Play-to-Earn
Play-to-Earn tokens are cryptocurrencies that reward users for playing games.
Top gainers this week
Top losers this week
7 days at the top this week: $NAKA is dominating the category
$CARAT climbed 61 places this week
$BETS climbed 46 places this week
Up 43 places this week, $BETS is gaining ground
Weakest this week: $Squid Game bottomed out at a 6 gem score
$NAKA hit a gem score of 77 this week
72 tokens rose and 56 fell this week
$MM fell 74 places this month
Frequently asked questions
How has Play-to-Earn performed recently?
The Play-to-Earn category shows mixed activity across different timeframes. Over the last 7 days, more tokens experienced a downturn (83) than an upturn (45) in breadth. LUCHA saw a significant rank delta of 36, making it a top climber, alongside GODS, COPI, MV, and SUNC. Conversely, BOOM, Arena Of Faith (ACP), PYRO, and both instances of PVE were among the top fallers. Nakamoto.Games (NAKA) was the streak leader, maintaining its position for 7 days, and also recorded the highest score. Over the 30-day period, the category had more tokens showing an upturn (81) than a downturn (47). MAVIA, TG Casino (TGC), EGG, BetSwirl (BETS), and Arrland (RUM) were notable climbers. In contrast, Shadow Combat League (SCL), BOOM, PYRO, UFO, and Tapcoin ($TAP) were the leading fallers. Nakamoto.Games (NAKA) remained the streak leader, extending its run to 12 days, and also held the highest score. Aavegotchi GHST Token (PoS) was a top K entrant in both timeframes, while Axie Infinity Shard (AXS) was a top K exit in the 30-day window, and Smooth Love Potion (SLP) exited in both windows.
What are Play-to-Earn tokens?
Play-to-Earn (P2E) tokens are a type of cryptocurrency integrated into blockchain-based games, allowing players to earn rewards with real-world value through gameplay.
How do Play-to-Earn games work?
In Play-to-Earn games, players can earn tokens, NFTs, or other digital assets by completing quests, winning battles, trading items, or contributing to the game's ecosystem. These earned assets can often be sold or traded on secondary markets.
What are the benefits of Play-to-Earn tokens?
Benefits include the potential to earn cryptocurrency or digital assets, ownership of in-game items as NFTs, and participation in decentralized gaming economies. They can also offer new ways for players to engage with games.
What risks are associated with Play-to-Earn tokens?
Risks can include market volatility affecting the value of earned tokens, the speculative nature of new projects, potential for rug pulls or scams, and the need to understand blockchain technology and cryptocurrency wallets.
How do I get started with Play-to-Earn games?
To get started, you typically need a cryptocurrency wallet and some initial cryptocurrency to purchase in-game NFTs or tokens, depending on the specific game. Researching the game's mechanics and community is also advisable.