The gaming cryptocurrency sector has seen growth with a global market cap of around $22.8 billion, experiencing an impressive 18.6% increase in trading volume to reach about $2.3 billion. Numerous altcoins have been drawing interest due to their strong performances. Let’s explore the world of three gaming altcoins that are gaining attention today: Floki Inu (FLOKI), BinaryX (BNX), and Myria (MYRIA)

1. Floki (FLOKI)

FLOKI, the utility token of the Floki ecosystem, has been achieving notable progress lately. Priced at $0.0002199, this altcoin has experienced an increase of 10.75% within the past day. Its performance over the course of the past week is also worthy of attention, with a growth of 30.49% in value.

Floki Inu boasts of a market capitalization of $2.1 billion, and a trading volume of $949.8 million within the past 24 hours.

FLOKI is  utilized in play and earn in Valhalla, which is Floki’s Play to Earn NFT Metaverse. The token is used for in-game purchases within this virtual world.

Additionally, the Floki ecosystem includes various other utilities like a decentralized finance platform, a crypto education platform, and NFTs. It started as a meme but has developed into a project with multiple uses, including gaming.

2. BinaryX (BNX)

BinaryX (BNX) is gaining recognition for its stable performance as another gaming altcoin. With a price tag of $0.978, it has shown an increase of 7.07% in the last day and a surge of 4.59% in the past week. BinaryX is solidifying its presence in the cryptocurrency industry with a market cap of $357.7 million.

Significantly, the trading volume in the past day reached $42.8 million, showing that investors are actively involved.

BinaryX is a platform for Initial Game Offering (IGO) and blockchain gaming that has created multiple games for the Web3 environment and the metaverse. Popular games are CyberChess, CyberDragon, and CyberLand.

The BNX token is utilized in these games for different in-game transactions and activities. Its main goal is to enhance the tokenomic models of their games to deliver an enjoyable gaming experience.

3. Myria (MYRIA)

In the midst of the unpredictable cryptocurrency market, Myria token stands out as a beacon of stability and growth. Trading at $0.00565, Myria has experienced a significant 6.81% growth in the previous day and a 8.13% increase in the last week.

With a market capitalization of $104.4 million, it shows a strong base for future growth. Myria remains appealing to investors with a trading volume of $1.65 million.

MYRIA is an ERC-20 utility token operating on Myria’s Layer 2 scaling protocol on Ethereum. It offers zero gas fees for transactions, appealing 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 in-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 in their ecosystems.

Conclusion

The landscape of gaming altcoins is brimming with potential and opportunities for investors. With Floki, BinaryX, and Myria showcasing impressive performances, the stage is set for further exploration and investment in this dynamic realm. As the sector continues to evolve and innovate, these altcoins stand as testament to the transformative power of blockchain technology in the gaming industry.

The post 3 Best Performing Gaming Altcoins Today appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am