Game coins, in-game items, costumes, etc. are NFTs representing various elements. Splinterlands, currently the largest blockchain game, caters to over 250 thousand active users. In this article, let’s take a quick look at gaming coins that are trading in the technical opportunity zone.
List of game coins you can add to your 2023 portfolio
Decentraland (MANA)
The Ethereum-based metaverse platform gives users the opportunity to monetize their apps and content. Decentraland specifically focuses on the ownership of digital land parcels where users can create unique environments in a virtual world. Here, instead of just making a profit on MANA, you can also generate income on land parcels called LAND.
In terms of price, MANA’s current price is $0.7265, market cap is $1.3 billion and 24-hour trading volume is down 11%. The bulls are laying the groundwork for a strong start as MANA is now back in its position in FTX bankruptcy.
Apecoin (APE)
ApeCoin (APE) is the cryptocurrency that aims to support the development of a decentralized web3 inspired by one of the most famous and valuable NFT collections, the Bored Ape Yacht Club. APE features a tradable ERC-20 token built on Ethereum.
Technically speaking, the current price of ApeCoin is $5.79, down around 2% from the last 24 hours. With the recovery in January, it managed to make up for the collapse in November. Apecoin is currently testing the $6.00 zone as resistance. This area was the support area for September and October last year.
Axie Infinity (AXS)
Axie Infinity is an online game universe revolving around Pokémon-like creatures known as Axies. Players can collect Axies as virtual pets with their aspirations to fight, breed, collect, upgrade and build kingdoms. The Ethereum-based game uses a design that allows players to own their virtual assets and rewards players who can reach an advanced level of skill. It played a key role in the popularity of Blockchain games over the past year.
The risk indicator ranking for AXS shows that the token is currently a low-risk investment. Investors who focus on risk assessment use the indicator to avoid (or add to) risky investments. Technically testing the $10 zone as support, AXS is busy protecting the gains of the January 22 rally.
The Sandbox (SAND)
Sandbox allows tech-savvy users to create, sell, use and monetize their own virtual reality NFTs. It also offers an Ethereum-based, decentralized NFT game or metaverse. The cryptocurrency-focused metaverse uses native token SAND to support the entire in-game economy.
According to the forecasts of Changelly.com experts, the SAND price could trade above the $1.05 support throughout 2023. However, experts predict that the SAND price can climb just above this support, to just $1.24. Analysts expect the metaverse coin to trade at an average of $1.09 throughout the year.
Gala Games (GALA)
Gala Games is a blockchain gaming platform that aims to integrate NFT functionality into fun games that players will truly want to play. The development company behind the project has a proven track record of creating some of the most beloved Web3 games. The business is building the future with near-ending projects like GRIT and Mirandus.
cryptocoin.comAs you follow, Gala is currently trading at $0.0511. Its market cap was $370 million and 24-hour trading volume was down 22.16%.
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