An analyst shared 6 PoS and GameFi coins, which he expects to rise in prices. According to him, every altcoin he added to the list has experienced or is preparing to experience significant developments recently. Now let’s take a look at these cryptocurrencies together.
Analyst’s list of 6 favorite PoS and GameFi coins
The analyst’s list consists of 6 cryptocurrencies, including 3 Proof-of-Stake altcoins and 3 GameFi coins. The PoS altcoins it added to the list consist of Cardano, Polkadot and Solana. When he analyzes GameFi coins, he finds Enjin, Gala and WAX notable. As Kriptokoin.com, we explained why the analyst expects a rise in these coins. In our article, we will first share 3 PoS altcoins and then 3 GameFi coins.
Cardano (ADA)
On July 22, 2022, Cardano released a weekly progress report outlining key highlights along with statistics to date. As of today, one ADA was worth $0.46. It happened on September 2, 2021, when the altcoin hit an all-time high of $3.09. Looking at its performance over the past month, ADA had a monthly high of $0.6646 on June 8. Its lowest point was $0.4318 on June 18. Here we see a drop in value of $0.2328, or 35%. However, since then, ADA has rallied to $0.0387, or 9%, to $0.46. In light of all these data, the analyst set a price target of $0.8 for the altcoin. According to him, Cardano has the potential to reach this level by the end of the year.
Polkadot (DOT)
On July 26, 2022, Polkadot released an update surrounding its ecosystem. It also provided new announcements and news from parachain teams, infrastructure providers and wallets. At the time of writing, 1 DOT was trading at $6.77. In fact, the altcoin reached an all-time high last year. The $54.98 reached on November 4, 2021 was the top of the DOT. This June, it had the highest value on June 1 at $10.52. Its lowest level was $6.48 on June 13. In other words, there was a decrease of $ 4.0359 in June. This means that it lost 38% of its value proportionally. But from June 13 to July 26, the DOT increased by $0.2259, or 3%. Therefore, the analyst predicts that the DOT will reach $8 by the end of August 2022.
Left (LEFT)
Solana has begun developing the Summer Camp Hackathon with over 12,000 attendees a $5 million prize and seed funding pool. At the time of writing, SOL was worth $36.65. However, the coin reached its all-time high on November 6, 2021. Solana was changing hands at $259.96 at the time. Looking at prices last month, the altcoin saw its highest value on June 1 at $ 46.05. Its lowest point was $26.41 on June 14. So between June’s high and low there is a 42% drop in value. However, the altcoin has increased by $9,6625, or 36%, from June 14 to date. As a result, the analyst predicts that due to the data, SOL will reach $42 by the end of August 2022.
Enjin Coin (ENJ)
On July 21, 2022, Enjin announced one of its largest partnerships with Square Enix for its branded tokenized collections. At the time of writing, the GameFi coin was trading at $0.54. It happened on November 25, 2021, when Enjin Coin hit an all-time high of $4.82. Looking at its performance throughout June, ENJ had the highest value of $0.6983 on June 1st. Its lowest point was $0.3831 on June 18. We could see $0.3152 or 45% drop in value here. However, from June 18 to July 26, the ENJ value increased by $0.1551, or 40%. Therefore, the analyst expects ENJ to reach $0.8 by the end of August 2022.
Gala (GALA)
Coins.ph, one of the most established crypto exchanges in the Philippines, announced that they will host a session with Gala Games. At the time of writing, GALA was priced around $0.047. Gala reached its all-time high on November 26, 2021. At that time, a coin was worth 0.824837. Last month, it had its highest point on June 7 at $0.08805. Its lowest point was $0.0505 on June 18. Here we see a drop in its value by $0.03755, or 42%. However, the analyst predicts that the GALA of $0.0473 will rise to $0.07 by the end of August 2022.
WAX (WAXP)
WAX has released a video on WAXDeFi on how users can get a share of all secondary market NFT sales on WAX. Next, he reviewed the ecosystem’s advanced systems that generate returns to its participants. At the time of writing, a WAXP was worth $0.09. However, the GameFi coin was trading at an all-time high of $2.77. This level was recorded on January 9, 2018. The highest level in the token’s June 2022 performance was $0.1432 on June 2. The lowest level emerged on June 18 when it reached $0.07595. However, from June 18 to July 26, the value of WAXP increased by $0.020924. Accordingly, the altcoin gained 27% in value. Therefore, the analyst predicts that the price will be $ 0.2 by the end of August 2022.
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