Gaming based tokens are in the line for potential returns in the short-term. These gaming cryptos have a bright future ahead as the metaverse and AI space continues to grow alongside the gaming world.
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Table of Contents
Alien Worlds (TLM Price Prediction)
TLM is the native token of Alien Worlds, and it is used to back the value of the NFTs minted on the platform. TLM can also be used to pay for network fees, participate in planet DAOs, and access various features and benefits in the game.
TLM has a total supply of 10 billion, and a circulating supply of 3.87 billion. TLM is currently ranked #552 by market cap, with a value of $0.01671 and a 24-hour trading volume of $9.67 million.
Clear formation of cup and handle pattern. Currently, it is breaking the neckline of the pattern. After a breakout, it will pump hard.
TLM has shown a positive performance in the last week. The coin reached a weekly high of $0.01851 on 25 Feb, and a weekly low of $0.009223. TLM has been boosted by the increasing popularity and demand for NFTs, especially in the gaming sector, as well as the launch of a quiz contest by Binance with a reward of 700,000 TLM.
Gala (GALA Price Prediction)
GALA is used to purchase NFTs and other items in the games, as well as to reward the node operators who secure the network. GALA can also be used to participate in the governance of the platform, and to access exclusive features and benefits.
GALA has a total supply of 50 billion, and a circulating supply of 34.18 billion. GALA is currently ranked #82 by market cap, with a value of $0.03019 and a 24-hour trading volume of $77.93 million.
The price has broken the descending triangle. A retest would serve as a bullish confirmation. Keep an eye on it.
GALA has shown a remarkable performance in the last week. The coin reached a weekly high of $0.03038 on 26 Feb, and a weekly low of $0.0264 on 20 Feb. GALA has been driven by the growing interest and adoption of blockchain gaming, as well as the launch of Sora, a text-to-video AI product by OpenAI, which uses GALA for rendering.
Enjin Coin (ENJ Price Prediction)
ENJ is the native token of Enjin, and it is used to back the value of the blockchain assets issued using its platform. ENJ can also be used to pay for network fees, access premium features and benefits, and participate in the governance of the platform.
ENJ has a total supply of 1.79 billion, and a circulating supply of 1.41 billion. ENJ is currently ranked #145 by market cap, with a value of $0.3525 and a 24-hour trading volume of $31.59 million.
The price has broken the falling wedge and retested successfully. Soon, we will see a bullish rally in $ENJ.
ENJ has shown a positive performance in the last week. The coin reached a weekly high of $0.3632 on 25 Feb, and a weekly low of $0.3169 on 20 Feb. ENJ has been supported by the increasing demand and innovation in the NFT space, as well as the launch of a 1:1 token migration to a new contract address.
Conclusion
Gaming crypto projects are among the most promising and exciting sectors in the crypto space, as they combine the best of both worlds: gaming and blockchain. Alien Worlds, Gala, and Enjin are three examples of gaming crypto projects that have shown strong performance and potential in the last week, and are worth considering for investors who want to diversify their portfolio and tap into this growing market.
However, as always, investors should do their own research and be aware of the risks and opportunities of investing in crypto.
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