In the world of gaming tokens, $NOT and $APE have emerged as the leading players with impressive trading volumes of $585 million and $435 million, respectively. These tokens have attracted significant market attention, reflecting the growing interest in blockchain-based gaming assets. As noted by crypto news platform Phoenix, the leading position of these tokens is demonstrated by their demand and the high trading volumes seen in the gaming category.
TOP #GAMING TOKENS BY WEEKLY VOLUME$NOT $APE $GALA $NAKA $YGG $MANA $BIGTIME $SAND $ILV $GMT $PIXEL $BNX $DAR $AXS $AI pic.twitter.com/7Dm1pD8576
— PHOENIX – Crypto News & Analytics (@pnxgrp) September 8, 2024
$GALA and $NAKA follow $NOT as most traded gaming tokens
After $NOT and $APE, the second most active asset in trading is $GALA with a trading volume of $279 million. GALA is the token that is native to the Gala Games platform, which many decentralized games rely on to support, and this leads to high trading. $NAKA, which ranks just below it, has a trading volume of $257 million. $NAKA, Nakamoto Games, is a gaming platform that has emerged in the market and is based on blockchain technology.
Fourth place goes to $YGG with a volume of $208 million. Yield Guild Games, which is associated with $YGG, is known for its focus on gaming asset management, which has obviously been well received by investors. The second cryptocurrency is MANA, Decentraland’s native token, which has seen relatively high demand with a trading volume of $187 million, indicating a growing interest in the world of virtual reality gaming.
$ILV, $GMT, and $PIXEL Join Growing List of Popular Gaming Tokens
Others include $BIGTIME with 167 million and $SAND with 160 million. Both tokens originate from their respective platforms, namely Big Time and The Sandbox. However, $ILV, $GMT, and $PIXEL, with trading volumes of $149 million, $140 million, and $150 million respectively, all indicate that there are indeed many different gaming tokens active in the market. Other coins that have also joined the list are $BNX, $DAR, $AXS, and $AI, indicating that gaming coins are trending.
Finally, the high trading volumes of these gaming tokens reported by Phoenix are a clear sign of the ongoing and growing interaction between gaming and blockchain. $APE leads the way, followed by $GALA and $NAKA, indicating that investors are concerned about multiple gaming protocols. For example, $YGG, $MANA, and other tokens are showing varying interests in the sector.