3 top gaming tokens are available at an attractive price as they have been on a downtrend from 1 week. We believe this could be a good buy or good shorting opportunity based on the charts!
In this article, we will look at some of the best gaming cryptos, based on their current price, weekly performance, future outlook, and news roundup.
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Axie Infinity (AXS) Price Prediction
Axie Infinity is a blockchain-based game that allows players to collect, breed, battle, and trade creatures called Axies. The game has a strong play-to-earn model, as players can earn AXS tokens and NFTs by participating in various activities. AXS is the native token of the game, and it is used for governance, staking, and marketplace transactions.
- Current price: $7.90
- Weekly performance: -8.14%
The price is consolidating inside the symmetrical triangle. Currently, the price is bouncing from the support trendline of the triangle. We have to wait for a successful breakout or breakdown.
- Future outlook: Axie Infinity is one of the most popular and successful games in the crypto space, with over 2.5 million daily active users and over $2.4 billion in revenue in 2023. The game is constantly evolving and adding new features, such as land gameplay, Axie Origin, and Ronin sidechain. The game also has a strong community and a growing ecosystem of partners and developers. AXS is expected to benefit from the increasing demand and adoption of the game, as well as the scarcity and utility of the token.
- News roundup: Some of the recent news about Axie Infinity are:
- Axie Infinity Launches Its Own Fiat On-Ramp With MoonPay Integration
- Axie Infinity Partners With Animoca Brands to Bring REVV Token to Its Ecosystem
- Axie Infinity Announces Its First In-Game Event of 2024: Lunar New Year Celebration
Gala Games (GALA) Price Prediction
Gala Games is a platform that aims to empower players and developers by creating a decentralized gaming network. The platform hosts various games, such as Town Star, Mirandus, Spider Tank Project, and Echoes of Empire, each with its own NFTs and gameplay mechanics. GALA is the utility token of the platform, and it is used for governance, staking, and purchasing NFTs.
- Current price: $0.025370
- Weekly performance: -8.70%
The price is lying above the horizontal support zone of the descending triangle. Keep an eye on the breakout or breakdown.
- Future outlook: Gala Games is a platform that is constantly expanding and innovating, with a vision to create a metaverse of interconnected games and experiences. The platform has a large and active user base, with over 1.8 million accounts and over 18,000 node operators. The platform also has a strong team of industry veterans and advisors, such as Zynga co-founder Eric Schiermeyer and Atari founder Nolan Bushnell. GALA is expected to grow in value as the platform launches more games, NFTs, and features, as well as attracts more users and developers.
- News roundup: Some of the recent news about Gala Games are:
- Gala Games Launches Its Own NFT Marketplace: Gala Art
- Gala Games Integrates Chainlink VRF to Enhance Its Randomness and Security
- Gala Games Reveals Its Next Game: Legacy, a Blockchain-Based MMORPG
The Sandbox (SAND) Price Prediction
The Sandbox is a virtual world where users can create, play, and monetize their own games and experiences. The platform uses voxel graphics and a powerful game maker tool to enable user-generated content. The platform also has a metaverse of lands, which are NFTs that can be owned, customized, and monetized by users. SAND is the native token of the platform, and it is used for governance, staking, and crypto marketplace transactions.
- Current price: $0.4981
- Weekly performance: -8.52%
In a four-hour time frame, the price is moving inside the descending triangle. We have to wait for a successful breakout or breakdown.
- Future outlook: The Sandbox is a platform that has a huge potential to become a leading metaverse in the crypto space, as it combines the creativity of Minecraft with the economics of blockchain. The platform has a loyal and growing community, with over 1.3 million monthly active users and over 170,000 land owners. The platform also has a strong network of partners and collaborators, such as Atari, The Walking Dead, The Smurfs, and Snoop Dogg. SAND is expected to increase in value as the platform launches its public beta, introduces more games, NFTs, and features, and attracts more users and creators.
- News roundup: Some of the recent news about The Sandbox are:
- The Sandbox Partners With Binance to Launch a Dedicated Binance Smart Chain Land
- The Sandbox Launches Its Own NFT Music Platform: VoxEdit Music Maker
- The Sandbox Announces Its First In-Game Event of 2024: Winter Jam
Conclusion
Gaming is one of the most promising and exciting sectors in the crypto space, as it offers a new way of entertainment, creativity, and earning for users. Axie Infinity, Gala Games, and The Sandbox are some of the best gaming cryptos to buy , as they have strong fundamentals, performance, outlook, and news.
However, these are not the only gaming cryptos in the market, and there are many other projects that are worth exploring and investing in. As always, do your own research and due diligence before making any investment decision, and only invest what you can afford to lose. Happy gaming!
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