Gaming & Metaverse Coins

The idea underpinning this category is ownership: in-game items a player genuinely holds and can sell outside the game, rather than a record on the developer server. That is a real shift in the balance of power between player and developer.

The difficulty that emerged in practice is that the games themselves have to be good. Many projects built an elaborate economy around a game few wanted to play, and when the players main motivation was profit rather than enjoyment, the economy contracted as soon as returns fell.

The category enjoyed a strong wave of attention followed by a deep decline, and many of its coins trade far below their highs. That does not make them cheap by itself — it does mean the price today reflects far lower expectations than it did at the peak.

Gaming & Metaverse Coins — the list

The 7 coins listed here moved 1.60% on average today. GALA led at 6.07% and Axie Infinity lagged at -1.37%. Combined market capitalisation for the group is about $947.2M.

What the data shows about this group

The group is concentrated: Axie Infinity alone accounts for 21.55% of the combined market capitalisation of the 7 coins listed. That means an index of the whole category would move mostly on one coin, and that spreading across several names here diversifies less than it appears.

Measured against their all-time highs, the 7 coins here sit an average of 98.52% below. Closest to its high is Beam at 95.13%, furthest is GALA at 99.72%. A coin down 99.72% needs a 36,063.26% gain merely to return to that high — arithmetic worth doing before assuming a deep decline is automatically an opportunity.

On supply the group is mixed: 5 of the 7 coins listed have a hard cap and the rest do not. That is an economic rather than a technical distinction — an uncapped coin can expand its supply over time, so rising demand does not translate into price with the same force.

Other crypto themes

This is not financial advice.

← All crypto

Last updated: 2026-09-27