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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Top 5 GameFi Cryptos To Watch This February

Christian Encila
Christian Encila
2 years ago
3 mins read
GameFi

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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With so many sharp twists and turns happening in the blockchain and crypto space, the GameFi space is getting robust now more than ever. Evidently, experts say that 2023 is the “build phase” for GameFi and it is set to explode in the next couple of months.

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Considerably, blockchain games are seen to have doubled since last year. In fact, in 2021, blockchain games were able to amass as much as $476 million in revenues. The year 2022 was also a phenomenal year for the play-to-earn (P2E) industry. 

Here Are The Top 5 GameFi Cryptos To Watch This Year

Avalanche (AVAX)

Avalanche is known for its scalability and security. It’s also a winner in terms of customer experience compared to other blockchain platforms. It is an open-source platform that allows users to build and release their very own decentralized applications (dApps).

AVAX

It clearly tops the list when it comes to the platform of choice due to its smooth, speedy, and secure transactions which also increases the demand for AVAX tokens.

At the time of writing, AVAX is trading at $19.55, up 8.3% in the last seven days, data from Coingecko shows.

Metacade (MCADE)

Metacade has an obvious edge being the first-of-its-kind metaverse arcade ever built on top of the Ethereum blockchain.

It has a massive P2E potential. Its goal is to ultimately morph into a decentralized autonomous organization (DAO) which will start in the Q2 of this year and end in Q4 of 2024.

With the strong roadmap and long-term potential of Metacade, analysts anticipate that the price, which is currently at $0.01, will hit $1 this year.

The Sandbox (SAND)

SAND is certainly one of the best GameFi cryptos to buy and invest in for 2023. Apart from its popularity especially with Roblox and Minecraft fans, this platform is steadily growing in adoption with its dynamic and interactive 3D virtual landscapes.

The platform is pretty neat with its no-code plug-and-play feature. Sandbox empowers user-generated content while allowing users to monetize their virtual real estate.

SAND is currently trading at $0.7260, down 8.7% in the last week.

Axie Infinity (AXS)

Axie Infinity is very popular, especially with Pokemon Go fans. With this P2E metaverse, users can buy, collect, train, and upgrade their Axies, all while trading NFTs. Gamers will also earn rewards when they win battles with others.

With the increasing demand and irresistible features of Axie Infinity, it sits as one of the top GameFi cryptos to invest in this year.

Coingecko data shows AXS trading at $10.73, down nearly 13% in the last week.

Crypto total market cap at $999 billion on the daily chart | Chart: TradingView.com

Polkadot (DOT)

Ease in blockchain interoperability is one of the biggest attributes of Polkadot. With this platform, users have the ability to validate their own transactions with high-level security.

DOT is expected to make enormous gains in the next couple of months as it nears the bull season. Its uniqueness makes it stand out and compete against other GameFi tokens.

At the time of writing, DOT is changing hands at $6.22, down 5.6% in the last seven days.

Featured image by TechnoPixel

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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