Future Outlook: GMATRIXS views this collaboration as a significant step towards developing a scalable and inclusive Web3 network, expecting to attract more users to decentralized applications and further solidify the market leadership of both companies.

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Technical Analysis for DEFI

Technical Sentiment Analysis for DeFi (DEFI). As of , DeFi (DEFI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 6 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DEFI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, DEFI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

DeFi (DEFI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00014	0.000162	0.000186	0.000208	0.000232	0.000254	0.000278
Fibonacci	0.000162	0.00018	0.000191	0.000208	0.000226	0.000237	0.000254

About DEFI

De.Fi is Web3 Antivirus & SocialFi SuperAppSince launching in July 2020 the platform has grown to over 5 million users in 2023 and $25 billion in user funds tracked.De.Fi has been protecting users from bad-actors in web3 & preventing scams from happening for over 4 years, as well as shipping leading portfolio-tracking & security solutions; De.Fi Antivirus has already protected over $1.2B in users funds from being lost to web3 scams.De.Fi is the inventor behind numerous superior web3 tools, among them:Crypto's First Antivirus - de.fi/scannerCrypto's Most Advanced Revoking Tool - de.fi/shieldCrypto's Largest SocialFi - de.fi/claimCrypto's First Security Market Page - de.fi/market/securityCrypto's First Audit Database - de.fi/audit-databaseCrypto's First REKT Database - de.fi/rekt-databaseHere's an article about De.Fi by Coinmarketcap - https://coinmarketcap.com/academy/article/what-is-dedotfi

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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