Altcoin Roundup: 3 emerging P2E gaming trends to keep an eye on in 2022
The hype that sparked rapid growth in blockchain-based play-to-earn games in 2021 has begun to dissipate, but here are three projects focused on bringing fresh blood to the ecosystem. Blockchain-based play-to-earn (P2E) gaming had a breakout year in 2021, and as the cryptocurrency ecosystem evolves in 2022, the P2E gaming sector and those that invest in it will need to consider what the next steps are. During bull markets, vaporware, speculation and euphoria can lead to unrealistic valuations and expectations, and this appears to also have impacted the P2E sector.Now that the hype is....
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The FTX gaming unit is a part of company's $100 million commitment towards building the blockchain gaming industry. FTX.US, the American arm of the global crypto derivative and spot exchange FTX, seems to be launching a new blockchain gaming unit.As per a job posting by the crypto exchange, the firm is looking for software developers for its upcoming blockchain and gaming unit. The new gaming unit will be focused on bringing more gaming developers to the blockchain-based gaming ecosystem that incentivizes players via crypto tokens and nonfungible tokens.The job posting revealed that the....
Analyzing Twitter mentions and Google Trends data is another way traders keep an eye on emerging trends and sector rotations in the cryptocurrency ecosystem. A common saying in the investing world is “The trend is your friend,” a phrase that points to the idea that the majority of the time, sticking with the prevailing market trend will produce positive results.Some of the common metrics used to identify market trends include: technical analysis, which involves studying price charts to spot opportunities; fundamental analysis, which involves looking at a project’s underlying economic and....
Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider. Welcome to Cointelegraph Market’s Altcoin Roundup, an in-depth newsletter that focuses on investing from the perspective of fundamental analysis and seeks to identify emerging blockchain projects and tokens that fill niche demands within the growing cryptocurrency market.The concept of multi-sector investing has long been advocated in traditional finance as the conventional approach to building a balanced portfolio. Typical allocations include representation of stocks,....
Gaming tokens are preceding an altcoin season with substantial rallies as the DeFi sector posts losses against Bitcoin. While Bitcoin remains in a cool-off period after thrusting to its all-time high in early November and the decentralized finance (DeFi) sector in an apparent dry spell, gaming tokens seem to have taken the spotlight as massive gains are seen across the industry. The Sandbox’ SAND captured headlines as it spearheaded the enthusiasm for gaming tokens, with over 340% gains in the past month. Another one is GALA, with a similar 300% rally in November. Such coins, including....
Bitcoin is the biggest cryptocurrency by market capitalization and is the most popular. But several other coins have impressed investors. The rest of the coins are known as altcoins – Bitcoin alternatives – and many altcoins projects have provided significant returns higher than just holding Bitcoin. The potential downside can be higher also though – keep a diversified portfolio. We compiled a list of 7 of the best altcoins to watch and invest in. The Top 7 Best Altcoin Projects to Watch and Invest in 2022 From thousands of altcoins on the market, we shortened the list to....