Beam

Ronin

MultiversX

<img src="https://cdn.thebittimes.com/images/2024/05/07/1715097080.webp" alt="">
The current market turbulence has triggered massive selling pressures with most cryptocurrencies losing value over time. While the downtrend has sparked panic waves on the market, it has also presented an opportunity for discerning traders to buy promising projects at a discount. For crypto enthusiasts who are thinking long-term perspectives, here are the best crypto gaming tokens to accumulate as the market retreats.
<h2 dir="ltr" id="span-kangamoon-kang-massive-100x-growth-potential-span">KangaMoon (KANG) Massive 100x Growth Potential</h2>
With an attractive community-driven approach and massive 100x growth potential, KangaMoon (KANG)&nbsp; is emerging as a top GameFi token to watch in 2024. The Play-to-Earn gaming platform is drawing attention on the market as traders shift to its presale, which has already raised over $6 million in revenue funding.
The meme project prioritizes its community, bringing together meme enthusiasts and traders who will take part in battle-themed challenges and tournaments and ultimately earn passive income. For instance, KangaMoon has partnered with RaidSharksBot to improve engagement and bolster excitement in the ecosystem.
Meanwhile, the KANG token will serve as in-game currency on the platform. With KANG, players will access exclusive games, upgrade their characters, and buy in-game items on the Kangaverse marketplace. Remarkably, the KANG token has already recorded over 290% ROI in price value since the start of its presale, making the GameFi token among the best cryptos to invest in 2024.
Attractively priced at $0.0196 at stage five presale, the KANG token is strategically set for more astronomical gains. For one, KangaMoon could get listed on Tier-1 CEX in Q2, which experts hint would pump its price 50x time.
Additionally, as the meme coin prepares to enter the P2E gaming industry that is projected to increase in value to $885M by 2028, KangaMoon’s value could propel further. As such analysts see the gaming token gaining over 700% by the end of its presale. Thus, now is the best time to join the KangaMoon community.
<h2 dir="ltr" id="span-floki-price-span-span-action-what-to-expect-in-the-next-bull-cycle-span">Floki Price Action—What to Expect in the Next Bull Cycle?</h2>
Amid the broader bearish market, Floki Crypto has experienced a massive downturn, failing to climb above its key resistance level. The current downtrend in the price of Floki reflects massive selling pressures that are headed toward the demand zone around $0.0001044.
Moreover, current Floki’s price outlook indicates a lack of interest and momentum, suggesting that more buyers need to trigger a price reversal. Floki technical analysis showcases bearish sentiments and the downtrend may continue as more and more traders sell off their cryptos, and investors take their profits.
In any case, the next bull cycle could trigger a price reversal for Floki crypto as buyers make continuous efforts to take charge of the market trends. Moreover, new developments in the ecosystem may also trigger a Floki price rally. So, if you’re thinking long-term during this market dip, the Floki coin could still be worth considering.
<h2 dir="ltr" id="span-beam-beam-records-a-surge-in-trading-volume-amid-a-dipping-price-trajectory-span">Beam (BEAM) Records a Surge in Trading Volume Amid a Dipping Price Trajectory</h2>
Beam coin takes a different approach to GameFi by focusing on its user’s privacy. This privacy-focused blockchain project makes use of anonymous transactions, making it stand out for players looking for a more secure in-game experience. As the GameFi space continues to expand, concerns regarding in-game asset ownership and also transaction security have become of importance. However, Beam’s privacy-focused mechanism offers lots of benefits to the GameFi players.
Despite the price of Beam struggling to regain a surging momentum, its 24-hour trading volume has recorded a 47% surge. While different analysts including<a href="https://x.com/ZssBecker/status/1782146748971987258" target="_blank" rel="noopener noreferrer nofollow"> Alex Becker</a> have been anticipating the return of gaming cryptos, The price of Beam coin only managed to record a surge of 7% over the past week. Trading at around $0.02250 according to<a href="https://coinmarketcap.com/currencies/onbeam/#Chart" target="_blank" rel="noopener noreferrer nofollow"> CoinMarketCap</a>, experts still believe that the price of Beam coin will surge to fulfill <a href="//woods.ai" target="_blank" rel="noopener noreferrer nofollow">Woods.ai</a> price prediction of Beam which indicated that this coin will hit the $0.5 mark in the coming weeks.
<h2 dir="ltr" id="span-multiversx-egld-faces-dipping-market-challenges-despite-bullperks-partnership-span">MultiversX (EGLD) Faces Dipping Market Challenges Despite BullPerks Partnership</h2>
MutiversX (EGLD) blockchain network announced its<a href="https://x.com/MultiversX/status/1772600253444735418?s=20" target="_blank" rel="noopener noreferrer nofollow"> partnership with BullPerks</a>, which is a venture capital firm. Due to this partnership, MultiversX managed to witness a massive expansion topped with the eventual sustainability of the EGLD ecosystem. This move also enabled the MultiversX price to surge trading at around the $53.70 mark as of April 4th according to<a href="https://coinmarketcap.com/currencies/multiversx-egld/#Chart" target="_blank" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
However, the recent price of MultiversX coin seems to be struggling within the crypto market trading at around the<a href="https://coinmarketcap.com/currencies/multiversx-egld/#Chart" target="_blank" rel="noopener noreferrer nofollow"> $37.00</a> mark, which is a 24-hour dip of 6%. This surge was also witnessed in MutiversX market cap which has recorded a 6% dip to reach the 998M mark. Amid all this experts still believe that the price prediction of MultiversX remains positive despite its recent market dip momentum.
<h2 dir="ltr" id="span-ronin-ron-hyped-integration-with-coinbase-seems-to-be-dying-off-span">Ronin (RON) Hyped Integration with Coinbase Seems to Be Dying Off</h2>
Ronin (RON) underwent a significant development with its recent addition to Coinbase. This move significantly broadens RON coin accessibility, while allowing the Coinbase community to engage with the token effortlessly. The RON integration acts as a testament to Ronin and Coinbase commitment to fostering participation and accessibility within the digital asset economy. Something that highlights the increasing growth of blockchain gaming and the importance of tokens like RON in enhancing gaming transactions, staking rewards, and NFT trades.
While the partnership had a huge impact on the price of Ronin when announced, this momentum seemed to have died off, as the Ronin coin regained a dipping trajectory to trade at $2.50 according to<a href="https://coinmarketcap.com/currencies/ronin/#Chart" target="_blank" rel="noopener noreferrer nofollow"> CoinMarketCap</a> which is a dip of 9% in 24 hours. As the price of Ronin coins continues to dip crypto experts are still hopeful that in the coming weeks, Ronin will start to surge to fulfill a positive Ronin price prediction.
<h2 dir="ltr" id="span-in-summary-span">In Summary</h2>
Often undervalued in the crypto market, the GameFi industry harbors promising gaming tokens like the ones mentioned above. With a unique community-driven approach and high potential growth, these play-to-earn gaming tokens are worth considering in the current market dip to stand a chance of gaining massive returns in the next bull cycle.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Website: <a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">https://kangamoon.com/</a>
Join our KangaMoon Community:<a href="https://t.me/kangamoonofficial" target="_blank" rel="noopener noreferrer nofollow">https://t.me/kangamoonofficial</a>
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ultimate-gamefi-list-here-are-five-best-gaming-cryptos-to-keep-an-eye-on-during-the-market-dip-tbt87686.html">https://thebittimes.com/ultimate-gamefi-list-here-are-five-best-gaming-cryptos-to-keep-an-eye-on-during-the-market-dip-tbt87686.html</a>

Ultimate GameFi List: Here are Five Best Gaming Cryptos to Keep An Eye On During The Market Dip

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