The playing space has definitely improved over time. After blockchain technology entered the gaming world, it is at a new high! Digital coins are taking the spotlight by reshaping everything from in-game assets to economies and governance systems. Not only that, but your gaming passion can now actually translate into real earnings. How good does that sound?
But with so many options, where do you start? This comprehensive guide reveals the top 10 gaming altcoins poised to dominate the 2024 market, exploring each token’s unique features, earning potential and expert predictions.
Are you ready to level up and potentially score big? Then jump in and discover the future of gaming!
What are Gaming Altcoins?
Gaming altcoins are virtual currencies designed exclusively for gaming worlds. They make in-game purchases, reward players and handle transactions between players and developers. Powered by blockchain technology, these altcoins ensure security, transparency and decentralization in gaming economies. In simple terms, think of them as digital tokens that you earn or spend while playing, bringing extra perks to your gaming experience.
We have compiled a list of the top ten gaming altcoins to profit in 2024! Let’s explore this further.
Top 10 Gaming Altcoins to Watch Out For
Axie Infinity:
This Pokemon-inspired platformer is one that should be at the top of the list for some definite reasons. It lets the players buy, trade and fight creatures called Axies. The Axies are non-spinning tokens and one must buy a minimum of three to start playing. The game became a favorite among people in 2021 as the players could earn AXS tokens for playing. Some of them reported earning hundreds to thousands of dollars worth of crypto per month! Isn’t it unreal?
Over 75% of active monthly users play Axie Infinity every day, so it’s good to keep people coming back. The current price of the AXS token is $8.64 and the market has bullish sentiments about the coin. It has a score of 79, i.e. extreme greed on the Fear and Greed index. We recommend this gaming altcoin for your basket in 2024.
Sandbox
The Sandbox is a decentralized space where players create their own 3D game worlds using visual scripting tools. Yes, you read that right! The games require no coding knowledge! Players have the privilege to make games and store assets on LAND (digital real estate). SAND tokens power the Sandbox ecosystem.
Currently, Sandbox has gathered a large list of partnerships that can help it with its user base. Celebrities like Snoop Dogg and Deadmau5 are also actively involved in Sandbox. We are optimistic about its performance in 2024.
It is currently priced at $0.55 with 72 (greed) on the fear and greed index!
Bitcoin Dogs
The native token, $0DOG, is set to launch as the first ever ICO on the Bitcoin blockchain. The Bitcoin Ordinal technology powers the token. It is an amalgamation of meme coins, NFTs and Ordinals, where the project aims to go where no one has gone before. This includes strong crypto narratives like BRC-20 and Bitcoin halving, which is the next big thing of 2024. Higher volumes combined with a halving event in April 2024 could catalyze growth for the token.
Bitcoin’s continued bull market strength makes this project one of the best gaming altcoins to buy in 2024. The pre-sale pushed the bullish outlook to more than $4.8 million in less than two weeks. The price moved from $0.015 to $0.0251 and will soon reach $0.0404. The project is going to dominate the GameFi and NFT space on Bitcoin, according to the experts.
Metacade
It is not a traditional game, but a hub that connects players, builders, creatives and other stakeholders in the Web3 crypto gaming arena. It just completed its presale and won hearts during the same.
With Metacade, players can see a platform integrated with play-to-earn games. Players can access all the games from one hub at once. Metacade integrates GameFi and helps players design strategies to optimize earnings while enjoying gameplay. MCADE, the native token, is rewarded once you play and win in the ecosystem.
Having Metacade in your wallet might just help you earn big profits in the 2024 bull run.
Decentralized
Built on the Ethereum blockchain, Decentraland boasts a decentralized metaverse built, owned and controlled by its users. Similar to other gaming platforms, it offers plots called LAND that players can buy and use. It offers freedom to players! LAND can be used for games, artwork, activities and much more. MANA, the native token, is used for in-game transactions such as buying LAND.
The token briefly traded between the range of $0.486 and $0.516 in February. The growing adoption of Decentraland could push the token to its potential high of $1.31 by the end of this year. The market is bullish on this famous gaming altcoin.
Engine
It is a blockchain-based platform that allows developers to create, manage and trade virtual goods. It gives the tools to develop games, applications and websites that use blockchain technology that includes NFTs and the Engine Token (ENJ).
We chose ENJ as the platform allows users to own unique digital assets that are secured and traded on the Ethereum blockchain. The assets may include in-game items and other virtual goods that have real value. They can be bought, sold and traded on marketplaces. The current price of ENJ is $0.416 with a score of 79 (extreme greed) on the Fear and Greed Index.
My neighbor Alice
This is an upcoming multiplayer farm and builder game. Here people can buy land that is spread around six islands, farm it and buy animals from the market. Its design may take you back to the Animal Crossing series, where the character Alice serves as an “in-game friend”. It is beginner friendly and the ALICE token is the in-game currency.
Token holders can deposit crypto and earn rewards. It has a market cap of $51 million. It can reach $6.79 in 2024 and has risen 58.41% in the last 30 days. The market has bullish sentiments for the coin, so we recommend it for your 2024 basket.
Illuvium
Illuvium is a play-to-earn Metaverse blockchain-based gaming experience that deserves to be on the list. It has attractive graphics, gameplay and mechanics. It follows humans lost on an alien planet who discover animals with special powers called Illuvials.
Illuvium offers various experiences for different types of players. It has a maximum supply of 10 million tokens, of which 7.4 million are in existence and 2 million are in circulation.
Experts predict that 2024 and 2025 will be the growth years for the ILV token. It is currently priced at $127.98 with a market capitalization of $482.17 million. It may reach a peak of $1057.21 in 2025. We mark this as one of the best fits of the 2024 bull run.
Monkey Coin
ApeCoin is the token that has a metaverse called Otherside and the ApeCoin DAO, whose members vote on proposals that affect Yuga Lab’s ecosystem. While Otherside is not yet in the market, Yuga Lab is already working with major giants like Gucci to incorporate their signature pieces into the metaverse. This could surely be the next big thing we’re looking for! APE powers the entire Yugaverse, which has premium NFTs like Bored Ape Yacht Club and many more. We expect the ecosystem to create enough demand to keep prices high in 2024.
Ape Coin gained 8% in the last week of February and is currently trading at $1.96. The token is now 21% higher than it was at the beginning of the year, attracting the attention of investors. ApeCoin’s bull run is in line with a recent price prediction by experts like James. Among the whales, a large number of APE wallets containing 1 million tokens have recently accumulated more of the stock, indicating that they have confidence in the coin’s long-term trajectory!
LUKE
League of Kingdoms is an Ethereum-based blockchain game that allows players to own NFTs. they can be land, characters and other assets. LOKA is expected to do well in 2024 as there are so many possibilities attached to one coin! Let’s consider it built with internal diversification. The ability to play numerous game styles increases the probability of having a winner.
LOKA is currently priced at $0.302 with a score of 72(greed) in the Fear and Greed Index. It is expected to reach $0.7154 by the year 2025. So what’s stopping you from having this star sign in your pocket?
All things considered
The world of gaming altcoins is an exciting adventure waiting to be explored. With the potential to ignite your passion and possibly boost your wallet, these innovative signs are changing the game. So, dive in, choose your champion and get ready to earn.
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
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