Crypto Gloom

Top 5 Blockchain Gaming Tokens by Market Capitalization

In the fascinating Web3 environment, these gaming tokens are revolutionizing the world, deftly bridging the once distant worlds of blockchain technology and gameplay.

Redefining power dynamics, these tokens transfer control directly into the hands of gamers, introducing a decentralized gaming economy where players gain true ownership. As a result, they are granted the power to buy, sell, and trade in-game assets that have substantial real-world value.

At the forefront of this wave of change, top blockchain gaming tokens like $WEMIX and $IMX are making waves and dominating the market with impressive capitalization. CoinMarketCap. Here’s why!

WEMIX’s popular blockchain games

5. Wemix ($WEMIX): Rising star of gaming tokens

WEMIX, with a market capitalization of $977 million, shows its presence in the gaming token field. The price is $2.78, up 2.27% over the past week. The circulating supply of tokens is 10,177,371 out of a total supply of 352,147,913.

The $WEMIX coin provides various features on the WEMIX blockchain, including platform usage fees such as gas, transaction, and service fees.

Additionally, starting recently (January 2, 2024) it grants access to exclusive products, including premium games (like the ones shown above), special items, and unique events.

4. Axie Infinity ($AXS): Gaining momentum

Next on the list is Axie Infinity ($AXS) with a market capitalization of $1.1 billion. The token price reached $8.36, reflecting a significant weekly growth of 10.97%. The circulating supply of AXS is 20,142,338, which is only a fraction of the total supply of 132,040,367.

The $AXS required to play the popular Axie Infinity game is steadily rising through the ranks in the gaming token market. Especially since the game released “Stage 2” evolutions for all Axie characters. Evolving Axie NFT It has more to play for both its combat prowess and visual appeal.

3. The Sandbox ($SAND): Building an Empire

The Sandbox ($SAND) has a market cap of $1.12 billion and its current price is $0.5282. Over the past week, SAND has gained 7.80%. The circulation volume is 394,290,537 out of a total of 2,118,731,926.

The Sandbox, a virtual world where players can build, own, and monetize their own gaming experiences, is carving out an important niche in the Metaverse gaming landscape.

2. Rendering ($RNDR): A graphics powerhouse

Render ($RNDR) has a market cap of $1.51 billion and its current price is $4.07. The token increased 7.67% over the week with 41,843,770 RNDR in circulation from a total supply of 371,908,453.

The ERC-20 token acts as an essential utility token within the Render Network. It facilitates transactions for services such as animation, motion graphics, and VFX rendering and streamlines the payment process across the digital creative ecosystem.

1. Immutability ($IMX): The leader

Topping the list is Immutable (IMX), which has an impressive market capitalization of $2.86 billion. The token price is $2.16, up 11.18% over the past week. The circulating supply of Immutable is 67,151,174 IMX, part of the total supply of 1,321,989,537.

With its innovative zero gas fee protocol and focus on Play-to-Earn ecosystem, Immutable X is poised for significant expansion and adoption in the NFT domain.

Effectively solving the scalability and cost issues associated with the Ethereum blockchain for NFTs starting December 31, 2023, we present an optimistic and viable solution for both users and developers within the NFT environment exploring popular blockchain games. Free from the chains of the godsAnd HabboX.