Play to Earn Crypto on the Rise - CryptoCentralized.com

Top Privacy Coins Poised to Lead the Next Crypto Bull Run

Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

The crypto market is up right now – with the biggest crypto gainers being Gods Unchained and Axie Infinity.

Apecoin and Lucky Block are also moving strongly upwards as Bitcoin has pumped to $32,200, and Ethereum is now $2,000. The entire crypto market is green, but the P2E coins stand out.

Play to Earn Coins are the Top Crypto Gainers of the Day

Many play-to-earn tokens were oversold during the bear market because of less incentive to play crypto games as dropped rewards were paid out as the game’s native tokens.

Now Bitcoin and Ethereum are seeing a strong resurgence, same beta assets that follow the trends of Bitcoin closely – rising and falling along with BTC – are now seeing an upward rise in double digits, beating BTC that’s only up to 9% on the day.

Lucky Block (LBLOCK)

Lucky Block launched the app for its decentralized app platform on May 30th ahead of the first draw on May 31^st, where it planned to award two separate jackpots worth $1 million. One to the holder of the NFT and the other to those buying tickets. All LBLOCK token holders received 1 ticket each if they had $500+ worth of LBLOCKs.

The launch of the app led to a 20% uptick in price, while the market cap still is low – leaving a lot of room to grow. Right now, the market cap is not high enough to be registered on Coingecko.

In February this year, the value of LBLOCK almost reached 1 cent after a 60 to 65X bull run as it launched on Pancakeswap. The 91% correction afterwards has now found a bottom as the project is set to reveal the token’s use case.

Your assets are at risk

ApeCoin (APE)

“Let bygones be bygones” seem to be attitude crypto enthusiasts have adopted after the genesis mint of Yugalab’s Otherdeeds for Otherside NFTs. The high gas fees and other complications – least of which was players getting their gas fees deducted without getting the NFTs – led to a high APE sell-off. The community later found that APE and Ethereum would also be used to buy and sell Otherside land.

It appears as though now the APE has been oversold – as it retraced by 82% from $27 to $5 before bouncing. Currently, its price is 0.59% higher than the one it had when it bounced by 15%: $6.97.

Your assets are at risk

Gods Unchained (GODS)

GODS is rising fast, and it seems it is about to leave its below $1 value behind – having wicked above it last week before Bitcoin took a bullish route. The play-to-earn token has been up by nearly 10% in the past 24 hours. Check out our Gods Unchained Price prediction, where we discuss that the token’s price has retraced by 97.5% from its all-time high that it achieved in December 2021.

The coin’s market cap has dropped to $17.3 million. It is now a potentially good time to invest as the development on the roadmap has been bullish, with support like NFT royalties being added to the project.

Your assets are at risk

Axie Infinity

One of the first to enter the play-to-earn ecosystem and become the most popular crypto game in the market, Axie Infinity, has retraced by 87% after its 160,000% bull run.

Today’s 25% increase in AXS price could signify a new uptick for this token – at least for the short term.

With its market cap of $1.4 billion, AXS was #1 on eToro’s daily movers list on 30th May but has now slipped to #24 – even though the market can is up by $10 million to $1.5 billion.

Your assets are at risk

Lucky Block – Our Recommended Crypto of 2022