Gaming Tokens in 2024: Key Trends

Lots of things happened in 2024, but we can summarize the key trends in the following charts.

Top gaming tokens did not perform well in 2024.

Out of the largest gaming tokens, only five out of the top 14 saw their price increase during 2024.

The only token to see significant price growth was community memecoin SUPER, which was up 114%.

2024 did see the launch of dozens of new (small cap) gaming tokens, especially in the first half of the year.

However, the best performing new tokens were launched in the second half of the year, with five seeing their price increase by more than 200%.

This growth was mainly driven by the change in crypto sentiment following Donald Trump’s election victory in November.

Looking more generally at all gaming tokens, the vast majority of the top performers during 2024 were launched in 2024.

Basically, the newer the token, the better its performance was likely to be. Older projects are not capturing current imaginations.

One of 2024’s big trends was the rise of Telegram and its TON blockchain as a strong marketing channel for simple crypto games.

However, with the exception of the original NOT memecoin, gaming tokens on TON did not demonstrate positive price dynamics.

Within the gaming sector, the Ronin blockchain was generally considered to have the strongest ecosystem.

However, most of its games’ tokens performed badly, even Pixels, which was the most popular game of 2024 in terms of its daily activity.

In stark comparison, the performance of AI-related memecoins and tokens launched by AI agents through platforms such as Virtuals saw explosive price growth during December.

Many saw their prices rising more than 10-fold, with Virtuals being the top performer, with its price up 34,130% — 342-fold — during 2024.

Clearly, the attempt to integrate this meta into gaming will be the one that will dominate the opening months of 202