Metaverse is fertile land for many investors. However, it is not easy to choose a Metaverse cryptocurrency. The following article looks at the top 5 Metaverse coins to watch in 2022, sorted by market capitalization, from highest to lowest, aggregated by nulltx.
One of my personal favorites and a pioneer in 3D metaverse projects is Decentraland, a blockchain-based virtual platform that enables a variety of experiences and opportunities for users to buy land and make money from it.
Decentraland has been open to the public since February 2020 and is the longest running 3D metaverse project in crypto.
While Decentraland is already one of the most valuable projects out there, MANA could easily double or triple the price over the course of the next year as more and more platforms build on Decentraland.
MANA is trading at $ 2.85 with a 24-hour trading volume of $ 715 million. Its market capitalization is $ 5.3 billion with a volume of 1.82 billion tokens in circulation.
You can buy MANA on most of the major exchanges including Binance, Coinbase, KuCoin, Kraken, FTX, Uniswap, etc.
Axie Infinity was launched in March 2018 and is one of the most popular blockchain-based games. In fact, it’s so popular that the team behind the game created an entire blockchain specifically for the game, Ronin.
Axies are monsters with certain characteristics and can be upgraded or traded. Players can use their Axies to battle other players in an arena and earn rewards.
AXS is trading at $ 77.49 with a 24-hour volume of $ 520 million. Its market capitalization is $ 4.7 billion with 60 million tokens in circulation.
You can buy AXS on most of the major exchanges including Binance, Coinbase, FTX, KuCoin, Bitfinex, Gemini, Kraken, etc.
Sandbox is the leading cryptocurrency metaverse coin in the current market. It has the highest quality 3D metaverse made with Unity. While it may have a relatively low volume to market cap ratio, keep in mind that SAND’s valuation runs into the billions.
Because The Sandbox has a downloadable client, it is qualitatively superior to other Metaverse projects.
Sandbox allows users to purchase and monetize land, which offers a gaming experience that includes quests, games, and challenges to earn rewards.
The sandbox also contains the SAND token, the native currency on the platform. SAND is trading at $ 4.89 with a 24-hour trading volume of $ 1.3 billion.
The market cap is $ 4.4 billion and you can buy SAND on Binance, KuCoin, Huobi Global, Bithumb, Gate.io, FTX, Uniswap, Gemini, Kraken, etc.
THETA describes itself as “the next generation of blockchain video and entertainment powered by users”. It includes the NFT marketplace and is completely open source on Github.
THETA has impressive partners for its Enterprise Validator Nodes, including Google, Sony, Samsung, Binance, Blockchain, etc.
According to the official THETA website:
“Theta Blockchain is the only end-to-end infrastructure for decentralized video transmission and distribution that offers technical and economic solutions”
THETA is trading at $ 4.26 with a 24-hour volume of $ 407 million. The market capitalization is 4.2 billion US dollars with a volume of 1 billion tokens in circulation.
You can buy THETA on Binance, Huobi Global, KuCoin, Gate.io, Crypto.com, Bithumb, etc.
Founded in 2009, Enjin has established itself as a leader in the NFT space with a popular market share. ENJ is the ERC20 token that powers the Enjin platform. The goals of the Enjin platform are:
“Make it easier for individuals, companies and brands to use a non-fungible token (NFT).”
Efinity is Enjin’s latest project, a next generation blockchain for digital assets based on Polkadot. Efinity aims to be the hub for all fungible and non-fungible tokens that solve the challenge of facilitating NFT pricing and exchanges.
ENJ is trading at $ 2.50. Its market cap is $ 2.1 billion with a 24-hour trading volume of $ 365 million, making it the fifth most traded Metaverse coin today.
You can buy ENJ at Binance, Coinbase Exchange, Huobi Global, KuCoin, FTX, Crypto.com, etc.
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Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice. Your money, the choice is yours.
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