Top Tokens for Gamers: Enjin Coin (ENJ), Pac-Man Frog(PAC) and ApeCoin (APE)
The gaming crypto niche brings together two fascinating industries: video games and cryptocurrency.
Gaming allows us to work together to develop interactive stories that span international borders. We have the ability to explore huge, limitless possibilities: universes that are far apart from our daily lives. Gaming allows us to be anybody or whatever we choose.
In recent months, the blockchain gaming industry has expanded. It is super trendy now in 2022 – the number of blockchain games has doubled in the last year. During the year’s bull run, blockchain gaming businesses raised about $476 million in the first half of 2021. Interest in play-to-earn crypto games is expected to remain high beyond 2022.
When you combine this fascination with games with the power of blockchain technology, it’s clear to see why blockchain gaming coins have evolved into a multibillion-dollar business.
Enjin Coin (ENJ)
Enjin is a one-of-a-kind gaming platform that provides software development kits to developers so they may generate in-game collectibles and digital assets that are tied to the platform. ENJ, the platform’s native cryptocurrency, is locked in smart contracts to ensure its real-world value. ENJ is one of the most popular crypto gaming coins.
Enjin is pushing the crypto world forward into uncharted territory. They’re doing it utilizing the ERC-1155 token standard, which is based on Ethereum. Developers acquire this blockchain-based gaming coin, which is then minted into blockchain gaming products, allowing gamers to earn $ENJ by purchasing gaming things and receiving them in games, rather than needing to buy them on cryptocurrency exchanges.
Enjin’s well-developed arsenal of development tools, which make it simple to produce tokens and integrate them into games and gaming platforms, is attracting an increasing number of game creators. Furthermore, the Enjin Marketplace allows users to safely exchange ERC-1155 digital assets, which are all backed by ENJ tokens.
Enjin will focus on wallet 2.0 security testing as part of its enhancement and development roadmap to ensure the protection of user cash. The platform has a native wallet that allows for seamless crypto and NFT trading.
ENJ has a market capitalization of $769 million and is now worth $0.86. The cryptocurrency has been fluctuating in price, giving scalpers the opportunity to profitably enter and also exit the market. The chart’s overall view is positive, but investors should expect a stronger showing in the next few weeks.
Pacman Frog (PAC) is a decentralized marketplace that lets users purchase and trade digital goods and services without relying on a central authority.
Pacman Frog is a new coin that works on both GameFi and NFT applications. PAC is developing several solutions to give game developers, particularly in the market area, and is currently on presale and will be traded on major crypto exchanges soon.
The following features will be included in the Pacman Frog ecosystem:
● NFT aggregator
It will aid in the collection of data about various NFTs, including their prices, so that users can discover all of their information in one spot.
● NFT Marketplace
Users will be able to trade game NFT items easily and rapidly at competitive prices in the Pacman Frog ecosystem. Users will be able to participate in airdrops and purchase GameFi NFTs at the touch of a button.
● Game Launchpad and Incubator
The platform will offer services to game project developers who want to use Pacman Frog’s services to premiere on its platform.
Apecoin (APE), a token airdropped to members of the Bored Ape Yacht Club non-fungible token (NFT) community, might be the most purchased altcoin among the top Ethereum whales at the time of writing, excluding stablecoins and ETH itself, according to statistics from whale-monitoring platform WhaleStats.
ApeCoin holders control the ecosystem and vote on how it should be utilized through a decentralized Autonomous Organization (DAO). The DAO was established to foster and sustain an inclusive ecosystem, as well as to provide infrastructure for ApeCoin holders to interact.
The Ethereum-based governance token has seen significant price increases in recent days. The latest announcement from OpenSea, the world’s largest NFT platform by trading volume, has fueled the hype. ApeCoin will now be accepted as a method of payment by OpenSea. The NFT marketplace formerly only accepted ETH, however it has been expanded to include APE holders.
Despite being a gaming token, it made the list of the top 30 most valuable currencies. Thanks to a parallel project called the Bored Ape Metaverse. APE, which will also be used in an NFT-based game called Otherside, appears to be gathering traction.
On April 28th, the crypto currency jumped over $27 after the announcement. ApeCoin is a volatile cryptocurrency that has recently retraced to the $9-$12 range, with a market capitalization of roughly $2 billion. While holding ApeCoin, you can receive interest, which helps to keep your portfolio stable amid market volatility.
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