With a boom in altcoins, the crypto gaming tokens are back with rising Web 3 gaming users. Further, the market cap of gaming altcoins crosses the $20B mark, reflecting a boost in momentum.
Among the top performers, the rising names are FLOKI, Notcoin, Gala and Illuvium. While Floki is primarily categorized as a meme coin, despite the attempts to crack Web 3 gaming and DeFi user base. So, let’s take a closer look at the other three rising crypto gaming tokens ready for a 5x rally this bull run.
With a market cap of $845 million, Notcoin is a rising crypto gaming token based on the TON network. Currently, the NOT token is trading at $0.008256 with a 24-hour increase of 8.51%. In the past seven days, the gaming crypto token has increased by almost 12% despite the recent controversy of Telegram’s CEO being arrested.
Nevertheless, the bullish recovery in Notcoin shows an upcycle challenging the resistance trend line of a falling-wedge pattern. The gaming coin shows an intraday candle with a higher price rejection from the $0.010 psychological mark.
As the breakout chances increase, the crypto gaming token will likely reclaim the $0.002 level. Furthermore, based on the Fibonacci levels, the optimistic target for the gaming token stands at $0.03234, almost 3x gains.
With a market cap of $751 million, the Gala token currently trades at $0.02161. It has increased by 4.32% in the past 24 hours and almost 17% in the past 17 days.
Furthermore, the daily chart reveals a consolidation range that is outgrowing a falling wedge pattern by taking support at the crucial $0.015 level. The bull cycle within the consolidation range surpasses the 50-day EMA and briefly gives a bullish breakout.
However, the overhead supply results in a quick pullback to $0.21, delaying the breakout rally. Nevertheless, as the bullish momentum increases, a trend reversal rally in the crypto gaming token will likely hit the 50% Fibonacci level at $0.048.
Optimistically, based on the March 2024 bull run assumption, the underlying potential teases a target at $0.08737, the 52-week high.
Will the GALA games token price hit $0.10 in 2024? Find out now in Coinpedia’s GALA price prediction, filled with price insights, technical analysis, and predictions for 2024 to 2030.
With a rounding bottom reversal in the daily chart, the Saga token teases a bullish reversal. With a market cap of $261 million, the Saga token is currently trading at $2.55.
Furthermore, the crypto gaming token has increased by 11.77% in the past 24 hours and registered a 30% growth over the last week. Based on the Fibonacci levels in the daily chart, the upside target for the crypto gaming token stands at 50% and 78.60% at $3.77 and $5.34, respectively.
Optimistically, the Saga token over the Binance Exchange has listed an all-time high of $8.99 on its listing day. As listed during the aftermath of the March 2024 bull run, the upcoming bull run potential will likely reach the $10 psychological mark.
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