Enjin Coin (ENJ/USD), Gala (GALA/USD), and WAX (WAXP/USD) are all GameFi tokens that are a part of the crypto space.
On July 21, 2022, Enjin announced one of their largest partnerships with Square Enix as a means of making branded tokenized collectibles available through Efinity.
Coins.ph, one of the most well-established cryptocurrency exchanges in the Philippines, announced that they would host an Ask Me Anything (AMA) session with Gala Games.
WAX also posted a video on how users could get a cut of all of the secondary market non-fungible token (NFT) sales on WAX with WAXDeFi, going over the improved system that provides yields to participants based on real economic activity across the entire ecosystem.
All of these updates and developments can push these projects further in terms of growth and overall appeal.
Should you buy Enjin Coin (ENJ)?On July 26, 2022, Enjin Coin (ENJ) had a value of $0.5382.
The all-time high of Enjin Coin (ENJ) was on November 25, 2021, when it reached $4.82.
When we take a look at the performance throughout June, Enjin Coin (ENJ) had its highest point of value on June 1 at $0.6983. Its lowest point was on June 18 at $0.3831.
Here we can see a decrease in value by $0.3152 or by 45%. However, from June 18 to July 26, ENJ has increased in value by $0.1551 or by 40%.
With this in mind, we can expect ENJ to reach $0.8 by the end of August 2022.
Should you buy Gala (GALA)?On July 26, 2022, Gala (GALA) had a value of $0.0473.
Going over its all-time high, Gala (GALA) reached its ATH on November 26, 2021, at a value of $0.824837.
Going over the token’s performance in June, Gala (GALA) had its highest point on June 7 at $0.08805. Its lowest point was on June 18 at $0.0505.
Here we can see a decrease in its value by $0.03755 or by 42%. However, at $0.0473, GALA is at a solid entry point for new investors as it can grow to $0.07 by the end of August 2022.
Should you buy WAX (WAXP)?On July 26, 2022, WAX (WAXP) had a value of $0.096874.
Looking at the all-time high of the cryptocurrency, WAX (WAXP) reached its all-time high point of value on January 9, 2018, at $2.77.
Looking at how the token performed throughout the previous month, WAX (WAXP) had its highest point of value on June 2 at $0.1432. Its lowest point was on June 18 at $0.07595.
This marked a decrease in value of $0.06725 or 47%.
However, from June 18 to July 26, WAXP has increased in value by $0.020924 or by 27%.
With this in mind, we can expect WAX to reach $0.2 by the end of August 2022.
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