Best Gaming Tokens to Add to Your Portfolio After the GameFi Sector Reaches $20B

By CoinPedia News
about 1 month ago
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The post Best Gaming Tokens to Add to Your Portfolio After the GameFi Sector Reaches $20B appeared first on Coinpedia Fintech News

The GameFi market is growing rapidly, and has recently ballooned to $20.8 billion in market cap according to CoinGecko data. Moreover, there are thousands of game-related altcoins to pick from. To streamline the decision-making process, and to enable traders and investors the opportunity to get the highest returns, we will dive into five of the best gaming tokens that anyone should add to their portfolio in 2024. By the end, we will determine which are the best play to earn games, and will help traders and investors choose the best gaming tokens to jump into.

Top Gaming Tokens to Jump Into for Massive Growth Potential in 2024

  1. KangaMoon (KANG) – A Platform That Integrates GameFi With Play-to-Earn (P2E) in a Virtual Boxing Environment
  2. Immutable (IMX) – The Layer-2 Gaming Development Platform Built on Ethereum Aiming to Simplify Web3 Game Development
  3. Beam (BEAM) – Enabling Gamers and Developers to Collaborate and Engage in Immersive Gaming Experiences
  4. Axie Infinity (AXS) – A Blockchain Game Where Players Collect and Mint NFTs
  5. Pixels (PIXEL) – A Gaming Platform That Enables Players Take On Tasks and Accumulate Crypto as a Reward

Best Gaming Tokens: An In-Depth Look

As the GameFi market has grown tremendously, building a diversified portfolio is essential. We will now take an in-depth look at all five projects to see which one can grow the most.

  1. KangaMoon (KANG) – A Platform That Integrates GameFi With Play-to-Earn (P2E) in a Virtual Boxing Environment

KangaMoon (KANG) is an upcoming project that will introduce Social-Fi elements and a community-driven approach, alongside Play-to-Earn (P2E) features which will enhance the way through which players interact with its platform. The ecosystem stands out as it not only allows players to earn KANG tokens, but they can also accumulate non-fungible tokens (NFTs) by engaging with the various gameplay elements, positioning it as one of the hottest P2E games.

Each player can access their own KangaMoon character, and through it engage in battles, tournaments, or even spectate other players and place bets in order to get rewards. The crypto has risen 290%, from $0.0055 to $0.0196 and has raised $5 million. By the end of the month, it can pass over $6 million, and at launch analysts are predicting a 100x price increase for this crypto, making it one of the best play to earn games to jump into.

  1. Immutable (IMX) – The Layer-2 Gaming Development Platform Built on Ethereum Aiming to Simplify Web3 Game Development

Immutable (IMX) is a Layer-2 scaling solution for Ethereum which enables developers the opportunity to easily create crypto games on top of the network. It also enhances the functionality behind NFTs by addressing high transaction costs or scalability issues, and as a result can offer developers, creators and even users seamless trading experiences.

As for the Immutable price performance the crypto is up 75% year-to-date (YTD). It went up from $1.77 to $2.61, and as a result has the potential to reach new heights. According to the Immutable price prediction it can end 2024 at $5.73, making it a solid project for online crypto gaming.

  1. Beam (BEAM) – Enabling Gamers and Developers to Collaborate and Engage in Immersive Gaming Experiences

Beam (BEAM) is a gaming-focused blockchain which was purpose-built to enable gamers and even developers the opportunity to engage in immersive gaming experiences and engage in various gameplay elements. It’s also empowered by the Merit Circle DAO. Moreover, when it comes to the Beam price performance, during the past week it surged from a low point of $0.02174 to $0.03205. 

As a result, the Beam crypto could soon experience a bullish price performance which will position it as a leader in the gaming space. According to the Beam price prediction it can end Q4 of 2024 at $0.0554. As a result, anyone can access online crypto gaming through this project.

  1. Axie Infinity (AXS) – A Blockchain Game Where Players Collect and Mint NFTs

Axie Infinity (AXS) is a blockchain game which was developed by Sky Mavis, and it has gathered a reputation due to its in-game economy that’s built on top of the Ethereum network. Within this virtual world, players can connect NFTs that represent Axies, and they can upgrade them, breed them, and battle them to earn cryptocurrencies.

During the past trading sessions, the Axie Infinity price has gone up from a low point of $6.45 to a maximum price of $9.66. As a result, the Axie Infinity price now needs to break past the $10 price barrier in order to reach new heights. Based on the on-chart metrics, the Axie Infinity price prediction indicates that it can reach $15.38 by the end of 2024. Players can earn crypto playing games like Axie Infinity as a result.

  1. Pixels (PIXEL) – A Gaming Platform That Enables Players Take On Tasks and Accumulate Crypto as a Reward

Pixels (PIXEL) is a gaming platform that bridges together the gaming sector and blockchain technology. On top of the platform players have the opportunity to complete different tasks, such as growing and tending to crops, decorating their lands, or completing quests in order to earn tokens in the process.

As for the Pixels price performance, during the past week the crypto moved up in value from a low point of $0.36 to $0.71, which marked a rapid upwards momentum. In addition, according to the Pixels price prediction, the crypto can end 2024 at $1.27.

What Are Blockchain Games and How Do They Work?

Blockchain games are essentially one of the most rapidly evolving segments of the industry and enable anyone the opportunity to complete tasks in order to earn. Unlike traditional games, here, anyone can retain ownership over any in-game items that they earn, in the form of NFTs. In some cases, these can be resold on the marketplace for additional crypto gains. The goal here is to bring back control to players. 

What Are the Different Types of Crypto Games That Are Available?

There are numerous types of crypto games, but the three most common ones include NFT games, Play-to-Earn (P2E) games and gambling-realted games.

Why Engage With Crypto Games, Pros and Cons?

The key pros of engaging with crypto games include earning rewards for playing and having true ownership over any in-game assets. However, the cons include a higher level of complexity and a steeper learning curve when compared to traditional titles.

Summary

The gaming sector is rapidly evolving and P2E titles are at the forefront. As a result, KangaMoon, Immutable, Beam, Axie Infinity and Pixels are the top 5 gaming tokens that traders and investors should add to their crypto portfolios for the most significant growth potential. 

Best Crypto Games: The Most Frequently Asked Questions (FAQs)

Can Players Get Money by Engaging With Crypto Games?

Players get the opportunity to engage with various gameplay elements in order to earn when engaging with crypto games. For example, they can complete quests, battle other players or do other exciting tasks to earn cryptocurrencies directly, or NFTs which can be sold for crypto down the line.

Which Are the Best Crypto Games to Get Into?

KangaMoon, Immutable, Beam, Axie Infinity and Pixels are our picks for the best crypto games to jump into based on their ecosystem, growth potential and reward percentages.

What Games Can Players Engage With to Get Real Crypto?

Players can engage with many crypto games to get real cryptocurrency rewards. One of the most notable projects as of recently has been KangaMoon as it not only enables them to earn KANG tokens but they can also earn NFTs. 

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://KangaMoon.com/

Join Telegram Community: https://t.me/KangaMoonofficial

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