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If gaming tokens tickle your fancy for whatever reasons, you must be contemplating which one of the numerous options to choose currently. The good thing is that some low-priced gaming digital assets have shown promising signs in the past weeks, and you could make a profitable return in the long run if you enter now.
However, analysts’ predictions over the years have shown that low-priced tokens are less stable (i.e., highly volatile). Thus, implementing necessary risk-reducing strategies is vital if you purchase any low-priced gaming token.
In this article, we’ve compared crypto news from different sources and bring you three of the most talked about gaming tokens on Reddit crypto forum, Twitter space, Telegram chat, and other cryptocurrency news sources.
Also, analysis of trusted experts was considered to ensure that none of these tokens are FOMO. It’s vital to know that this isn’t financial advice, and you should do your research before taking any financial actions on these gaming tokens. We review them below:
Enjin Coin (ENJ)
Enjin coin is part of the top 100 cryptocurrencies on CoinmarketCap in market value. It is included in close to 600K+ watchlists, indicating that various enthusiasts closely monitor its movement in the coin market. Enjin coin makes this list, not because of its low price alone. Its promising prospect is another factor while it’s considered a good cryptocurrency to buy now.
The gaming token currently sells slightly above USD 0.6, which is a fair entry price considering that it peaked at USD 4.85 barely 9 months ago. Analysts are tipping the Enjin coin (ENJ) to rally beyond the USD 1 in the coming months, and this could give patient holders profitable returns in the long run.
Enjin coin is an ERC-20 token that serves as a digital store of value and powers the Enjin Network, a gaming community platform with millions of users. Game developers leverage Enjin to tokenize in-game assets on Ethereum-blockchain, making the items tradable in the real world. You can find more about Enjin coin and its other utilities, including NFTs, here
The Sandbox (SAND)
The Sandbox isn’t outrightly a low-priced digital asset. It sells slightly above USD 1, but considering its prominence in the crypto space and prospect for a profitable run in the coin market, analysts believe its current price would be an absolute steal if all goes as predicted. The Sandbox token (SAND) is being monitored by 2.2+ million enthusiasts, with much optimism about getting the right entry.
Like the Enjin coin, The Sandbox (SAND) also peaked at its highest price 9 months ago but has suffered a price decline due to the bear market rally effect that plagued the better part of this year’s first half. Current crypto asset holders will be hoping it can rally back towards its all-time high of USD 8.44, which experts are optimistic could happen in the coming months.
SAND is the native token of The Sandbox, which is a blockchain-based virtual world that enables digital creators and developers to build and trade digital assets as games.
It leverages community strength (through its DAO governance) and the booming NFTs to create a thriving, decentralized gaming community. It’s one of the foremost Blockchain gaming projects, and experts are optimistic of a bull market rally in the long run.
MetaCryp Network (MTCR)
The MetaCryp Network is another GameFi ecosystem set to go on presale. Analysts have tipped the new cryptocurrency to have a good market run due to its use cases which include Metaverse, NFTs, Play-to-earn (P2E) gaming, DeFi, socializing, etc. The Metacryp Network aims to provide users with the opportunity to have fun while earning.
It will be an upgrade to other existing platforms by providing solutions to major common loopholes, including delayed settlement time, community restriction, high network fees, etc. Metacryp token (MTCR) is the native token of the platform, and users can leverage it for governance rights, earning, and unlocking effects.
Joining the MetaCryp presale at the first stage attracts a 9% bonus, and the subsequent two stages give 7% and 4%, respectively. You can also get a 32% bonus on your first purchase and 20% on every USD 1000 you make.