Top 5 Most Traded Metaverse Cryptocurrencies Today

The super-diverse cryptocurrencies will be popular with traders in 2022 and have a combined trading volume of over $ 5.1 billion in the last 24 hours. This article deals with the 5 most traded Metaverse cryptocurrencies currently, aggregated by nulltx, sorted by trading volume, from highest to lowest.

Most traded Metaverse cryptocurrency today: WEMIX (WEMIX) – $ 1.16 billion

Today the most traded metaverse cryptocurrency is WEMIX, a custom blockchain project from the Korean gaming platform WEMADE. The WEMIX network offers various blockchain games for money with one of the most powerful platforms on the market.

The WEMIX blockchain solves the problem of low transaction throughput and high fees, making it perfect for blockchain-based games. WEMIX uses a mixture of private and public blockchain functions and connects them to intermediate chains in a hybrid structure.

WEMIX currently offers a variety of services as well as a selection of blockchain-based games. The WEMIX wallet enables users to store their tokens on mobile and desktop devices. Scoped, WEMIX’s custom block explorer. Last but not least, the project recently added WEMIX Auctions, an NFT marketplace that allows users to be present on various items using WEMIX tokens.

WEMIX has some of the best game selections on its platform and its utility for the token continues to grow. Given the hype surrounding this project and the speed at which the team is continuing to expand their ecosystem, WEMIX is a great project to watch in 2022.

You can buy WEMIX on Bithumb, Gate.io, Coinone, Upbit, etc.

Most traded Metaverse cryptocurrency today: Sandbox (SAND) – $ 1.13 billion

The sandbox is one of the most anticipated projects of this year. After a successful alpha phase in December 2021, The Sandbox has received a lot of attention from consumers. Additionally, there have been reports from retail investors betting on The Sandbox’s future, making it a great long-term stock for 2022 and beyond.

What makes The Sandbox unique is that it offers much higher quality graphics than any of its competitors. Also, since users need to download a desktop app to play The Sandbox, the experience and immersion is much better than a simple browser experience.

In the recent news we saw Snoop Dogg announce the development of the Snoopverse in The Sandbox. Shortly thereafter, a collector named P-Ape bought a piece of land in The Snoopverse for more than $ 450,000.

In other news, The Sandbox is preparing for another land sale on January 13th. So if you missed your chance to buy land, tomorrow is the right time to do it.

A total of 61 LAND, 95 PRIUM LAND and 7 REAL ESTATE are offered for sale.

Sandbox is currently valued at $ 4.7 billion, making it the third largest Metaverse cryptocurrency in the market. The SAND ecosystem is still in its infancy and while the valuation may seem high these days, the user base can quickly take SAND to a new all-time high once their metaverse goes public.

You can buy SAND on Binance, KuCoin, Uniswap, FTX, Gemini, etc.

Most traded Metaverse cryptocurrency today: Decentraland (MANA) – $ 323 million

Decentraland is the pioneer of 3D metaverse experiences with the most popular blockchain-based platform on the market. Decentraland is open to anyone to explore using a browser and wallet like MetaMask.

Decentraland is based on the Ethereum blockchain and has the MANA token, which is used as the native currency on the platform. Users can buy land in Decentraland and monetize them for passive income. Be aware, however, that LAND prices are currently very high, going up to $ 10,000.

One of the most popular activities in Decentraland today is playing poker in their virtual casino. Decentral Games has built a casino in Decentralands Metaverse that allows users to make real money at a number of free-to-play tables.

Decentraland has some of the fastest growing ecosystems out there, and while its graphics are a little dated, it is still king when it comes to utility and user base.

As Decentraland continues to expand its ecosystem, there is no shortage of competitions and giveaways for new users. Parcel today announced a giveaway for its Palace structure that users in Decentraland can use. To get involved, check out the following tweet:

As the leader in Metaverse cryptocurrencies, Decentraland is my personal favorite as it has the most uses. While the graphics may be out of date, it won’t be difficult for Decentraland to release a future graphics update or create graphics packs for users that are graphics upgrades similar to GTA and Minecraft fans.

Decentralnad is still in its infancy and despite its multi-billion dollar market cap, MANA could easily grow 2 to 3 times by 2022.

One can buy MANA on Binance, Coinbase, KuCoin, FTX, etc.

Most traded Metaverse cryptocurrency today: Axie Infinity (AXS) – $ 323 million

Axie Infinity is one of the most popular metaverse cryptocurrencies out there. It offers a game universe full of Axies, Pokemon-inspired creatures that users can collect and level up. The aim of the game is to breed, collect and build kingdoms for their Axis powers and to increase their wealth.

There are different game modes where many players compete against each other and use a variety of strategies and tactics to reach the leaderboard. In addition, players can complete quests, defeat bosses and unlock detailed storylines.

Axie Infinity was originally built on top of the Ethereum blockchain, but the team is developing a unique blockchain called Ronin, specifically designed to accommodate the game’s high user base and transaction volume.

In recent news, Axie Infinity announced plans to cut the offer on one of its SLP tokens that has one of the highest holders for the Metaverse cryptocurrency.

Hence, traders shouldn’t be surprised to see upward momentum for the SLP token in the coming months.

There have been reports of users making a living wage simply by playing Axie Infinity, and the project has some of the highest community support in the crypto space. Even at an extremely high valuation of $ 4.7 billion, AXS could easily see further appreciation if the mainstream crowd joins their metaverse.

With the Axie Infinity team actively working to reduce the supply of SLP, you should also keep an eye on the price of Smooth Love Potion in the coming months.

You can buy AXS on Binance, KuCoin, Gemini, Coinbase, etc.

You can buy SLP on Binance, KuCoin, FTX, Gemini, Crypto.com, etc.

Most traded Metaverse cryptocurrency today: Enjin Coin (ENJ) – $ 243 million

Enjin is a blockchain that allows users to create custom NFTs and is establishing itself as one of the leading blockchains for Metaverse projects. Enjin has a popular mobile app with over 1.7 million installs.

The Enjin ecosystem has features for individuals, businesses, and developers. Enjin makes it easy for individuals to explore the metaverse with products carefully designed to help manage NFTs and cryptocurrencies. Enjin’s end-to-end solution enables companies to leverage NFT to build their brand for business.

Last but not least, Enjin offers developers a versatile SDK and a powerful API for developing NFT-based projects; No blockchain coding experience required.

Enjin’s latest venture into the Metaverse includes its Efinity blockchain, built from the ground up to provide an ecosystem that allows consumers and developers to trade NFT items.

Great apps are developed at Enjin including Age of Rust which is a first person adventure game that allows users to collect NFTs in-game to solve puzzles.

Enjin is worth watching in 2022 as its platform and ecosystem continue to grow. Furthermore, the integration of Enijn into the Polkadot network only strengthens the ongoing mood of both projects.

You can buy ENJ on Binance, Coinbase, KuCoin, Kraken, 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.