Share this article
Metaverse Token Gamium Surges 340% After Meta and Telefonica Partnership Announcement
The token has a market cap of $29 million and has surged by 340% over the past 24-hours.
Updated May 9, 2023, 4:09 a.m. Published Feb 28, 2023, 9:34 a.m.
Metaverse project Gamium’s native token GMM surged by 340% to $0.0025 on Tuesday after the project announced deals with social media giant Meta Platforms (META) and telecommunications firm Telefonica (TEF).
Gamium will work with Meta and Telefonica on the Metaverse Activation Program, an initiative launched to help and scale startups within the Web3 industry, according to an announcement on Monday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Startups will have access to proprietary technologies provided by Meta AI, they will also be given commercial support by both Meta and Telefonica.
This is not the first foray into Web3 for either Meta or Telefonica, Meta was the parent company of the Diem project that at one time planned to develop its own cryptocurrency. Telefonica, meanwhile, invested in a Spanish exchange last year and revealed that it enabled crypto purchases.
The majority of trade volume across GMN trading pairs has taken place on KuCoin, Gate and Uniswap. It has a market capitalization of $29 million and reached an all-time high of $0.0106 in April 2022, according to CoinMarketCap.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase rolls out stock trading, prediction markets and more in bid to become the ‘Everything Exchange’
Coinbase is dramatically expanding the assets available to trade on its platform, including novel cryptocurrencies, perpetual futures, stocks and prediction markets, starting with Kalshi.
What to know:
- Coinbase is expanding offerings on its platform, introducing hundreds of top stocks based on market cap, trading volume, etc, with plans to add thousands of additional stocks and ETFs over the coming months.
- Coinbase users will also be able to trade on the outcomes of real-world events like elections, sports, collectibles, and economic indicators, starting with Kalshi and more to be integrated over time.
- A new AI-driven wealth management advisory service has been introduced, as well as Coinbase Business to help startups and small businesses incorporate crypto.
Top Stories
