hit counter

The three best gaming coins to invest in amid the ongoing bear market

Sep 23, 2022 6:14 p.m IS

New Delhi [India], September 23 (ANI/ATK): The advent of the Metaverse and other related technologies has transformed the way the public views online gaming and paved the way for the emergence of gaming coins and the GameFi industry. Gaming coins are in high demand now as they are the key to the diverse world of crypto gaming, a burgeoning new sector that brings wealth to world citizens through playing games. This world is synonymous with innovative concepts like play-to-earn (P2E) and move-to-earn (M2E), all of which require users to perform a task or activity to earn rewards.
The possibilities within the metaverse and the crypto game are endless, and it seems the public is starting to catch up. There has never been greater interest in crypto gaming than now, even in a challenging and unrelenting bear market like the one the industry is currently facing. Therefore, gaming coins could become valuable assets during this time.
With multiple options available, the big question is which is the best game coin to buy at this moment. We’ve narrowed the options down to three, all of which have immense growth potential. Here’s everything you need to know about Axie Infinity (AXS), Apecoin (APE), and Moshnake (MSH).
Axie Infinity (AXS)
Axie Infinity (AXS) is a blockchain-based monster fighting game inspired by popular games like Pokemon and Tamagotchi. Partially owned and operated by its players, Axie Infinity (AXS) operates by allowing users to collect, breed, raise, battle, and trade token-based creatures known as Axies. Axies and other in-game items are represented by Non-Fungible Tokens (NFTs) that can be traded in the game’s marketplace. Axies are breedable, and the rarer the Axie, the more valuable it is.
AXS is the game’s native cryptocurrency and is an integral part of its operation. AXS facilitates various activities such as rewards, transactions, and network governance. As a governance token, AXS allows holders to participate in important governance votes and have a say in the use of funds in the Axie Community Treasury. AXS is also a stake asset and is available on several top crypto platforms such as Binance, Huobi Global, Coinbase, FTX, Bithumb, KuCoin, Gate.io and Kraken.
Apecoin (APE)
Apecoin (APE) originated in the APE ecosystem and is a member of Yuga Labs’ ever-growing Bored Ape Yacht Club (BAYC). The token exists to function within the burgeoning APE ecosystem, which the APE Foundation supports.
As the governance and utility token of the ape ecosystem, Apecoin (APE) allows token holders to participate in ApeCoin DAO and serves as a common and open currency for holders to use without centralized intermediaries. The token also allows access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games and services.

Moshnake Token (MSH)
Moshnake Token (MSH) comes from the upcoming BNB Smart Chain (BNB)-based crypto game Moshnake. The token facilitates several activities, such as B. rewards and network governance, and is an integral part of all operations. Moshnake Token (MSH) also facilitates transactions such as purchasing NFT items on Moshnake’s internal NFT marketplace and paying transaction fees when purchasing NFT items on Moshnake’s internal NFT marketplace.
Moshnake Token (MSH) is gradually approaching its pre-sale phase. Further information on the token will be made available by then. To keep up to date with all things Moshnake, check out this section.
To learn more about Moshnake, follow the links below:
Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter: https://twitter.com/moshnakeToken
This story was provided by ATK. ANI is in no way responsible for the content of this article. (ANI/ATK)

Leave a Comment