Animoca’s Tower Token Surges 214% — Is Web3 Gaming Heating Up Again?

[johnblockbuster]

Animoca Brands’ Tower (TOWER) token has been on an absolute tear, pumping 214% in the past month — and yes, it’s turning heads.

The rally kicked off after chairman Yat Siu gave the token some love on social media, tying the hype to the reboot of Wreck League, Animoca’s PvP fighting game, plus some strong trending action on Base and Farcaster.

What’s Driving Tower?

Utility token across Crazy Kings, Crazy Defense Heroes, and Wreck League.

Available on Ethereum, Solana, TON, and Polygon.

Animoca announced open-market buybacks starting August 5, a classic bullish move that reduces supply.

No investor presale — it was one of Animoca’s first true community Web3 gaming tokens.

At the time of writing:

$TOWER = $0.0019 (+214% in 30 days).

For context: ETH is “only” up 27% (to $4,534).

Still down ~99% from its 2021 ATH, but hey, welcome to gaming tokens.

The Community Vibe

Boxmining: “$TOWER reversal is gonna melt faces.”

Hoogie: “It’s not just a gaming token.. It’s a builder-powered ecosystem.”

Saanjana Nikita: Calls it a “bear market gem.”

Clearly, the Web3 gaming crowd sees this as more than just a meme pump.

Bigger Picture: Web3 Gaming Momentum

$60M invested in July into Web3 gaming (DappRadar). That’s a 94% jump from June.

Daily active wallets in blockchain gaming up 2% to 4.9M.

opBNB, Sei, and Ronin networks are leading the way.

Big moves: Gunzilla Games’ Off The Grid launched on PlayStation/Xbox/PC, while Lumiterra on Ronin cracked 300k daily wallets.

Even outside of tokens, the space is buzzing with activity.

Bonus Round: AI in Gaming

Immutable’s game director Patrick Wagner says AI won’t replace devs anytime soon:

“I’ve yet to see a game built fully by AI that’s actually successful and fun.”

So for now, it’s humans 1, AI 0 — though AI might still speed things up behind the scenes.

Forum Question:
Do you think $TOWER is just riding hype (and destined for another 99% retrace), or is this the start of Web3 gaming’s real comeback?

[Nahid10]

The 214% run definitely looks like hype fuel, but the difference this time is context. $TOWER isn’t just a random token — it’s tied to a playable ecosystem (Crazy Kings, Crazy Defense Heroes, Wreck League) and Animoca is putting real skin in the game with buybacks. That combination of utility + supply reduction is rare in GameFi. Yes, it’s still ~99% off ATH, but honestly, that might be the setup: the sector is quietly heating up with $60M fresh investment, Ronin gaining traction again, and multi-chain support (ETH, SOL, TON, Polygon). If Web3 gaming makes a comeback, $TOWER is positioned to ride the first wave.

[jacson4]

At the same time, we’ve seen this movie before. Tokens pump on community hype and “the big comeback” narrative, then retrace brutally once retail realizes the fundamentals haven’t changed overnight. For $TOWER to be sustainable, Wreck League needs sticky users, not just social buzz, and Animoca needs to keep proving they can integrate gameplay with tokenomics better than the last cycle. Web3 gaming as a sector looks alive again, but I’m not ready to call this pump the start of a secular bull trend — could still be a short-term play unless the usage metrics really follow through.