Big tokens have been dropping left and proper to date in 2024, and gaming initiatives are getting in on the thrill. Tokens tied to video games and networks have been amongst this yr’s greatest launches because the broader crypto market rebounds and airdrops speed up.
From Portal to Pixels, these are the gaming tokens which have made waves to date this yr, ranked by peak market cap to this point per CoinGecko, on the time of writing. However there are positive to be extra massive tokens forward, as our gaming airdrops roundup suggests, so keep tuned—we’ll maintain updating this checklist.
We’re utilizing a peak market cap of not less than $100 million as our minimal benchmark for this checklist, as of this replace, although we could shift that mark over the course of the yr as increasingly tokens launch.
1. Pixels (PIXEL)
Peak Worth: $1.02Peak Market Cap: $731 million
Crypto’s hottest sport proper now can also be accountable for the most popular gaming token of 2024—not less than to date. The PIXEL token launched in late February for the coolness farming sport on Ethereum scaler Ronin, and helped introduce much more crypto-native parts into the net sport. It additionally generated greater than $1 billion value of buying and selling in lower than a single day.
With lots of of 1000’s of every day customers, Pixels has the crypto world’s consideration and has helped construct some critical momentum round Ronin too. PIXEL popped above a value of $1 in mid-March, taking excessive slot on the checklist within the course of. The height market cap listed above relies on the variety of circulating tokens on the time, although extra tokens have been unlocked since then.
2. Portal (PORTAL)
Peak Worth: $3.36Peak Market Cap: $561.6 million
Simply launched on February 29, Portal arrived with a degree of hype we haven’t seen within the crypto gaming house in a while. Partly, that’s due to an airdrop farming push that noticed customers flood Twitter with tweets—and a record-breaking Binance marketing campaign that noticed customers stake over $9 billion value of crypto in hopes of yielding rewards didn’t harm.
The value dipped fairly shortly, nevertheless, and hasn’t come near regaining that floor as of this newest replace. Can this Ethereum-based token for the upcoming cross-chain gaming platform regain the hype?
3. Xai (XAI)
Peak Worth: $1.59Peak Market Cap: $440.6 million
The Xai layer-3 gaming community on Ethereum scaler Arbitrum had this yr’s first massive airdrop, rewarding house owners and operators of the community’s Guardian Nodes and sure NFT holders. It’s been a scorching begin for XAI to date, rising to a peak value that’s greater than double what it dropped at.
Video games are beginning to roll out on the community, which must drive much more consideration and pleasure to the token, plus Xai not too long ago launched staking rewards too.
4. Heroes of Mavia (MAVIA)
Peak Worth: $10.59Peak Market Cap: $317.7 million
Heroes of Mavia is considered one of this yr’s greatest new crypto sport launches. The Conflict of Clans clone has attracted tens of millions of downloads throughout iOS and Android, and Skrice Studios celebrated the discharge by airdropping tokens to 100,000 early gamers, together with tokens for digital land house owners who had beforehand staked their NFTs.
MAVIA noticed an enormous value surge after launching in February, rising above $10—a greater than 5x enchancment on the opening value. But it surely was short-lived, shedding about 40% of its worth since. The sport hasn’t applied its crypto options but, however has shared a large roadmap.
5. Gaimin (GMRX)
Peak Worth: $0.03937Peak Market Cap: $261.2 million
Gaimin is designed to energy crypto video games through a decentralized cloud computing platform, letting customers contribute their spare computing sources to earn rewards. And the platform’s GMRX token simply launched in late March.
Whereas the person token value is tiny and hasn’t but hit $0.04 as of this writing, there is a sizable circulating provide, pushing the height market cap to a meaty $261 million. The value is down by nearly 50% as of this writing, nevertheless, so we’ll see whether or not Gaimin can get again close to that mark any time quickly.
6. Apeiron (APRS)
Peak Worth: $1.88Peak Market Cap: $193.6 million
Apeiron is a buzzy Ronin technique sport that is at the moment holding a play-to-airdrop marketing campaign, and in addition not too long ago launched its APRS ecosystem token within the community’s first-ever token sale.
The token’s market cap got here near $200 million on the launch date, although as with Gaimin above, the value has fallen a good bit since then. Nonetheless, it rose excessive sufficient to make this checklist—and the sport nonetheless hasn’t totally launched but.
Editor’s be aware: This story was initially printed on March 3, 2024 and final up to date with new information on March 29.
