Play-to-Earn
Play-to-Earn tokens are cryptocurrencies that reward users for playing games.
Top gainers this week
Top losers this week
3 days at the top this week: $CREO is dominating the category
$RBF -74 places this week
Up 48 places this week, $SHRAP is gaining ground
$COGI -46 places this week
$QQ农场 · 5 gem score this week
$NAKA hit a gem score of 79 this week
71 tokens rose and 61 fell this week
$CRA climbed 27 places this month
@ofnirGovernance+6•4$FLOKI, a familiar canine, sees its attention wane, with a one-day dip of 0.38% and a weekly fall of 2.78%. Despite its longevity, trading volume indicates the initial hype around its token burn mechanism has faded for now. The crowd's interest, which once held this dog high, is clearly shifting elsewhere.
$BONE, the ShibaSwap governance token, shows little to excite the keen observer. While up 1.8% over the week, its one-day drop of 2.03% suggests the crowd is not yet convinced by recent efforts to bolster its utility. The ongoing discussion around the "Shibarium" ecosystem isn't translating into sustained momentum.
$PUMP, in contrast, appears to be enjoying its time in the sun, with a remarkable 46.0% surge over the last week and a 306.2% rise over three months, reaching a market cap of nearly $2B. Despite a recent one-day dip of 4.28%, the trading volume suggests genuine and sustained attention, rather than a fleeting whim or single listing.
Frequently asked questions
How has Play-to-Earn performed recently?
The Play-to-Earn category shows mixed but generally positive sentiment over the past 30 days, with 84 tokens seeing an upward trend compared to 48 trending downwards. CreoEngine (CREO) has shown strong momentum, leading a 3-day streak and climbing significantly over both 7-day and 30-day windows. SHRAPToken (SHRAP) and Yield Guild Games Token (YGG) also emerged as strong climbers in both periods. However, Robots.Farm (RBF) and OasisSwap (PSI) experienced significant declines over both timeframes, indicating some tokens are facing headwinds.
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.