Over time, the gaming space has undoubtedly leveled up. With blockchain technology stepping into the gaming arena, it’s reaching new heights! Digital currencies are gaining attention by reshaping everything from in-game assets to economic and governance systems.
Not only that, but your passion for gaming can now actually translate into real-world income. How cool does that sound?
But with so many choices, where do you start? This comprehensive guide reveals the top 10 gaming altcoins set to dominate the market in 2024, exploring the unique features, earning potential, and expert predictions for each token.
Ready to level up and potentially score big? Then join in and explore the future of gaming!
What are Gaming Altcoins?
Gaming altcoins are virtual currencies designed specifically for the gaming world. They facilitate in-game purchases, reward players, and handle transactions between players and developers.
Powered by blockchain technology, these altcoins ensure the security, transparency, and decentralization of gaming economies. In simple terms, think of them as digital tokens you earn or spend while gaming, adding extra perks to your gaming experience.
We’ve compiled a list of the top 10 gaming altcoins poised to be the most profitable in 2024! Let’s dive deeper.
Top 10 Gaming Altcoins to Watch
Axie Infinity
This platform, inspired by Pokémon, deserves the top spot for several clear reasons. It allows players to buy, trade, and battle creatures called Axies. Axies are non-fungible tokens (NFTs), and you need to buy at least three to start playing.
The game became a favorite in 2021 because players could earn AXS tokens by playing. Some reported earning hundreds to thousands of dollars worth of cryptocurrency per month! Unreal, right?
Over 75% of monthly active users play Axie Infinity daily, ensuring strong user retention. The current price of AXS tokens is $8.64, with bullish market sentiment. It scores 79, indicating extreme greed on the Fear and Greed Index. We recommend this gaming altcoin for 2024.
Sandbox
Sandbox is a decentralized space where players can create their own 3D game worlds using visual scripting tools. Yes, you read that right! The game requires no coding knowledge! Players can craft games and store assets on LAND (digital real estate). The SAND token powers the Sandbox ecosystem.
Currently, Sandbox has amassed numerous partnerships to help expand its user base. Celebrities like Snoop Dogg and Deadmau5 are also actively involved in Sandbox. We are optimistic about its performance in 2024.
The current price is $0.55, with a Fear and Greed Index score of 72 (greed)!
Bitcoin Dogs
The native token $0DOG will be the first ICO on the Bitcoin blockchain, powered by Bitcoin ordinal technology. It’s a fusion of meme coins, NFTs, and ordinals, aiming to explore uncharted territories.
It taps into powerful crypto narratives like BRC-20 and the upcoming Bitcoin halving in April 2024. Increased trading volume, coupled with the halving event, could boost this token’s growth.
Bitcoin’s ongoing bull market makes this project one of the top gaming altcoins to buy in 2024. The presale soared to over $4.8 million in less than two weeks due to bullish prospects. The price has risen from $0.015 to $0.0251, soon expected to reach $0.0404. Experts predict this project will dominate Bitcoin’s GameFi and NFT sectors.
Metacade
It’s not a traditional game but a hub connecting gamers, builders, creatives, and other stakeholders in the Web3 crypto gaming space. It just completed its presale and has garnered love from the community.
With Metacade, gamers can witness a platform integrated with play-to-earn games. Players can access all games from one central hub. Metacade incorporates GameFi, helping players strategize to maximize earnings while enjoying games. When you play and win within the ecosystem, you earn the native token MCADE.
Adding Metacade to your wallet could help you earn significant profits in the 2024 bull market.
Decentraland
Built on the Ethereum blockchain, Decentraland features a decentralized metaverse built, owned, and managed by its users. Like other gaming platforms, it offers plots of land called LAND that players can purchase and use.
It offers players freedom! LAND can be used for games, art, events, and more. The native token MANA is used for in-game transactions, such as buying LAND.
The token traded between $0.486 and $0.516 briefly in February. The growing popularity of Decentraland could push the token to a potential high of $1.31 by the end of this year. The market is optimistic about this renowned gaming altcoin.
Enjin
Enjin is a blockchain-based platform that allows developers to create, manage, and trade virtual goods. It provides tools for developing games, apps, and websites using blockchain technology, including NFTs and the Enjin token (ENJ).
We chose ENJ because the platform allows users to own unique digital assets secured and tradable on the Ethereum blockchain. These assets can include in-game items and other virtual goods with real-world value.
They can be bought, sold, and traded in the marketplace. ENJ’s current price is $0.416, with a Fear and Greed Index score of 79 (extreme greed).
My Neighbor Alice
This upcoming multiplayer farming and building game lets players buy land scattered around six islands, farm, and purchase animals from the marketplace.
It’s designed to bring you back to the Animal Crossing series, with Alice as the in-game friend. It’s beginner-friendly, and the ALICE token serves as the in-game currency.
Token holders can stake cryptocurrency and earn rewards. With a market cap of $51 million, it could reach $6.79 by 2024, having risen 58.41% in the past 30 days. The market is bullish on this coin, so we recommend adding it to your 2024 portfolio.
Illuvium
Illuvium is a play-to-earn Metaverse blockchain game experience worth mentioning. It features captivating graphics, gameplay, and mechanics. The story revolves around humans lost on an alien planet discovering creatures with special abilities—Illuvials.
Illuvium offers various experiences for different types of players. It has a maximum supply of 10 million tokens, with 7.4 million already in existence and 2 million in circulation.
Experts predict growth for the ILV token in 2024 and 2025. Currently priced at $127.98, with a market cap of $482.17 million, it could reach a high of $1,057.21 by 2025. We consider it one of the best stocks for the 2024 bull market.
Ape Coin
ApeCoin is a token with a metaverse called Otherside and the ApeCoin DAO, where members vote on proposals affecting the Yuga Lab ecosystem. While Otherside has yet to launch, Yuga Lab has already partnered with giants like Gucci to integrate their iconic works into the virtual universe. This is definitely the next big thing we support!
APE powers the entire Yugaverse, including premium NFTs like Bored Ape Yacht Club. We expect the ecosystem to create enough demand to sustain the price increase in 2024.
ApeCoin rose 8% in the last week of February, currently trading at $1.96. The token is up 21% year-to-date, attracting investor attention. ApeCoin’s bull market aligns with recent price predictions by experts like James. Among the whales, APE wallets holding a million tokens have recently accumulated more supply, indicating confidence in the token’s long-term trajectory.
LOKA
League of Kingdoms is an Ethereum-based blockchain game allowing players to own NFTs. These can be land, characters, and other assets. LOKA is expected to perform well in 2024 because a single coin has many possibilities!
Think of it as built through internal diversification. The ability to play multiple game styles increases the chances of winning.
LOKA’s current price is $0.302, with a Fear and Greed Index score of 72 (greed). It is expected to reach $0.7154 by 2025. So, what’s stopping you from adding this star token to your pocket?
In Conclusion
The world of gaming altcoins is an exciting adventure waiting to be explored. These innovative tokens have the potential to ignite your passion and pad your wallet, changing the game. So dive in, pick your champions, and get ready to win big.
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