The term “Metaverse” has created quite a stir in the digital world. Lately, crypto enthusiasts have shown great interest in the Metaverse owing to its growing popularity. There are many ways to invest in the Metaverse, and buying Metaverse cryptos is one of them.
There are many of metaverse coins available in the market. Given below is the list of the top 5 Metaverse cryptos as of today.
Top Metaverse Coins as of Today
1. ApeCoin (APE)
ApeCoin is the ERC-20 governance and utility token within the APE ecosystem. Its affiliation with Yuga labs’ Bored Ape Yacht Club is one of the reasons for its rising popularity. Today, it is the top-performing Metaverse crypto in terms of market cap on CoinMarketCap.
Its price movement showed a sharp move from Apr 17th 2022, to Apr 28th 2022. The highest price of the coin on these dates was $12.08 and $26.91, respectively. In a span of 12 days, the price increased by more than 100%.
The coin has shown tremendous growth in its price since its launch in 2022 and is on the close radar of crypto investors.
The coin is governed by the ApeCoin DAO. Besides its attractive price movement, it is popular for its utilities. It provides its holders with governance power. They have the right to vote on proposed protocol changes. The coin’s commercial usage and incentivization in stores, games and services running on the Apecoin platform are yet another selling point.
The coin is currently trading at a price of around $7.37, which can be a good time to invest.
Your capital is at risk.
2. Decentraland (MANA)
MANA is the native crypto of the Decentaland Metaverse Platform. It was launched in 2020. The coin has witnessed high demand in the market because of its utilization in the Decentraland metaverse platform.
Decentraland is a 3D augmented virtual reality (VR) platform providing its users with a myriad of Virtual Reality Experiences like gameplay, events, collaborations, and more. Everything on the platform is priced in MANA.
It is currently the second-largest Metaverse crypto on CoinMarketCap as per Market Cap. It is available on some of the top crypto trading platforms.
The price of MANA is projected to witness huge growth in the coming years due to the growing importance of Decentraland’s platform. It also makes use of NFTs to represent virtual land. Users can buy cheap land NFTs, improve them, and sell them for profits.
A wholesome user experience in Decentraland can be enjoyed only if the users have enough holdings of MANA. This is why the demand for this crypto is growing with time.
The current price of the token is $1.02.
Your capital is at risk.
3. The Sandbox (SAND)
SAND is the utility token of Sandbox, which is a blockchain-based metaverse and is quite popular in today’s time. Users can own assets, build and own their properties and play games in the Sandbox Metaverse. It also leverages NFTs to provide a rich virtual world experience to its users.
SAND is an ERC20 token. Every transaction on the Sandbox is powered by SAND. Being one of the leading Metaverses, the SAND’s demand has risen significantly in recent times. It is currently ranked at 3rd position amongst metaverse cryptos in terms of Market Cap.
Crypto experts have predicted the future price of the token, which is quite promising in terms of return on investment. By the end of 2022, the price is predicted to go beyond $10. The coin is currently trading at a price of $1.34.
Your capital is at risk.
4. Axie Infinity (AXS)
AXS is an Ethereum token that powers the Axie Infinity. Axie Infinity is a play-to-earn gaming network. In the game, players can purchase creatures named “Axies” and pit them against each other in the game. The in-game tokens – Smooth Love Potion (SLP) and Axie Infinity Shard (AXS) can be used to buy land or farm and to breed Axies.
As reported by the Business Insider, “Axie Infinity saw $3.5 billion NFT transactions in 2021”. This alone accounts for more than two-thirds of the volume within the blockchain gaming space. It is currently the No.1 metaverse game in terms of daily active players, which is around 2.8 million.
It is available as a tradable asset on some popular trading platforms and is currently priced at $20.63. In terms of market cap, it is at 4th position.
The coin reached the highest price mark in Nov 2021 ($165.37). The 2022 prediction forecast its price to cross $60 by the end of the year as its team has in store major roadmaps for more improvements and additions in the game.
Your capital is at risk.
5. Highstreet (HIGH)
HIGH is the native token of the Highstreet Metaverse. This platform offers various virtual experiences to its users. It is popular among the masses for its virtual shopping platform, wherein users can shop using HIGH as a currency. Some Shopify stores have already been integrated into the platform, raising user demand.
It is the perfect platform to welcome the biggest brands to enter the Metaverse and set up their shops or clubs.
It also supports online gaming and trading of NFTs. At last, it serves as a social platform allowing users to interact and socialize with each other through events and parties.
Highstreet has two in-game currencies, HIGH and STREET. The HIGH token is used for governance, having in-game access to different events, earning game levels, and shopping in the Highstreet marketplace.
The current price of the crypto is $2.12. The price prediction forecasts the price to reach around $20 by the end of the year. The platform is expected to witness major developments in the future wherein some of the biggest brands are expected to start their metaverse journey through this platform.
Your capital is at risk.
These are the top metaverse cryptos, which have huge potential for promising growth in the near future. You can buy the coins from platforms such as FCA-regulated eToro, Huobi, and others.
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