The blockchain gaming market is becoming more popular, and new games are being developed with more interesting gameplay that attracts different demographic categories. Many of these projects are now incorporating NFTs, decentralization, finance, and metaverse add-ons to blockchain games to attract investors.
Crypto experts like Michael Van de Poppe have forecasted that the use of gaming tokens will only increase this year making investors interested in such tokens. So here are five of the gaming tokens that investors have the opportunity to get amazing returns this year.
Contents
- 1 KangaMoon (KANG), A Gaming Project That Blends GameFi And Social-Fi Features Together
- 2 Immutable (IMX): Revolutionizing the Blockchain Gaming Space With Zero Fees
- 3 Axie Infinity (AXS), One of the Best Play-to-Earn Gaming Platforms
- 4 Illuvium (ILV), A Fantasy Battle Game
- 5 Gala (GALA): The Decentralized Gaming Platform
- 6 Why Gaming Tokens Are A Must-Have In 2024
- 7 High Growth Potential
- 8 Strong Community Support
- 9 Real Ownership and Utility
- 10 Diverse Use Cases
- 11 In Conclusion
KangaMoon (KANG), A Gaming Project That Blends GameFi And Social-Fi Features Together
KangaMoon (KANG) is one of the newest P2E games that is making waves in the gaming space. It blends the benefits of Social-Fi and GameFi together. Unlike most gaming platforms, KangaMoon is community-driven. It provides players access to a platform where they can take part in gaming activities and earn rewards.
This is part of KangaMoon’s GameFi utility. It hosts weekly and monthly competitions that players can join to win exciting rewards. Those who do not want to take part in the crypto games can bet on other players and win rewards, too. These rewards could be NFTs, avenues to earn free tokens and lots more.
At the moment, KangaMoon has left a mark in the gaming ecosystem, even as a presale project. It has onboarded over 32,000 users so far and raised $6.9 million throughout its presale. Its current aim is to raise $7 million. KANG has also been listed on CoinGecko and CoinMarketCap, giving the project more momentum.
The price of KangaMoon’s native token, KANG, has skyrocketed from $0.005 to its current price of $0.025. Investors who put in their money in the early days have reaped a 400% return. KANG’s next listing is on the BitMart exchange, which analysts have predicted will spark a massive rally for KANG.
Immutable (IMX): Revolutionizing the Blockchain Gaming Space With Zero Fees
Immutable (IMX) is one of the best crypto games that gives its users access to the gaming ecosystem. One reason why Immutable has grown over the years is its zero gas fees. Immutable provides zero gas fees for peer-to-peer trading for its users.
Another factor is that the Immutable network is a layer two scaling solution and hence high security. So, all those players that are concerned about their safety need not worry at all. IMX is the token created for this platform, and it is used for staking, paying transaction fees, and governance. The IMX gaming token has been forecasted to rally from $2.3 to a high of $5 in 2024.
Axie Infinity (AXS), One of the Best Play-to-Earn Gaming Platforms
Axie Infinity (AXS) is a popular blockchain-based game that mixes elements of traditional gaming with blockchain technology. The gaming platform has gained major attention in the gaming sector due to its play-to-earn model.
This model allows players to earn real-world income when they take part in one of the best crypto games on the Axie Infinity platform. The Axie Infinity coin is currently bullish on the weekly price chart after a bearish period. With its price currently fluctuating between $6.64 and $7.54, analysts are bullish that its value will rise to $10 in 2024.
Illuvium (ILV), A Fantasy Battle Game
Illuvium (ILV) is an exciting open-world fantasy battle game built on the Ethereum blockchain. Also, usually called the first AAA game on the Ethereum platform, it is suitable for different players. In Illuvium you’ll get to journey through a huge digital world and capture vicious monsters called Illuvials.
These creatures can be utilized to make teams and also used for fighting with different participants. The game has qualities of exploration and turn-based strategy which make for a good entertainment element. Its native token is ILV, which is used for staking and governance.
Gala (GALA): The Decentralized Gaming Platform
Gala (GALA) is a decentralized gaming system that puts the control in the gamer’s hands. Game developers can also design new games on the blockchain, allowing the players to hold full rights to their items.
The Gala network possesses the Gala token, a virtual currency that powers the ecosystem. GALA coin has been listed in the bull market with a 13% gain on the weekly chart. Given the growing n of GALA, it could rally from $0.0441 to $0.5 this year.
Why Gaming Tokens Are A Must-Have In 2024
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High Growth Potential
The first reason why gaming tokens are a must-have is that they have high growth potential. This is because they a linked to the gaming sector, which is worth billions of dollars. Statistics reveal that this sector was worth $154.46 billion in 2023, a massive figure that gaming tokens can jump on for massive growth. The market is expected to grow at a CAGR of 21.8% to $614.91 billion in 2030.
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Strong Community Support
The other reason why gaming tokens are a must have is because those with many players and investors are very successful. This helps to push the creation of an environment that is active and supports a project to become effective in the long term.
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Real Ownership and Utility
Traditional games do not allow the player to own the crypto assets; however, crypto games allow them to do so. This implies that players manage their digital assets as they deem fit.
The gaming tokens also allow the purchase of assets on their platforms or convert the tokens to other assets or real cash. This tangible utility makes gaming tokens like KangaMoon a must-have and a good crypto investment.
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Diverse Use Cases
Gaming tokens often serve multiple functions within their ecosystems, from governance and staking to transactions and rewards. For example, KangaMoon’s token, KANG, is used for in-game rewards, providing multiple avenues for generating returns and engaging with the platform.
In Conclusion
Gaming projects are due for a big increase in 2024, and KangaMoon is a blockchain game that is on the rise. The others comprise Immutable, Axie Infinity, Illuvium, and Gala. Thus, investors who do not want to miss on the gains and beneficial P2E dividends these projects offer should jump in before it is too late.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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