15 Best Gaming Crypto Coins to Invest in 2024

With the development of Web3 via blockchain technology in the last few years, we have witnessed a growth in the number of crypto gaming projects. As many metaverse gaming crypto projects allow players to monetize their experience, investors are looking for the best GameFi crypto tokens to trade. 

This guide reviews the best gaming crypto projects to invest in 2024.

The Best Gaming Crypto Tokens to Buy Today

Best GameFi Project Cryptos Reviewed

The sections below discuss the best crypto gaming coins by analyzing their use cases, monetary features and token prices. 

1. Sponge V2 – Overall Best Gaming Crypto Token With A 175% APY

Sponge V2 ($SPONGEV2) is currently on top of our best gaming crypto coins that has evolved significantly from its origins as a meme coin. It now offers better utility and a high annual percentage yield (APY) for early stakers.

It builds on the legacy of the original Sponge token, which saw a 100x increase in market value in 2023. This new version aims to include more useful features and target listings on major exchanges like Binance and OKX.

Sponge V2 differentiates itself by introducing a play-to-earn game, “Sponge Racer.” This game allows users to engage more actively with their SPONGEV2 tokens, earning additional tokens through gameplay.

A key feature of Sponge V2 is its “Stake-to-Bridge” model. This allows holders of the original Sponge tokens to stake them for V2 tokens, effectively locking the V1 tokens permanently. This model supports old and new investors, offering a minimum of 40% APY over four years.

The total supply of Sponge V2 tokens is 150 billion, with a significant 43.09% reserved for staking rewards. Additionally, 8% is allocated for play-to-earn gaming rewards, underlining the project’s commitment to token utility and active community involvement.

Building on the success of its predecessor, Sponge V2 has a community of over 30,000 members. It plans to leverage this base for broader adoption and growth, aiming to recreate the success of the original Sponge coin by securing listings on prominent exchanges.

Interested users can enter the Sponge V2 Telegram channel for the latest updates.

Presale Started	Dec 2023
Purchase Methods	ETH, USDT, Card
Chain	Ethereum
Min Investment	None
Max Investment	None

Visit Sponge V2

2. 5th Scape – VR and AR Gaming Cryptocurrency, Token Holders Get Discounts on All Products

The next top gaming cryptocurrency is 5th Scape ($5SCAPE). This is the world’s first augmented and virtual reality crypto gaming ecosystem. With the $5SCAPE token, investors get exclusive and lifetime access to a range of VR-themed gaming modes and educational resources. 

On 5th Scape, you can experience hyper-realistic gaming ecosystems. According to the 5th Scape whitepaper, the platform will soon launch its first VR game – Cage Conquest. This is an MMA-themed VR game where you can participate in training sessions and online tournaments. 

The battles will take place across iconic MMA areas. By using VR gaming headsets, 5th Scape offers precise motion tracking to depict real-life battle scenarios. You can also access Cricket and Soccer-themed simulations.

Token holders get discounts on headsets and gaming chairs. These products feature ergonomic designs and intuitive controls. Token holders also get free access to online educational modules and seminars. 

Currently, $5SCAPE is priced at $0.00187 during its ongoing presale round. The presale will consist of twelve rounds, with a set hard cap target of $15 million. 80% of the total 5.21 billion token supply is allocated for the presale. 

So far, the presale has raised $950K. Stay updated with this VR cryptocurrency by joining the 5th Scape Telegram channel. 

Visit 5th Scape

3. eTukTuk – Make Payments at EV Charging Stations with this Sustainable Crypto 

eTukTuk is creating a sustainable alternative for eTukTuk drivers by combining crypto as a source of payment and revenue-earning opportunities. While eTukTuk is not exactly a gaming project – its different stakeholders can earn several rewards. 

The most important stakeholders for eTukTuk are the TukTuk drivers of developing nations – who are struggling to make a minimum wage due to the rising gas prices. Furthermore, most TukTuks currently function using ICEs (Internal Combustion Engines) – which contribute to environmental pollution and are slowly becoming obsolete. 

eTukTuk will connect with local territory partners in Sri Lanka and other developing countries to build EVSEs (Electric Vehicle Supply Equipment) and ZEVs (Zero Emission Vehicles). TukTuk drivers can adopt ZEVs and make payments on the EVSEs with the $TUK token. 

Territory partners can operate the EVSEs and earn a portion of the rewards generated through these plants. $TUK token holders can also generate rewards by staking $TUK into power nodes. As tokens are used to power the EVSE, users can earn annual staking yields as high as 126%. 

TukTuk drivers can easily make payments through an app. This process is expected to save drivers over 400%. $TUK is priced at $0.028 during the ongoing presale round – which has raised over $1.9 million. 

Read the eTukTuk whitepaper and join the Telegram channel to learn more about this cryptocurrency. 

4. Wall Street Memes Casino – Telegram Casino Offers 200% Matched Deposit Bonuses, Get 200 Free Spins with $WSM

Wall Street Memes, the team behind this casino, has over 1 million followers across top social media channels like Twitter and Instagram. After releasing a successful NFT project in 2021, Wall Street Memes raised over $25 million on presale with the $WSM token. 

The next big project is the Wall Street Memes Casino – which leverages Telegram’s bot to offer advanced security measures and supports instant deposits and withdrawals. On your first deposit on Wall Street Memes Casino – you can get a 200% matched deposit bonus of up to $25,000 + 10 free spins. 

However, those making the deposit with $WSM tokens can avail 200 free spins instantly. The wagering requirement is set at 6x for 10% of the bonus amount. Along with $WSM, other cryptos such as Bitcoin, Ethereum, Dogecoin, and Tether are also available as payment options. 

The casino offers access to over 5,000 slot machines, game shows, live casino games, and crash games. Through an extensive sportsbook – users can bet on over 1,000 live markets and access a handful of eSports betting opportunities. 

In the future, Wall Street Memes Casino will incorporate a Diamond Hands loyalty program to offer exclusive rewards to loyal customers. 10% of all the net profits generated on the casino will also be used to buy back $WSM tokens. 

Join the Wall Street Memes Telegram casino and access the Twitter handle to stay updated with this casino gaming platform. 

 

5. DogeStar – New Meme Crypto Featuring an Upcoming Metaverse Game, Soaring on Presale

The next gaming coin to invest in is DogeStar ($DOGESTAR). More than just another Doge-themed meme coin, DogeStar will soon flourish with multiple DeFi ecosystems such as a metaverse game, and a NFT marketplace. 

DogeStar will focus on building its community by promoting education, entering into strategic partnerships, and expanding its use cases. The main component of DogeStar will be an upcoming metaverse game. Through this platform, players can leverage their $DOGESTAR tokens to earn multiple rewards. 

According to the DogeStar roadmap, the platform will also start developing an NFT marketplace and create their own merchandise store. All these features will provide more value to $DOGESTAR – which is currently available to buy on presale. 

During the fourth presale round, $DOGESTAR is priced at $0.00000025 per token. Once the presale ends, the platform creators will launch the token on centralized (CEX) and decentralized exchanges (DEX). The DEX listing has been planned for Uniswap – one of the biggest crypto exchanges in the space. 

DogeStar has also set the listing price to $0.0000006 per token – a 140% price jump from current levels. After the token lists, DogeStar will push for the token’s release on popular crypto sites such as CoinMarketCap and CoinGecko to increase its popularity. 

Since the start of the presale, DogeStar has raised over $315K. The smart contract of DogeStar has been audited by Coinsult, and the team behind this project comprises of Web3 developers, graphic designers, and blockchain experts. 

Join the DogeStar Telegram channel and follow the Twitter account to stay updated with this cryptocurrency. 

6. Tamadoge – Popular Gaming Crypto to Invest in 2023

Tamadoge (TAMA) is the native cryptocurrency of the Tamaverse – a play-to-earn (P2E) ecosystem leveraging tradable NFT protocols, allowing players to monetize their gaming experience.

With the introduction of ‘To The Moon,’ Tamadoge, the successful play-to-earn gaming platform, has once again captured the attention of gamers. This is the third game in the Tamadoge arcade lineup, which has seen thousands of hours of total playtime.

One of the top crypto gaming coins, TAMA is used to purchase Tamadoge pets – virtual dog-like avatars which can be purchased on the Tama store. These pets are used in community-wide competitions, allowing the top players to earn TAMA as a reward. 

With a total of just 2 billion coins, TAMA has one of the smallest circulating supplies in the meme coin space. Concluding one of the best crypto presales in 2022, Tamadoge raised $19 million in 8 weeks and then pumped to an all-time high of $0.194 in late 2022.

The price has since retraced but a breakout year is expected with its main game, two arcade-style mini-games and an Augmented Reality (AR) Tamadoge app – retaining the same P2E dynamics as the web-based platform – on the way in 2023.

The supply will also soon be subject to a 5% burn, decreasing the number of tokens and increasing their value – with all purchases in the pet store subject to the burn.

All told, we expect Tamadoge to be one of the fastest growing cryptocurrencies in 2023. 

Follow the Tamadoge Telegram Channel to stay updated with the latest news surrounding Tamadoge.

Buy TAMA on OKX

 

7. Scorpion Casino – Online Casino Democratizing Gambling With Daily Passive Income

Scorpion Casino, licensed by the Curacao EGaming Authority, is set to transform the online gambling industry by leveraging the growing crypto market.

It offers a unique feature where users earn up to $10,000 USDT daily through passive staking income directly linked to the platform’s performance. This aims to democratize the gambling sector and offers an attractive earning opportunity amid a volatile market and rising inflation.

The platform distinguishes itself with over 210 casino games and 160 live games from renowned software providers, alongside a sportsbook covering more than 35 markets. 

The recent launch of the $SCORP token offers multiple use cases including staking benefits, free credits, and as a payment method within the Scorpion ecosystem, improving user engagement and loyalty. The platform raised over $4.2 million in just a few weeks of its launch, showing strong investor interest.

Scorpion Casino also plans to include a buyback and burn mechanism to reduce the circulating supply of $SCORP tokens, potentially increasing their value over time. This and a comprehensive affiliate rewards system show the platform’s commitment to community growth and passive income generation.

Visit Scorpion Casino

8. Decentraland – Virtual Real Estate GameFi Token

Decentraland is a virtual reality platform built on the Ethereum blockchain. This decentralized project allows players to monetize content and applications on its virtual ecosystem, dubbed the metaverse. 

There are two tradable aspects on Decentraland – LAND and MANA. On the platform, players can buy, sell and trade 90,601 individual parcels of LAND – which are minted as NFTs using ERC 721 smart contracts. MANA is an ERC-20 token and the native cryptocurrency which allows participants to trade on Decentraland. 

In 2017, Decentraland raised $24 million, completing one of the best crypto ICOs. After launching at just $0.025, Decentraland’s native token reached an all-time high (ATH) of $5.90 in 2021. At the core of Decentraland is the cryptocurrency’s DAO (decentralized autonomous organization) – consisting of community members participating in the ecosystem’s management and improvement. 

According to CoinMarketCap, MANA is available to purchase at $0.69 per token. 

9. Axie Infinity – Metaverse Gaming Cryptocurrency with $3.6 billion Trading Volume

Axie Infinity is a popular play-to-earn game with tradable NFT characters and different virtual currencies. On Axie Infinity, players engage with virtual pets – known as Axies. Minted as NFTs, players can purchase any of the 700,000 + Axis available on the platform. 

According to the Axie Infinity website, the most expensive Axie was sold for $820,000. Another GameFi collection token on the platform is LAND – which represents a virtual plot of territory which can be purchased. 

Axie Infinity has two main virtual currencies – AXS (Axie Infinity Shard) and SLP (Smooth Love Portion). The SLP tokens represent the in-game tokens that can be earned through gameplay. AXS is the governance token, giving platform members the decision-making power to maintain the platform. AXS is also distributed to the top 300,000 ranked performers in the arena format. 

With over 2.8 million active players, Axie Infinity has experienced a trading volume in excess of $3.6 billion on its in-house marketplace. With a current token supply over 83 million AXS, the token is trading at $12.55 as of September 2022. 

10. League of Kingdoms (LOKA) – MMO GameFi Token With Upside Potential

League of Kingdoms is an MMO (massively multiplayer online) strategy game which leverages NFT and blockchain technology to facilitate in-game rewards and trading. Players can access virtual parcels of LAND – which represent NFTs built on the Ethereum platform. 

The LAND pieces can be owned permanently and can increase in value over time. League of kingdoms hosts two virtual currencies – DST (Dragon Soul Token) and LOKA. The DST token is a utility token used to fuel the P2E economy in the League of kingdoms universe. 

LOKA is the governance token of this crypto gaming platform. Participants can access decision-making rights on the ecosystem, earn profit through staking and purchase in-game items. 25 million LOKA tokens are circulating. According to CoinMarketCap, LOKA has a current price of $0.52.

11. Sandbox – Top GameFi Project with Multiple In-Game NFTs

Sandbox is a metaverse game based on the Ethereum network. The platform offers various NFT-based protocols that function in this virtual environment through SAND – the native cryptocurrency. SAND is an ERC-20 token which powers the ecosystem and settles transactions. 

Players can leverage SAND to buy, sell and trade ASSETS – 3D objects representing different virtual avatars, including people, animals and tools on Sandbox. ASSETS are created using ERC-115 smart contracts and can be accessed on Sandbox’s marketplace. Notably, ASSETS can comprise non-fungible as well as fungible assets. 

Launched in 2011 by Pixowl, SAND has a circulating supply of nearly $1.5 billion tokens – representing 50% of the total supply. With a live market cap of $1.25 billion, SAND is trading at $0.85 per token. 

12. ApeCoin – Popular Token Associated with BAYC

ApeCoin (APE) is a decentralized cryptocurrency developed inside the Bored Ape Yacht Club (BAYC) ecosystem. Developed by Yuga Labs, BAYC is the number 1 NFT collection in terms of market cap. APE is an ERC-20 governance and utility token that operates within the APE ecosystem. 

A decentralized cryptocurrency, APE, governs the APE DAO (decentralized autonomous organization), allowing ApeCoin holders to vote on decisions relating to the ecosystem. The ApeCoin will also be utilized in an NFT-based game – Otherside. Since Yuga Labs is developing this NFT game, the announcement increased the token price. 

After a few members of the BAYC community were given exclusive access to the Otherside game demo, ApeCoin exploded by 22% in July 2022. Due to its association with the BAYC, ApeCoin became one of the best meme coins in 2022. The token soared from a price of $7 to $39 in April 2022. 

However, APE has since corrected to $5.53, with a market cap of $1.7 billion. 

13. Enjin Coin – GameFi Coin offering SDKs to Developers

Enjin provides an ecosystem of blockchain-based gaming products and allows developers to create virtual items on the Ethereum network. The Enjin network operates as a social gaming platform, leveraging blockchain technology to offer a platform where virtual items can be tokenized. 

Developers can create and use their virtual assets by accessing software development kits (SDKs) released on the Enjin ecosystem. The Enjin Coin (ENJ) is the native cryptocurrency and an ERC-20 token used to back the value of NFTs on the platform. 

An anti-inflation token, ENJ has a limited supply of 1 billion tokens. According to CoinMarketCap, ENJ is valued at $0.46 per token, with a market cap of $467 million. 

14. Illuvium – New GameFi ERC-20 Token

Illuvium is a role-playing and open-world fantasy game built on the Ethereum blockchain. The platform is created on the Immutable X L2 network, a trading protocol used for Ethereum NFTs.

 

This protocol offers instant trade confirmation, no gas fees and supports high levels of scalability. In the Illuvium game, players collect Illuvials – which differ in terms of rarity, use cases and desirability. Each Illuvial is represented as an NFT and can be purchased with ILV tokens – the native cryptocurrency. 

ILV is an ERC-20 token issued to liquidity providers on the platform’s decentralized exchange. The token will be used for distributing rewards and governing the ecosystem.

ILV has a limited supply of only 10 million tokens and a circulating supply of 650,000. Due to the deflationary tokenomics, ILV can become one of the best long term cryptocurrency projects to invest in. As of September 20th, ILV is priced at $54 per token. 

15. Gala – Blockchain-Based Gaming Protocol

Gala Games is a blockchain-based gaming platform that incentivizes players to participate in games that they will actually want to play. Participants can earn in-game rewards on the platform such as non-fungible tokens and cryptocurrencies. 

Currently, Gala hosts one playable game – Town Star, along with an NFT collection – VOX. In the future, the platform plans to launch a fantasy RPG game, a tower defense game and a sci-fi strategy game. 

Gala Games incentivizes and rewards players with GALA token – the native token of the platform. Built on the Ethereum blockchain, GALA has partnered with the Polygon network to provide investors and developers lower gas fees and faster transaction times. 

With a circulating supply of more than 6.9 billion, GALA is trading at $0.04 per token. Since its 2020 launch, CoinMarketCap states that GALA has provided a return on investment (ROI) of more than 2,770%.

What are Gaming Tokens & GameFi Cryptos?

The term GameFi is the combination of two words – gaming and finance. Gaming-based cryptocurrency projects aim to incentivize players by providing in-game earning opportunities on their platform.

By leveraging blockchain technology, developers offer GameFi elements such as P2E & tradable NFT avatars, tokenized rewards in the form of cryptocurrencies and more. Many such projects offer GameFi cryptos – which usually provide two benefits. 

Firstly, the cryptocurrencies can be used to purchase in-game items and take part in events. On the other hand, the top performers can earn the GameFi cryptos as rewards – allowing players to monetize their time spent on the gaming ecosystem.

Are GameFi Cryptocurrencies a Good Investment?

Looking to invest in the top GameFi cryptos? Before investing in the playable digital assets, let’s look at some of the reasons that make this sector a good investment. 

Earn Rewards

Blockchain gaming offers a simple solution – in-game rewards – for gamers looking to monetize their activities. Most of the GameFi projects attract investors due to the potential rewards that can be received via NFTs, cryptocurrencies or special prizes. 

For example, Fight Out allows for several ways for players to generate active and passive revenue streams.

On Tamadoge, players leverage their pet NFTs to compete for points on a monthly points table. The top performers are rewarded with TAMA – the native cryptocurrency. 

Potential for Long-Term Growth

The blockchain gaming sector saw investors pour in more than $2.5 billion in Q1 2022. With the growing popularity of web3, developers are leveraging blockchain technology to discover new use cases. GameFi tokens like Battle Infinity provided use cases for NFTs – incorporating these non-fungible assets as playable avatars in the metaverse game and offering NFT passes for investors to join their P2E ecosystems. 

With the GameFi sector expected to be worth $50 billion by 2025, most of the above-mentioned cryptos may experience higher price evaluations in the long-term. Therefore, traders can diversify their portfolios by entering the crypto gaming sector right now. 

How to Find the Top Gaming Crypto Coins to Buy

The sections below provide insights on looking for the top gaming cryptocurrency tokens. 

Search Reputable Platforms 

Readers looking to find the best gaming digital assets can analyze the available options on reputable sites such as CoinMarketCap. 

In the image above, CoinMarketCap has provided a list of the top gaming tokens according to their market cap. Readers can view the live price charts, access the price history and compare the top tokens. 

Search for Crypto Presales

Since the blockchain-gaming sector is a relatively new concept, many new tokens in this space are available to purchase on presale. Head over to cryptopresales.com to analyze and view some of the top new cryptocurrency presales from the GameFi sector. 

Battle Infinity concluded its presale in August 2022 before getting listed on PancakeSwap. Similarly, Tamadoge is another one of the best gaming tokens that raised $19 million to conclude its presale round. 

How to Buy GameFi Tokens

The sections below provide a step-by-step guide on how to buy SPONGE tokens.

• Step 1 – First, download and set up a non-custodial crypto wallet that supports ERC-based assets. This will be used to store your SPONGE tokens. MetaMask is a solid choice for desktop users, while Trust Wallet is considered the best option for mobile investors. 
• Step 2 – SPONGE can be purchased with USDT, BNB or ETH. Most regulated brokers stock the assets, meaning they can be picked up in just minutes.
• Step 3 – Lastly, head over to the Sponge presale website, connect your crypto wallet, and confirm the link. Afterward, select the correct ‘Buy with…’ option, decide how many tokens to acquire, and complete the purchase.
• Step 4 – When the presale is finished, SPONGE tokens can be claimed by returning to the website.

Visit Sponge V2

Conclusion

With the rapid growth of the blockchain gaming sector, Gamefi digital assets have the potential to experience high growth in the long term. 

We recommend Sponge V2 as one of the best gaming cryptos to buy right now. It offers a unique concept, a minimum 40% APY, and a unique P2E game alongside a stake-to-bridge model.

Visit Sponge V2

FAQs

What are GameFi coins?

GameFi coins offer in-game earning opportunities – combing gaming with finance. Players can leverage tradable NFT and cryptocurrency rewards to monetize their gaming activities. 

Which coins are used for gaming?

Sponge V2 (SPONGEV2), 5th Scape (5SCAPE), eTukTuk (TUK), Wall Street Memes Casino (WSM), DogeStar (DOGESTAR), and Tamadoge are some of the popular gaming tokens. Other popular digital assets include Decentraland (MANA) and Axie Infinity (AXS).

What is the best gaming cryptocurrency to invest in?

Sponge V2 is probably the best gaming crypto to invest in, with multiple ROI verticals and a great concept, as well as high levels of transparency. The meme industry is also known for explosive price increases, though this comes with risk to match. 

How do I get crypto gaming coins?

Users can buy some of the best gaming coins with a regulated trading platform.

What gaming coins are on crypto.com?

Crypto.com has listed multiple gaming tokens, including Enjin Coin (ENJ), SAND and MANA. 
 

 

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.