GameFi is back this cycle and it means business. Many of the best cryptocurrencies to buy this year will be blockchain-based gaming projects, and investors need to wake up and smell the coffee. Pixels ($PIXELS) and Xai ($XAI) pose a challenge to top GameFi coins, but Galaxy Fox ($GFOX) is stealing the throne.
Will 2024 finally be the year that blockchains tackle the traditional gaming industry? And more broadly, will GameFi act as crypto’s trojan horse this cycle and help onboard the subsequent billion users? The stakes are high, and the potential rewards even more so.
Galaxy Fox ($GFOX) Leading GameFi Race
Galaxy Fox is leading the GameFi race among new launches, and this nascent presale has already crossed $3.5 million in funding. It takes the classic memecoin build and integrates all the P2E functionality any gamer could want. Built around a classic infinite runner game, Galaxy Fox is returning to classic mobile games, and investors cannot get enough.
It has integrated NFT functionality into its runner game, and the protocol’s unique 3,000-strong NFT collection plays a direct role. As well as being featured on real-world merchandise, these NFTs unlock in-game stat bonuses and massively upgrade any player’s chance of walking away with the prize pool.
Galaxy Fox pays out prizes at the end of each season, and the top 20% of the leaderboard win rewards directly exchangeable for $GFOX tokens. Players can directly upgrade their characters with $GFOX tokens, and 50% of the in-game spend gets rolled into the next prize pool. On top of this addictive game, Galaxy Fox has built an entire ecosystem, including staking rewards, a pro-active treasury, and deflationary tokenomics.
Everyone was hyped for triple AAA blockchain games, but the reality is that the best-performing and best-suited games for blockchains are more akin to standard games found in the Apple store. 100X predictions are already rolling in for $GFOX, and its spot on the throne is guaranteed- certainly one of the best cryptocurrencies to buy this cycle.
Pixels ($PIXELS) Farming On-Chain?
Pixels has been picking up attention since moving over to the Ronin ($RON) network. Moving to the Ronin chain was the right move, and it has brought the spotlight onto this blockchain-based farming game. It leverages a free-to-play model, allowing anyone to start growing crops and trading them.
Like most games, it leverages a dual token system with $BERRY used in-game and $PIXEL used by investors to speculate on the game’s future value. Pixel’s growing success and adoption following its migration put it alongside $GFOX as one of the top cryptos to buy right now before the GameFi mania begins.
Xai ($XAI) Abstracted Wallets
Xai has been shortlisted as another top crypto to invest in this year, and it leverages Arbtirum’s ($ARB) Orbit program to deploy a specialized gaming chain. Performance is the leading requirement for games that require low latency, rapid, and, most importantly, incredibly cheap transactions. Xai has worked in conjunction with OffChain Labs to deliver precisely this and is another excellent GameFi infrastructure play.
Closing Thoughts: GameFi Driven Altcoin Season Coming?
Suppose a GameFi-driven altcoin season breaks out tomorrow. Are you prepared? Most investors are not, and adding exposure to GameFi protocols is a good idea. Analysts are not calling them the best cryptocurrencies to buy this cycle for fun.
Join Galaxy Fox today and add the GameFi frontrunner to your portfolio at a massively discounted rate. This discount will close as soon as $GFOX launches on the open market, and early participants better strap in because a wild price discovery phase is loading!
Learn more about $GFOX here:
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Source: https://coinpedia.org/press-release/pixels-xai-pose-challenge-to-gamefi-coins-but-gfox-set-to-steal-throne/