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Over the past several months, the blockchain gaming industry has experienced an unexpected spike.
Over $476 million was raised by blockchain gaming startups in the first half of the year 2021 when the market was on an upward trend. The year 2022 is expected to see continued strong interest in play-to-earn cryptocurrency games.
In this article, we will cover the 7 top gaming cryptocurrencies which are worth investing in 2022 and are on the verge of exploding.
7 Top Gaming Cryptocurrencies To Invest In 2024
1. Battle Infinity (IBAT)
IBAT came out on top as the most valuable currency on a play-to-earn platform after we examined and contrasted the many top gaming cryptocurrencies.
Battle Infinity was able to create a realistic NFT fantasy game by combining several gaming features and making use of the Metaverse. Players have access to a variety of gaming environments, including the Battle Arena, the IBAT Premier League, and the Battle Stake.
Players that take part in Battle Infinity are eligible to accumulate prizes as they put together their squads. In addition, players have the opportunity to compete against one another in the Battle Stake to determine who will have the highest yearly percentage yield.
However, in order for gamers to begin using the platform, they will need to purchase IBAT, which can be done on Battle Swap. Once a player has gotten a prize, they are able to trade it in for another currency of their choosing.
IBAT gives users the ability to contribute to the global stake pool and activate advertisements on billboards that are contained within the game. This helps to reward players who are actively participating.
Players are able to enhance their gaming experience and receive extra prizes by using Battle Market, which places a value on things for which the gaming industry has not yet determined an appropriate amount. Battle Games gives users access to a variety of games, as well as the ability to buy and sell their gaming assets and their winning non-fungible tokens (NFTs).
In addition to being a gaming platform that enables participation while simultaneously exploring the Metaverse, updates for Battle Infinity may be found by joining the associated Telegram group. When taking into account this platform’s capacity for expansion, investors shouldn’t let their guard down.
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2. Gods Unchained (GODS)
Gods Unchained is a free-to-play, turn-based strategy card game in which players are able to take ownership of the in-game things they acquire.
The GODS token, which is used in the game, has made it onto the list of the most valuable crypto gaming coins currently available. The emphasis of the game is on competitive play, and players are required to outwit their opponents by constructing decks that can defend themselves against various strategies.
GODS is the native token asset of the ecosystem. It is an ERC-20 token that can be used to generate NFTs, make purchases within the game, and distribute prizes.
Gods Unchained has just launched a fresh new set of extremely potent trade cards, which can be purchased via the Gods Unchained online store.
The Mortal Judgment card set provides players with potent weapons that can help them dominate their gaming and get the better of their opponents. Players are provided with fresh monsters when they use the Mortal Judgment playing cards.
These creatures have ties to the cards and are armed with the ability to exert influence throughout the course of the game. In recent weeks, GODS has been engaging in a negative trend, and the price of the token, which is presently trading at $0.74, is moving sideways. The total value of the GODs gaming currency on the market is currently estimated to be $17 million.
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3. Axie Infinity (AXS)
One of the most impressive gaming systems to emerge in the cryptocurrency industry is called Axie Infinity. The platform is blockchain-based commerce and combat game, and its users have ownership and management responsibilities in some capacity.
Players of the cryptocurrency game are given the option to buy, gather, and trade the Axies, which are the game’s unique animals. Axies are a type of variation that may take on a wide variety of shapes and have access to around 500 different bodily parts.
The gaming platform has released its Origin game as part of its early access program, which enables people to try out the game and submit comments on how it should be improved before it officially goes on sale.
One of the early platforms for play-to-earn video games is called Axie (P2E). The gaming platform gives players AXS tokens, which are now worth $31.04 each.
The fact that Axie Infinity has a market valuation of $1.8 billion shows that there are a significant number of people that hold onto the asset. Keeping this in mind, AXS will be able to maintain its stability even as additional investors join the platform.
Your Capital is at risk
4. The Sandbox (SAND)
The Sandbox is a platform for online gaming that allows users to compete against one another and earn rewards.
The platform creates a decentralized environment for gamers by combining the distinctive qualities of DAOs and NFTs in a way that is compatible with smart contracts.
The SAND platform has an emphasis on the development of an innovative play-to-earn business model that enables users to simultaneously create games and play them.
Sandbox is getting ready to launch its third season of Alpha, which will enable new ways to engage with non-fungible tokens (NFTs) and bring usefulness to the space while simultaneously establishing an open Metaverse.
When compared to the price swings seen in the past, the present trading level of $2.10 for SAND constitutes a new support point. The value of the cryptocurrency asset on the market has increased by 3.37% in the previous twenty-four hours, bringing the total to $2.4 billion.
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5. Enjin Coin (ENJ)
Enjin is an innovative gaming platform that provides software development kits to developers so that they may generate in-game memorabilia and digital assets that are tied to the platform.
The native cryptocurrency of the network, ENJ, is locked away in smart contracts to ensure that the crypto asset retains its value in the real world. ENJ is now regarded as one of the most important crypto gaming coins.
Enjin plans to conduct changes to its affinity chain during the second quarter of 2022 in order to facilitate the distribution of crowd loan incentives. In addition to that, the platform will concentrate on beta testing NFT.io and the alpha release of efinity, which is an integrated platform that uses Enjin.
Enjin has outlined a plan for its continued growth and development, and as part of that plan, the company will concentrate on the security testing of its wallet 2.0. This will guarantee that user monies are kept safe. The platform provides its users with a native wallet, which enables for trouble-free trading of cryptocurrencies and NFTs.
The current price of ENJ is $1.09, giving the company a market size of $925 million. The cryptocurrency asset’s price has been making very slight swings recently, presenting investors with opportunities for scalping or quickly entering and exiting a market while retaining a profit.
Bearish analysis may be drawn from the chart as a whole, but investors should keep their fingers crossed for a more favourable outcome in the weeks to come.
Your Capital is at risk
6. ApeCoin (APE)
APE is a governance and utility token built on top of the ERC20 standard that is used to run the ApeCoin ecosystem.
The cryptocurrency asset, which was developed to incentivize and empower the decentralized community, currently holds a position as one of the most valuable crypto gaming coins in the industry.
ApeCoin holders are members of a decentralized autonomous organization (DAO) that governs the ecosystem and decides how it should be utilized.
The Decentralized Autonomous Organization (DAO) was established in order to construct and manage the ecosystem in an inclusive way and to offer infrastructure for holders of ApeCoin to engage with one another. Along with Lucky Block, this asset will be introduced to the cryptocurrency markets around the middle of March 2022.
The governance token that is built on Ethereum has seen significant price increases over the course of the past several days on the market. The recent announcement made by OpenSea, which is the world’s largest NFT platform measured by trade volume, is responsible for this build-up.
OpenSea just made the announcement that ApeCoin (APE) would now be recognized as a valid method of payment. The NFT marketplace once exclusively accepted ETH for payment, but recently expanded its acceptance to include holders of APE.
The price of ApeCoin shot up by more than $27 on April 28 after the news. ApeCoin’s price is very unpredictable and has recently retraced to the $12-$17 range.
Its market cap is now estimated at about $4 billion. In addition, it is possible to collect interest on ApeCoin while you retain it, which assists in maintaining the stability of your portfolio despite fluctuations in price.
Your Capital is at risk
7. Star Atlas (ATLAS)
In the virtual gaming Metaverse, players compete against one another in the online multiplayer game Star Atlas. The game blends a variety of genres and features, one of which is strategy.
Keeping this in mind, players are required to devise strategic plans of action in order to engage in conflict with other groups. Deep space exploration, space battles, and the construction of space stations and spacecraft are the three primary pillars of the gameplay.
A partnership between Star Atlas and the Sandbox has been developed with the goal of revolutionizing the gaming interoperability between Ethereum and Solana.
The partnership will result in the Star Atlas Vox Edit competition, which will provide players with the opportunity to represent the Sandbox in a competitive setting. The envoys are going to pay a visit to ONI, Ustur, or MUD, which are the three most important galactic functions in the Star Atlas Metaverse.
There, they will compile reports on what they discover based on their findings. They will generate the report by utilizing the free VoxEdit software that is provided by the Sandbox in order to produce a picture of one of the residents of the faction.
ATLAS, Star Atlas’s native token, is promoted by the company as being among the most valuable cryptocurrencies for use in gaming.
The crypto asset known as ATLAS is now trading at $0.001, and it has a total market capitalization of $36.4 million. Investors have the ability to profit from the upcoming rise that is related to the recent cooperation thanks to the downturn that is now occurring.
Your Capital is at risk
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