As the overall cryptocurrency market continues to crash, Paul Barron Network, a crypto-focused Youtube Channel, lists several Gaming Token projects that could be primary for purchase or dollar cost averaging. The analyst says that if Bitcoin continues to crash, these are some hot projects to watch in the short term.
First Gaming Token project Gala Games (GALA)
Gala Games, which you can get detailed information from this article of Kriptokoin.com, aims to take the game industry in a different direction by giving players back control of their games. Gala Games’ mission is to make ‘Blockchain games you’ll want to play’. The project wants to change the fact that players can spend hundreds of dollars on in-game assets and countless hours spent playing the game that can be bought from them at the push of a button. It plans to reintroduce creative thinking to games by giving players control of games and in-game assets with the help of blockchain technology.
Free-to-play will be the ultimate model for all gaming companies to go. So they can attract players. Then, while using your game, you can become a part of the community and play more games using the platform’s mechanics. The barrier between crypto and NFTs is still a bit high for many people. At the time of writing, GALA was trading at $0.08833, down 4.25% in the last 24 hours, according to CoinMarketCap data.
The next altcoin on the list is Axie Infinity (AXS)
Axie Infinity is a blockchain-based trading and war game partially owned and operated by its players. First of all, this project is one of the most popular game projects. The analyst says Axie has a lot of innovation happening within itself and has a long way to go. At the time of writing, AXS was trading at $20.57, down 3.72%, according to CoinMarketCap data.
Third-ranked Gaming Token Ultra (UOS)
Ultra is a streaming platform and ecosystem for video games and video game content. Ultra’s mission is to break the existing monopoly of publishing platforms like Steam and provide new opportunities to game developers, gamers and influencers.
According to the analyst, Ultra is not valuable enough for the potential it can hold. The analyst thinks there is a lot to be revealed. At the time of writing, UOS is changing hands at $0.3535, up 0.66%, according to CoinMarketCap data.
The fourth Gaming Token mentioned in the list is ECOMI (OMI)
ECOMI is a Singapore-based technology company and a pioneer in the emerging digital collectibles space. With a dedicated hardware wallet and the world’s leading mobile first NFT platform, VeVe-ECOMI brings pop culture and entertainment into the 21st century by providing a one-stop shop for digital collectibles. According to the analyst, this project was a project that raised the heat of the market. Users can purchase NFTs with the platform through the Veve app.
“They are partnering with many game projects, especially playing games opens the doors to many more opportunities,” said the analyst, adding that this is an underappreciated project, but that he is making the right moves right now. At the time of writing, OMI was trading at $0.001519, down 4.30%, according to CoinMarketCap data.
The last altcoin project on the list 0x (ZRX)
0x allows users to trade ERC20 tokens and other ERC20 tokens on the Ethereum Blockchain without relying on central intermediaries such as traditional cryptocurrency exchanges. An infrastructure protocol that allows them to easily trade assets. According to the analyst, who stated that the project is a Coinbase partnership, they are developing a social marketplace for NFTs and if they can do it, then Coinbase is on your side.
Analyst thinks this project could be a new market that could become a very serious place for NFTs from a strategic point of view, especially for gaming and many NFT artists and things like that. At the time of writing, ZRX was changing hands at $0.392, up 4.09%, according to CoinMarketCap data.
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