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After causing an immense surge in the value of Dogecoin (DOGE) back in 2021, Elon Musk has now turned the odds in favour of ApeCoin (APE) by recently changing his Twitter profile picture to an ApeCoin (APE) NFT.
The price of the GameFi token soared immediately as a result of this, leading investors to wonder whether GameFi tokens are worth a shot in 2022. Other GameFi tokens like Decentraland (MANA) are now also moving up in the rankings of CoinMarketCap. Accordingly, emerging GameFi coins like Pacman Frog (PAC) are introducing some interesting new developments by launching their NFT marketplaces to empower artists, but are these GameFi tokens likely to gain more ground in 2022?
ApeCoin (APE) - A Timeless Coin, Or A Trend?
ApeCoin (APE) is a GameFi token that emerged earlier this year and has become very popular. It uses the Ethereum (ETH) blockchain like most other DeFi tokens...
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