Top 3 Gaming Coins to buy in June
The gaming industry has quickly emerged as one of the most profitable sectors worldwide, outpacing the entertainment industry in revenue generation. With a market value reaching billions each year, there are numerous gaming tokens up for grabs.
These tokens allow players to participate in purchasing, selling, and trading in-game items for possible gains. Despite the wide range of choices, only a handful have managed to stay dominant in the market over time.
Before we discuss the top 3 gaming crypto coins to invest in, let’s take a quick look at the overall game-to-earn market.
Top 3 Gaming Coins are:
Table of Contents
Immutable(IMX)
IMX is the main token for Immutable X, a platform that enhances Ethereum for NFTs.It enables fast, affordable, and eco-friendly transactions, making it ideal for gaming and digital collectibles. IMX is used for transaction fees, staking, and governance, helping to grow and improve blockchain technology.
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Price Today
As of 18 June 2024, the current price of IMX stands at $1.82, and it has recorded a trading volume of $70,478,945.75 in the last 24 hours. Over this period, the price has dropped by -7.70%. Looking at the past 7 days, there has been a decline of -18.87% in the price. With a circulating supply of 1.5 Billion IMX, the market cap of Immutable is valued at $2,707,678,904.
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The price is currently trading above the horizontal support zone, presenting a potential buying opportunity. A significant upward movement is anticipated soon.
The IMX/USDT chart shows a critical support zone around $1.80-$1.85, with a potential bullish reversal indicated by the recent bounce. Traders should watch for a break above the $2.00 resistance for confirmation of a continued upward move.
Price Prediction
In June, the price of IMX might be around $1.57, with a potential minimum of $1.50 and a maximum of $1.64. This could result in a potential return on investment (ROI) of 16.3%.
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BEAMX
BEAMX is the token for the Beam blockchain platform. It allows users to make private and secure transactions, participate in governance, and access various DeFi services. BEAMX aims to provide a safe and efficient way to use blockchain technology.
Price Today
As of 18 June 2024, BEAMX is currently priced at $0.002761 today, with a trading volume of $0.653151 over the last 24 hours. The price has decreased by -0.07% in the past day and -23.45% in the last 7 days. Unfortunately, the market cap data is unavailable today due to an unreported circulating supply of BEAMX tokens.
The price is trading within the horizontal support zone of a descending triangle. We can consider buying Beamx after it breaks out above this zone.
The BEAMX/USDT chart is currently decreasing, but solid support is finding around $0.0200. If it manages to break above the downward trendline, it could indicate a change in direction.
On the other hand, if it breaks below the support, we might see more declines. Traders should keep an eye out for a bounce at the support zone or a break of the trendline to determine the next move.
Price Prediction
In June, the price of BEAMX might be around $0.0394, with a potential minimum of $0.0391 and a maximum of $0.0397. This could result in a potential return on investment (ROI) of 33.2%.
My Neighbor Alice (ALICE)
ALICE serves as the official token for the My Neighbor Alice game, a multiplayer builder game that operates on the blockchain. Within the game, players have the opportunity to purchase and possess virtual islands, gather and construct thrilling items, and connect with new acquaintances.
The ALICE token plays a crucial role in the game’s ecosystem, enabling players to make in-game purchases, stake their tokens, and actively participate in the game’s governance. It’s an indispensable component of the My Neighbor Alice experience.
Price Today
As of 18 June 2024, the price of ALICE is $1.44, with a 24-hour trading volume of $32,402,565.40. This represents a -5.46% price decline in the last 24 hours and a -19.08% price decline in the past 7 days. With a circulating supply of 92 Million ALICE, My Neighbor Alice is valued at a market cap of $132,605,179.
The ALICE/USDT chart has been on a steady rise since October 2023, supported by a strong support line. Although there was a recent dip in price, it is now approaching this support level, which could trigger a rebound. If the support line holds, there’s a chance for the price to bounce back within the range of $1.90-$2.00.
The trading volume remains consistent, so if there’s a surge near the support, it could indicate a strong interest in buying. Traders should keep an eye out for a bounce at the trendline, as it could potentially lead to a move towards $1.90-$2.00. However, if the support breaks, an upward movement is expected in the near future.
Price Prediction
In June, the price of ALICE might be around $ 0.008077; the current sentiment is bearish, and the Fear & Greed Index indicates a greed level of 74. The chart has been steadily climbing since October 2023 and is approaching a strong support level. If this support holds, there’s a possibility of a rebound towards the $1.90-$2.00 range.
Conclusion
To sum up, there are various investment opportunities in the gaming industry’s expansion, particularly in blockchain-based tokens such as IMX, BEAMX, and ALICE. IMX provides solid support and has the potential for growth. BEAMX demonstrates resilience within a descending triangle pattern, while ALICE holds promise with its strong support and the possibility of bouncing back. It’s important for investors to keep a close eye on these tokens, taking into account their roles in gaming ecosystems and market trends, in order to make well-informed decisions.
