NFT gaming-related projects worth investing in on December 15: AXS, GALA, and YGG

By: Invezz
nft

Axie Infinity AXS/USD is a blockchain-based game where players can buy, breed, and battle monsters called Axies against one another. 

Gala Games GALA/USD is a platform for blockchain gaming built on Ethereum, where GALA is used as the medium of exchange.

Yield Guild Games YGG/USD is a play-to-earn gaming guild that brings players closer together through blockchain-based economies.

Should you invest in Axie Infinity (AXS)?

On December 15, Axie Infinity (AXS) had a value of $96.75.

To see what this value point means for the AXS token, we will go over its all-time high value as well as its performance last month.

AXS had its all-time high volume on November 6, when it reached $164.90 in value.

Its lowest point of the month was on November 19, when the token decreased to a value of $123.09.

Here, we can see that the token decreased in value by $41.81 or by 25%.

However, from November 19 to December 15, the token decreased by an additional $26.34 or by 21%.

With this in mind, if AXS breaks the $100 barrier, it has the potential to increase in value to $110 by the end of December and is a solid buy. However, if its value goes under $90, it might be worth reconsidering.

Should you invest in Gala (GALA)?

On December 15, Gala (GALA) had a value of $0.50.

To get an indication as to what kind of value point this is for the GALA token, we will compare it to it’s all-time high value and its performance last month.

Its lowest point of value in November was on November 10, when the token fell to a value of $0.07.

GALA had its all-time high value on November 26, when the token reached a value of $0.82. This marked a 1071% increase or by $0.75.

That said, even despite the fact that from November 26 to December 15, GALA decreased its value by $0.32 or by 39%, it’s still up in value and has the potential to go to $0.60 by the end of December, making it a solid buy.

Should you invest in Yield Guild Games (YGG)?

On December 15, Yield Guild Games (YGG) had a value of $5.54.

With the goal of getting an indication as to what kind of value point this is for the token, we will be making a comparison between its all-time high-value point and its performance in November.

Its lowest point of November was on November 12, when the token fell to a value of $5.79.

YGG had its all-time high value on November 20, when the token reached a value of $11.17.

Here, we can see that the token increased in value by $5.38 or by 93% throughout November.

However, from November 20 to December 15, the token decreased in value by 50% or by $5.63.

That said, this is an excellent price point to buy the YGG token at, as it has the potential to climb to $7 by the end of December.

The post NFT gaming-related projects worth investing in on December 15: AXS, GALA, and YGG appeared first on Invezz.

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