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Top Projects To Turn 2X Amid Bear Market

Top Projects To Turn 2X Amid Bear Market

The crypto industry is widening and new concepts are implemented to grab the attention of the users. As the market witnesses new technology involvement and models, investors are experimenting with each module to understand the potential. Moreover, following the recent market meltdown, the search for various industrial offerings has intensified.

Interestingly, the current trend of the market relies on gaming and metaverse projects as the concept it offers covers the attention of users. The play-to-earn concept is completely driving the attention of developers and gamers into it. On the other-hand, the metaverse is a new-entry into the market letting crypto users amaze with its features and services. Additionally, LBank is one of the top exchanges which is currently aiming to become a platform for metaverse projects. The firm eventually focuses on creating a marketplace for metaverse-related projects.

As a result, Axie Infinity, The Sandbox, and Gala Games are the best bets in the market, which are likely to double in the near future. Among these three projects, Axie Infinity and The Sandbox are metaverse-based blockchain gaming platforms. While GALA is a blockchain gaming platform that operates on the play-to-earn concept.

Top Picks Of Gaming Platforms

The first token is Axie Infinity (AXS), which is a blockchain-based gaming metaverse. It allows users to gather and breed digital pets known as Axies, which can then be utilized in a turn-based card game. At the time of writing, AXS was trading at $51.15 and has surged up to 7.57% in the last 24-hours.

The next project on the list is The Sandbox (SAND), which has become one of the promising projects in the metaverse industry. The Sandbox is a virtual metaverse where gamers can create, own, and sell their gaming experiences using the Ethereum blockchain’s utility currency SAND. Once a player has purchased a plot of LAND, they can fill it with games and ASSETS.

Sandbox is growing in popularity and adoption while its existence and involvement in the metaverse industry have led to it. However, the current price of SAND is $3.19, while the price value has soared over 8.86% within a day. Sequentially, if SAND continues its bullish trend then it could move upwards and reach the range of $3.70 to $3.75.

The final token in the list is Gala Games (GALA), which is a blockchain gaming platform. Moreover, it integrates Non-Fungible tokens (NFT) to build a blockchain gaming community that lets players sell and own game assets globally and at any time. At the time of writing, GALA is trading at $0.2367 which is 6.38% up in the past 24-hours.

Furthermore, the previously mentioned projects are worth giving them a try as they are potential ones among the gaming and metaverse sectors. As a matter of fact, investors should do their own research before investing in any projects. Thus, Axie Infinity, The Sandbox, and Gala Games are active projects to consider in business.

The post has appeared first on thenewscrypto.com

Read more: https://thenewscrypto.com/top-projects-to-turn-2x-amid-bear-market/

Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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