Are GameFi Tokens Like ApeCoin (APE), Decentraland (MANA), and Pacman Frog (PAC) Likely to Gain More Ground in 2022?

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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) 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 available in the crypto market.

Most recently, cryptocurrency analysts have had certain reservations about the sudden spike in the price of APE, owing to Elon Musk’s profile picture change, though there are concerns that it may lose value just as quickly as it has gained it, much like other meme coins.

For example, in 2021, Dogecoin (DOGE) was famous for gaining popularity on the back of an Elon Musk tweet calling it his ‘favourite coin.’ Unfortunately, the surge in the price of DOGE was met by a continuing downfall soon afterwards.

Consequently, APEusers have recommended ways like lockingAPEcoins to maintain the public interest in Bored Ape NFTs. Users earn APE for every NFT purchase made through the ApeCoin (APE) NFT Marketplace. While ApeCoin (APE) creators initially wanted it to be a token