Top 3 Gaming Cryptocurrencies to Watch Out this Month-Featured Image

Top 3 Gaming Cryptocurrencies to Watch Out this Month [MAY 2024]

In the cryptocurrency market, the prices of different narratives are on the rise. One of the best-performing narratives is AI. As we mentioned earlier, the AI tokens are surging with impressive gains, including Render (RNDR), Fetch.ai (FET), and Akash Network (AKT). But today we are going to see the top 3 gaming narrative tokens that can beat the AI tokens in this month.

Top 3 Gaming Cryptocurrencies:

let’s explore three gaming tokens that are ready to give breakouts:

1.) Axie Infinity (AXS):

Axie Infinity, the video game where you collect, breed, raise, and battle adorable creatures called Axies, is ready to make a surge with its native token $AXS as it has broken out of a downtrend resistance trendline at $7.42 level. As of now, the AXS token is trading at $7.43 with a market capitalization of $1.07 billion. A successful retracement will take AXS to above the $9.50 price level.

2. Gala (GALA):

Gala, the third-ranked gaming token, is currently trading at the $0.04321 level with a 1.32 billion market cap in a symmetrical triangle pattern. If a successful breakout happens at its resistance trendline level of $0.04703, we can see the GALA token reach the $0.06018 level in the coming days.

3. Beam (BEAM):

Beam, the fourth highest marketcap gaming token, is in a race as it has formed a downtrend channel. The resistance trendline is at the $0.02759 price level; if it breaks, we can see BEAM reaching the $0.03389 price mark. As of now, it is trading at $0.02421 with a market cap of $1.20 billion.

Conclusion:

These three tokens—Axie Infinity’s inventive gameplay, Gala’s varied gaming ecosystem, and Beam’s spirit of competition—are sure to pique the interest of both investors and players.

Disclaimer:

This article’s content is meant to be informative only; it is not intended to be interpreted as financial advice. Investing in cryptocurrency markets involves inherent risks due to their high volatility and speculative nature.

Nilesh-Hembade-Author Profile Image
Nilesh Hembade

Nilesh is a seasoned Crypto Author with over 4 years of experience in the cryptocurrency industry. He holds a certification from Binance in Blockchain Course, showcasing his expertise in blockchain technology. With a deep understanding of the crypto space, Nilesh has provided valuable insights and analysis to readers, helping them navigate the complexities of the market

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