Gaming is a major use case for crypto coins. In this article, you will read about the top 7 GameFi cryptocurrencies where you can invest to make huge profits this year.
The table below briefly outlines the top 7 GameFi Cryptos to invest in now. The list is compiled according to the market capitalization.
| SL.NO | Name of the Token | Current Price | Marketing Capitalization | 24-hour Trading Volume | Circulating Supply |
| 1. | Immutable (IMX) | $1.38 | $2,123,119,878 | $40,569,728 | 1,540,350,203 IMX |
| 2. | FLOKI (FLOKI) | $0.0001588 | $1.52B | $191.11M | 9.57T FLOKI |
| 3. | Notcoin (NOT) | $0.01296 | $1,328,511,006 | $202,541,130 | 102,491,025,349 NOT |
| 4. | Beam (BEAM) | $0.0181 | $895,560,261 | $25,837,714 | 49,466,004,168 BEAM |
| 5. | Axie Infinity (AXS) | $5.70 | $846,678,255 | $32,084,725 | 148,422,077 AXS |
| 6. | MultiversX (EGLD) | $30.70 | $836,409,306 | $35,757,632 | 27,251,195 EGLD |
| 7. | Gala (GALA) | $0.02218 | $732,529,521 | $57,981,677 | 33,037,085,445 GALA |
What are GameFi Tokens?
GameFi tokens are specialized cryptocurrencies that gamification with decentralized finance (DeFi) using the most efficient blockchain technology.
GameFi token holders will allow gamers to acquire crypto coins and various other NFTs by playing and winning games.
The top 7 GameFi cryptocurrencies that you should consider investing in in 2024 are detailed below
1. Immutable (IMX)
Immutable is a layer 2 network based on the Ethereum blockchain. It is a platform that eases the listing and trading of Non-Fungible tokens (NFTs)
Gods Unchained is a game that is built on the Immutable blockchain. What makes Immutable unique as a gaming platform is the ZK Rollup technology that does not collect the details of the users to facilitate the gaming experience. All these experiences are possible without any gas fees on the platform.
Immutable is currently the world leader in Web3 game development. The winners of the games are rewarded with crypto coins and all these transactions are recorded and maintained in a joint space.
2. FLOKI (FLOKI)
FLOKI is known as the people’s cryptocurrency and is the number one choice for anyone thinking about trying their luck in Web3 games.
Valhalla is a play-to-earn game on the platform. The winners of the game are rewarded with FLOKI tokens.
There are different gaming activities such as battle, raid, and farming, which allow gamers to increase their stake in the gaming platform.
In the battle, your combat skills are put to use and you need to use tactical skills to outwit your enemies.
The players should also engage in raiding the islands to get points to rise in the hierarchy.
3. Notcoin (NOT)
Notcoin is a gaming platform based on the Telegram app. Players of this game can win big by the tap-to-earn mechanism.
Moreover, the players can increase their earnings by engaging with various DeFi projects on the platform, inviting friends to use the platform, and following the social media handles on Notcoin to reinforce their presence and interest in the platform.
4. Beam (BEAM)
Beam is a new project in the crypto gaming industry. It is launched by the decentralized autonomous authority (DAO) Merit Circle.
The platform’s games give its users an enhanced experience and simplify the complexities of game development prevalent on similar platforms.
The BEAM token holders can take part in the governance processes of the platform by staking the BEAM tokens.
The snapshot voting method used by the beam platform makes all token holders eligible for voting.
5. Axie Infinity (AXS)
Axie Infinity is a decentralized gaming platform where NFT convertibles can be made and sold with the help of blockchain technology.
As the name suggests, the platform has an infinite number of fictional creatures called Axies that the players can discover and collect as part of their game strategy.
The platform also has a dedicated marketplace where you can sell Axies. The native token AXS helps the users earn through staking. Moreover, it is also used for payments on the platform. It has a community treasury governed by the AXS token holders.
6. MultiversX (EGLD)
The MultiversX platform is a gaming platform on the blockchain network that works as a play-to-earn model.
Many games such as Knights of Cathena, Giants Village, The Clan, eTress, Dragon’s Arena, and the City of Zion are hosted by the platform.
Gamers can use the platform to shape new games convert them to NFTs and sell them.
7. Gala (GALA)
Gala is a flexible platform that powers interchain utility other blockchains such as Ethereum, and Binance Smart Chain. The platform helps its users to host and play games and other entertainment modes such as music or films.
The users can customize the smart contracts, enhance the reward opportunities, and operate node networks to power new projects and community activities.
Conclusion
Gaming is a sought-after utility of the decentralized blockchain platforms. If you are a gamer and would like to access gaming platforms or build your games and sell them as NFTs make use of the applications mentioned above.
