Biggest Crypto Gaming Tokens Launched in 2024—So Far
Gaming and networking tokens have been the biggest revelations of the year as the crypto market recovery and token issuance accelerates.
From Portal to Pixels, these are the gaming tokens that have made the most noise this year, ranked by peak market cap to date, according to price data at the time of writing.
With so many leading gaming tokens debuting this year, the top 10 list is limited based on peak market cap. So, without a doubt, these are the largest gaming tokens issued to date in 2024.
1.Notcoin (NOT)
Peak Price: $0.02896
Peak Market Cap: $2.97B
A whole new champion has emerged. Notcoin launched its NOT token on the Open Network (TON) in May, and it quickly soared to a market cap of around $1.5 billion on the back of an announcement that it would automatically issue coins to around 35 million players. Of course, as with many new coins, the initial price action was volatile and the price soon dropped, but it soared to new heights in June, reaching a peak market cap of nearly $3 billion.
No other new gaming token in 2024 has even come close to that figure. And with a flood of new Telegram-based games reaching an even larger audience, all eyes will be on the next token launches coming soon.
2. Pixels
Peak Price: $1.02
Peak Market Cap: $731 million
The most popular game on Ethereum right now is also responsible for one of the most popular tokens of the year.
The PIXEL token, released in late February for the online chill farming game on the Ethereum scaler Ronin, helped introduce even more cryptocurrency elements to the web game. It also generated over $1 billion in trading in less than a day.
With hundreds of thousands of daily users, Pixels is catching the attention of the crypto world and helping to build some serious momentum around Ronin. In mid-March, PIXEL’s price surpassed $1, taking the top spot on that list until it was displaced by Notcoin. More tokens have been unlocked since then, though PIXEL’s price is now down significantly.
3. Saga (SAGA)
Peak Price: $7.60
Peak Market Cap: $684M
Not a purely gaming network, the Saga tier-one network has focused much of its initial push around gaming, including running play-to-airdrop campaigns and revealing plans for its own gaming publishing house called Saga Origins.
According to Saga, about 80% of the testnet projects were focused on gaming.
The SAGA token made a big splash, first with a record-breaking Binance Launchpool campaign that saw customers invest over $13.4 billion to earn SAGA rewards, and then with a peak price that propelled the token to the second spot on our list.
4. Hamster Kombat (HMSTR)
Peak Price: $0.01
Peak Market Cap: $646.3M
Well, it’s finally happened: Hamster Kombat, which attracted over 300 million players in a matter of months with its viral Telegram mini-app, dumped its token in late September. And it was a big enough drop to make the top 5 of this list, although many players have complained about such small drops, calling them “gunpowder.”
It will be interesting to see how the token performs from here on out, though. Notcoin (NOT) exploded about two weeks after the initial drop, skyrocketing to a new peak that is more than triple its launch price.
5. Portal (PORTAL)
Peak Price: $3.36
Peak Market Cap: $561.6M
Having just launched on February 29th, Portal has arrived with a level of hype that we haven’t seen in the crypto gaming space in a while. This is partly due to air farming, where users flooded Twitter with tweets, and also to Binance’s then-record-breaking campaign, where users poured over $9 billion into the cryptocurrency in hopes of receiving a reward, which didn’t hurt.
However, the price quickly fell and hasn’t even come close to regaining that position as of the latest update. Can this Ethereum-based token for a future cross-chain gaming platform regain its hype?
6. Xai (XAI)
Maximum Price: $1.59
Maximum Market Cap: $440.6M
Layer 3 gaming network Xai, powered by the Ethereum Arbitrum scaler, held its first major airdrop of the year, rewarding node owners and users, as well as some NFT holders. It was a hot start for XAI, which saw its price rise to a peak more than double the price it fell to.
Games are starting to appear online, which should bring even more attention and excitement to the token, and Xai recently launched staking rewards.
7. Catizen (CATI)
Maximum Price: $1.11
Largest Market Cap: $338.6M
Here's another big Telegram gaming token. While Catizen has yet to reach the heights of Telegram pioneer Notcoin, its launch shows that these games could have serious potential when their coins hit the market – despite the disappointment of users with how they were distributed in September.
Catizen has become one of the biggest Telegram games of the second wave after Notcoin, but it remains to be seen whether it can hold its own or rise even higher, as Notcoin did a few days after its launch. As of the latest update, the game’s price has fallen by more than 50% from its peak.
8. Heroes of Mavia (MAVIA)
Highest Price: $10.59
Highest Market Cap: $317.7 million
Heroes of Mavia is one of the biggest crypto games of the year. The Clash of Clans clone has attracted millions of downloads on iOS and Android, and Skrice Studios celebrated the launch by giving away tokens to the first 100,000 players, as well as tokens for virtual land owners who had previously staked their NFTs.
After its launch in February, MAVIA’s price skyrocketed to over $10, more than 5 times its opening price. But it was short-lived, and the price has since lost over 80% of its value, with the game’s team deciding to pause and reduce some token unlocks to mitigate the potential impact on the market.
9. Gaimin (GMRX)
Share Price: $0.03937
Market Cap: $261.2 million
Gaimin is designed to power cryptocurrency games through a decentralized cloud platform that allows users to contribute their idle computing resources to earn rewards. The platform’s GMRX token was launched in late March.
While the price of the individual token is negligible, there is a fairly large supply in circulation, pushing the maximum market value to $261 million. However, at the time of writing, the price has fallen by over 95%, so we will see if Gaimin can get back to that mark anytime soon.
10. Zentry (ZENT)
Peak Price: $0.045
Peak Market Cap: $248.7 million
Launched in late April, ZENT is the token of Zentry, a crypto gaming guild turned gaming rewards platform formerly known as GuildFi. Along with the rebrand, the company issued a new Ethereum token and offered a conversion for existing GF holders to migrate to ZENT. The new Zentry token peaked in price a month later, pushing its all-time market cap to just over $250 million - though, like many gaming tokens (and cryptocurrencies in general), it has fallen sharply since then.