Top Gaming Tokens Poised for a 3X Surge
Blockchain gaming is becoming the next big thing in crypto, and analyst VirtualBacon believes the industry is severely undervalued. While categories such as Layer-1 blockchain, artificial intelligence, and meme coins have seen significant growth, gaming tokens still dominate the bear market at just 0.4%. virtual bacon debate As altcoin season heats up, this divergence presents investors with an excellent opportunity, with the game’s dominance potentially tripling during a bull run.
VirtualBacon highlighted in his recent video analysis that while the dominance of Layer-1 blockchain grew from 5% to 9% and artificial intelligence soared from 0.6% to 1.2%, the gaming sector has stagnated. Despite this, the market cap of gaming altcoins has exceeded the $32.2 billion mark, reflecting renewed interest in Web3 gaming and laying the foundation for explosive growth.
Top gaming tokens surge 3x
VirtualBacon reshaped his portfolio to make gaming tokens his largest allocation at 14%. He highlighted several projects that are expected to see significant growth:
Super Universe (SUPER)
Starting with outperforming Bitcoin, SUPER has risen from $0.20 to $2.20 since November 2023. It has been outperforming Bitcoin, forming higher lows on the BTC ratio chart. Staking initiatives and TON Station airdrops are believed to have fueled its rise.
The main reason for this uptrend is that altcoins are not releasing large amounts of supply to early investors in the naked market, thus diluting supply and increasing selling pressure.
beam
Beam’s price is rising relative to Bitcoin due to its major upgrades and strategic moves. Its move from a smaller network to a high-performance blockchain makes it a stronger contender in the gaming technology space. Additionally, its expansion into the cryptocurrency hotspot UAE brings new opportunities and funding. These advances have increased confidence in Beam, which is reflected in its steady growth relative to BTC.
Other tokens
WILD is known for its innovative approach to combining practicality with entertainment. Additionally, SeedWorld (SWORLD) and Xborg (XBG) are pushing the boundaries of blockchain gaming by combining immersive experiences with decentralized finance.
Focused primarily on fresh narratives and dynamic gameplay, Plus Play Network (PLAY) and Super Champs (CHAMP) aim to redefine the industry and transcend the fading hype of the “play and earn” model.
Traditional tokens face challenges
VirtualBacon noted that older gaming tokens such as Sandbox, Decentraland, and Axie Infinity are struggling to regain past momentum. The waning appeal of earning money while playing and metaverse narratives has caused these projects to be left behind, creating space for innovative players to dominate the market.
Current market sentiment
The blockchain gaming narrative aligns with the altcoin season’s indicators. The Altcoin Seasonal Index has breached the key 75% threshold, a level historically associated with broad market rallies. With Bitcoin topping $100,000 and altcoins outperforming the market, gaming tokens are likely to see significant inflows. VirtualBacon believes this is an industry with untapped potential, offering investors high returns as new projects innovate beyond outdated models.
As cryptocurrencies prepare for 2025 and altcoins gain momentum, VirtualBacon’s insights put blockchain gaming at the forefront of the bull run, making it a key area for investors to focus on.
