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The trading volume of AXS increased by 57% in the past 24 hours.
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The trading volume of GALA rose by 30%, while its market capitalization grew by 5% during the same period.
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ENJ recorded a 33% increase in trading volume and a 3% rise in value.
Axie Infinity (AXS), Gala (GALA), and Enjin Coin (ENJ) are among the top GameFi tokens you might consider buying on March 8, 2022.
Below we review each token individually to show how they have performed historically and discuss potential value growth.
Should you buy Axie Infinity (AXS)?
On March 8, 2022 Axie Infinity (AXS) was trading at $47.38.
Axie Infinity’s all-time high occurred on November 6, 2021, when AXS reached $164.90. That means at its ATH the token was $117.52, or 248%, higher than its March 8 price.
Looking at last month’s performance, AXS hit its highest point on February 7 at $71.22.
The lowest point was February 24, when the token fell to $42.63. This represents a decline of $28.59, or 40%, over that period.
Given these movements, AXS could reach $55 by the end of March 2022, making it a potentially solid token to consider.
Should you buy Gala (GALA)?
On March 8, 2022 Gala (GALA) was trading at $0.2249.
GALA’s all-time high was on November 26, 2021, when the token reached $0.824837. At that ATH the token was $0.599937, or 266%, higher than its March 8 price.
Examining GALA’s February performance, the lowest point was February 3 at $0.1819, while the highest was February 9 at $0.3838.
This represents an increase of $0.2019, or 111%, between those February dates.
With this in mind, GALA could reach $0.40 by the end of March 2022.
Should you buy Enjin Coin (ENJ)?
On March 8, 2022 Enjin Coin (ENJ) was trading at $1.361.
Enjin Coin’s all-time high was on November 25, 2021, when ENJ reached $4.82. At that peak the token was $3.459, or 254%, higher than its March 8 value.
Reviewing February, ENJ’s highest point was February 9 at $2.1779, while the lowest was February 24 at $1.1959.
This marks a decline of $0.982, or 45%, during that stretch.
Considering recent trends, ENJ could rise to $2 by the end of March 2022.