Experts name this gamefi coin the top crypto for 2024
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Avalanche surged 10% in 24 hours, surpassing Tron by market cap. Meanwhile, experts highlight Minotaurus as a top GameFi token.
Avalanche (AVAX) went up 10% in 24 hours. It even outshined Tron (TRX) by market cap. Meanwhile, experts refer to Minotaurus (MTAUR) as a top GameFi token.
Avalanche (AVAX) has been a project to watch during the last weeks. It grabbed attention with its 10% price leap in 24 hours. The token took the place of Tron (TRX) in the world’s top coins list. Such dynamics will hardly go unnoticed.
But Avalanche (AVAX) isn’t the only digital asset that bartered the attention of experts. Analysts point to Minotaurus (MTAUR) as one of the most promising tokens to buy in 2024 and beyond. Below is a roundup of the two notable crypto projects.
Avalanche displacing tron in ranking
Avalanche (AVAX) has shaken the market recently. The reason why it’s on the radar is its latest price hike. The coin saw a 10% uptick within a single day — up to $31.94 per token. It sustained the upward movement for a while. The weekly growth displayed by Avalanche (AVAX) exceeded 17%. Together with the price leap, Avalanche (AVAX) rose in market cap. This figure reached $12.6 billion.
As a result, the balance of power in the top 20 coins ranking has changed. In that ranking, Avalanche (AVAX) appeared higher than Tron (TRX).
Since then, Avalanche (AVAX) has experienced price correction. As of writing, it’s worth $27.43 per coin. The market cap rolled back to $10.8 billion.
Despite this pullback, analysts are still bullish on Avalanche (AVAX). The ecosystem sees many updates and unique features. It tackles common bottlenecks that blockchains face, like speed and scalability.
On-chain data also speaks of a positive sentiment. The transaction volume is up by 15.10% over the last 24 hours. So, the market activity seems to be high.
Active and new addresses on the Avalanche (AVAX) network are also on the rise. That might speak of a greater adoption within the community. For many, Avalanche (AVAX) is a go-to platform for DeFi and dApp development. Its capabilities come in handy for many use cases.
The latest price drop might be temporary. Avalanche (AVAX) has strong fundamentals, like tech advances and constant improvements. As experts say, the best for Avalanche (AVAX) is yet to come.
Recent dynamics in gamefi: Is Minotaurus a coin to buy?
Avalanche (AVAX) isn’t the only high-potential pick out there. Lots of opportunities may await in the GameFi sector.
GameFi projects unite gaming and decentralized finance. Here, users can enjoy a fun favorite pastime and explore the opportunities of crypto. New projects of this type appear every day, and the market becomes somewhat saturated.
Finding a project with enduring utility can be tough. But not impossible — new entrants like Minotaurus (MTAUR) might have it all.
The core of Minotaurus (MTAUR) is a blockchain-powered game. Within that game, users run through an endless maze and complete tough levels. The plot is inspired by Greek mythology and the legendary Minotaurus in particular. The hyper-casual game mechanics are the devs’ response to market demands. As SensorTower reported, mobile app stores saw over 5.9 billion installations of such games in 2023.
The ecosystem runs on the MTAUR token. It can be exchanged for virtual currency. With this currency, users get to make in-game purchases — customization options, power-ups, and extra zones.
Can Minotaurus turbocharge your crypto portfolio?
Chances are, the crypto market is going to be bullish again. Avalanche (AVAX) looks like a solid pick. However, its upward momentum has slowed down recently. Minotaurus (MTAUR) is a new contender, and its potential is yet to be discovered.
As of writing, early participants can secure MTAUR at $0.000048 per coin. Given the projected $0.0002 listing price, early-bird savings could reach 76%.
In addition, there are extra incentives for early buyers. Presale participants can get referral benefits for bringing friends to the project. Those who extend vesting during the purchase can get extra MTAUR tokens as a bonus.
For more information, visit the official website or follow the project on Telegram and the X.Â
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