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Play to Earn (P2E) has begun to dominate the charts according to the latest metrics, and the overall gamification of blockchain-based projects has resulted in the emergence of the transforming GameFi industry, fueled by innovation and decentralized technology. These games or virtual worlds aim to enable players to participate in ecosystems with the possibility of gaining ownership over in-game assets and sometimes even earning cryptocurrency rewards by interacting with various game elements.
With so many projects available to the sponsored content sender, it can be difficult to keep track of which ones are likely to be the most profitable. But today, they will share their predictions on trackable projects, including KangaMoon (KANG), Gala (GALA), Axie Infinity (AXS), The Sandbox (SAND), and Decentraland (MANA).
Play and Earn (P2E) Coins to Follow in April
KangaMoon (KANG)
KangaMoon (KANG), whose future is uncertain, according to the sponsored content sender, wants to be a new platform that will include P2E elements, a community-focused approach and Social-Fi features aimed at helping everyone gain value from their time. Moreover, on top of the platform, players take control of their KangaMoon characters. Thus, they gain the ability to participate in battles with other players or participate in tournaments. Its future is uncertain, it is a risky project.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
Those not interested in participating directly can instead just watch and place bets on who the winner will be. This way, they can access rewards in the form of KANG tokens or NFTs. These can be sold on the market for additional value. The pre-sale is reported to have raised over $4,000,000 and could reach $5,000,000 by the end of April.
Gala (GALA)
Gala (GALA), on the other hand, has a whole ecosystem that includes the best game to win games. This is a whole platform that also allows the creation of player-owned economies. Moreover, it allows in-game items to be stored on the blockchain, giving players full ownership rights.
Over the past year the Gala price has increased by 42%. Moreover, over the past month, Gala crypto has also grown by 22.6%. In addition, its value rose from $0.055 to $0.070 in the previous week and may reach new highs soon. According to Gala price prediction, the crypto could end 2024 at $0.0853.
Axie Infinity (AXS)
Axie Infinity (AXS) is a game that gives everyone the opportunity to buy, breed and fight creatures known as Axies. In addition, Axie Infinity crypto is used as the network’s native transaction currency and units used to reward players for using various ecosystem elements.
Moreover, Axie Infinity price saw a price increase of 15.4%. Over the past week alone, its value has risen from a low point of $9.39 to a maximum value of $11.36. RSI and MACD data are also on the rise and at this rate the crypto may reach new highs. According to Axie Infinity price prediction, it may end 2024 at $14.56.
Sandbox (SAND)
Sandbox (SAND) is a blockchain gaming platform built on the blockchain, where each player can create, explore or trade their own experiences. It uses NFTs and other technologies and includes P2E elements to deliver a unique gaming experience.
Sandbox price has been stagnant lately, but has managed to break into the green zone in the last 14 days. Moreover, The Sandbox crypto rose from $0.59 to $0.71 last week and now needs to break the $1 price barrier. According to The Sandbox price forecast, it may close the 4th quarter of 2024 at $1.37.
Decentraland (MANA)
Decentraland (MANA) is a virtual world platform built on the Ethereum blockchain that allows players to be part of a digital shared experience. Anyone can play games, shop collectibles and NFTs, and buy and sell digital real estate.
During the past trading sessions, Decentraland price increased from $0.57 to $0.68 before experiencing a price correction phase. But now it could be a solid entry point as sentiment rises on the future of the Decentraland cryptocurrency, especially as it is up 6,254.5% since its all-time low. According to Decentraland price prediction, it may end 2024 at $1.35.
What are the Most Important Features of KangaMoon?
According to the sponsored content submitter, one wonders if KangaMoon will be able to stand out from competing projects by somehow implementing P2E elements with Social-Fi features and a community-focused approach. Any player can capture value in the form of KANG tokens or NFTs and then resell them for additional capital gains. But the project is new and its future is uncertain, there is risk.
Play to Win (P2E) What is Crypto?
Play-to-Earn (P2E) refers to a model implemented among Web3 circles where players can actively earn cryptocurrencies or other rewards simply by participating in various game elements. They may also own in-game assets and resell them for additional capital gains.
GameFi and its Role in Web3 – Its Real Meaning
GameFi is a term used to describe blockchain games that include P2E segments. Moreover, these games can serve various purposes as they can offer players the opportunity to purchase clothes, weapons, or other useful things in the game. They can also access special features and earn rewards.
Closing Thoughts
It is clear that there is a lot of interest in GameFi and P2E coins right now. Gala, Axie Infinity, The Sandbox and Decentraland showed a significant price increase during the last trading sessions, and it is curious how the KangaMoon project will be in the future.
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*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before investing!
