13 Best Gaming Crypto Coins to Invest in 2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
With the development of Web3 via blockchain technology in the last few years, we have witnessed a growth in the number of crypto gaming projects. As many metaverse gaming crypto projects allow players to monetize their experience, investors are looking for the best GameFi crypto tokens to trade.
This guide reviews the best gaming crypto projects to invest in 2023.
The Best Gaming Crypto Tokens to Buy Today
The section below provides a quick overview of the best gaming cryptos to watch right now.
- Meme Kombat - Thrilling new meme platform that lets users wager tokens on a play-to-earn battle arena. The battle arena will feature multiple meme coin avatars in battle. Stake $MK to earn high APYs and wager tokens to earn massive rewards.
- TG.Casino - The $TGC token gives users staking opportunities and direct access to several games on the TG.Casino. Users can play games and earn $TGC as rewards. $TGC is priced at just $0.125 on presale.
- Wall Street Memes Casino - This new Telegram casino is powered by $WSM - which raised over $25 million in its successful presale. Wall Street Memes Casino offers more than 5,000 casino games, 1,000 live sports betting markets, and will offer 200% matched deposit bonuses.
- Tamadoge - Popular Gaming Crypto to Invest in 2023
- Battle Infinity - Metaverse Cryptocurrency with Top GameFi Collection
- Decentraland - Virtual Real Estate GameFi Token
- Axie Infinity - Metaverse Gaming Cryptocurrency with $3.6 billion Trading Volume
- LOKA - MMO GameFi Token With Upside Potential
- Sandbox - Top GameFi Project with Multiple In-game NFTs
- ApeCoin - Popular Token Associated with BAYC
- Enjin - GameFi Coin offering SDKs to Developers
- Illuvium - New GameFi ERC 20 Token
- Gala - Blockchain-Based Gaming Protocol
Best GameFi Project Cryptos Reviewed
The sections below discuss the best crypto gaming coins by analyzing their use cases, monetary features and token prices.
1. Meme Kombat - Wager on Fighting Meme Coin Avatars on an AI-Focused Battle Arena, Stake $MK to Earn a 112% APY
The next gaming coin to watch is Meme Kombat ($MK). This is a new meme cryptocurrency that leverages artificial intelligence and blockchain technology to offer a play-to-earn battle arena.
The first season of the battle arena will launch by Q3 2023 and feature 11 popular meme coin avatars. $MK Token holders can wager their tokens on live battles and earn multiple rewards and free tokens. Users can challenge their friends in the Player vs Player mode and wager tokens to earn huge profits.
On Meme Kombat, users can also win exciting NFTs. Investors can stand a chance to win the free NFTs by purchasing at least $5K worth of tokens through the ongoing presale. From a low supply of just 12 million, 6 million tokens have been allocated for the presale. Currently, $MK is priced at just $1.667 per token.
Once you purchase the tokens on the presale, your holdings will be automatically staked through a staking contract. At press time, the Meme Kombat staking contract is offering a 112% APY. To earn the presale APYs, one must re-stake their tokens after the presale ends. The minimum lock-up period is only 14 days.
Despite being a meme coin, Meme Kombat offers multiple gaming and earning opportunities through the battle arena. The battle arena will offer more battling and earning opportunities as the seasons progress.
Keep yourselves updated with this gaming token by reading the Meme Kombat whitepaper and joining the Telegram channel.
| Presale Started | 21 September 2023 |
| Purchase Methods | ETH, USDT |
| Chain | Ethereum |
| Min Investment | $5 |
| Max Investment | None |
2. TG.Casino - Exciting Telegram Casino Offering Free Rewards with the $TGC Token, Priced at $0.125 on Presale
One of the best gaming coins to watch right now is $TGC, the native cryptocurrency of the TG.Casino. This casino is 100% accessible through the Telegram app and gives players access to thousands of casino games, slot machines, and sports betting markets.
With $TGC, token holders are given exclusive access to certain games on the TG.Casino. The casino will also distribute $TGC tokens as rewards on the ecosystem. Once you sign up on TG.Casino, you will get a 150% matched deposit bonus on your first deposit, along with 500 free spins.
Currently, $TGC can be purchased on presale for $0.125 per token. From a 100 million token supply, 40 million tokens have been allocated for the presale. In less than a week, TG.Casino has raised more than $216K.
This gaming token can also be staked on TG.Casino’s staking contract. At press time, TG.Casino is offering a staking APY of 2,141%. 20% of the total supply will be distributed through the staking mechanism. Furthermore, an additional 10% of the supply will be offered as players and reward bonuses.
TG.Casino will also start buying back $TGC tokens with their profits. 60% of these tokens will be distributed through staking pools to token holders. The remaining will be burnt to reduce volatility and make the token more competitive in the long term.
Staked token holders will also get preferential treatment in terms of bonuses or game access. Stay updated with this cryptocurrency by going through the TG.Casino whitepaper and joining the Telegram channel.
| Presale Started | 21 September 2023 |
| Purchase Methods | ETH, USDT, BNB |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
3. Wall Street Memes Casino - Telegram Casino Offers 200% Matched Deposit Bonuses, Get 200 Free Spins with $WSM
Wall Street Memes Casino is a new Telegram casino that offers more than 5,000 casino games and an extensive sportsbook. Powered by $WSM, the native token, Wall Street Memes Casino will offer exclusive bonuses, loyalty programs, and other rewards.
Wall Street Memes, the team behind this casino, has over 1 million followers across top social media channels like Twitter and Instagram. After releasing a successful NFT project in 2021, Wall Street Memes raised over $25 million on presale with the $WSM token.
The next big project is the Wall Street Memes Casino - which leverages Telegram’s bot to offer advanced security measures and supports instant deposits and withdrawals. On your first deposit on Wall Street Memes Casino - you can get a 200% matched deposit bonus of up to $25,000 + 10 free spins.
However, those making the deposit with $WSM tokens can avail 200 free spins instantly. The wagering requirement is set at 6x for 10% of the bonus amount. Along with $WSM, other cryptos such as Bitcoin, Ethereum, Dogecoin, and Tether are also available as payment options.
The casino offers access to over 5,000 slot machines, game shows, live casino games, and crash games. Through an extensive sportsbook - users can bet on over 1,000 live markets and access a handful of eSports betting opportunities.
In the future, Wall Street Memes Casino will incorporate a Diamond Hands loyalty program to offer exclusive rewards to loyal customers. 10% of all the net profits generated on the casino will also be used to buy back $WSM tokens.
Join the Wall Street Memes Telegram casino and access the Twitter handle to stay updated with this casino gaming platform.
4. Tamadoge - Popular Gaming Crypto to Invest in 2023
Tamadoge (TAMA) is the native cryptocurrency of the Tamaverse - a play-to-earn (P2E) ecosystem leveraging tradable NFT protocols, allowing players to monetize their gaming experience.
With the introduction of 'To The Moon,' Tamadoge, the successful play-to-earn gaming platform, has once again captured the attention of gamers. This is the third game in the Tamadoge arcade lineup, which has seen thousands of hours of total playtime.
One of the top crypto gaming coins, TAMA is used to purchase Tamadoge pets - virtual dog-like avatars which can be purchased on the Tama store. These pets are used in community-wide competitions, allowing the top players to earn TAMA as a reward.
With a total of just 2 billion coins, TAMA has one of the smallest circulating supplies in the meme coin space. Concluding one of the best crypto presales in 2022, Tamadoge raised $19 million in 8 weeks and then pumped to an all-time high of $0.194 in late 2022.
The price has since retraced but a breakout year is expected with its main game, two arcade-style mini-games and an Augmented Reality (AR) Tamadoge app - retaining the same P2E dynamics as the web-based platform - on the way in 2023.
The supply will also soon be subject to a 5% burn, decreasing the number of tokens and increasing their value - with all purchases in the pet store subject to the burn.
All told, we expect Tamadoge to be one of the fastest growing cryptocurrencies in 2023.
Follow the Tamadoge Telegram Channel to stay updated with the latest news surrounding Tamadoge.
5. Battle Infinity - Metaverse Cryptocurrency with Top GameFi Collection
Another P2E platform, Battle Infinity (IBAT), provides a decentralized ecosystem where gaming can be monetized. All the P2E features on Battle Infinity are governed by IBAT - the native cryptocurrency.
IBAT can be purchased and swapped with other cryptos on the IBAT Battle Swap - Battle Infinity’s decentralized exchange (DEX). Players can access GameFi opportunities by participating in the IBAT Premier League - an NFT-based sports fantasy league. Battle Infinity offers crypto staking making it one of the top alternatives to the best yield farming crypto platforms out there.
One of the best metaverse crypto coins, Battle Infinity also offers its own metaverse - the Battle Arena. All players and in-game items are minted in this virtual environment as NFTs, using smart contract functionality. Players can purchase and update their avatars on the Battle Market - the game’s local NFT marketplace.
Due to the multiple use cases of this online crypto gaming platform, IBAT completed its 90-day presale in just over 3 weeks. IBAT was launched on PancakeSwap on August - reaching a high of $0.0105 - more than 700% higher than its presale launch price of $0.0031 per token.
After the initial token listing, IBAT has recently been launched on LBank - the popular centralized exchange (CEX). The successful presale and increase in token listings is making IBAT one of the top trending cryptos in 2023.
6. Decentraland - Virtual Real Estate GameFi Token
Decentraland is a virtual reality platform built on the Ethereum blockchain. This decentralized project allows players to monetize content and applications on its virtual ecosystem, dubbed the metaverse.
There are two tradable aspects on Decentraland - LAND and MANA. On the platform, players can buy, sell and trade 90,601 individual parcels of LAND - which are minted as NFTs using ERC 721 smart contracts. MANA is an ERC-20 token and the native cryptocurrency which allows participants to trade on Decentraland.
In 2017, Decentraland raised $24 million, completing one of the best crypto ICOs. After launching at just $0.025, Decentraland’s native token reached an all-time high (ATH) of $5.90 in 2021. At the core of Decentraland is the cryptocurrency’s DAO (decentralized autonomous organization) - consisting of community members participating in the ecosystem's management and improvement.
According to CoinMarketCap, MANA is available to purchase at $0.69 per token.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
7. Axie Infinity - Metaverse Gaming Cryptocurrency with $3.6 billion Trading Volume
Axie Infinity is a popular play-to-earn game with tradable NFT characters and different virtual currencies. On Axie Infinity, players engage with virtual pets - known as Axies. Minted as NFTs, players can purchase any of the 700,000 + Axis available on the platform.
According to the Axie Infinity website, the most expensive Axie was sold for $820,000. Another GameFi collection token on the platform is LAND - which represents a virtual plot of territory which can be purchased.
Axie Infinity has two main virtual currencies - AXS (Axie Infinity Shard) and SLP (Smooth Love Portion). The SLP tokens represent the in-game tokens that can be earned through gameplay. AXS is the governance token, giving platform members the decision-making power to maintain the platform. AXS is also distributed to the top 300,000 ranked performers in the arena format.
With over 2.8 million active players, Axie Infinity has experienced a trading volume in excess of $3.6 billion on its in-house marketplace. With a current token supply over 83 million AXS, the token is trading at $12.55 as of September 2022.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
8. League of Kingdoms (LOKA) - MMO GameFi Token With Upside Potential
League of Kingdoms is an MMO (massively multiplayer online) strategy game which leverages NFT and blockchain technology to facilitate in-game rewards and trading. Players can access virtual parcels of LAND - which represent NFTs built on the Ethereum platform.
The LAND pieces can be owned permanently and can increase in value over time. League of kingdoms hosts two virtual currencies - DST (Dragon Soul Token) and LOKA. The DST token is a utility token used to fuel the P2E economy in the League of kingdoms universe.
LOKA is the governance token of this crypto gaming platform. Participants can access decision-making rights on the ecosystem, earn profit through staking and purchase in-game items. 25 million LOKA tokens are circulating. According to CoinMarketCap, LOKA has a current price of $0.52.
9. Sandbox - Top GameFi Project with Multiple In-Game NFTs
Sandbox is a metaverse game based on the Ethereum network. The platform offers various NFT-based protocols that function in this virtual environment through SAND - the native cryptocurrency. SAND is an ERC-20 token which powers the ecosystem and settles transactions.
Players can leverage SAND to buy, sell and trade ASSETS - 3D objects representing different virtual avatars, including people, animals and tools on Sandbox. ASSETS are created using ERC-115 smart contracts and can be accessed on Sandbox’s marketplace. Notably, ASSETS can comprise non-fungible as well as fungible assets.
Launched in 2011 by Pixowl, SAND has a circulating supply of nearly $1.5 billion tokens - representing 50% of the total supply. With a live market cap of $1.25 billion, SAND is trading at $0.85 per token.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
10. ApeCoin - Popular Token Associated with BAYC
ApeCoin (APE) is a decentralized cryptocurrency developed inside the Bored Ape Yacht Club (BAYC) ecosystem. Developed by Yuga Labs, BAYC is the number 1 NFT collection in terms of market cap. APE is an ERC-20 governance and utility token that operates within the APE ecosystem.
A decentralized cryptocurrency, APE, governs the APE DAO (decentralized autonomous organization), allowing ApeCoin holders to vote on decisions relating to the ecosystem. The ApeCoin will also be utilized in an NFT-based game - Otherside. Since Yuga Labs is developing this NFT game, the announcement increased the token price.
After a few members of the BAYC community were given exclusive access to the Otherside game demo, ApeCoin exploded by 22% in July 2022. Due to its association with the BAYC, ApeCoin became one of the best meme coins in 2022. The token soared from a price of $7 to $39 in April 2022.
However, APE has since corrected to $5.53, with a market cap of $1.7 billion.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
11. Enjin Coin - GameFi Coin offering SDKs to Developers
Enjin provides an ecosystem of blockchain-based gaming products and allows developers to create virtual items on the Ethereum network. The Enjin network operates as a social gaming platform, leveraging blockchain technology to offer a platform where virtual items can be tokenized.
Developers can create and use their virtual assets by accessing software development kits (SDKs) released on the Enjin ecosystem. The Enjin Coin (ENJ) is the native cryptocurrency and an ERC-20 token used to back the value of NFTs on the platform.
An anti-inflation token, ENJ has a limited supply of 1 billion tokens. According to CoinMarketCap, ENJ is valued at $0.46 per token, with a market cap of $467 million.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
12. Illuvium - New GameFi ERC-20 Token
Illuvium is a role-playing and open-world fantasy game built on the Ethereum blockchain. The platform is created on the Immutable X L2 network, a trading protocol used for Ethereum NFTs.
This protocol offers instant trade confirmation, no gas fees and supports high levels of scalability. In the Illuvium game, players collect Illuvials - which differ in terms of rarity, use cases and desirability. Each Illuvial is represented as an NFT and can be purchased with ILV tokens - the native cryptocurrency.
ILV is an ERC-20 token issued to liquidity providers on the platform’s decentralized exchange. The token will be used for distributing rewards and governing the ecosystem.
ILV has a limited supply of only 10 million tokens and a circulating supply of 650,000. Due to the deflationary tokenomics, ILV can become one of the best long term cryptocurrency projects to invest in. As of September 20th, ILV is priced at $54 per token.
13. Gala - Blockchain-Based Gaming Protocol
Gala Games is a blockchain-based gaming platform that incentivizes players to participate in games that they will actually want to play. Participants can earn in-game rewards on the platform such as non-fungible tokens and cryptocurrencies.
Currently, Gala hosts one playable game - Town Star, along with an NFT collection - VOX. In the future, the platform plans to launch a fantasy RPG game, a tower defense game and a sci-fi strategy game.
Gala Games incentivizes and rewards players with GALA token - the native token of the platform. Built on the Ethereum blockchain, GALA has partnered with the Polygon network to provide investors and developers lower gas fees and faster transaction times.
With a circulating supply of more than 6.9 billion, GALA is trading at $0.04 per token. Since its 2020 launch, CoinMarketCap states that GALA has provided a return on investment (ROI) of more than 2,770%.
What are Gaming Tokens & GameFi Cryptos?
The term GameFi is the combination of two words - gaming and finance. Gaming-based cryptocurrency projects aim to incentivize players by providing in-game earning opportunities on their platform.
By leveraging blockchain technology, developers offer GameFi elements such as P2E & tradable NFT avatars, tokenized rewards in the form of cryptocurrencies and more. Many such projects offer GameFi cryptos - which usually provide two benefits.
Firstly, the cryptocurrencies can be used to purchase in-game items and take part in events. On the other hand, the top performers can earn the GameFi cryptos as rewards - allowing players to monetize their time spent on the gaming ecosystem.
Are GameFi Cryptocurrencies a Good Investment?
Looking to invest in the top GameFi cryptos? Before investing in the playable digital assets, let’s look at some of the reasons that make this sector a good investment.
Earn Rewards
Blockchain gaming offers a simple solution - in-game rewards - for gamers looking to monetize their activities. Most of the GameFi projects attract investors due to the potential rewards that can be received via NFTs, cryptocurrencies or special prizes.
For example, Fight Out allows for several ways for players to generate active and passive revenue streams.
On Tamadoge, players leverage their pet NFTs to compete for points on a monthly points table. The top performers are rewarded with TAMA - the native cryptocurrency.
Potential for Long-Term Growth
The blockchain gaming sector saw investors pour in more than $2.5 billion in Q1 2022. With the growing popularity of web3, developers are leveraging blockchain technology to discover new use cases. GameFi tokens like Battle Infinity provided use cases for NFTs - incorporating these non-fungible assets as playable avatars in the metaverse game and offering NFT passes for investors to join their P2E ecosystems.
With the GameFi sector expected to be worth $50 billion by 2025, most of the above-mentioned cryptos may experience higher price evaluations in the long-term. Therefore, traders can diversify their portfolios by entering the crypto gaming sector right now.
How to Find the Top Gaming Crypto Coins to Buy
The sections below provide insights on looking for the top gaming cryptocurrency tokens.
Search Reputable Platforms
Readers looking to find the best gaming digital assets can analyze the available options on reputable sites such as CoinMarketCap.
In the image above, CoinMarketCap has provided a list of the top gaming tokens according to their market cap. Readers can view the live price charts, access the price history and compare the top tokens.
Search for Crypto Presales
Since the blockchain-gaming sector is a relatively new concept, many new tokens in this space are available to purchase on presale. Head over to cryptopresales.com to analyze and view some of the top new cryptocurrency presales from the GameFi sector.
Battle Infinity concluded its presale in August 2022 before getting listed on PancakeSwap. Similarly, Tamadoge is another one of the best gaming tokens that raised $19 million to conclude its presale round.
How to Buy GameFi Tokens
The sections below provide a step-by-step guide on how to buy TGC tokens.
- Step 1 – First, download and set up a non-custodial crypto wallet that supports ERC-based assets. This will be used to store your TGC tokens. MetaMask is a solid choice for desktop users, while Trust Wallet is considered the best option for mobile investors.
- Step 2 – TGC can be purchased with USDT, BNB or ETH. Most regulated brokers like eToro stock the assets, meaning they can be picked up in just minutes. They can also be purchased directly on the TG.Casino website.
- Step 3 - Lastly, head over to the TG.Casino presale website, connect your crypto wallet, and confirm the link. Afterward, select the correct 'Buy with...' option, decide how many tokens to acquire, and complete the purchase.
- Step 4 - When the presale is finished, TGC tokens can be claimed by returning to the website.
Where to Buy Other Gaming Tokens
Alternatively, investors can purchase the best gaming digital assets with eToro - one of the best cryptocurrency exchanges in the space. Launched in 2007, eToro is used by more than 27 million investors worldwide.
The platform offers over 70 cryptocurrencies to trade, including popular gaming tokens such as ApeCoin, Sandbox and Axie Infinity. For trading cryptocurrencies, investors must pay a 1% trading fee per transaction, which is added to the bid/ask spread rate.
A multi-asset trading platform, eToro allows users to diverisfy their portfolios by investing in stocks, ETFs, commodities and indexes. One of the top cryptocurrency exchanges, eToro offers multiple features to simplify the trading process.
Beginner investors can access CryptoPortfolios - a combination of different digital assets bundled together. Players can also access the CopyTrading tool - which allows one to copy the exact trades of skilled investors on the platform. This feature can be leveraged by new investors, looking to enter the volatile markets without requiring much experience.
To begin using eToro, investors need to make a minimum deposit of only $10 (only for U.S and UK users). eToro accepts payment deposits via credit/debit cards, bank transfers and e-wallet providers such as PayPal, Skrill and Neteller.
Conclusion
With the rapid growth of the blockchain gaming sector, Gamefi digital assets have the potential to experience high growth in the long term.
We recommend Meme Kombat as one of the best gaming cryptos to buy right now. It offers a unique concept, a steady 112% APY, and a variety of betting options on fight outcomes. We also like the levels of transparency associated with this project.
FAQs
What are GameFi coins?
GameFi coins offer in-game earning opportunities - combing gaming with finance. Players can leverage tradable NFT and cryptocurrency rewards to monetize their gaming activities.
Which coins are used for gaming?
Meme Kombat (MK), TG.Casino (TGC), Wall Street Memes Casino (WSM), Tamadoge ,(TAMA) and Battle Infinity (IBAT) are some of the popular gaming tokens. Other popular digital assets include Decentraland (MANA) and Axie Infinity (AXS).
What is the best gaming cryptocurrency to invest in?
Meme Kombat is probably the best gaming crypto to invest in, with multiple ROI verticals and a great concept, as well as high levels of transparency. The meme industry is also known for explosive price increases, though this comes with risk to match.
How do I get crypto gaming coins?
Users can buy some of the best gaming coins with eToro - one of the best cryptocurrency exchanges. eToro offers crypto trading at only 1% + the bid/ask spread. The platform supports many gaming coins, such as Sandbox (SAND) and Decentraland (MANA).
What gaming coins are on crypto.com?
Crypto.com has listed multiple gaming tokens, including Enjin Coin (ENJ), SAND and MANA.
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