The crypto gaming market continues to grow rapidly, with many investors looking for the best altcoins to invest in. As blockchain games gain traction and player bases expand, certain infrastructure tokens have emerged as frontrunners for 2024. The following are top crypto gaming altcoins and some bonus picks that show strong potential in the upcoming year.
Ronin Network: Leading the Way in Blockchain Gaming
With 1.36M daily active users, the most recognized and widely used platforms in crypto gaming is the Ronin Network. Developed by the creators of Axie Infinity, this network is integral to the gaming ecosystem. Axie Infinity still maintains a large and active player base – additionally, Ronin has recently welcomed games into ecosystem such as Pixels which has exploded to over 1 million daily active users compared to its a few thousand during its days under Polygon. With millions of registered users, Ronin continues to dominate the blockchain gaming space.
The Ronin Network has been onboarding new games, further expanding its utility and reach. Recently, seven new games were added to the platform, signaling ongoing growth. Players and investors alike have flocked to Ronin for its user-friendly staking options. Additionally, its popularity is evident across platforms like Twitter and Discord, making it the top gaming chain at present. For those looking for a well-established, highly engaged gaming network, Ronin offers solid fundamentals.
$RON Token: https://coinmarketcap.com/currencies/ronin/
XAI Games: Rising on Arbitrum
XAI Games is gaining attention as an Layer 3 on the Arbitrum network, which is designed to support gaming applications. While it is still in its early stages, the platform has already onboarded eight games, with more in development. XAI is backed by significant funding and shows promise for future expansion.
Although it lacks the extensive user base and fundamentals of more established networks, XAI has considerable upside potential. With the crypto gaming market poised for a bull run, early-stage projects like XAI could experience substantial growth.
$XAI Token: https://coinmarketcap.com/currencies/xai-games/
Myria: Building on Layer 2
Another platform with potential for future growth is Myria, which operates as a Layer 2. Myria has been onboarding a series of new games and collaborating with several gaming partners. Though still in its development phase, it is attracting attention for its promising ecosystem.
While Myria does not yet have the extensive user base just yet, its strong backing and growing list of games make it a potential investment for those willing to explore riskier, smaller-cap tokens. As the market improves, platforms like Myria that are still building their infrastructure can often outperform once their ecosystems mature.
$MYRIA Token: https://coinmarketcap.com/currencies/myria/
GameSwift: Merging Gaming and AI
GameSwift differentiates itself by integrating AI technology with its gaming platform. Built on the Optimism network, GameSwift offers a unique opportunity for those interested in the intersection of AI and gaming. This platform allows users to earn tokens by contributing data to its AI system through its launcher, where their computers work for the platform’s AI engine.
GameSwift has significant backing from firms like Animoca Brands, making it a strong contender for future growth. As the narrative around AI continues to gain steam, GameSwift could capitalize on both the gaming and AI trends. While still in its early stages, the dual appeal of gaming and AI makes GameSwift an intriguing option for those looking for something beyond traditional crypto gaming.
$GSWIFT Token: https://coinmarketcap.com/currencies/gameswift/
Hyptopia: An Approaching Gem
Hytopia is another promising crypto gaming altcoin, though it remains undervalued. It has already launched a few games with an active player base and has attracted attention due to its strong venture capital support and it’s ecosystem nodes. However, unlike some of its competitors, it has not yet been listed on major exchanges like Coinbase or Binance, which could present a unique opportunity.
Once Hytopia gains listings on larger exchanges, its value could rise significantly. Investors interested in discovering low-cap coins before they hit mainstream platforms may find Hopia to be an attractive option. With good fundamentals and significant room for growth, the chain could be one of the hidden gems of the crypto gaming space.
$TOPIA Token: https://coinmarketcap.com/currencies/hytopia/
Bonus Altcoins to Watch
In addition to these five gaming tokens, there are a few upcoming projects that could also present valuable opportunities once they launch. Among them are:
- $BORNE Token, an upcoming L1 chain token supporting the Spellborne game on the Avalanche (AVAX) chain.
- Revolving Games’ $ARCADE, another token built on AVAX that has yet to be released.
- MetaXSeed Games, a token on the AVAX chain, also set to launch soon.
These tokens are still in development, but they have shown promising signs of future growth, backed by strong teams and funding. As these coins move closer to launch, they could see significant action, making them worth keeping an eye on for early investors.
Diversification in Crypto Gaming Investments
In the crypto gaming market, there are numerous opportunities for growth. However, with so many coins and platforms to choose from, it is essential for investors to carefully select projects that align with their risk tolerance and long-term goals. Large networks like Ronin offer more stability and proven utility, while smaller, emerging tokens such as XAI Games and Myria provide higher-risk, higher-reward scenarios.
By diversifying across established networks and newer platforms, one may position themselves to benefit from the next wave of growth in crypto gaming. As the sector continues to expand and attract more players, these five tokens and a few promising bonus projects represent some of the top choices to consider for 2024.
