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Axie Infinity (AXS), The Sandbox (SAND) and Gala (GALA) are the go-to GameFi tokens on December 7.
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Each of them has had a huge following within the crypto-gaming space.
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Every token can potentially increase in value throughout January.
Axie Infinity (AXS) is a play-to-earn game that is based on top of the Ethereum blockchain, where AXS is its native cryptocurrency token.
The Sandbox (SAND) is a virtual metaverse where players can essentially play, build, own as well as monetize their virtual experiences.
Gala Games is a platform for blockchain gaming powered by the Ethereum-based token known as GALA.
Should you buy Axie Infinity (AXS)?
On January 7, Axie Infinity (AXS) had a value of $74.3.
To get a better perspective as to what kind of value point this is for the AXS token, we will go over its ATH point of value as well as its performance in December.
AXS had its all-time high value on November 6, when the token reached a value of $164.90. Here, we can see that at its ATH value point, the token was $90.6 higher in value or by 121%.
When we go over the performance of the token throughout December, on December 1, AXS had its highest point of value at $142.15.
Its lowest value point, however, was on December 20, when the token decreased to $90.18 in value. This gives us an indication that the token decreased in value by $51.97 or by 36%.
With this in mind, at $74.3, the AXS token is a worthwhile purchase due to the fact that it has the potential to reach $80 by the end of January.
Should you buy The Sandbox (SAND)?
On January 7, The Sandbox (SAND) had a value of $4.96.
With the goal of getting an indication as to what this value point means for the SAND token, we will compare it to its December value points alongside its all-time high value.
The Sandbox (SAND) had its all-time high value on November 25, when it reached a value of $8.40. Here, we can see that at its ATH point, the token was $3.44 higher in value or by 69%.
When we go over the performance of the SAND token throughout December, we can see that, on December 15, the token had its lowest point of value at $4.45.
However, its highest point of value was on December 26, when the token increased in value to $6.86.
This gives us an indication that the token increased in value by $2.41 or by 54%.
With that in mind, at $4.96, the token is a worthwhile purchase due to the fact that it has the potential to reach $6 by the end of January.
Should you buy Gala (GALA)?
On January 7, Gala (GALA) had a value of $0.35807.
For us to get an indication as to what this value point means for the GALA token, we will go over its ATH value as well as its performance in December.
Gala had its all-time high value on November 26, when the token reached a value of $0.824837. Here, we can see that at its ATH point of value, the token was $0.466767 higher in value or by 130%.
In terms of the performance of the token throughout the previous month, on December 1, the token had its highest point of value at $0.6548.
Its lowest point of value throughout December was on December 4, when the token decreased to $0.4138.
This gives us an indication that the token decreased in value by $0.241 or by 36%.
With this in mind, GALA is a solid buy at 0.35807 as it can reach $0.5 by the end of January.
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Tagged: Analysis, crypto blog, Crypto news