Axie Infinity Is the Industry Leader in Crypto Gaming, Says Crypto Head

WikiBit 2022-05-12 09:54

According to Crypto Head, five crypto games have market caps in the millions, while two have market caps in the tens of millions.

　　According to the research, Axie Infinity's diluted market cap, which refers to the total worth of the crypto at the price if the whole future supply of coins were in circulation, was $15.81 million, which is more than $10 million more than third-placed Decentraland. Cross Link has $13 million, whereas Decentraland has $4.63 million.

　　The games with the largest market capitalization rule the crypto gaming sector. The total worth of the game is represented by the value of all available tokens.

　　Many of these games have released their own tokens, which players can purchase or earn by playing the game, hence crypto games have begun to gain popularity.

　　Axie Infinity also dominated the report's most searched games section.

　　The game has the highest searches in the last six months, with over 29 million searches worldwide. The average number of searches for other games was 1.45 million.

　　Bomb Crypto and Splinterlands came in second and third, with 4.42 million and 2.59 million searches, respectively.

　　According to Crypto Head, the value of tokens for crypto games varies greatly, ranging from fractions of a penny to thousands of dollars; the average cost of the tokens rated is $63.80.

　　The most costly gaming tokens are from Yo Hero, whose 'YO' token is worth little more than $2,021.

　　Cometh and Axie Infinity are tied for second place at $59.23 and $58.54 per token, respectively.

　　Social media, particularly Twitter, is a driving force in the growth of video games.

　　The average number of followers is little over 115,000, according to the research, but the top three most popular games have more than that.

　　Axie Infinity dominated again with 915,600 Twitter followers, followed by Decentraland and Star Atlas with 529,500 and 306,800 followers, respectively.

　　As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!

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