Top Gaming Tokens Poised for a 3X Surge

Blockchain gaming is emerging as a major force in the crypto world, and analyst VirtualBacon believes the sector is still greatly undervalued. While categories like Layer-1 blockchains, AI, and meme coins have seen strong growth, gaming tokens only make up 0.4% of market dominance in the current bear market.

VirtualBacon sees this as a huge opportunity for investors, especially as altcoin season heats up and gaming tokens could potentially triple their market dominance during the next bull run.

Is the Gaming Sector Lagging?

In his recent analysis, VirtualBacon noted that while Layer-1 blockchains have seen their dominance grow from 5% to 9%, and AI has surged from 0.6% to 1.2%, the gaming sector has not experienced similar growth. However, the market capitalization of gaming altcoins has crossed the $32.2 billion mark, showing a renewed interest in Web3 gaming.

This sets the stage for significant growth in the gaming sector as attention shifts to blockchain-based gaming experiences.

Top Gaming Tokens for a 3X Surge 

VirtualBacon has made gaming tokens his largest portfolio allocation, now at 14%. He believes several projects have strong potential for growth:

SuperVerse (SUPER)

Starting with the standout performer, SUPER has risen from $0.20 to $2.20 since November 2023. It has consistently outperformed Bitcoin, forming higher lows on the BTC ratio chart. Staking initiatives and the TON Station airdrop are credited with fueling its rise.

The main reason for this uptrend is that altcoins are not releasing a large amount of supply to the market for early investors in the bare market, diluting supply and adding to sell pressure.

BEAM

Beam is rising against Bitcoin due to its major upgrades and strategic moves. It shifted from a smaller network to its high-performance blockchain, making it a stronger contender in gaming tech. Plus, its expansion into the UAE, a crypto hotspot, brings fresh opportunities and funding. These advancements have boosted confidence in Beam, reflected in its steady growth against BTC. 

Other Promising Tokens

Wild (WILD): Known for its innovative approach, Wild is making waves by blending utility with entertainment in new ways.

SeedWorld (SWORLD) and Xborg (XBG): These projects are breaking new ground by combining immersive experiences with decentralized finance, pushing blockchain gaming to new heights.

Plus Play Network (PLAY) and Super Champs (CHAMP): Focused on fresh narratives and engaging gameplay, these projects aim to redefine the sector and move past the declining popularity of play-to-earn models.

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The Decline of Older Gaming Tokens

While newer projects gain traction, older gaming tokens like Sandbox, Decentraland, and Axie Infinity are struggling to regain their previous momentum. The fading interest in play-to-earn and metaverse narratives has left these projects behind, opening up space for new, innovative players to lead the market.

Current Market Sentiment 

VirtualBacon sees blockchain gaming aligning well with broader market trends indicating an altcoin season. The Altcoin Season Index has surpassed the crucial 75% threshold, a level that has historically signaled market rallies. As Bitcoin pushes past $100,000 and altcoins begin to outperform, gaming tokens could see substantial inflows. This makes blockchain gaming a sector with huge potential, offering investors high rewards as new projects move beyond outdated models.

With innovative new projects on the rise in 2025, blockchain gaming is poised to be a key area for investors to focus on in the coming months.

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FAQs

What is blockchain gaming and why is it gaining popularity?

Blockchain gaming combines gaming with decentralized technology, offering ownership of in-game assets and new revenue models.

Which gaming tokens are expected to rise in 2024?

SuperVerse (SUPER), BEAM, Wild (WILD), SeedWorld (SWORLD), and Xborg (XBG) are among the top tokens poised for growth.

Source: https://coinpedia.org/news/altcoin-season-top-gaming-tokens-poised-for-a-3x-surge/