Onchain Gacha Spending Hits Record $324M as Bitcoin Slides

In June, onchain gacha spending reached an all-time high of $324.6 million, defying the downturn in Bitcoin's price. The cryptocurrency hit a 21-month low of $58,131 on June 25, but collectors continued to buy tokenized versions of physical trading cards, primarily Pokémon and One Piece.

The dominant player in this space is Collector Crypt, which processed over $209 million in June alone, accounting for roughly 64% of the entire onchain gacha market. This marks the fourth consecutive monthly record for the category.

The ecosystem is expanding rapidly, with platforms like Jupiter and Rarible entering the space. The CARDS token serves as a utility token, enabling pack purchases, marketplace trading, and platform governance.