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According to the sponsored content poster, gaming tokens are one of the best gaming investments one can make. Along with exciting gaming adventures, they also offer a passive way to generate income. The global gaming market is worth $245 billion in 2022 and could be worth a staggering $682 billion by 2030. This makes game tokens a must-have token in your portfolio. These tokens can only be purchased for a small fee, but their potential profits can be incredible. According to this sponsored content poster, five such gaming tokens are listed that are equipped with the necessary impetus to rise in the bull season.
KangaMoon – Establishing a Reward System for Players
KangaMoon (KANG), whose future is uncertain according to the sponsored content sender, is a leading platform that intertwines gaming and social interaction. The platform offers different reward systems aimed at attracting investors’ attention and rewarding active players. For example, a total of 250 million tokens will be distributed free of charge to players, viewers and participants as in-game prizes and prizes. KangaMoon game adventure is held weekly, monthly and quarterly, offering users the opportunity to earn more. The future is uncertain, there is a risk of investment loss.
KangaMoon, which started pre-sale about 6 months ago, has won the praise of game enthusiasts. The platform has attracted more than 25 thousand followers, with active holders of its native token reaching 6 thousand. KangaMoon also incorporates SocialFi functions into win-win gaming, where users must interact with the platform’s social media posts to earn free tokens. With its surprising advantages, KangaMoon has allegedly raised $6.7 million in funding.
While some gaming tokens fail to guarantee any profits, KangaMoon ROI rose to 400% as early investors started counting their earnings. The new price for the token is $0.025. Another reason why this gaming token is one of the best gaming investments is its referral program, which users largely use to their advantage. It is uncertain whether it will be successful or not, there is a risk of investment loss.
However, the pre-sale will end by the end of this quarter, after which the token will be listed on tier-1 exchanges. The platform also claims to increase user engagement through its partnership with RaidSharksBot.
Floki – A Multi-Purpose Gaming Token in the DeFi and NFT Market
Floki is a deflationary gaming token developed by the Shiba Inu community. Although the token was initially produced as a meme coin, Floki has entered the metaverse gaming market with its own NFT game called ‘Valhalla’. By participating in this game, users earn free Floki tokens that can be traded on any marketplace. Floki has a robust ecosystem with a variety of use cases in the NFT and DeFi market. Under the FlokiFi umbrella, Floki hosts a number of DeFi products.
This versatility across different areas heralded further adoption and growth for the token. Last year, Floki made a profit of nearly 400%, with a significant jump in market value. Although the Floki token has not been able to achieve consistent upward momentum in recent months, its robust ecosystem distinguishes it from other gaming tokens. With top asset manager VanEck adding the token to the MarketVector Index, Floki has become one of the top gaming tokens to rise during the bull season.
Gala – Democratizing Game Ownership
Gala is a decentralized Web3 game that is overhauling the entire gaming industry. Powered by Gala games, Gala aims to allow a democratized environment where players take full ownership of in-game elements and have a say in the development of platform games. The platform allows users to play complex games without paying any fees while using the Gala token as a gas fee on the platform.
The performance of the premiere market has declined over the last few months, with the entire gaming market losing traction. However, Gala trading volume continued to rise, bringing hope that a rally may be possible in the coming months. Meanwhile, Gala trading outlooks appear neutral, with bearish and bullish sentiments battling it out. As the token approaches the key resistance level at $0.05, analysts believe that a breakout of this zone could soon trigger a major rally.
Decentraland – A Virtual Game That Allows Monetizing Content
Decentraland is a virtual reality gaming platform where users can develop, experience and monetize gaming content. Powered by the Ethereum blockchain, Decentraland allows users to purchase ‘virtual lands’ where they can build games and earn money. Its native token, MANA, is used to pay for a variety of in-game items such as avatars, wearables, NFTs, and virtual lands. By purchasing virtual lands, users obtain an NFT that will be credited to their decentralized wallet.
Decentraland is attractive to businesses because of its unique peer-to-peer features, allowing them to easily scale their content. The Decentraland token has fallen significantly over the past month as the market continues to decline. Likewise, Decentraland market cap is also struggling with the bears, with only trading volume increasing slightly in the past week. However, as seen in the 2021 bull market where Decentraland rose to $5.9, the coming bull market could also result in a big bounce for MANA, making it one of the best gaming tokens to buy now.
Sandbox – Provides Immersive Gaming Experience
The last of the gaming tokens to watch out for is Sandbox, a Web3 video game that provides an immersive gaming experience. Sandbox is a mix of decentralized autonomous organization (DAO) and non-fungible tokens (NFTs), creating a community of gaming enthusiasts. With Sandbox, players can create, build and trade their digital assets, allowing them to try out different video games. Launched in 2011, Sandbox’s biggest year was 2021, when it climbed to its highest price of $8.5.
With the gaming market losing momentum, Sandbox failed to produce the spark that made it so attractive to users. The token has been struggling with bear pressure for the last few months and its market cap has suffered the same fate. However, a bright light comes from Sandbox trading volume, which has increased significantly over the past few weeks. While the current trend seems bearish, the upcoming bull market could shape things and make Sandbox one of the best GameFI coins to invest on the dip.
Conclusion
According to the sponsored content poster, gaming tokens were once attractive to investors as a result of the huge traction in the gaming market. However, this huge popularity has diminished as many game tokens have dropped significantly. However, the downturn presents an opportunity to buy these tokens while they are relatively scarce. With their low market cap, there is potential for them to grow. As many of the platforms continue to evolve, upgrade their ecosystems, and collaborate with like minds, their tokens could likely recover during the bull run.
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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!