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The crypto market is flooded with opportunities, and GameFi is one of the hottest sectors.
Overshadowing potential for capital growth, GameFi tokens also present earning potential through passive rewards, perks, and benefits.
This article looks at the five best GameFi tokens to buy now. We consider use cases, expert opinions, tokenomics, price data, benefits, and much more.
Based on this criteria, we selected Mega Dice, Rollbit, Immutable X, Treasure, and Beam as our top picks. Let’s take a closer look at each.
Mega Dice
The GameFi token displaying the most potential is Mega Dice. This new project is in its presale phase, meaning investors can get in from the ground up at the best possible price.
Mega Dice’s presale raised over $300K on its opening day, and now totals $340K. The project’s early success derives from its already well-established crypto casino platform, boasting 50K players, 4K games, and over $50 million in monthly wagers.
The new $DICE token looks to reward existing players while attracting new players into its ecosystem. Holders enjoy first-in-class benefits like access to exclusive features, limited edition NFTs, and daily crypto rewards based on the casino’s success.
Indeed, given Mega Dice’s position as a prominent market player, these benefits could translate to immense token demand and price appreciation potential.
Currently, traders can buy $DICE for $0.069, but this price will rise throughout the campaign. The next uptick will occur when 14.7 million $DICE are sold; so far, the figure is at 4.9 million.
Rollbit
Rollbit is the biggest crypto gambling token and a revenue-generating machine with cutting-edge tokenomics to match.
This combination caused monumental price growth in 2023, but a recent pullback has presented another entry for those who missed the first pump.
Currently, RLB is trading at $0.1, up 2.9% today, down 14% this week, 1.5% this month, and 60% from its November 2023 ATH.
Rollbit holds a $346 million market cap and a $1.2 million 24-hour trading volume.
The project’s whitepaper estimates that the casino facilitates over $40 million in gambling volume daily, with a total of $5 billion wagered on its platform.
What’s more, Rollbit has integrated a “buy and burn” mechanism, using a portion of the casino’s revenue to buy back RLB tokens and burn them, increasing the token’s scarcity over time.
Immutable X
Immutable X is the leading crypto gaming token by market cap. Its position as an industry leader presents a first-mover advantage and means it will likely continue to spearhead the market.
Currently, IMX is trading at $1.9, down 0.9% today, 26% this week, and 28% this month, but up 70% this year.
It holds a $2.7 billion market cap and a $66 million 24-hour trading volume.
The price broke out of its bear market accumulation zone in Q4 2024 and subsequently exploded. However, this month’s pullback has revisited a key support level, potentially presenting a solid entry for new buyers.
Immutable X is a layer 2 scaling solution for gaming and NFTs on Ethereum. The project has a native wallet with a seamless user experience and credit card integration alongside a slew of high-octane games, cutting-edge technologies like ZkRollups, and much more.
Treasure
Treasure is a gaming protocol on Arbitrum, a leading Ethereum layer 2 blockchain. It boasts a vast ecosystem of games and recently caught the community’s attention with an innovative game launch.
MAGIC is currently trading at $0.76, down 1.1% today, 24% this week, 34% this month, and 50% this year.
That said, it remains up over 50% since its October 2023 lows.
MAGIC’s market cap is significantly smaller than Immutable X’s, currently at $200 million.
Meanwhile, its trading volume is $42 million, higher than some GameFi tokens with much higher market caps.
The project’s most recent launch is a game called Smolbound, the first evolving life sim RPG game in crypto. The launch generated massive excitement, with the likes of Arbitrum tweeting about it.
Treasure also announced plans to launch its own blockchain in the future. According to the announcement, it “expands upon the vision to build an end-to-end gaming ecosystem. Everything connected by $MAGIC, powering infinite games.”
Beam
Beam is a gaming network powered by Merit Circle DAO. One of the project’s cornerstone features is Beam SDK, a toolkit enabling seamless and efficient game development.
As a result of its focus on serving developers, Beam boasts a vast ecosystem comprising hundreds of games.
Currently, Beam is priced at $0.026, down 7.3% today, 16% this week, and 27% this month, but up 428% this year.
It holds a $1.3 billion market cap and a $38 million 24-hour trading volume, down 14% today.
Despite the recent price struggle, Beam has enjoyed success in other metrics.
According to Merit Circle DAO’s X account, its treasury grew 70% from $118 million on 31 December 2023 to over $200 million on 31 March 2024.
Meanwhile, Beam recently announced a slew of games that it will launch on Immutable X’s ZkEVM layer 2 network.