Crypto and gaming have created new possibilities, blending gaming with decentralized finance. Gaming crypto coins let players earn and use tokens across games and platforms. As the market expands, tokens like Immutable (IMX), FLOKI (FLOKI), Beam (BEAM), Notcoin (NOT), and Gala (GALA) are poised to revolutionize the gaming and investment industry in 2024.
The Rise of Crypto and Gaming
Before diving into specific tokens, it’s important to understand why crypto and gaming are becoming so closely intertwined. Due to an extensive player community around the world, the gaming domain is always open to advancement. A financial model based on cryptocurrencies uniquely complements multiple gaming facets, from virtual goods to in-game economies.
In traditional gaming, players buy items like skins or characters, but they hold little real-world value. Gaming crypto coins change this by tokenizing in-game assets, allowing them to be traded, sold, or transferred across games, unlocking real economic value for players.
Best Gaming Crypto Tokens for 2024
With the advancement of crypto and gaming, several tokens have been created to support others in the various games. Here are some of the best gaming tokens that investors should look at.
Immutable (IMX)
IMX is considered a major gaming crypto token that supports NFT games like Gods Unchained and Guild of Guardians. It is used for staking, voting, and paying transaction costs. Integrating with Ethereum, Immutable provides fast trade confirmations, low gas fees, and a sustainable solution for executing large-scale NFT trades.
As of press time, Immutable (IMX) is valued at $1.83, revealing a 3.64% rise on the last day. IMX gained a 30.36% increase over the last month, raising its market capitalization to $2.93 billion.
FLOKI
FLOKI was initially marketed as a meme coin but is now a token with real utility in the game realm. Its developers have expanded it and connected it with the Valhalla Metaverse, where players can get and exchange FLOKI for the in-game assets and avatars, which brings real value to the game.
The main reason for FLOKI’s growth is its robust, community-based development. The team behind FLOKI remains active, and new features are released frequently, which makes FLOKI a key player in both the meme coin and gaming sectors.
At the time of writing, FLOKI trades for $0.0001634 showing a 3.92% decline over the last day. In the last month, FLOKI rose by 27.79% and has a market capitalization of $1.56 billion.
BEAM
BEAM is another promising crypto gaming coin that has gained attention for its focus on privacy and security in gaming. Using the MimbleWimble protocol enables BEAM to deliver confidential transactions which protect user data and trade information. This feature is particularly important in the world of crypto gaming, where players may want to keep their financial activities discreet.
Players use BEAM as a gaming cryptocurrency in multiple decentralized gaming platforms to ensure their personal data remains private during transactions and asset trading. The token’s privacy features and its focus on secure, transparent transactions have made it a standout in crypto gaming.
As of press time, BEAM costs $0.0192, with a 5.80% increase recorded on the last day. In the last month, BEAM rose by 20.72% and has a market value of $949,681,542.
Notcoin (NOT)
Notcoin (NOT) is a relatively new player in the crypto gaming market but has already made waves with its unique approach to tokenomics and gaming integration. NOT is intended to become the native currency of many indie games, giving players a chance to receive and use tokens in various games without intermediate steps. What makes NOT unique is that it offers solutions for indie developers – smaller studios that can use the platform to create blockchain games without having to learn how to code or spend a lot of money on transactions.
For gamers, NOT provides a single currency that can be utilized in many indie games. The tokens are given real value to be used across platforms. Small game developers save on expenses and can also try their luck in the promising blockchain gaming space.
At the time of writing, Notcoin (NOT) is priced at $0.009259 and has declined by 0.58% in the last day. NOT has risen by 10.95% in the last month and has a market capitalization of $943,216,886
GALA
GALA has established itself as a major player in the crypto and gaming space with its robust enabling blockchain-based games development and distributed games. The GALA tokens are developed to provide players full control over their property in the game, and the main medium of exchange in the platform is the GALA token. The GALA token can be used to buy in-game assets, NFTs, and other digital products that can be sold on the market.Â
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This strategy has been the foundation of GALA’s success, and one of its major assets is the community and developers. GALA has empowered developers with the required tools for the development of decentralized games, and therefore, players and developers are both winners. Other games of this type are Town Star and Mirandus, which are already famous. A number of other games are expected to appear in the next few years.
At the time of writing this article, GALA is trading at $0.0245 and has risen by 1.33% within the last 24 hours. In the last month, however, GALA has risen by 23.65%, making its market capitalization $857,946,556.
Conclusion
Crypto gaming coins have just begun, and the future is optimistic. As blockchain technology develops, token-driven games will enhance depersonalized virtual worlds and in-game economies. A new generation of gaming crypto coins, such as Immutable, FLOKI, BEAM, Notcoin, and GALA, is likely to have good upside potential. The tokens would be crucial in playing and cryptographic technologies by 2024, thus making them good investments.
