There are dozens of encryption– Modified currencies in the market. It can be tough for someone new to the field to navigate the market and learn the best Metaverse cryptocurrencies to buy in 2022. Today we take a look at our pick of the seven best Metaverse cryptocurrencies to buy in 2022 that could see significant price growth in the next bullish cycle for cryptocurrency.
Note: The list below is arranged by the current market capitalization of each Metaverse cryptocurrency, from lowest to highest.
Also discover the 7 best cryptocurrencies across all sectors to buy now and hold for the long term!
#7 Dalarnia Mines – $224 million
Launched in November 2021, Mines of Dalarnia (DAR) is a 2D game based on the NFT blockchain that involves mining users’ assets and using native DAR tokens to upgrade their equipment and characters. Read also: Cryptocurrency Prices: Bitcoin (BTC) Drops to $42,000, Here’s What You Need to Understand. Mines of Dalarnia also allows players to purchase virtual real estate on the platform by purchasing Expeditions.
When players go on a mining expedition, land owners receive a portion of the rewards collected by the player, which creates a passive income stream and motivates users to purchase land in the Dalarnia mines.
The blockchain game is 100% free, and if you haven’t done so yet, we recommend that you check it out. It is one of the best games based on Chromia, a relatively new relational block chain created explicitly for crypto games in the Metaverse. Mines of Dalarnia is very well done, the gameplay is fun and intuitive, and the project is worth watching in May 2022.
The main utility origin of the platform is the DAR, which is found in the BEP-20 and ERC-20 versions. DAR benefit includes payment for in-game purchases, purchases of virtual real estate, equipment upgrade, and more.
You can buy DAR on Crypto.com, Gate.io, Binance, PancakeSwap, etc.
6. Radio Kaka (RACA) – $319 million
Launched in August 2021, Radio Caca (RACA) is one of the major ecosystems in the Metaverse, consisting of the USM Metaverse (United States of Mars), the NFT Marketplace, DAO and its main game, Metamon, based on the NFT. On the same topic: Will Cardano (ADA) and EverGrow Coin emerge as digital currencies that offer the best return on investment?.
Caca Radio has a powerful 3D Metaverse online, similar to Decentraland and The Sandbox, allowing users to explore its vast experiences, connect with others in a social setting, and earn rewards. If you want to check USM Radio Caca, you can log in through a web3 wallet like MetaMask.
Caca Radio is underestimated due to its incredible partnerships. In recent news, the team teamed up with French Montana and announced that they would commit $25 million to building a 2D Metaverse under the title of Montana’s upcoming album, Montega.
In addition, Metamon, the main game based on Radio Caca’s NFT, is a great way for users to generate revenue. The game has recently received several updates that make it more attractive to players.
With its strong ecosystem, development and cooperation Continuing, Caca Radio is a top-tier Metaverse cryptocurrency worth seeing in May 2022.
The main utility origin of the platform is RACA, including the ERC-20 and BEP-20 versions that live on the Ethereum and BNB chains. RACA’s main uses include interacting with its Metaverse, receiving rewards, purchasing NFTs from the marketplace, and more.
You can buy RACA on Huobi Global, Uniswap, KuCoin, PancakeSwap, Gate.io, Poloniex, etc.
#5 WAX (WAXP) – $428 Million
Launched in December 2017, WAX (WAXP), also known as The Worldwide Asset Exchange, is a dedicated Metaverse and NFT blockchain platform designed for the next generation of cryptocurrency applications and games. See the article: China’s crypto campaign now applies to ICOs and other fundraisers..
The WAX ecosystem features one of the most robust and active gaming communities, with some of the most popular blockchain games hosted on the channel, including Alien Worlds, Splinterlands and Farmers World.
Check out this collection of the 5 most popular Metaverse games based on WAX.
What makes the WAX blockchain unique is the delegated Proof of Stake consensus mechanism, which significantly reduces the fees users have to pay. WAX uses three resources to pay for transactions: CPU, RAM, and NET. Users can obtain these resources by placing WAXP, the original parent of the series. Users can also remove their stock of WAXP tokens to recover any fees spent on transactions.
WAX also offers some of the most user-friendly integrations, including the WAX Cloud Wallet, which is compatible with all applications running on the WAX Series. This means that users do not have to download any third-party apps or install anything on their devices to access WAX games and services.
The main utility origin of the platform is WAXP, which allows users to interact with the ecosystem, purchase NFTs, access games, and more.
You can buy WAXP on Binance, KuCoin, WazirX, Gate.io, Bithumb, Bittrex, Crypto.com, etc.
#4 Axie Infinity (AXS) – $1.8 billion
Launched in March 2018, Axie Infinity (AXS) is one of the pioneers of Metaverse and NFT based play-to-earn games which was one of the first games that allowed players to earn significant income through playing gambling.
Axie Infinity has one of the most active NFT markets, with over 20,000 NFTs sold in the last 24 hours. It is also the fifth largest crypto game Metavere on the market, with a market capitalization of over $1.8 billion.
The gameplay of Axie Infinity involves collecting NFT monsters called Axies. Users can use their hubs to fight, perform quests and start earning rewards. Players can also upgrade and upgrade their hubs to more powerful versions.
Axie Infinity is also very affordable. Users can purchase Axie for less than $20 and start playing right away. With the current bear market, AXS can be a great opportunity to open a position when the price is low.
The game features a two-token ecosystem consisting of the SLP utility and AXS asset management. SLP allows users to upgrade/upgrade hubs, while AXS allows users to purchase hubs from the marketplace and participate in DAO governance.
You can buy AXS on KuCoin, Gemini, FTX, Binance, Kraken, etc.
#3 The Sandbox (SAND) – $2.5 billion
Upon launching Alpha in December 2021, Sandbox (SAND) is the third most valuable Metaverse cryptocurrency on the market, with a capital of over $2.5 billion. It is one of the most funded projects, with influential groups such as Softbank having invested more than $90 million in the Sandbox Metaverse as of November 2021.
Sandbox’s Metaverse is described as a high-quality hybrid between Minecraft and Fortnite. It features block-style graphics similar to Minecraft, with colorful and clean gameplay mechanics similar to Fortnite.
The project also features one of the most sought-after cryptocurrency virtual real estate markets, so if you’re looking to buy land in the Metaverse, check out The Sandbox’s NFT Land OpenSea collection. Keep in mind that sandbox lands are very expensive and can cost upwards of $5,000.
As one of the most anticipated and funded projects on the market, Sandbox is a must watch in May 2022. The project is still in alpha, which means that when the open beta drops, SAND could see significant upward momentum.
SAND is the root of the platform’s main utility, allowing users to purchase in-game items, reward them for rewards, and more.
You can buy SAND on Binance, FTX, Crypto.com, Bittrex, KuCoin, MEXC, etc.
#2 Decentraland (MANA) – $2.8 billion
Launched in February 2020, Decentraland (MANA) is the second most valuable Metaverse project and our favorite on this list. It features the most popular Metaverse with the most users, making it a must-see project for May 2022.
Decentraland’s Metaverse is free to access and offers an accessible browser version and a desktop client for a better experience. Decentraland offers dozens of places to visit, from virtual casinos to games to win, clubs, and more.
Whether you are looking to socialize with online users or earn rewards for time spent in the Metaverse, you are bound to find your niche in Decentraland.
In addition, Decentraland (MANA) also offers a robust virtual real estate marketplace, similar to The Sandbox Market. Users can purchase the land for around $7000, which allows them to invest in it or create unique designs with ease.
Decentraland’s main utility asset is MANA, a Polygon-compliant ERC-20 token that lives on the Ethereum blockchain. MANA can be used to purchase Decentralnd’s mobile NFTs, claim rewards, participate in exclusive activities and events, and more.
You can buy MANA on Gate.io, Gemini, Kraken, Binance, Coinbase, LBank, etc.
#1 ApeCoin (APE) – $4.2 billion
Launched on March 17, 2022, ApeCoin (APE) is currently the most valuable cryptocurrency in the Metaverse, with a market capitalization of over $4.38 billion. Since its launch two months ago, APE has surpassed all other cryptocurrencies in the Metaverse, which is a testament to the huge potential and community support around this project.
ApeCoin will serve as the primary utility asset for Metaverse, which recently completed the sale of instantly sold-out land in a matter of minutes and crashed the Ethereum blockchain, driving up gasoline prices by the thousands.
ApeCoin was launched to the Web3 economy, and token holders have voting rights to influence the outcome of the proposals initiated by the ApeCoin/DAO Foundation.
APE is an ERC-20 asset that lives on the Ethereum blockchain. It has a maximum supply of 1 billion tokens, and tokens will not allow the digital asset to exceed its supply.
You can buy ApeCoin on Kraken, Gemini, Uniswap, Gate.io, Binance, etc.
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