The emergence of metaverse has shifted the entire cryptocurrency market trend in a new direction. The fact that Facebook was rebranded as Meta speaks a lot about Mark Zuckerberg’s vision for the metaverse’s future.
If you’re thinking about investing in cryptocurrencies this year, Metaverse coins might be worth checking into. This is because most of them will rise and provide you with the best profits.
We’ve compiled a list of metaverse coins you can invest in 2022 in this article.
Stepping into the Metaverse
The metaverse signals a change in how people engage with technology. To distinguish between the digital and physical worlds, it employs augmented reality, mixed reality, and virtual reality. It’s a hybrid of technology features such as virtual reality, augmented reality, and video in which users “live” in a digital realm. Enthusiasts of the metaverse see a future where users work, play, and remain in touch with friends through events ranging from concerts and conferences to virtual excursions worldwide.
A lot of Metaverse tokens are getting a lot of attention. However, they are not the same as the traditional cryptocurrencies that we are familiar with. Let’s look at the top 10 metaverse tokens you can buy in 2022.
Top Ten Metaverse Tokens to Invest in 2022
Decentraland is one of the most popular metaverse tokens and one of the most well-known coins available. It’s a 3D blockchain-based token with a $5.39 billion market cap.
Decentraland is a virtual reality platform that allows you to purchase parcels of LAND. You can expand the plot by constructing and monetizing whatever you want on it. Decentraland, founded in 2017, was one of the first projects to develop a decentralized virtual reality based on Ethereum. Only 90601 chunks of LAND are available, each measuring 16 square feet.
MANA, the ecosystem’s native token, has a supply of 2.2 billion units. There are 1.8 billion tokens in circulation right now. Gamers, creators, and businesses looking to capitalize on metaverse opportunities and get entertainment resort to this platform. Having a large target audience comes with great demand for the coin. This is what makes Decentraland an attractive buy.
Recently, Samsung opened a store within the blockchain virtual metaverse Decentraland. The Samsung 837X store is modeled from the physical location in New York City, and the virtual store will be open to Decentraland visitors for a limited time.
Axie Infinity (AXS)
Another Metaverse coin to consider is Axie Infinity Shards. It has a market capitalization of $4.19 billion and was the most traded NFT collection in 2021. Most crypto enthusiasts consider Axie Infinity the largest play-to-earn game, which is similar to the Pokémon game. The token can be used to sell, buy, trade, and breed “Axies” by players. When it comes to breeding their Axies, players must consider the race and rank of their characters to have the best chance of creating formidable progeny. Players may also sell their Axies and exchange their islands or any other items in the game on the NFT marketplace.
There are two game modes in Axie Infinity: Adventure Mode, in which players must battle and successfully complete each level, and Arena Mode, in which players must fight and successfully complete each level.
AXS is now one of the most popular gaming cryptocurrencies on the market. The cryptocurrency is currently trading at around $68.72 on CoinMarketCap.
AXS is the abbreviation for Axie Infinity Shard. It is an Ethereum Blockchain-based ERC-20 token with a total supply of 270,000,000 AXS coins. It is designed to be used on the Axie Infinity platform.
Holders of AXS tokens will have a voting right in the game’s development. They can also stake their tokens to receive regular rewards and pay for anything on the site with AXS currency, such as Axies on the Marketplace. As a result, the rapid rise in AXS tokens is contingent on the success of Axie Infinity’s platform.
The Sandbox is a virtual environment where gamers can use the SAND token to create, own, and monetize their gaming experiences on the Ethereum blockchain. Players can generate digital assets in Non-Fungible Tokens (NFTs), sell them on the market, and use Game Maker to integrate them into games.
The Sandbox gives creators actual ownership of their works in the form of non-fungible tokens (NFTs). It compensates them for participating in ecosystem activities and interactions, including transaction fees, staking, and buying and selling game objects, among other things.
Sandbox is a highly valuable metaverse coin with a lot of potential for this year. It is mostly built on the Ethereum Blockchain, and its native governance token is the SAND token. The Sandbox has two other tokens; LAND and ASSET.
LAND is the virtual real estate on the platform, while ASSETS are tokens developed by users or players. Players can also trade LAND, enjoy gaming experiences and earn rewards on this 3D Metaverse Ethereum-based Blockchain. SAND has a market cap of $4.077 billion and is trading at $4.4.
On the Ethereum network, Enjin Coin (ENJ) is an ERC-20 token. It’s intended to be used as in-game cash for purchasing game things. It also increases the worth of in-game assets.
It can also be used to buy and sell any in-game things as a medium of exchange. Enjin’s platform also includes a Marketplace feature. This feature allows game players and developers to trade their creations on a marketplace without having to pay an intermediary fee.
Enjin Coin (ENJ) can be used to manufacture in-game items or assets such as medicine that boosts HP points and weaponry through a process known as “minting.” ENJ can also improve the powers of the characters in the game.
It may also generate the names, shapes, and appearances of each character, as well as the number of them. Enjin has a total market cap of $1.835 billion and is trading at $2.154 per token.
GALA is another gaming platform that you can invest in. Eric Schiermeyer created the network in 2019, and GALA is its primary networking governance token. Players can trade on the platform and own assets in the virtual space.
The main goal of this network is to take the gaming industry to another level. It aims to create blockchain games that people will want to play. The GALA is also used as an in-game token to buy assets and NFTs. Its current price is $0.43 and has a market cap of $3.25 billion.
CEEK VR (CEEK)
The CEEK VR technology appears to represent the future of music streaming and distribution. It features a patented virtual reality headgear that may be found at major retailers such as Best Buy and Target. CEEK VR also includes performances by Lady Gaga, Demi Lovato, Ziggy Marley, and others.
The CEEK VR platform’s native ERC-20 token is CEEK. CEEK offers a variety of ways to earn tokens, including unique coins for artists and labels, digital products, social media sharing, and content curation for approval. CEEK VR will also include CEEK CITY, a virtual reality stage for live acts. CEEK is currently trading at $0.49 at the time of writing. It has a market capitalization of $367 million.
Despite being an infant in the metaverse space, the Bloktopia project has been listed in popular cryptocurrency exchanges like KuCoin and OKEx.
It has gotten funding from top investors in the gaming industry. It provides a mind-blowing visual experience in VR as the games use a state-of-the-art real-time 3D creation engine. It is one of the very few metaverse projects that is backed by the Polygon network.
BLOK real estate can be bought through the NFT mechanism, and it offers a massive annual yield of 60% when its utility token BLOK is staked. The games get exciting as you advance through the 21 levels. Level one, Spawning, and Auditorium are the key checkpoints.
Chromia makes it easy for people to build decentralized applications in the real world. It features unique architecture, plays well with Ethereum, and enables developers to code applications seven to ten times faster.
Some of the more popular games built on Chromia include My Neighbor Alice, a Play-to-earn blockchain-based game with a market cap of over $430 million! In addition, Chromia also features Mines of Dalarnia, which has a market cap of $336 million.
You should be excited about Chromia for 2022 because CHR will likely see a valuation of over $1 billion by next year. Chromia is a real competitor to Solana, which has a massive valuation of over $59 billion! With a market cap of under half a billion, CHR can see significant price increases next year, especially if they continue growing their ecosystem.
Currently, CHR is trading at $0.66, up over 18% in the past week. Its market cap is $375 million.
Alien Worlds (TLM)
Alien Worlds is the most popular game on the WAX blockchain, and it’s also one of the most underappreciated crypto games available. It’s a blockchain-based NFT game that allows players to mine Trillium.
Players can select a planet to mine and earn TLM by using their tools to mine it. To begin, everyone is given a free shovel, but it has limited mining power. Users can upgrade their mining equipment to increase their earning potential. Depending on whether you want to mine TLMs or NFTs, you can choose from various builds.
Users can purchase Land and charge other fees for mining on their Land, which is a game’s unique feature. The cheapest option at the time of writing was listed at 15,550.53 WAX, roughly $7,905.
Players can visit various worlds, each with its own Decentralized Autonomous Organization (DAOs). These DAOs get daily Trillium via smart contracts, and players who are members of that planet’s DAO can receive a piece of the TLM as well.
Alien Worlds, as the most popular game on the market, has a bright future in 2022. There’s no doubt that the team will continue to improve and update the game, bringing in more players. Alien Worlds, with its low market cap, is a tremendously underrated initiative.
TLM is currently trading at $0.1598 at the time of writing. It has a market cap of $146 million and a circulating supply of 914 million TLM.
Founded in 2017, WAX stands for The Worldwide Asset eXchange™. It’s dubbed the world’s most eco-friendly blockchain for NFTs, collectibles, and video games. WAXP is the native token on the WAX blockchain, and it’s used as the currency to buy video games, collectibles, and NFTs.
Along with dozens of dApp games that users can play, WAX allows you to buy, sell, and trade NFTs on their marketplace. It’s known as “The King of NFTs” as it has successfully facilitated millions of sales of NFTs from reputable partners, the likes of which include: Major League Baseball, Street Fighter, Atari, and much more.
WAX also hosts dozens of popular play-to-earn Metaverse games, some of which include Alien Worlds, Farming Tales, Prospectors, R-Planet, and more.
Compared to other blockchains, WAX’s main advantage is that users don’t have to pay gas fees. Instead, users stake their WAX for CPU / RAM power on the wax blockchain, allowing them to perform transactions.
WAXP is the native cryptocurrency on the WAX blockchain used as the main currency in their ecosystem. Its market cap is $741 million.
There is never a dull day in the crypto market, and who doesn’t love waking up to novelty every day? If the buzz around the metaverse hasn’t kept you on your toes yet, rest assured, it will keep you dancing once you invest in the booming industry. It was exciting creating this list.
Above are some Metaverse coins you can follow and purchase for future gains. Apart from these, there are other new Metaverse projects developed. It is also wise to understand them to know the best Metaverse crypto 2022 to invest in.
What do you think of the tokens mentioned above? Have you invested in any this year? Let us hear your thoughts