Why Gaming Altcoins Like BinaryX Are So 1974

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With cryptocurrency prices in the doldrums of late, investors are hunting other ways to generate returns.

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Play-to-earn crypto games have been catching on like wildfire in the industry and beyond, giving market participants something to be excited about as developers keep their noses down and build.

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The burgeoning GameFi segment is the intersection of gaming and decentralized finance (DeFi), and it has taken the blockchain industry by storm.

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Emerging projects are winning over crypto and traditional gamers alike as play-to-earn features and white-hot NFTs raise the stakes.

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Blockchain-based gaming altcoins, or tokens that fuel the GameFi market, have been known to trade independent of bitcoin, which is especially useful during a crypto market downdraft like the one happening now.

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Take Axie Infinity, which has been an inspiration in GameFi circles and whose virtual land plots in the metaverse are selling for millions of dollars, or hundreds of Ethereum apiece.

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