Various things go into constructing a crypto venture, whether or not the aggressive storm of the market stands the check of time. The GameFi (gaming + decentralized finance) side of the crypto market has been gaining extra consideration not too long ago, prompting crypto fans to ponder the success likelihood of some promising initiatives within the area of interest.
Whereas occasions of the crypto market can’t be assured or predicted with assertion, understanding the success likelihood of a token helps you differentiate initiatives with good potential from shams.
Gala (GALA) and the brand new cryptocurrency Metacryp (MTCR) are two promising gaming initiatives. However can they be as profitable as Solana (SOL)?
Solana (SOL)
Solana is likely one of the largest cryptocurrencies within the coin market when it comes to reputation, market capitalization, utility, and ecosystem. The large cryptocurrency boasts over $11 billion in market capitalization, with over 1.5 million included on the Coinmarketcap watchlists. Solana prides itself because the quickest blockchain throughout the globe and the quickest rising ecosystem within the cryptocurrency area.
 
 
Thousands of crypto projects ranging from DeFi to NFTs, Web3, and more are built on the Solana blockchain, including some gaming blockchain networks. Solana’s low cost, security, high scalability, and community support increase its adoption potential and contributes greatly to its market success. Developers leverage these features to build DApps and other digital creations seamlessly.
Solana (SOL) uses a hybrid consensus algorithm — Proof-of-history (PoH) and proof-of-stake (PoS), which decreases validation time for transactions and smart contract execution, increasing scalability and boosting usability.
The Solana token (SOL) ensures the functionality of the ecosystem. It has one of the greatest ROI for long-term investors, moving from an all-time low of $0.5 in 2020 to an all-time high of $260 in Nov 2021. While it currently sells slightly below $33, experts still believe patient holders will benefit from another upward rally in the long run.
Gala (GALA)
Gala (GALA) launched into the coin market barely three years ago and has grown to have 1.3+ million active users monthly. In addition, over 26,000 NFTs have been sold on the platform for prices ranging up to $3 million. This indicates that Gala doesn’t fall short of achieving every possible market success available for gaming projects.
The project was launched to allow players to have control over their games. The developers hope to leverage blockchain technology to build games that everyone will be interested in playing while giving players control of the game and their in-game assets. Players can possess NFTs, which allow them a say in Gala decision-making on what games should be funded or developed.
The platform also has a utility token — GALA and NFTs collectable series. Gala plans to release Fantasy RPGs, tower defense Sci-fi, strategy games, etc. It has a playable game, TOWN STAR. The town simulation game can be played on browsers.
With new game releases and the integration of more incentive mechanisms, analysts believe Gala (GALA) can attain Solana (SOL) success which will also bring a surge in the crypto price. GALA currently sells at a low price, slightly above $0.05, and it could rally towards its ATH of $0.8 in the long run.
MetaCryp (MTCR) is a new cryptocurrency project with GameFi features. The platform boasts applications in the metaverse, P2E gaming, DeFi, NFTs, and Socializing, leveraging blockchain technology to provide users with these utilities. These features increase its adoption potential and simultaneously its chances of market success.
The gaming and DeFi industry are two fast-growing aspects of the crypto market, and Metacryp aims to leverage this opportunity being an upgrade to existing projects in the niche. Its accountability, transparency, fast settlement, low network fees, and community-centred approach will make it a preferred option to existing ones.
This will contribute greatly to a successful market run. The token is available on presale and could make a good buy in the long run. Potential adopters can purchase Ethereum, BNB, and BTC with 10%, 13%, and 8% bonuses. They can also earn a 70% bonus on every $3000 purchase and 20% on $1000.