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Cryptocurrency News Articles

NFT Gaming Resurfaces In Q4, 2024

Nov 16, 2024 at 11:35 pm

The crypto and non-fungible token gaming space has started slowly becoming popular again, with many prominent game coins starting to surge

NFT Gaming Resurfaces In Q4, 2024

NFT Gaming Resurfaces In Q4, 2024

By description, NFT gaming is a type of video game that uses non-fungible tokens as a key part of the game’s economy and gameplay. It is designed to give gamers true ownership of their in-game assets, allowing them to sell, monetize, and display them independently. NFT gaming combines blockchain technology, gaming, and decentralized finance to let crypto players earn cryptocurrencies and NFT rewards.

As we enter the final quarter of 2024, the crypto and non-fungible token gaming space has started slowly becoming popular again. Many prominent game coins are starting to surge, new gaming startups are releasing token airdrops, and a seemingly constant array of other things have been happening recently. In this article, we have listed some of the top-selling non-fungible token game-based coins by trading sales volume, according to CoinMarkerCap.com.

1. Floki $FLOKI

FLOKI is a utility gaming token that serves as the native currency for various utilities within the Floki ecosystem. It is required to play and earn in Valhalla, a non-fungible token gaming metaverse, and is also used for in-game purchases. In the past 24 hours, the Floki gaming token has amassed a trading sales volume of $1.5 billion, up 11% from the past day. The Floki game token has surged by 74.75% in the past seven days.

2. X Empire $X

X is the utility gaming coin in X Empire, a tap-to-earn (T2E) NFT game launched in July 2024. X Empire, formerly known as Musk Empire, operates through the Telegram platform, allowing players to tap on the Elon Musk-inspired avatar to earn in-game NFT coins, which can be used for upgrades and to generate passive income. In the past 24 hours, the $X has raised a trading sales volume of $278 million.

3. Hamster Kombat $HMSTR

Hamster Kombat is a viral Telegram-based crypto game where users mine Hamster coins by managing a virtual crypto exchange. Each Hamster coin in the game is an NFT, allowing for trading and selling on the marketplace. Hamster Kombat is the third most-selling NFT game coin this week. In the past 24 hours, the Hamster has recorded a trading sales volume of $270 million.

4. Notcoin $NOT

$NOT is a utility token integrated into the TON ecosystem, designed explicitly for the GameFi sector. It is linked to a popular Telegram-based game where players earn Notcoins by tapping on a screen. Notcoin is the fourth most-selling gaming token this week. In the past 24 hours, $NOT has amassed a trading sales volume of $197 million. It has a market cap of $770 million.

5. ApeCoin

The ApeCoin is a utility and governance token created to empower the NFT community surrounding the APE ecosystem. The founding roots of ApeCoin lie in the NFT series Bored Ape Yacht Club. The Bored Ape is one of the popular NFT collections composed of 10,000 unique images of cartoon apes stored on Ethereum. The ApeCoin (APE) has been this week’s fifth most-selling NFT gaming coin. In the past 24 hours, ApeCoin has a trading sales volume of $186 million and a market capitalization of $875 million.

6. Gala $GALA

GALA is an ERC-20 utility token used in the Gala Games ecosystem, a renowned Ethereum-based gaming platform. GALA can be used as the medium of exchange between participants in the ecosystem and to purchase digital assets, including NFTs. Gala (GALA) is this week’s sixth most-traded NFT game coin. In the past 24 hours, the Gala game coin has amassed a trading sales volume of $185 million.

7. Catizen (CATI)

Catizen (CATI) is a utility token from Catizen, another play-to-earn game built on Telegram and powered by The Open Network (TON) blockchain. In this game, players manage a virtual city of cats where they breed, level up, and complete tasks to earn NFT rewards. Catizen (CATI) is this week’s seventh most traded NFT game coin. In the past 24 hours, the Catizen has raised a sales volume of $176 million, up 4.95% from the past day.

8. The Sandbox (SAND)

SAND is a utility token for the Sandbox, one of the most exciting blockchain game projects. It provides players with a unique virtual experience, enables players to contribute to gaming items and virtual land using non-fungible tokens, and unleashes their creativity. SAND has been this week’s

News source:insidebitcoins.com

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