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Axie Infinity (AXS), The Sandbox (SAND) and Gala (GALA) are the most popular GameFi tokens on December 7th.
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Each of them have a large following in the crypto gaming space.
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Each token has the potential to appreciate in value in January.
Axie Infinity (AXS) is a play-to-earn game based on the Ethereum blockchain, with AXS being the native cryptocurrency token.
The sandbox (SAND) is a virtual metaverse where players can essentially play, build, own and monetize their virtual experiences.
Gala Games is a platform for blockchain games based on the Ethereum-based token called GALA.
Should You Buy Axie Infinity (AXS)?
On January 7th, Axie Infinity (AXS) was valued at $ 74.3.
To get a better idea of what exactly this means for the AXS token, we will compare its current value with its all-time high as well as its performance in December.
AXS hit its all-time high on November 6th when the token hit a value of $ 164.90. The token was $ 90.6, or 121%, higher than it is today at its ATH value point.
If we go through the token's performance in December, AXS had its highest value on December 1st at $ 142.15.
However, its lowest value was on December 20 when the token fell to $ 90.18. This gives us an indication that the value of the token has decreased by $ 51.97, or 36%, over this period.
With that in mind, at $ 74.3, the AXS token is a worthwhile purchase as it has the potential to hit $ 80 by the end of January.
Should you buy the Sandbox (SAND)?
On January 7th, The Sandbox (SAND) was valued at $ 4.96.
To get a better idea of what exactly this means for the SAND token, we will compare its current value to its all-time high as well as its performance in December.
The Sandbox (SAND) hit its all-time high on November 25th when it hit $ 8.40. The token was $ 3.44, or 69% higher than it is today at its ATH point.
If we go through the December performance of the SAND token, we can see that the token hit its lowest value on December 15th at $ 4.45.
However, its highest value was on December 26th when the value of the token rose to $ 6.86.
This gives us an indication that the value of the token has increased by $ 2.41, or 54%, over this period.
With that in mind, at $ 4.96, the token is a worthwhile buy as it has the potential to hit $ 6 by the end of January.
Should You Buy Gala (GALA)?
On January 7th, Gala (GALA) was valued at $ 0.35807.
To get a better idea of what exactly this means for the GALA token, we will compare its current value with its all-time high as well as its performance in December.
Gala hit its all-time high on November 26th when the token hit a value of $ 0.824837. Here the token was at its ATH value by $ 0.466767, or 130% higher than it is today.
In terms of the token's performance for the entire previous month, the token had its highest value on December 1st at USD 0.6548.
The lowest value for all of December was on December 4th when the token fell to $ 0.4138.
This gives us an indication that the token's value has dropped $ 0.241, or 36%, in just a few days.
With that in mind, GALA is a solid buy at $ 0.35807 as it could hit $ 0.5 by the end of January.
The post The top 3 GameFi tokens on January 7th: AXS, SAND and GALA appeared first on BitcoinMag.de .