Top Metaverse coins
By Yuriy Bishko Updated November 14, 2022
Many people have recently been observing such a direction as the metaverse. This topic has become widespread in the financial market, mostly in cryptocurrency. Projects such as Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS) have grown by thousands of percent. Therefore, it is not surprising that this direction has caused great excitement and many questions:
- what is metaverse
- what are metaverse coins
- are metaverse coins a good investment
- what metaverse coins to buy
According to the coinmarketcap metaverse page, there are already about 200 projects.
In this article, we'll talk about the top 3 metaverse coins, as well as advise a few promising projects with great potential.
1.Axie Infinity (AXS)
This particular project was one of the first on the list of metaverse coins. And by its conception and quality it attracted many fans.
Axie Infinity is a blockchain-based game in which players can collect, fight, and build kingdoms for the pets they create.
Players can modify Axie's appearance and genetic data, allowing developers from the gaming community to incorporate their personal ideas into the game's universe. Axie Infinity currently ranks first in the number of active users among other projects.
If we look at the chart, we can say that the coin has grown a lot from its launch. It is very likely that the project will grow, but if we look from the risk management side, there are better options.
2. Decentraland coin (MANA)
This project has also attracted a lot of attention recently, all because Decentraland has sold more than $100 million worth of virtual plots.
Decentraland is a decentralized virtual reality platform consisting of 90,601 land areas. The platform is a metaverse in which users can create, use and monetize content. Decentraland's virtual real estate is NFT, which can be purchased in MANA cryptocurrency.
If we look at the chart, the coin, like AXS, has grown quite a bit since its launch.
3. Sandbox (SAND)
The Sandbox blockchain game is a platform that includes a large number of users, in which users are given the opportunity to create their own worlds with unique objects.
For example, below you can see some of the objects of the game, and the actual value of these objects.
If you look at the chart of the coin, you can see exactly how the price changed after launch.
At the time of the maximum point, the growth rate was 12700%. After the entire market drawdown, the figure is somewhat lower, but overall the results are stunning.
Metaverse coins are a good opportunity to multiply your capital quickly. Personally, we would recommend paying attention to metaverse projects that have prospects, but have not yet shown such growth results as the projects noted above.
Based on the fundamental and technical picture, future contenders for growth could be such projects as: TLM, SAND, and SUSHI.