For the upcoming 2024 bull run, several gaming-related cryptocurrencies, particularly those within the metaverse and play-to-earn (P2E) sectors, are positioned for growth.
1.The Sandbox (SAND): As a decentralized virtual world where users can create, share, and monetize digital assets, SAND has strong bullish potential, especially as its user base grows. The price is closely linked to the expansion of the Sandbox ecosystem, including partnerships with major brands. If the platform’s metaverse trend continues, SAND could test resistance levels around $1.50–$2.00.
2.Axie Infinity (AXS): Known for its play-to-earn model, Axie Infinity has faced volatility but remains a strong player in the gaming industry. AXS’s value is driven by its evolving ecosystem and network growth. If the game’s popularity rebounds, especially with new updates and features, targets around $100–$120 are possible in the next bull market.
3.Decentraland (MANA): MANA powers Decentraland, another popular metaverse platform where users can buy virtual real estate and create content. Despite facing competition, Decentraland’s focus on social interaction and virtual commerce gives it strong upside potential. A return to previous highs or even targets of $4.00–$5.00 may be within reach if user growth continues.
4.Illuvium (ILV): As one of the newer but highly promising titles in the gaming ecosystem, Illuvium’s focus on immersive 3D gameplay and decentralized governance has attracted attention. Given its ambitious roadmap, its price could aim for $100–$150 in the 2024 bull market if it gains more traction in the gaming community.
5.Alien Worlds (TLM): This game is focused on exploration and mining in a decentralized metaverse. Its dual-token model and staking options have positioned it for potential growth, with some projections indicating that TLM could see significant price appreciation, potentially reaching $1.00–$1.50 depending on adoption.
What are You 5 picks for BULL run ? In gaming category ?