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HomePress ReleaseGameFi Market Cap Reaches Over $30 Billion – Best Gaming Tokens To Diversify With To Stay Ahead

GameFi Market Cap Reaches Over $30 Billion – Best Gaming Tokens To Diversify With To Stay Ahead

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As the Web3 space evolved, GameFi became one of the most popular ways through which people interacted with the industry. In fact, according to data from CoinGecko, the GameFi market reached $30.6 billion, marking a monumental milestone for the sector and the overall industry.

It’s clear that enthusiasts enjoy and even explore a variety of different gaming-related projects, and out of them, we will be going over the best gaming tokens anyone can diversify with, that have high-growth opportunities and can provide massive ROI. Out of them, KangMoon (KANG), Floki (FLOKI), Gala (GALA), The Sandbox (SAND) and Decentraland (MANA) have stood out the most, and today, we will go over each one to see how far they can climb.

The Best Gaming Tokens to Diversify With in 2024

The section below provides a quick overview of some of the best gaming tokens to watch out for right now.

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  1. KangMoon (KANG)
  2. Gala (GALA)
  3. The Sandbox (SAND)
  4. Decentraland (MANA)

Best Gaming Tokens Reviewed – What to Watch Out for

We will be reviewing the best crypto gaming cryptocurrencies through analyzing their use-cases, token price histories and overall performance.

1. KangMoon (KANG)

KangaMoon (KANG) can experience a remarkable level of growth in the GameFi space, as it introduces a rich ecosystem filled with a variety of different features favored by Web3 enthusiasts and gamers. For example, it will feature a community-driven approach, alongside Social-Fi elements. In addition, it will integrate Play-to-Earn (P2E) elements, which makes it one of the most exciting gaming tokens.

This means that players can connect globally, challenge each other to fight in tournaments, and test their skills. Moreover, they can get rewards by participating in community events or winning matches. They can also access a dedicated marketplace, where they can buy, sell or trade in-game assets with ease, alongside characters and overall digital collectibles that are rare.

During its blockchain ICO, the KangaMoon crypto has experienced a major jump in value, where it went from a low point of $0.005 to $0.014, where it trades now during Stage 4. Moreover, this marks a 180% price upswing, and the presale has raised over $3M, and is nearing the $3.5 million mark. Analysts are projecting a 100x price upswing, making KANG the go-to crypto for 2024. As a result, the KangaMoon’s ecosystem can offer one of the top crypto games for 2024 and can spike in value.

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2. Gala (GALA)

Gala (GALA) is a utility token that’s used to empower the Gala Games ecosystem, which is a Play-to-Earn (P2E) platform featuring a wide range of P2E games within its ecosystem. GALA is used to buy NFTs within the dedicated Gala Shop as-well.

Moreover, the Gala price surged 70.3% in the past year, and is up 125% in the past month alone. As for the weekly price performance, the Gala price went up from $0.05133 to $0.06988. According to the Gala price prediction, it can end 2024 at $0.0886.

3. The Sandbox (SAND)

The Sandbox (SAND) is a dedicated virtual gaming platform built on top of the blockchain that enables players the opportunity to buy, sell or even create digital assets. It consists of lands, which are represented on NFTs and are secured by the Ethereum blockchain, and its also seen as one of the top crypto games.

Going over its on-chart performance, The Sandbox price surged 34.5% on the monthly chart, and is up 12.1% on the weekly chart. During this time, the crypto went up from $0.55 to $0.69, and according to The Sandbox price prediction, it can end 2024 at $1.04.

4. Decentraland (MANA)

Decentraland (MANA) features its own 3D digital environment which features blockchain games and social elements. It’s also user-owned, built on top of the Ethereum blockchain, and lets users be a part of a shared digital experience. Here, they can play games, exchange any collectables they have and even buy, sell or trade digital real-estate or wearables in the form of NFTs.

As for the value of the cryptocurrency, the Decentraland price increased 33.8% on the monthly chart. It’s also up 9.2% on the weekly chart as it moved from $0.555 to $0.664. According to the Decentraland price prediction, it can end 2024 at $6.42.

What Exactly Are Gaming Tokens or GameFi Cryptocurrencies?

GameFi is a term that describes gaming as well as finance. Gaming-based cryptocurrency projects have the objective to incentivize players by providing opportunities through which they can earn. Through P2E, players can access NFT avatars that they own and can resell, and even tokenized reward in the form of cryptocurrencies.

Are GameFi Cryptocurrencies a Good Investment Opportunity?

GameFi projects and their native cryptocurrencies do provide a lot of value in the form of earning rewards, potential for long-term growth, and the opportunity to monetize time by participating in the ecosystems or projects they power.

How Do You Find the Best GameFi Cryptocurrencies for High ROI Opportunities?

The best way to find GameFi projects and cryptocurrencies that can offer significant ROI is to search through reputable platforms, analyze cryptocurrency presales like KangaMoon, and buy them on reputable platforms such as CEXs or DEXs with high liquidity.

Conclusion

It’s clear that there has been a rapid level of growth in the gaming sector, and GameFi digital assets have the potential to experience far more significant growth in the long-term.

Out of all of the projects, KangaMoon can offer the highest ROI as analysts project a 100x price upswing, and there is even a 10% bonus on any purchases made during Stage 4 of its presale, providing even more value to anyone jumping into it now.

FAQs

Which Are the Best GameFi Cryptos?

There are a lot of GameFi cryptocurrencies to pick from, but based on our research, KangMoon (KANG), Gala (GALA), The Sandbox (SAND) and Decentraland (MANA) are the best ones available.

What Are Coins Used for in Blockchain-Based Gaming?

They serve a wide range of use-cases, and can be used for the payment of in-game items or NFTs, participating in the marketplace, staking, governance, and much more. Typically, they are given as rewards for completing quests or winning competitions.

How Do GameFi Cryptos Work?

GameFi cryptocurrencies offer in-game opportunities for earning. They essentially combine gaming with finance, and players can leverage tradable NFT and cryptocurrency rewards to monetize gaming activities.

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

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