Play-to-Earn (P2E) has seen a major increase in its market cap, as it reached $19.6 billion, signifying that it is a major part of the Web3 space. As a result, games built on top of blockchain technology are clearly appealing to a lot of players. Investors and traders on the other hand are on the lookout for projects through which they can diversify their holdings, ones that can dominate the charts and provide them with significant returns on their investments.
As a result, we have conducted research on the market, and based on the on-chart metrics, KangaMoon (KANG), Pixels (PIXEL), Illuvium, (ILV), WAX (WAXP) and Yield Guild Games (YGG) showcase the most significant promise. Today, we will go over all of these to determine which one can reach the top, and become one of the best play to earn games.
1. KangaMoon (KANG) – A Meme Coin With a P2E Ecosystem and Social-Fi Elements
KangaMoon (KANG) can experience a remarkable level of growth in the GameFi space as it will introduce a vast ecosystem with a variety of different Play-to-Earn (P2E) features that can appeal to gamers and inverses on a global scale. Alongside this, it will even include a community-driven approach and Social-Fi elements, and will enable anyone to monetize their time.
Each player gains control of their own KangaMoon character, and can fight in tournaments, complete challenges, or even fight against other players in order to get rewards. They do so through winning matches, or through engaging with the marketplace. Within the dedicated KangaMoon marketplace, anyone can buy, sell or trade in-game assets with ease, alongside characters and overall digital collectibles that are rare.
Throughout its blockchain ICO, the crypto has already raised $3 million and will soon pass the $3.5 million and even the $4 million mark. As for its value, it went upwards from a low point of $0.005 to $0.014, marking a 180% price increase. It's clear that analysts are bullish on its future and project a 100x price upswing following its launch and major exchange listing. As a result, KangaMoon can become one of the best play to earn games.
2. Pixels (PIXEL) – A Web3 Farming Games That Redefines Experiences
Pixels (PIXEL) is a platform which combines gaming and blockchain technology. Through it, players can farm land, build up their skills and even farm items. The PIXEL token serves a utility of being the money utilized within this virtual world.
According to the on-chart metrics, throughout the past month, the Pixels price grew 45%. Moreover, during the past week, the Pixels crypto also showcased a remarkable 22% growth. This brought its value up from $0.62 to $0.84, and at this rate, the crypto can reach new heights. According to the Pixels price prediction, the crypto can end 2024 at $1.31. These aspects make it one of the top play to earn games.
3. Illuvium (ILV) – A Decentralized Game Built on Top of Ethereum
Illuvium (ILV) is a blockchain game that features a Play-to-Earn (P2E) structure which enables players to get in-game rewards in the form of ILV tokens. The native cryptocurrency then enables holders to participate in the process of yield farming, or staking, and even participation in the Illuvium DAO. It's built on top of the Ethereum blockchain and has grown in popularity since its launch. In addition, its native crypto is used as a reward for players, for their in-game achievements. Moreover, during the past year, the Illuvium price spiked 140.5%.
In addition, in the past month, the Illuvium crypto spiked 46.7%. During the previous week alone, ILV is up 22.5%, where it moved from a low point of $114 to a maximum value at $154. Now, it needs to break past the $160 price barrier in order to reach new heights, and according to the Illuvium price prediction, analysts project a price increase to $198.91 by the end of 2024. These aspects position it as one of the hottest blockchain games.
4. WAX (WAXP) – The Native Token Used on Top of the WAX Blockchain
WAX (WAXP) is a blockchain and protocol designed to enable a user-friendly environment for creating, and trading digital environments. It's a bridge that connects creators, collectors and developers. Through its marketplace, anyone can utilize blockchain technology to enhance user experience and security. Its ecosystem also features games, where players can trade in-game items to turn any gaming prowess they have to real-world value.
As for the price performance, the WAX crypto spiked 77.6% in the past month. Moreover, it's up 51.5% in the past week alone, where it jumped from a low point of $0.07209 to a maximum value at $0.1189. According to the WAX price prediction, it can end 2024 at $0.1827. As a result, its positioned as one of the top crypto games.
5. Yield Guild Games (YGG) – A DAO and P2E Gaming Guild
Yield Guild Games (YGG) is a Play-to-Earn (P2E) gaming guild and a decentralized autonomous organization (DAO). Its primary role is t o help players gain exposure to a range of blockchain game NFTs. Moreover, the Yield Guild Games price has spiked during the past trading sessions which has given it a significant level of attention from investors and traders.
SPecifically, the year-to-date (YTD) climb for Yield Guild Games was by 364.3%. Moreover, in the past month, the Yield Guild Games price jumped 128.5%, and in the past week it's up 62.4%. According to the price prediction for the Yield Guild Games crypto, it can end 2024 at $1.52.
Conclusion
With the value of GameFi advancing rapidly in a bullish direction, P2E cryptocurrencies are playing an essential role in the diversification strategies of many traders and investors. Let’s take a look at the top 5 P2E cryptocurrencies that can lead the next era of gaming on top of the blockchain:
1. KangaMoon (KANG) ● The project features a vast P2E ecosystem that also comprises Social-Fi and P2E elements ● Anyone can earn while gaming, and spectators can even place bets to get rewarded without directly participating 2. Pixels (PIXEL) ● The platform combines gaming and blockchain technology to let players farm, build skills and craft items ● Anyone can also gather resources, and players are encouraged to complete challenging tasks 3. Illuvium (ILV) ● A blockchain game with a Play-to-Earn (P2E) structure where players complete quests ● The native token is also utilized within the DAO which has a global reach 4. WAX (WAXP) ● The native utility token of the WAX blockchain that can be used to purchase collectibles and send value ● Token hodlers can also take WAXP, and its also used for the creation of NFTs 5. Yield Guild Games (YGG) ● This project is a decentralized autonomous organization (DAO) and play-to-earn (P2E) gaming guild ● It's used for the investment in play-to-earn (P2E) gaming guilderse World
While not all of these projects are certain to provide traders with significant ROI due to the volatile nature of the markets, at the moment, KagnaMoon stands out as it has predetermined price increases at each subsequent presale stage, alongside a 10% bonus on any deposits made during Stage 4 of the presale, making it one of the most exciting projects in the list.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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