As LUNA and LUNC near their inevitable end due to the recent 30% drop, investors are looking for the best gaming coins.
The GameFi sector has expanded the range of investment opportunities available. Choosing one or two of the most potential GameFi projects for investment can be difficult due to the proliferation of multiple gaming cryptocurrency ventures.
With that in mind, this article discusses LUNA and LUNC price predictions as well as the best GameFi alternatives such as TARO as well as RIA that are configured for the pump. So let’s get started!
Brief overview of the MOON
Two South Korean businessmen, Deed Kwon and Daniel Shin, opened Terra LUNA in 2018 at their Terra Protocol headquarters in Singapore. Like other cryptocurrencies, Terra LUNA is based on blockchain technology and creates money using algorithms. The stablecoins for this cryptocurrency are called UST or TerraUSD.
LUNA Price Forecast
Terra LUNA has had its ups and downs, but lately the trend has been consistently bearish. As the CoinMarketCap chart shows, LUNA peaked on May 28, 2022 at $17.8, but has seen a steady decline since then. It currently costs $2.4965, which is well below $17.8. Let’s see what the experts say.
According to Insidebitcoins, if the $0.00013 support level is breached, the price could continue to decline towards the $0.000057 and $0.000032 price levels. If the bulls manage to hold the $0.00013 level against the bears, LUNA could rise to the $0.00023, $0.00033 and $0.00044 resistance levels.
A Brief Overview of LUNK
Previously, one of the most sought-after cryptocurrencies on the market, LUNA Classic (LUNC), was working on a recovery. He has seen volatility recently but has maintained a decent level of trading volume.
The price of the old LUNA coin peaked at $119.18 in April 2021 before dropping to an all-time low of $0.00001675 on May 13 as a result of the LUNA-UST crisis causing widespread panic in the cryptocurrency markets.
LUNC Price Forecast
In the case of LUNC, after a constant below-average price, there was a sudden permanent increase in its trend. On April 4, 2022, LUNC hit its all-time high of $116.42. However, there was a massive drop right after that, and that’s how it’s stayed. LUNC is currently worth $0.0001833 and investors are very panicked.
Let’s see what the experts say.
Terra Classic is expected to drop by -7.66% to $0.000160 by November 24, 2022, according to CoinCodex data. Their technical indicators indicate that the current sentiment is bearish and is likely to remain so.
Best GameFi Alternatives
While LUNA and LUNC are creating panic in the crypto market and experts are unsure about their future, there are other GameFi coins that are about to explode and investing in them would be a smart choice. Let’s discuss these options.
- RobotEra (TARO) – New metaverse game with cool robot planet and shared multiverse
- Calvaria (RIA) – Currently the most popular NFT-based card game
- Enjin Coin (ENJ) is a GameFi token minted by NFTs
- RobotEra (TARO)
A new play-to-earn metaverse gaming project called RobotEra is powered by its own TARO token, which is currently up for pre-sale. You can use TARO to access various GameFi protocols and earn money on the RobotEra platform.
RobotEra offers a virtual planet-like environment called “Tarot” to enter this market. You can manifest as NFT robots on Tarot. 10,000 NFTs is the maximum amount of this resource you can get, making them a valuable item to buy and own in RobotEra.
The platform has a number of GameFi components, including the ability to earn money by trading land-based NFTs, hosting in-game events, and mining raw materials.
In addition, you can stake TARO tokens to earn profits, advertise on the platform, and exchange NFTs on the market. SharkTeam and CoinSniper confirmed the KYC information of the RobotEra team and verified its smart contracts.
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- Calvaria (RIA)
In the Calvaria card game, for defeating other players, you get two crypto tokens as a reward. The RIA token for the game is currently available for purchase during the pre-sale, probably at the lowest price ever. 40 RIA tokens are worth only a dollar, which is a lot.
The game is currently on sale. The value of RIA tokens grows as the pre-sale moves to the next stage. As the value of the coin will rise even higher at various stages, investors who are looking for an asset with upside potential may want to invest in this project. RIA tokens will be listed on exchanges after the pre-sale is completed.
You can improve your cards, which are represented in the game by characters, each of which has special abilities. In addition to using tactics to defeat your opponents, you can get special cards and power-ups to power up your decks.
Calvaria offers unique resources that you can collect and use to advance in the game or sell to other players. You get in-game rewards for winning matches and extra time.
>>>Buy Calvaria now<<
- Coin Engin (ENJ)
In terms of future growth potential, Enjin Coin ranks among the top GameFi cryptocurrencies. The organization that created this coin provides a number of integrated tools that simplify the development and implementation of NFT projects.
In this way, Enjin greatly expands the GameFi ecosystem and expands the NFT market.
The Enjin platform gives you access to SDKs, game plugins, cryptocurrency wallets, and payment methods. You must lock tokens in a smart contract when using Enjin to create digital assets. Thus, the value of non-fungible tokens produced in the Enjin ecosystem is maintained by Enjin.
So, here it is. With a 30% drop, investing in LUNA & LUNC is out of the question as you will only face a loss. So what can you do? Invest in GameFi’s apparently best choice: TARO and RIA.
TARO being a brand new Metaverse has been the talk of the day for obvious reasons. This gives you an amazing gaming experience and a shared multiverse, while RIA allows you to make tons of purchases by converting your rewards into RIA tokens and you get access to unique resources.
We hope this article will allow you to make an informed decision and assuage your panic about the 30% drop in LUNA and LUNC.