Altcoins
3 Best Performing Gaming Altcoins Today
The gaming cryptocurrency sector has seen growth with a global market capitalization of approximately $22.8 billion, with an impressive 18.6% increase in trading volume to approximately $2.3 billion. Many altcoins are attracting interest due to their strong performance. Let’s explore the world of three gaming altcoins gaining attention today: Floki Inu (FLOKI), BinaryX (BNX), and Myria (MYRIA)
1. Floki (FLOKI)
FLOKI, the utility token of the Floki ecosystem, has made notable progress in recent times. Priced at $0.0002199, this altcoin saw an increase of 10.75% over the past day. Its performance over the past week is also noteworthy, growing 30.49% in value.
Floki Inu boasts a market capitalization of $2.1 billion and a trading volume of $949.8 million in the last 24 hours.
FLOKI is used to play and earn in Valhalla, which is Floki’s Play to Earn NFT Metaverse. The token is used for in-game purchases in this virtual world.
Additionally, the Floki ecosystem includes various other utilities like a decentralized finance platform, crypto education platform, and NFTs. It started as a meme but grew into a project with multiple uses, including game.
2. BinaryX (BNX)
BinaryX (BNX) is increasingly recognized for its stable performance as another gaming altcoin. With a price of $0.978, it showed an increase of 7.07% over the last day and an increase of 4, 59% last week. BinaryX consolidates its presence in the cryptocurrency sector with a market capitalization of $357.7 million.
Importantly, the trading volume over the past day reached $42.8 million, showing that investors are actively engaged.
BinaryX is an initial game offering (IGO) and blockchain gaming platform that has created several games for the Web3 environment and metaverse. Popular games are CyberChess, CyberDragon and CyberLand.
The BNX token is used in these games for different in-game transactions and activities. Its main aim is to improve the token models of their games to provide an enjoyable gaming experience.
3. Myria (MYRIA)
Amid the unpredictable cryptocurrency market, Miria the token stands out as a beacon of stability and growth. Trading at $0.00565, Myria saw significant growth of 6.81% in the previous day and 8.13% in the past week.
With a market capitalization of $104.4 million, it provides a solid foundation for future growth. Myria remains attractive to investors with a trading volume of $1.65 million.
MYRIA is a ERC-20 utility token running on Myria’s Layer 2 scaling protocol on Ethereum. It offers no gas fees for transactions, which appeals to gamers and developers. The platform provides services such as Myria SDK for game developers, Myria Marketplace for NFT collections, and Myria Nodes for token rewards.
The token enhances game utility and benefits for holders, supporting the growth of the Web3 gaming ecosystem.
BinaryX and MYRIA demonstrate the integration of gaming tokens for utility and rewards into their ecosystems.
Conclusion
The gaming altcoin landscape is rife with potential and opportunities for investors. With Floki, BinaryX and Myria showing impressive performances, the stage is set for further exploration and investment in this dynamic area. As the industry continues to evolve and innovate, these altcoins demonstrate the transformative power of blockchain technology in the gaming industry.