- The crypto market is once again buzzing with activity as 2024 witnesses significant launches of gaming tokens.
- Gaming and network tokens have been some of the most notable releases, marking their presence robustly in the market.
- These tokens have been ranked based on their peak market cap, showcasing the most influential ones launched so far this year.
Discover the top 10 gaming tokens that have made an impact in 2024, and learn why these digital assets are capturing market attention.
Top Gaming Tokens Launched in 2024
The year 2024 has seen the emergence of several high-profile gaming tokens that have grabbed the attention of investors and enthusiasts alike. These tokens are not only bringing innovative functionalities to the table but are also achieving remarkable peaks in market cap.
1. Notcoin (NOT)
Leading the pack is Notcoin with its impressive launch on The Open Network (TON) in May. The token quickly surged to a near $3 billion market cap, driven by an airdrop claim for around 35 million players. This rapid rise and subsequent volatility have made Notcoin a watchful token in the crypto market, reinforced by growing interest from Telegram-based games.
2. Pixels (PIXEL)
Ethereum’s blockchain gaming scene saw a significant boost with the PIXEL token. Launched for a farming game on the Ronin network, PIXEL experienced major trading volumes, peaking above $1. Its presence has further solidified Ronin as a rising star in the Ethereum scaling solutions landscape.
3. Saga (SAGA)
The Saga network, primarily targeting gaming, has made a notable entrance with the SAGA token. Benefiting from a strong Binance Launchpool campaign, it saw stakings worth over $13 billion, propelling its price and market cap forward. Saga is continuously integrating gaming projects, expanding its ecosystem robustly.
4. Portal (PORTAL)
Portal, an Ethereum-based token for a cross-chain gaming platform, garnered substantial attention following its February launch. Despite the initial hype and a major staking campaign, the token has faced price fluctuations. The upcoming developments in the platform will be crucial for Portal’s future trajectory.
5. Xai (XAI)
Xai, a layer-3 gaming network built on Arbitrum, has had a compelling start in 2024. Initial airdrop campaigns targeted at Guardian Nodes and NFT holders propelled its market performance. The network continues to attract attention with games launching and staking rewards being introduced.
6. Catizen (CATI)
Arriving as another major contender in the Telegram gaming scene, Catizen has stirred significant interest. Despite initial distribution challenges, it’s built a strong audience following the footsteps of Notcoin. Its performance in the subsequent months will be key to assessing its long-term standing.
7. Heroes of Mavia (MAVIA)
Heroes of Mavia, resembling Clash of Clans, has made waves with millions of downloads and rewarding early adopters through token airdrops. While its price saw a dramatic rise initially, the market correction has led to price stabilization. Moving forward, the controlled token unlocks are expected to influence its market presence.
8. Gaimin (GMRX)
Gaimin’s unique proposition of decentralized cloud computing for crypto games has attracted attention. Its GMRX token launched amidst a decent response, yet despite significant early interest, the token price has seen a substantial decline. Monitoring how Gaimin stabilizes its value proposition will be important.
9. Zentry (ZENT)
Rebranded from GuildFi, Zentry’s new token ZENT launched with substantial interest. Despite a remarkable initial month leading to a peak market cap, the token has seen a decline in line with broader market trends. The platform aims to convert its gaming guild base into a sustainable gaming rewards ecosystem.
10. Apeiron (APRS)
Apeiron, with its strategy game on Ronin, has attracted a solid player base and significant market interest. The APRS token saw near $200 million market cap during its initial days. Continuing play-to-airdrop campaigns are likely to sustain interest until the full game launch.
Conclusion
2024’s surge in gaming token launches underscores the evolving and dynamic nature of the crypto market. With each token bringing unique features and integrations, the gaming sector is poised for substantial growth. Investors and enthusiasts should stay informed on these developments to make strategic decisions in this rapidly changing landscape.
