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Author Topic: 2024’s GameFi Gems:4 Must-Invest Tokens  (Read 61 times)
shanhaigamefi (OP)
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April 30, 2024, 07:39:50 AM
 #1

2024 promises a surge in the cryptocurrency gaming market, offering a potential refuge amid the fluctuations triggered by Bitcoin price swings. GameFi, an arena brimming with potential, allows players to enjoy gaming while reaping economic rewards. This article delves into five prominent GameFi tokens poised to dominate the market in 2024, analyzing their Unique Selling Points (USPs), tokenomics, current trading prices, and future potential.

PIXEL

Peak Price: $1.02
Peak Market Cap: $3.2 billion
Pixels introduce an enchanting open-world agricultural and exploration environment, seamlessly blending blockchain ownership with progress and achievements. The PIXEL token, launched in late February on the Ethereum-based Ronin, garnered a 24-hour trading volume of $17,997,000 against USDT as of April 30, 2024.

MAVIA

Peak Price: $10.59
Peak Market Cap: $1.1 billion
Heroes of Mavia, a mobile Web3 MMO strategy game, unfolds in the fantasy-themed island of Mavia. Boasting millions of downloads on iOS and Android, MAVIA witnessed a significant surge post-launch, with the most active trading pair MAVIA/USDT reaching a 24-hour trading volume of $2,573,221.

SAGA

Peak Price: $7.60
Peak Market Cap: $3.3 billion
Saga Networks, with its gaming-centric ecosystem, embarked on Saga Origins in March 2024, a game publishing division dedicated to delivering challenging and expansive games. While not entirely a gaming chain, Saga has rapidly expanded its project base, with 80% focusing on gaming within two years.

ShanHai: New Rise (DRN)

Peak Price: $14.89
Peak Market Cap: $2.4 billion
ShanHai: New Rise presents a thrilling MMORPG experience set in the mystical backdrop of ShanHai continent. The DRN token, an emerging crypto gaming asset, holds substantial promise, contingent upon game quality and market acceptance.

While the GameFi market already boasts a $20.6 billion valuation, it remains nascent compared to traditional gaming markets. Nevertheless, with maturing technology and widespread adoption, significant growth is anticipated in this domain.
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May 06, 2024, 01:19:30 PM
 #2

^  Uh...  With those projects mostly likely backed by VC money and all of them having topped at over 1 billion market cap, I don't think we could really consider them as 'gems'.  As far as I'm concerned gems are those somewhat unknown projects with high float, low market cap tokens and very well distributed.  Most of them are under 100m market cap...

From the top of my head I could name a couple but hesitant to share them as I could be wrong.  Cheesy Cheesy  These small caps are tricky.  :/

R


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May 06, 2024, 04:38:27 PM
 #3

I will like to talk about Mavia because its had recently performed well but base on this current surge, it has not shown much as any tangible performance while other cryptocurrencies were busy rising along with bitcoin, maybe the investors needed to also increases before we can say something about the success of the coin, as what people will take as measure in determining about its success is bas eon the current performance in the crypto market, even though i believe its a promising one.



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[15.00000000 BTC]


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May 06, 2024, 05:54:13 PM
 #4

GameFi projects and their NFTs seem to attract a lot of attention in 2024-2025. The projects you mentioned are successful projects. I am talking about Pixels and Mavia. If more teams continue to develop, they can continue to strengthen their ecosystems on a solid infrastructure. Do not forget that there may be better GameFi projects and they may make you forget about these projects, I think you should invest accordingly.

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May 06, 2024, 06:09:03 PM
 #5


most of the projects that took flight already will certainly be posted by someone in the forum but it's only PIXEL that i read that was posted in here. i couldn't even remember it until this thread popped. i'm having doubts about whether anyone from here ever played one of these games.

if they make the game easy and tokens are easy to earn, there may have been a lot of posts already and the majority will likely take the opportunity to play all day abandoning the free spins and bounty campaigns.









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May 06, 2024, 08:57:47 PM
 #6

I missed that pixel as it has got that airdrop before. It was a good amount of money that was distributed to money.
Gamefi looks interesting but I guess that it's not going to survive after this bull run. But the good news is, we still have a lot of time to stay with this bull run.


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