GameFi coins are one step ahead of all other altcoin projects. This is because they attract players rather than just investors. In this article, let’s take a look at the top bullish GameFi coins from the list of analyst Milko Trajcevski.
GameFi coins continue to collaborate with global brands
ApeCoin, Decentraland and Sandbox are some of the prominent GameFi tokens. In recent news from this industry, Rarible shared its proposal to create an ApeCoin marketplace with 0% fee. Also, Decentraland is hosting a virtual event with The British Blockchain Association Metaverse Headquarters Launch. Gordon Ramsay also announced that Hell’s Kitchen is coming to the metaverse via The Sandbox. All these developments are among the latest developments that brought the GameFi market to the agenda. So, will we see this rally continue throughout August? Let’s continue with the analyst’s predictions.
High potential GameFi coins: APE, MANA and SAND
ApeCoin (APE)
Unlike the cryptocurrency market, ApeCoin (APE) peaked at $26.70 on April 28, 2022. Riding above its performance in July, ApeCoin reached the bottom of $4,2095 on July 13. Its highest point was $7,1793 on July 31. Here we can see the value of the cryptocurrency increase by $2,9698, or 70%. According to analyst Milko Trajcevski, with all this data, Apecoin presents a solid opportunity to reach $8 by the end of August 2022.
Decentraland (MANA)
Decentraland (MANA) is trading at $0.8419 on August 20, 2022. Looking at the ATH level of GameFi coin, we see a peak of $5.85 on November 25, 2021. Also, the MANA price was the lowest at $0.7663 on July 13.
The highest point of value was $1,086 on July 30. This marks an increase of $0.3197, or 42%. With that in mind, buying Decentraland will be attractive to many investors as it is likely to rise to $1.3 by the end of August 2022.
The Sandbox (SAND)
On August 19, 2022, The Sandbox (SAND) was worth $1,0656. When we reached the ATH level, the SAND price was trading at $8.40 on November 25, 2021. The token’s month-to-month performance was bottom at $1,0107 on July 3. Its highest point was $1,4803 on July 20. Here we can see an increase of $0.4696, or 46%. As a result, it might make sense to buy SAND right now, as $1.8 is reasonable by the end of August.
What are GameFi coins?
GameFi is a combination of the words game and finance. It refers to blockchain games that are earned by playing, that offer economic incentives to players. The GameFi ecosystem uses cryptocurrencies, NFTs and Blockchain technology to create a virtual gaming environment. You can access the GameFi market analysis of Absolute Reports, which we have transferred as Kriptokoin.com, here.
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