Indeed, by the end of 2021, Metaverse crypto coins had been among the highest performing cryptocurrencies. Some of them produced profits of up to 10,000% in a single year. With so many optimistic expectations around the Metaverse, there is every reason to believe that Metaverse coins will beat the market this year.
The buzz of the metaverse is so much that Facebook, one of the world’s largest tech corporations, is betting big on the metaverse, even changing its name to Meta. Last year, the corporation reportedly spent $10 billion on its metaverse project, which it has dubbed “the technology of the future.” In that trip, cryptocurrencies and blockchain will be crucial.
What are Metaverse Coins?
The metaverse indicates a revolution in how people engage with technology. It distinguishes between the digital and physical worlds by utilising augmented reality, mixed reality, and virtual reality. Metaverse coins and tokens, on the other hand, are virtual currencies that may use to conduct transactions in Metaverse. Many Metaverse tokens are gaining popularity. However, they are not unique to the cryptocurrencies we are familiar with.
Top 10 Metaverse Crypto Coins That Will Explode In 2022
1. Decentraland (MANA):
Decentraland has emerged as one of the market’s most widely used Metaverse coins. Decentraland made waves in late 2021 when a $2.4 million piece of virtual real estate was auctioned on the Metaverse.
The most current Decentraland news concerns Samsung, which has built a virtual store on this Metaverse. With such high-profile adoptions, decentraland has a good chance of doing well in 2022. Because the Metaverse is mostly built on the Ethereum Blockchain, make sure you have Ethereum in your crypto wallet to take advantage of all MANA has to offer.
2. SandBox (SAND):
The Sandbox is a highly regarded Metaverse currency with unquestionable promise for this year. It is primarily built on the Ethereum Blockchain, and the SAND token is its native governance token, which is used to conduct all network transactions. The Sandbox also contains two other tokens: LAND and ASSET.
LAND is the platform’s virtual real estate, whereas ASSETS are tokens created by users or gamers. On this 3D Metaverse Ethereum-based Blockchain, players may exchange LAND, enjoy game experiences, and receive prizes. The coin has a market capitalisation of $6.1 billion and is currently trading at $6.65.
3. Axie Infinity (AXS):
Axie Infinity, like the other two cryptocurrencies mentioned above, was a top Metaverse cryptocurrency performance in 2021. There are several reasons to assume that AXS will continue outperforming the overall cryptocurrency market by a significant margin when looking ahead to the year 2022.
FOMO around Metaverse coins is one of the primary reasons anticipated to push Axie Infinity’s stock price in 2022. Because it is one of the most well-known Metaverse cryptocurrencies, it is expected to increase investments as interest in Metaverse cryptos.
Best of all, Axie Infinity boasts a competent and well-funded developer staff. Axie Infinity’s parent business raised more than $150 million in venture capital funding in 2021.
4. Terra Virtua Kolect (TVK):
Because of its modest market cap, Terra Virtua Kolect joins the list of 10 finest Metaverse cryptocurrencies that may skyrocket in 2022. TVK is still in its infancy, with a market capitalisation of just more than $116 million. It implies that it has a lot of capacity to expand as investments in the Metaverse increase.
However, it is not simply the low market capitalisation of TVK that makes it a viable Metaverse investment in 2022. There’s also the fact that it has several digital collectables. From Godzilla vs Kong to Top Gun, it has it all. It has made it a popular choice among gamers, which may help push up the value of TVK as the year develops.
5. Star Atlas DAO (POLIS):
Atlas is the ideal Metaverse for play-to-earn gamers and futurists who enjoy imagining the world hundreds of years in the future. The concept is simple: participants solve issues in a 600-year-future version of Earth and get rewards. Like other Metaverse initiatives on the market today, POLIS is appealing to gamers due to the ability to earn incentives that can be sold as NFTs.
POLIS is an excellent investment since it is the token utilised for transactions within the Star Atlas DAO. As more players join the Star Atlas DAO ecosystem, the value of POLIS will rise.
6. Etherland (ELAND):
Etherland is one of the Metaverse initiatives with the greatest potential for future adoption. It is due to its goal of connecting the virtual and real worlds by transforming real-world goods into NFTs.
ELAND tokens are a form of trade that ensures the uniqueness, dependability, and authenticity of NFT content that represents real-world data. It also provides that you have what is rightfully yours.
It is significant because it might pave the way for a whole new world where you could convert anything from vehicles to real estate into digitally traded NFTs. This potential, along with the fact that ELAND is currently a small-size cryptocurrency with a market valuation of $1 million. It makes it one of the top Metaverse cryptocurrencies that might skyrocket in 2022.
7. MetaHero (HERO):
MetaHero is one of the Metaverse initiatives that has grown rapidly since its inception. The rapid growth can be attributed to its usage of a technology that generates ultra-realistic avatars in the Metaverse.
It has given assurance for adoption not only in gaming but also in various other sectors. Aside from its technological qualities, MetaHero has a modest market capitalisation. This leaves a lot of flexibility for expansion in the future as adoption rises.
8. RFOX (RFOX):
The Metaverse is the same as every other part of the bitcoin industry. While investing in large-cap cryptocurrencies can be profitable. The most return potential is generally found in lower-cap cryptocurrencies. It is where RFOX comes in. RFOX has a market capitalisation of little more than $120 million. Which offers plenty of space to expand as interest in the Metaverse develops.
Aside from its low market capitalisation, there are other basic reasons why RFOX is a good investment. At the same time, most Metaverse cryptocurrencies are focused on the gaming business. RFOX takes a more comprehensive approach to the Metaverse to create a copy of the actual world, including Metaverse commerce.
It broadens the adoption reach of RFOX and might play a significant role in its long-term growth. As a result, RFOX is one of the ten finest Metaverse cryptocurrencies that might burst in 2022.
9. Defina Finance (FINA):
Even though the cryptocurrency market has been in a slump for the first two weeks of January 2022, FINA has withstood the trend. It has been on an upward trajectory throughout this time, and its momentum is increasing.
Defina is a relatively new platform that provides gamers with an all-in-one platform for collecting, playing, and trading NFTs. Everything that participants develop in the Defina Finance ecosystem is completely theirs. As a result, the platform is very appealing to play-to-earn gamers who also wish to build a portfolio of NFTs for long-term wealth growth.
The most important reason that Defina is a must-hold this year is its token buyback scheme. Defina declared a large BNB budget in December 2021, which would use to purchase back tokens from the secondary market and reward staking—with 40% of the sales, establishing a more elastic swap pool.
10. DotMoovs (MOOV):
DotMoovs has been an intriguing Metaverse platform since entering the multibillion-dollar soccer industry. It enables friends to wager on games and even play virtual soccer like they would on traditional virtual soccer platforms such as FIFA.
The main difference is that the prizes are in MOOV tokens, which can convert into Fiat or other cryptocurrencies. Essentially, it allows gamers to have fun while earning money through fantasy football.
MOOV may also be staked, which generates a passive revenue stream around MOOV. MOOV is one of the ten finest Metaverse cryptocurrencies that may burst in 2022, thanks to a massive market (soccer) and the buzz around the Metaverse as a whole.
Conclusion
Metaverse initiatives are sprouting up left and right, but some have stood out from the crowd. The metaverse concept is heavily entrenched in blockchain and cryptocurrency, which is why investing in some of these ventures may be a good option. Furthermore, the hype surrounding NFT appears to be growing.
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