In a ground-breaking prediction, Investment Advisor CrossBridge Capital’s MD says Bitcoin could reach $250,000 in the next 3-5 years. The bold BTC forecast from a reputable financial advisor bolsters overall confidence in the digital currency market. Moreover, it underscores the growing acceptance and integration of cryptos into mainstream finance.
While Bitcoin continues to position itself for monumental gains in the coming weeks, crypto games, often undervalued, have been hitting new heights in the current market recovery. Their recent surge is attributed to several factors, including network development, robust market performance, and overall bull market trends. This article explores the top five best crypto games to invest in 2024.
KangaMoon’s CoinGecko and CoinMarketCap Listing Causes Hype
First on the list is the KangaMoon (KANG), an emerging gaming protocol set to disrupt the crypto-gaming industry. With an already 400% ROI in price value, raising over $7.2 million in presale revenue, and now eyeing the $8 million mark, KangaMoon has positioned itself among the best cryptos to buy in May.
Essentially, KangaMoon introduces a gameFi play-to-earn ecosystem fuelled by SocialFi elements. Gamers and traders can interact with like-minded individuals, play fun-filled games, or partake in speculative betting. They can ultimately win rewards through KANG tokens and rare NFTs.
What’s more interesting is that the KANG token has multiple functions in the ecosystem. It will serve as a reward incentive and in-game currency. Users will use the crypto game token to access exclusive games, create and upgrade characters, and buy in-game items on the marketplace.
Remarkably, its robust presale performance and unique, innovative features have attracted Tier-1 CEX listings, including CoinGecko and CoinMarketCap. Additionally, the crypto game token will tap into the growing play-to-earn gaming market, projected to increase to $8856.95 million by 2028. KangaMoon could potentially open up this market for its investors.
Currently, the KANG token is attractively priced at $0.025, with experts hinting at more astronomical growth for the project in Q2. The demand for the KANG token is high, as there are now nearly 10,000 holders, making the crypto game token among the best cryptos to invest in 2024.
Gala Crypto Proposes Token Burn to Mitigate Hacking Incident
Another crypto to watch in May is the Gala coin. The crypto game token has made headlines for controversies surrounding a hacking incident on the blockchain that saw $200 million stolen from the ecosystem. Gala Network has shown its commitment to transparency and strives to recover the stolen funds.
Recently, the gaming protocol announced that it was able to recover around $20 million in Ethereum to the ecosystem. Moreover, it has proposed burning around $4.4 billion GALA tokens to deal with the security incident. After the announcement, the price of Gala surged but slipped back to its bearish ways.
The Gala coin is red in all market charts. However, its technical indicators show that it could gear up for a rally. Experts see a buying opportunity for the crypto game token, suggesting that investors buy the dip now and gain more in the future.
Speculation Boost Ethereum-Based GameFi Floki
Ethereum-based GameFi Floki has experienced a substantial price increase in the past few weeks due to the ongoing speculation surrounding Ethereum ETFs. After Bloomberg analysts revised their probability of approval from 25% to 75%, the price of Floki experienced remarkable performance.
Moreover, the crypto game token has formed an ascending channel pattern, reflecting increased buying interest. Therefore, experts have made bullish price predictions suggesting that the Floki coin is gearing up to retest the $0.00030 mark. Thus, Floki coin is among the best crypto to invest in now.
Immutable X Daily Users Hit Over 800K+
Another crypto game token to watch in 2024 is the Immutable X. The GameFi protocol offers fast, secure, and scalable end-to-end Web3 solutions and has consolidated itself to become the most significant crypto game token by market capitalization. Unlike other gaming tokens, the Immutable X has had robust market performance in the past few weeks.
The remarkable growth in value can be attributed to several network developments that have positioned the crypto game token as a frontrunner rivaling established coins. The platform is growing the Web3 gaming ecosystem, hitting over 800,000 active users in May 2024. Immutable X network has also announced it is launching 60+ games in the next 9 months.
The bullish Immutable X news has heightened market activity on the blockchain and sparked conversations in its community about the crypto game token's prospects. Many analysts have made bullish Immutable X price predictions, suggesting it could reach $5 by the end of 2024, making the crypto game token the best crypto to invest in now.
Sandbox (SAND) Partners with Bitkub Exchange
As an innovative decentralized gameFi protocol, Sandbox has made headlines in the market with its strategic partnerships. Recently, the Sandbox announced its collaboration with the Bitkub Exchange, a prominent Thailand blockchain. The strategic partnership aims to heighten the exposure of Biktub Metaverse.
The integration will offer myriad experiences, as users will establish a metaverse hub in the Sandbox ecosystem. Based on this view, Sandbox's price has experienced substantial gains, and it is gearing up for another increase in the coming days.
Its technical indicators are flashing green, suggesting that Sandbox bulls control the market. Therefore, experts see Sandbox among the best cryptocurrencies for 2024, indicating that it could reach $1 by the end of the year.
Conclusion
The crypto gaming market has experienced an increase in value, with a total of $26.8 million market capitalization. Its recent surge is attributed to unique play-to-earn game tokens like the ones mentioned above.
They’re among the best cryptos to buy now, promising investors higher return potential. This is why they should be in every investor's portfolio. Savvy investors should, however, conduct extensive research before investing in any asset.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
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