Gamefi tokens are making a comeback despite the selloff, and adding to the hype we’ve figured out when retail investors will enter the Web3 Gaming industry.

Stay with us here…the gaming industry is politically left and associates all crypto with Logan Paul scams and BTC mining being bad for global warming.

However, the gaming industry also has the BIGGEST consumers. This means all it takes is one major company, one game franchise they truly love, to make something in GameFi or an NFT, and the ENTIRE narrative will shift.

(CoinGecko)

GameFi and NFTs will inevitably come. They just got their reputation ruined, so the timeline has gotten pushed back several years at least.

In the meantime, here are some GameFi tokens to load up on early.

GameFi Token Pick #1: Nakamoto Games

Nakamoto Games (NAKA) is the ultimate Web3 gaming hub, with over 200 games live on its now-trending GameFi platform.

In a first of its kind, this GameFi token racked up over 100,000 Telegram users over the summer. They’re now gearing up to weave $NAKA tokens into the fabric of Meta, WhatsApp, and Apple, aiming to pull in even more gamers.

Gamefi tokens are making a comeback despite the selloff, and adding to the hype we've figured out when retail investors will enter ...
(X)

With Telegram now a seamless entry point for users, they’re bolstering the largest GameFi community around.

Something to consider is that while Nakamoto consistently onboards users, it has lost half of its market cap since the start of summer.

Now trading $0.81, with a $52 million market cap, this could be a good entry point for one of GameFi’s biggest hubs.

GameFi Token Pick #2: Gala Games

Gala Games, a longtime GameFi indie gaming platform, had you sound the alarms last month.

Their Discord and Telegram channels, once buzzing in 2022 and 23, became rife with scams and bots. Popular for hosting vibrant communities, these platforms have become prime targets for scammers posing as legitimate members or authority figures.

“Scammers exploit these platforms by embedding themselves within groups, often posing as regular members or even authority figures.” – Gala

Gala is the closest thing we have to one of those websites where you play flash games during your computer class.

It’s not perfect, but there are several indie games like Superior and Grit that could easily break into Steam.

Pick #3: The Next Shiba Inu, Shiba Shootout

 

Shiba Shootout is breaking the meme coin mold, offering a Wild West-themed experience with meme duels, crypto poker, and play-to-earn games for crypto fans seeking fun and function.

Having hit $2 million in presales, Shiba Shootout is just getting started on its meme and GameFi path.

For investors caught in the GameFi narrative, Shiba Shootout’s $SHIBASHOOT tokens lure with eye-popping APYs up to 1,659%, offering a sweet blend of passive income and active fun.

Shiba Shootout embodies community spirit and innovation, leading the charge in the meme coin world with a player-centric, dynamic experience.

Get in on SHIBASHOOT – ‘cause it’ll be the last Shiba standing when the dust settles!

EXPLORE: AI Narrative Back As FET Crypto and TAO Crypto Most Searched: Top 5 Crypto AI Coins to Buy in August

READ MORE: Crypto Industry Accounts For Nearly Half Of Corporate Election Spending

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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Isaiah Mccall
Isaiah Mccall
Crypto Analyst

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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