Jumping early on these gamefi tokens can yield high returns

Jumping early on these gamefi tokens can yield high returns

By Milko Trajcevski - min read
Updated 21 March 2023
  • The Sandbox (SAND), STEPN (GMT), and Gala (GALA) are some of the best gamefi tokens that you can jump into.

  • Each token has showcased high levels of growth.

  • All of these tokens have the potential to reach new heights.

The Sandbox (SAND), STEPN (GMT), and Gala (GALA) are all solid gamefi tokens.

Dubai virtual asset regulatory authority VARA announced its Metaverse debut within The Sandbox. This marked the first time a crypto regulatory authority made its presence within the metaverse by launching its virtual digital headquarters. 

On May 3, STEPN also posted its success story on Twitter, which drove additional interest in the project. 

Gala Games announced their May Mayhem, which brings rewards, non-fungible tokens (NFTs) as well as other benefits.

We will be going over each token individually so you can know what to expect.

Should you buy The Sandbox (SAND)?

On May 4, 2022, The Sandbox (SAND) had a value of $2.21.

When it comes to the all-time high value, The Sandbox (SAND) had its highest point on November 25, 2021, when the token reached $8.40. This means that the token was $6.19 higher in value, or by 280%.

However, when we look at how The Sandbox (SAND) performed last month, it had its highest point on April 2 at $3.64, with its lowest point on April 30 at $2.13. This marked a decrease of $1.51 or 41%.

With this in mind, at $2.21, SAND is a solid buy as it can reach a value of $2.8 by the end of May.

Should you buy STEPN (GMT)?

On May 4, 2022, STEPN (GMT) had a value of $3.26.

When we go over the performance in April, STEPN (GMT) had its lowest value on April 7 at $2.04.

When we look at its all-time high value, STEPN (GMT) achieved its ATH on April 28, 2022, with a value of $4.11. This means at its ATH; the token was $0.85 higher in value or by 26% when compared to its value on May 4.

From April 7 to April 28, the token increased in value by $2.07 or by 101%.

With this in mind, STEPN (GMT) can reach $4 by the end of May, making it a solid buy.

Should you buy Gala (GALA)?

On May 4, 2022, Gala (GALA) had a value of $0.1424.

Going over the token’s all-time high point of value, Gala (GALA) had its ATH on November 26, 2021, when it reached $0.824837. This means that at its ATH, the token was $0.682437 higher in value or by 479%.

When we go over the performance last month, Gala (GALA) had its highest value on April 2 at $0.2719, while its lowest value point was on April 30 at $0.1459. This marked a decrease of $0.126 or 46%.

However, at $0.1424, GALA is a solid buy as it can reach $0.3 by the end of May.