Top 5 Metaverse Coins Under $1 (February 2022)
The crypto market struggles as Bitcoin and Ethereum register slight bearish momentum. The recent price drop creates a great opportunity to accumulate undervalued Metaverse cryptocurrencies that are currently discounted.
The article below looks at the top 5 Metaverse coins under $1 to watch in February 2022, aggregated by zerotx and sorted by current price, lowest to highest.
Unit Price: $0.02793
24-hour trading volume: $112 million
Market Cap: $124 million
Founded in April 2019, Verasity bills itself as the future of Esports, Digital Entertainment and AdTech. The project aims to target the $160 billion AdTech market with its proprietary Proof-of-View (PoV) protocol.
Its PoV protocol can distinguish between bot traffic and natural human traffic, eliminating fraudulent activity. This means more engagement for publishers and more revenue for advertisers.
Verasity’s blockchain-based patented solution to end video ad fraud strengthens the ecosystem of content creators. Additionally, Verasity has an all-in-one wallet for esports, NFTs, and digital currencies, making it easy for users to sign up and earn VRA tokens for consuming content.
VRA is a native utility token on the platform that users can earn by viewing content. Users can access Verasity’s content platform, Verasity TV, and start earning tokens immediately. By subscribing to their cloud wallet, users can instantly deposit VRA tokens into their wallet, which they can transfer to a third-party wallet or exchange.
In recent news, VRA has been listed on another major exchange, Poloniex.
VRA is one of the most underrated projects out there and if like me you are fed up with advertising and traffic scams, we highly recommend you to follow VRA in February 2022.
You can buy VRA on Uniswap, Poloniex, KuCoin, Bittrex, etc.
Unit Price: $0.1254
24-hour trading volume: $111 million
Market Cap: $114 million
Launching in April 2021, Alien Worlds is the most popular Metaverse crypto game out there, having over 1 million users in the past month. In my opinion, it is the best NFT based game that allows users to earn the most significant rewards with the least investment.
If you want to get into the Metaverse game, you need to check out Alien Worlds. The game revolves around users mining Trilium (TLM) and there are two main ways to do it.
The first option is to buy NFT miners through Atomic Hub on WAX’s NFT marketplace. There are a variety of options, from inexpensive tools costing around $1 to more expensive tools costing $100 or more. Depending on which tool you get, you can earn more TLM rewards.
However, in my opinion, a better way to earn TLM is by deploying your Binance Smart Chain Trilium for a period of 2-12 weeks and earning a sizeable reward along with NFT at the end of each mission. On average, users can earn between 5-20% on their TLM and up to 5 rare NFTs per mission.
It should be noted that the NFTs you receive from quests are not yet commercially available and cannot be used just yet. However, now is the time if you want to accumulate NFTs early. Once the Mission NFTs are sold, you can bet they’re worth a decent amount.
Alien World is currently our top pick for best metaverse crypto game, and TLM is a must-read in February 2022.
You can buy TLM on PancakeSwap, Binance, KuCoin, etc.
Unit Price: $0.5094
24-hour trading volume: $63 million
Market capitalization: 288 million USD
Launched in May 2019, Chromia is a relatively new blockchain developed for the crypto game Metaverse. It is a relational blockchain designed for developers to deliver dApps seven to ten times faster.
Chromia’s product class features a powerful SDK that helps developers create dApps more intuitively than in traditional languages like Solidity.
Chromia has two main games that are among the most anticipated on the market: My Neighbor Alice and Mines of Dalarnia.
Chromia can be seen as a competitor to the WAX blockchain on which Alien Worlds is built. Its ecosystem is still in its infancy, unlike WAX, which has a strong collection of games and dApps.
CHR is the native token for the platform used as the native currency for Chromia. Some use cases include collecting fees, using as a reserve for allocating dApp tokens, and paying for storage space with different dApps.
Chromia is an underrated platform to keep an eye on in February 2022. Additionally, the fact that two popular games are being developed using Chromia signals the high utility and huge long-term potential of the blockchain.
You can buy CHR on Binance, Bithumb, KuCoin, FTX, etc.
Unit price: $0.5468
24-hour trading volume: $56 million
Market Cap: $479 million
Launched in March 2018, Ontology (ONT) is a fast, low-cost blockchain created with the Web3 and Metaverse projects. You can think of Ontology as a Layer 2 scaling solution similar to Polygon that allows users to build blockchain-based dApps compatible with the Ethereum Virtual Machine (EVM).
Ontology’s mission is to create a consistent identity system, similar to the Ethereum Name Service, connecting multiple superswitches. Ontology’s solution eliminates the need to create separate accounts for each world and unifies the growing Metaverses ecosystem.
The platform’s decentralized identity framework will use the ONT-ID mechanism, a decentralized DNS protocol similar to the Ethereum Name Service.
As one of the longer-running projects in the crypto space, Ontology has managed to stay relevant for over four years, which speaks to the project’s huge long-term potential. Ontology is the must-watch pick in 2022 as the Metaverse ecosystem continues to grow.
You can buy ONT on Binance, KuCoin, Huobi Global, Bittrex, etc.
Unit Price: $0.9402
24-hour trading volume: $60 million
Market Cap: $115 million
Mines of Dalarnia, due out in November 2021, is a 2D action-adventure metaverse game built on the Chromia blockchain.
Mines of Dalarnia gameplay revolves around users mining resources and combining in-game assets to upgrade their characters and rewards.
As a blockchain-based game, all assets in Mines of Dalarnia Metaverse are encrypted, mostly in the form of NFTs. This means users have full control over in-game purchases, which is one of the benefits of a blockchain-based project.
The Dalarnia mining ecosystem has a thriving economy, allowing users to buy land and become landowners. The main benefit of owning a property is generating passive income. When users mine resources on your land, they receive part of the rewards, which allows you to generate passive income.
DAR is the native token of the MOD universe, used as the main utility asset on the platform. Some of the use cases for MODs include buying land, resources, NFTs, and various in-game operations.
You can buy DAR on Binance, PancakeSwap, Crypto.com, etc
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Important NOTE: All content on the website is for informational purposes only and in no way constitutes investment advice. Your money, the choice is yours.
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