Introduction
The GameFi sector has rapidly evolved, blending blockchain technology with gaming to create a new ecosystem where players can earn while they play. In 2024, the surge in popularity of GameFi projects has drawn the attention of both gamers and investors alike, with numerous tokens driving this revolution. From immersive metaverse games to rewarding decentralized finance (DeFi) platforms, GameFi coins offer unique value propositions. This guide explores the top gaming coins, discussing the most promising GameFi tokens you need to know about. Whether you’re a gamer or investor, understanding these crypto coins for gaming can provide you with insights into the next big trend in blockchain.
What Are GameFi Tokens?
GameFi tokens are digital assets specifically designed for use in blockchain-based gaming ecosystems. These tokens power various gaming crypto projects, enabling players to earn rewards, purchase in-game assets, and even trade items across decentralized platforms. Unlike traditional gaming tokens, GameFi coins are built on blockchain technology, allowing for true ownership of assets and the potential for real-world value. As the GameFi space grows, many new crypto-gaming coins have emerged, offering diverse opportunities for gamers and investors.
Some of the top gaming tokens are native to specific GameFi crypto projects, where they facilitate in-game transactions, governance, and staking. Players can often earn these tokens by completing challenges, participating in tournaments, or trading in-game assets. These crypto coins for gaming are an integral part of decentralized economies, creating a unique blend of entertainment and financial gain.
Investors are increasingly looking at top GameFi tokens to buy as the sector expands. With the rise of GameFi coins like Axie Infinity (AXS), Decentraland (MANA), and others, understanding what are the GameFi tokens and their role in the future of gaming is essential for staying ahead in this rapidly evolving space.
Immutable (IMX)
Immutable X (IMX) is a pioneering layer-2 scaling solution specifically designed for NFTs and gaming on Ethereum. As one of the top gamefi tokens in 2024, IMX is gaining recognition for its focus on enabling fast, scalable, and gas-free transactions, making it a prime candidate for crypto coins for gaming. Game developers and NFT creators are drawn to IMX’s commitment to security, decentralization, and zero gas fees, positioning it among the top gaming tokens in the market. With its robust support for NFTs, IMX is one of the most promising gamfi crypto projects, contributing to the rise of new crypto gaming coins that prioritize user experience and innovation. As Gamefi coins continue to grow in popularity, IMX’s ecosystem of games and NFT projects reinforces its role as a top contender in the gaming sector.
| Current Price | $1.24 |
| Market Cap | $1.98 billion |
| Circulating Supply | 1.6 billion IMX |
| Max Supply | 2 billion IMX |
| Vol (24H) | $31 million |
| Change (YTD) | -53% |
| Founder | James and Robbie Ferguson, and Alex Connolly |
IMX/USD | Source: TradingView
- Immutable price has underperformed compared to other prominent Layer 2 tokens, with IMX losing a substantial portion of its 2024 gains and now firmly in negative territory for the year.
- Similar to other Layer 2 tokens, Immutable price has seen its price fall by more than 60% from its 2024 highs. Currently trading at $1.4, IMX is positioned well below both the 50-day and 200-day EMAs, which crossed bearishly in June 2024.
- For IMX to regain bullish momentum, it needs to break above both EMAs and sustain its position, triggering a bullish golden crossover. A breakout above the $2 psychological barrier could open the door for targets between $2.35 and $2.7 by the end of August 2024.
- On the downside, the S1 Fibonacci level at $1.03 is expected to provide strong support for the altcoin, as it also serves as a psychological level of defense.
Read On: Top Memecoins in 2024
Floki Inu (FLOKI)
Floki Inu (FLOKI) has quickly become one of the top gamefi tokens to buy in 2024, bridging the gap between meme culture and gaming. Originally starting as a meme coin, FLOKI has expanded into the gaming crypto realm, launching its Valhalla metaverse, a blockchain-based play-to-earn game that integrates crypto coins for gaming seamlessly. This innovative move has catapulted FLOKI into the ranks of top gaming coins, as it offers players rewards through Gamefi coins and NFTs. FLOKI’s transition into gamfi crypto projects highlights its ability to capture the attention of a broad audience, from casual players to serious investors. As one of the new crypto gaming coins emerging in 2024, FLOKI’s combination of meme appeal and gaming potential makes it a significant player in the GameFi tokens space.
| Current Price | $0.000121 |
| Market Cap | $1.17 billion |
| Circulating Supply | 9.58 trillion FLOKI |
| Max Supply | NA |
| Vol (24H) | $127 million |
| Change (YTD) | +248% |
| Founder | B PetaByte Capital, Sabre and Mr Brown Whale (Anonymous) |
FLOKI/USD | Source: TradingView
- At the start of 2024, FLOKI price experienced a remarkable rally, with its price skyrocketing by 730% at its peak and still holding a solid 250% gain despite the broader market correction.
- In March, FLOKI price surged by an impressive 460% at its height, breaking through the key psychological barrier of $0.0003, a level it surpassed again in late May 2024. However, since early August, the memecoin market, including FLOKI, has faced a significant correction, with the price dropping by more than 30%.
- Currently, FLOKI price is trading just below the base Fibonacci pivot level for September 2024, hovering near the psychological support of $0.00015.
- For FLOKI price to regain bullish momentum, it needs to break above the base Fibonacci pivot at $0.000128 and then sustain its position above both the 50-day and 200-day EMAs. A breakout above the R3 resistance at $0.0002 could lead to targets of $0.00025 and potentially $0.0003.
- On the downside, if the market turns bearish, the psychological support at $0.0001 and the S1 Fibonacci pivot level for September could provide a safety net for FLOKI price.
NOT (Notcoin)
Notcoin (NOT) is emerging as one of the new crypto gaming coins in the GameFi ecosystem, making it a noteworthy addition to the top gaming tokens in 2024. Known for its focus on decentralized gaming solutions, Notcoin powers a range of gaming crypto projects designed to integrate blockchain technology with interactive gameplay. Players can earn and trade NOT through in-game achievements, making it one of the most exciting crypto coins for gaming enthusiasts.
What sets Notcoin apart in the realm of top gaming coins is its unique staking mechanism, which rewards players with valuable in-game assets. As one of the top GameFi tokens to buy, Notcoin is aligned with the growing trend of player-owned economies, offering both utility and profitability within its ecosystem. Its use in GamFi crypto projects, coupled with its innovative gameplay features, makes Notcoin an essential token for those exploring GameFi coins in 2024.
| Current Price | $0.007 |
| Market Cap | $796 million |
| Circulating Supply | 102 billion NOT |
| Max Supply | NA |
| Vol (24H) | $82 million |
| Change (YTD) | -46.4% |
| Founder | Sasha Plotvinov |
NOT/USD | Source: TradingView
- Since its launch on May 16, 2024, Notcoin price has experienced a strong upward momentum, although it faced a period of correction starting in mid-June 2024, reflecting the broader crypto market slowdown.
- Notcoin price successfully broke past the key psychological resistance level of $0.02, briefly reaching a new all-time high of $0.029 before pulling back slightly, and it is currently trading below $0.011 at the time of writing.
- The token has maintained a solid bullish trend, driven by Notcoin price’s strong market performance, with its market cap previously surpassing $2 billion before settling under $1 billion as of now.
- On the upside, potential price targets include $0.013, $0.0155, and a possible return to its previous all-time high of $0.029, aligning with Fibonacci resistance levels projected for September 2024.
- On the downside, the S2 Fibonacci level around $0.065 is expected to serve as a key support zone for Notcoin price.
Know More: Top Altcoins in 2024
GALA (Gala Games)
Gala Games (GALA) is at the forefront of the gaming crypto revolution, offering a platform that empowers players and developers to take control of their in-game assets through blockchain technology. GALA is one of the top gaming coins due to its diverse portfolio of blockchain games, where players can earn Gamefi coins. As one of the pioneering gamfi crypto projects, Gala Games has established itself as a top destination for both developers and gamers, making GALA a must-have among the top gamefi tokens to buy. With its robust ecosystem and continued innovation in blockchain gaming, GALA remains one of the most influential crypto coins for gaming in 2024.
| Current Price | $0.017 |
| Market Cap | $615 million |
| Circulating Supply | 34 billion GALA |
| Max Supply | NA |
| Vol (24H) | $65 million |
| Change (YTD) | -44.6% |
| Founder | Eric Schiermeyer, Wright Thurston and Michael McCarthy |
GALA/USD | Source: TradingView
- Gala price has been on a steady downward trajectory since June 2024, falling from near $0.05 to under $0.02 as of writing. GALA price’s 50-day and 200-day EMAs also underwent a bearish death cross in the middle of June and that has stayed constant till now.
- To regain bullish momentum, Gala price needs to break out above both the 50-day and the 200-day EMAs and also sustain there long enough to ensure a bullish golden crossover – only that could bring in fresh buying momentum going forward.
- Once $0.03 is breached, then we could see further follow on recovery all the way back to its recent YTD highs near $0.1 that was attained in late March 2024.
- On the downside, the $0.01 price, aligning with the S2 Fibonacci pivot level should serve as a region of support for the altcoin.
Axie Infinity (AXS)
Axie Infinity’s native token, AXS, is undeniably one of the most prominent Gamefi coins in the market today. AXS powers the Axie Infinity ecosystem, a blockchain-based play-to-earn game that has attracted millions of players worldwide. As one of the top gaming tokens, AXS allows users to breed, battle, and trade Axies (digital pets), earning rewards in the form of crypto coins for gaming. Its play-to-earn model has made AXS one of the top gamefi tokens to buy for gamers looking to invest in gamfi crypto projects with a proven track record. AXS’s massive user base and innovative game mechanics keep it at the forefront of new crypto gaming coins in 2024.
| Current Price | $4.5 |
| Market Cap | $673 million |
| Circulating Supply | 149 million AXS |
| Max Supply | NA |
| Vol (24H) | $20 million |
| Change (YTD) | -51.3% |
| Founder | Nguyen Thanh Trung, alongside Tu Doan, Aleksander Larsen, Jeffrey Zirlin, and Andy Ho |
AXS/USD | Source: TradingView
- Since June 2024, Axie Infinity price has been on a consistent downward trend, with its price dropping from nearly $13 to below $5 as of writing. The 50-day and 200-day EMAs for AXS price also experienced a bearish death cross in mid-May, which has remained in place since then, furthering bearishness in this altcoin.
- For AXS price to regain bullish momentum, the price must break above both the 50-day and 200-day EMAs and sustain its position to trigger a bullish golden crossover, which could attract fresh buying interest in the future.
- If AXS price successfully breaks the $0.03 mark, it could potentially continue its recovery toward its recent year-to-date highs near $14, a level reached in mid-March 2024.
- On the downside, the $4 price level, which aligns with the S1 Fibonacci pivot for September, is likely to act as a key support zone for the AXS price.
The Sandbox (SAND)
The Sandbox (SAND) is revolutionizing virtual worlds by enabling players to create, own, and monetize their gaming experiences using blockchain technology. As one of the most exciting crypto coins for gaming, SAND allows users to build, explore, and trade virtual assets within its metaverse. Its inclusion among the top gaming coins is well-earned, as The Sandbox fosters a vibrant community of developers and players alike. As one of the most promising gamfi crypto projects, SAND continues to offer expansive opportunities for users to earn rewards through Gamefi coins. In 2024, SAND remains one of the top gamefi tokens to buy, leading the way for new crypto gaming coins that blend creativity with blockchain innovation.
| Current Price | $0.25 |
| Market Cap | $584 million |
| Circulating Supply | 2.33 billion SAND |
| Max Supply | NA |
| Vol (24H) | $32.5 million |
| Change (YTD) | -58.6% |
| Founder | Adrien Duermaël Arthur Madrid Sébastien Borget |
SAND/USD | Source: TradingView
- Since June 2024, The Sandbox’s SAND price has been in a steady decline, with its price falling from around $0.86 to under $0.25 as of writing. The 50-day and 200-day EMAs for SAND price underwent a bearish death cross in early May, which has persisted, reinforcing the bearish sentiment for the altcoin.
- For SAND price to regain upward momentum, it must break out above both the 50-day and 200-day EMAs and hold on there to achieve a golden crossover of the two EMAs, which could invite renewed buying interest.
- If SAND price can successfully surpass the $0.4 level, it may continue its recovery toward its year-to-date highs near $0.85, last achieved in early March 2024.
- On the downside, the $0.2 region, falling between the S1 and S2 Fibonacci pivots for September, is expected to act as a significant support zone for SAND price.
Apecoin (APE)
ApeCoin (APE), associated with the Bored Ape Yacht Club (BAYC) ecosystem, has become a standout in the GameFi sector. APE serves as a governance and utility token for BAYC’s metaverse and gaming crypto projects, positioning it among the top gaming tokens. As more projects within the metaverse integrate APE for in-game transactions and governance, its prominence as one of the top gamefi tokens continues to grow. ApeCoin’s involvement in new crypto gaming coins and partnerships with various gamfi crypto projects make it a key token to watch in 2024. Its robust ecosystem and metaverse potential ensure APE remains a dominant force among crypto coins for gaming this year.
| Current Price | $0.8 |
| Market Cap | $540 million |
| Circulating Supply | 604 million APE |
| Max Supply | 1 billion APE |
| Vol (24H) | $66 million |
| Change (YTD) | -53% |
| Founder | Yuga Labs |
APE/USD | Source: TradingView
- Despite a mostly bearish 2024, Apecoin, a relatively new memecoin, has started showing signs of bullish recovery.
- Since early September 2024, Apecoin price has been on a bullish trajectory, gaining over 50%, rising from under $0.6 to over $0.85 at the time of writing.
- On a positive note, Apecoin price has broken out of the downward channel on the chart, thanks to this month’s rally, which could benefit the memecoin in the long term.
- If APE price breaks the $1 psychological barrier, it could trigger new buying activity, potentially pushing it toward $1.35 by the end of the month.
- On the downside, the $0.6 to $0.62 range is expected to provide support, aligning with the base Fibonacci pivot level for September and the 50-day EMA.
Conclusion
In conclusion, as the GameFi sector continues to evolve in 2024, tokens like IMX, FLOKI, Notcoin, GALA, AXS, SAND, and APE are proving to be integral to the ecosystem. These top gaming tokens represent the future of gaming crypto, providing players with a seamless blend of entertainment and financial opportunities. As Gamefi coins like these drive innovation, they offer investors and gamers alike a chance to participate in new economic models. Whether you’re exploring new crypto gaming coins or looking for the top Gamefi tokens to buy, these tokens play a key role in shaping the future of Gamfi crypto projects. Staying informed about what are the GameFi tokens and their potential in the market can help you make strategic decisions in this fast-growing space.
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