Best GameFi tokens to get after fundraising jumped 135% in August

Best GameFi tokens to get after fundraising jumped 135% in August
фото показано с : invezz.com

2022-9-14 13:05

STEPN (GMT/USD), Gala (GALA/USD), and Immutable X (IMX/USD) are some of the best GameFi tokens you can invest in throughout September 2022.

When we look at some of the most recent news in crypto, DappRadar members revealed that Web3 games and Metaverse projects raised $748 million in funds throughout the previous month.

This marked a jump of 135% compared to July, but it is still a decline of 16% compared with June. 

Blockchain gaming collected $3.1 billion in investments last quarter, and in 2022, it has added $6.9 billion in funds. 

Should you buy STEPN (GMT)?

On September 14, 2022, STEPN (GMT) had a value of $0.66368.

The all-time high of STEPN (GMT) was on April 28, 2022, when it reached a value of $4.11.

When we go over its performance throughout the previous month, on August 16, GMT had a value of $1.1111, marking its highest point.

Its lowest point was on August 29 at a value of $0.6378. Here, we can see a decrease of $0.4733 or 42%.

However, from August 29 to September 14, the cryptocurrency increased in value by $0.02588 or 4%. 

With this in mind, this marks a great point for investors to get into GameFi and buy GMT, as the cryptocurrency can reach $1 by the end of September 2022. 

Should you buy Gala (GALA)?

On September 14, 2022, Gala (GALA) had a value of $0.04806.

When we go over its all-time high, Gala (GALA) reached a value of $0.824837 on November 26, 2021.

Going over its performance in August, GALA had its highest point of value on August 15 at $0.0716. Its lowest point was on August 29 at $0.04939.

Here we can see a decrease in value by $0.02221 or by 31%.

The $0.04806 price represents a solid value point to buy GALA, as it can increase to $0.07 by the end of September 2022.

Should you buy Immutable X (IMX)?

On September 14, 2022, Immutable X (IMX) had a value of $0.8095.

Going over its all-time high point of value, Immutable X (IMX) reached $9.52 on November 26, 2021.

Looking at how IMX performed in August, IMX had its highest point of value on August 9 at $1.2572. Its lowest point was on August 29 at $0.7735.

Here, we can see a decrease of $0.4837 or 38%.

From August 29 to September 14, IMX increased by $0.036 or 4%. With this in mind, buying IMX is a solid opportunity as it can climb to $1.1 by the end of September. 2022.

The post Best GameFi tokens to get after fundraising jumped 135% in August appeared first on Invezz.

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