Best Crypto to Buy: Here Are the 3 Hottest GameFi Token Launches in H2 2024
As crypto investors buy the dip in H2 2024, GameFi tokens are emerging as one of the most popular narrative plays; in this article, deep-dive the best crypto to buy now and discover which gaming crypto will supercharge your returns this year – NOT, PIXEL, SAGA
2024 has already seen some huge gaming projects finally launch a token, with GameFi beginning to heat up after a tepid 2023.
Meme coins have been king for over 12 months now, but as we move toward the second half of the year, analysts and market investors alike are looking at GameFi as a massively undervalued sector.
Here are three of the biggest gaming token drops so far this year and a bonus presale that could be the next big thing.
Best Crypto to Buy #1 – NotCoin (NOT)
NOT coin is by far the biggest GameFi token launched this year, and there is a good chance it stays that way throughout 2024. It is built on The Open Network (TON) and launched at the beginning of this month after a hugely successful airdrop farming campaign that saw over 35 million unique users participate.
At launch NOT peaked at a price of $0.0145 and a FDV (fully diluted valuation) market cap of $1.48 billion. It has retraced heavily since, currently trading at $0.0055 with a FDV market cap of $570 million.
(NOTUSDT)
The airdrop and launch of NotCoin have been well received by the market. In a space that is plagued with hidden private investments and greedy influencers being given large amounts of a tokens supply, it was NOT concluded as one of the fairest airdrop campaigns this space has seen in a long time.
Best Crypto to Buy Now #2 – Pixels (PIXEL)
The number one game on Ethereum is also responsible for one of the biggest GameFi token launches this year. Pixels launched the PIXEL token in late February, which is a relaxed farming game for more chilled gamers.
It is built on Ronin, an Ethereum Layer-2 blockchain that was designed with GameFi in mind. Pixels has been a roaring success, with numbers that compare with those of Axie Infinity in 2021.
During the token launch week back in February, Pixels generated over $1 billion in trading volume due to the insane hype built around the project. Pixels boasts hundreds of thousands of daily users, even while GameFi has been taking a backseat to meme coins.
Pixels’ peak price was $1.02, with a circulating supply market cap of $730 million, back in March. Based on the current circulating supply, it has since dipped to $0.34 and a market cap of $265 million.
$pixel accumulating next leg coming
$0.45 ⌛️ pic.twitter.com/hXoFg3BVIe— KMvision $dot $eth $btc $uni $ksm $inj (@digishahed) May 18, 2024
With the player base holding strong and momentum beginning to shift back toward gaming projects, keep an eye on Pixels, as it will likely be a front-runner in any upcoming GameFi SZN.
Best Crypto to Buy #3 – Saga (SAGA)
Saga differs slightly from NOT and PIXEL as it is not exclusively a gaming chain. It is a Layer-1 network that has focused mainly on gaming since its launch.
This has come in the form of play-to-airdrop campaigns while also revealing plans for an in-house game publishing arm called Saga Origins. According to the team, around 80% of testnet projects on Saga focused on gaming.
Launched back in April, the SAGA token made huge waves. Its record-breaking Binance Launchpool campaign saw investors stake over $13 billion worth of assets to earn SAGA rewards.
(SAGAUSDT)
Within 24 hours of going live, SAGA peaked at $7.60, with a market cap of $684 million (based on circulating supply on that date). Right now, SAGA is trading for $2.05, with a circulating supply market cap of $190 million.
Outside of meme coins, the only narrative in crypto that can appeal to normal people is gaming
I love @Sagaxyz__ because they’re going after this narrative hard with their boots on the ground approach to winning over gaming projects
Bullish on $SAGApic.twitter.com/HFJjKHzqKl https://t.co/9o0iY7xHGb
— LilMoonLambo (@LilMoonLambo) May 16, 2024
Discover DOGEVERSE: Could Presales Offer Better Meme Coin Play?
While GameFi presents a market-leading opportunity, the most significant gains are often found in presale investments, allowing investors to get in early and potentially secure most of a project’s growth.
Just imagine investing in Solana before it hit the market and skyrocketed 14,000%.
One such opportunity in the SOL ecosystem is the DOGEVERSE presale – which has unlocked viral success over the last month to hit $15M raised in the ongoing presale.
Aiming to be the first multi-chain incarnation of DOGE, DOGEVERSE is positioned to grow rapidly as market participants race to grab a piece of the pie.
DOGEVERSE is still raising funds at the presale stage and will start preparing for exchange listings very soon.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital
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