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The online crypto gaming market seems to have gained significant traction over the past years, offering an outstanding opportunity for people to actively participate in earning a variety of rewards through playing various games. Some of the P2E game cryptos that have stood out in 2024 include Floki (FLOKI), Gala (GALA), Sandbox (SAND), Decentraland (MANA), and KangaMoon (KANG).
Each of the play-to-earn cryptos mentioned above offers an outstanding proposition within the crypto market. KangaMoon, which is in its last presale stage, has managed to create a buzz, having raised more than $5.9M in presale.
By offering a standard utility, KangaMoon (KANG) will become a hope beacon within the gaming industry, attracting the attention of many gaming enthusiasts. This presale star has managed to produce over 290% ROI for its early investors, having raised more than $6 million to surpass the 75% mark. Many people foresee a possible $7M by the end of the month according to the trajectory it is on.
Being a P2E games crypto dedicated to delivering the best services to its community members, KangaMoon has also partnered with RiotSharksBot to add raids to the mix while offering a $1,000 monthly reward pool. This is aimed at fueling the fire within the KangaMoon ecosystem while providing its users with a chance to earn crypto by playing games.
KangaMoon also stands out by offering its users a special avenue to easily engage in weekly, monthly, or even quarterly challenges. Apart from taking part in the games, KANG holders will also earn free tokens by participating in different community activities, such as posting and sharing tweets that promote KangaMoon online.
With such a record, KangaMoon is set to become the best play to earn coins to invest in. Moreover, due to the buzz generated by the $200B NFT market, this crypto offers the chance of gaining more. Owing to this, KangaMoon's continued surge could raise its price to $0.5 once listed in tier-1 exchange platforms.
Like most cryptos that witnessed a dip on the 27th of April, the Floki coin was also not an exception, as its value plummeted. However, the dip in Floki's price only lasted for a short while as the price started showing signs of recovery. According to a tweet by YourPOP, a crypto analyst, Floki and Pepe were among the list of cryptos that showcased a value drop of up to 11% and 12%, respectively.
However, the last few hours have been positive for crypto, as the price of Floki coin, according to CoinMarketCap, moved up by at least 2%. Floki's price is trading at around $0.0001670, with a market cap of over $1.6 billion. With such a slight surge in the price of Floki, analysts remain optimistic that it could soar even higher, with many of them having a positive price prediction for Floki coin.
Gala (GALA), the primary crypto for the Gala Games, is quite useful in acquiring NFT items. By increasing blockchain transaction fees, Gala compensates for the participation of its founders and node operators. The system works by distributing the GALA equally among node operators and the guardianship of the Gala Games. Over the past week, the price of Gala coin showcased a strong upward trend, leading to a surge of over 15%.
Moreover, the Gala coin has showcased a significant improvement over the past year, having surged by 10% to reach an overall growth of around 2,913%. Owing to this, the Gala coin has remained a top choice for many traders wishing to multiply in value exponentially. With the price of Gala trading at around $0.04460, which reflects an 8% dip within the last day, according to CoinMarketCap, Gala still boasts a market cap of around $1.35B.
SandBox (SAND) offers an outstanding platform where users can easily generate content. This makes it possible for the Sandbox users to trade and also build virtual assets including avatars and other in-game assets. With the Sandbox token SAND serving as the main currency within the platform, it has simplified transaction-making while still rewarding creators for their outstanding contributions.
Sandbox coin started the year on a positive trend, witnessing a surge of over 70% above the support level. However, the price of Sandbox has dipped by around 4.6% over the past day. Despite the recent dip, analysts still believe that this P2E games coin will regain its surging momentum—something that has led to a positive price prediction for SAND as it trades at $0.4390, according to CoinMarketCap.
Decentraland (MANA) price managed to remain steady at a crucial price level of around $0.37 as of April 14TH, indicating cryptos' resistance to bears and suggesting a bullish momentum resurgence. However, the Decentraland coin's recent dip of 2.31% to trade at $0.45, despite a weekly surge of 8.05%, indicates that bears are still active.
Therefore, if the demand for Decentraland coin increases, the coin will undergo a major recovery from its trading price, which is around $0.43, according to CoinMarketCap. The price prediction for Decentraland coin might also reach $0.56 or even higher to $0.64. However, if the price of Mana falls below the $0.37 support level, then it could drop even further.
Each of the above-mentioned cryptos has stood out as the best play to earn cryptos. However, KangaMoon is positioning itself as the best online crypto gaming platform that offers its holders a chance to enjoy high return potential.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
