Top 5 Metaverse coins to invest in 2022

 This list will help you select the tokens you should look forward to in 2023. 

The introduction of Metaverse to the world today has presented a whole new hype to the cryptocurrency world. Although investing in cryptocurrency has been considered as a chance to wealthy for a long time, things have changed recently and everyone can find the best Metaverse crypto to invest in these days.

Metaverse developments have been sharp over the past few years, and its coins seem to be dominating the crypto market and famous people such as Mark Zuckerberg is already capitalizing on the market.

What are Metaverse tokens and Coins?

Modern technologies have brought up the requirement to shift the way individuals interact with each other and the Metaverse seems to be the absolute solution. The Metaverse makes use of augmented reality, mixed reality, and virtual reality to differentiate between the digital and physical worlds. In this regard, Metaverse coins and tokens are provided as virtual currencies used to make transactions in Metaverse.

You may see many Metaverse tokens making headlines. However, they are not much different from the regular cryptocurrencies already available in the market. The only difference is that they are attached to a developer company, and all have different function. For example, the SAND represents the virtual gaming world. If you need to know more about the Metaverse, simply click here.

Top 5 Metaverse coins with good potentials to invest in 2022

This list comes up with selecting Metaverse coins for investment which are known to have good fundamental and potentials. The items on the list has already gained over %20 increase in price per daily trade volume. However, we recommend all readers do more research before invest.

1. Apecoin (APE)

Apecoin was launched in March 2022 by popular NFT company Yuga Labs. The company is the same entity behind some of the biggest NFT projects such as Bored Ape Yacht Club (BAYC), CryptoPunks, Mutant Ape Yacht Club (MAYC), and Otherside metaverse. Due to the token’s connection to these other projects by Yuga Labs, it attracted a lot of interest quickly. According to data from CoinMarketCap, the token is currently the metaverse token with the most market capitalization. 

Accordingly, the token is what users use to interact with Yuga Labs projects and metaverse. Ownership of the token allows the holder to vote in decisions within the DAO. Overall, the token controls the governance and utility activities within the ApeCoin ecosystem. This is in addition to several exclusive benefits available to holders in the metaverse and real world. 

2. Theta Network (THETA)

Launched in 2019, Theta is a decentralized network where users share bandwidth and computing resources on a peer-to-peer (P2P basis). Theta Network hopes to revolutionize the video streaming industry. It hopes to achieve this through decentralization and a unique reward system for the consumers and the creators. 

Theta is the native currency of the blockchain-powered network, Theta. The currency performs governance tasks within the network and is freely tradable on major crypto exchanges.  Theta is currently the second-largest metaverse coin with a market cap of $873 million, according to data from CoinMarketCap. 

3. SAND (Sandbox)

The Sand box is one of the leading Metaverse crypto coins on the The Sandbox is one of the most talked-about Metaverse projects on the internet, especially because it is secured inpartnerships with celebrities like Snoop Dogg.

The Sandbox is a 3D immersive virtual world which enables users to purchase and monetize plots of land. In addition, The Sandbox involves RPG aspects into their Metaverse that allows users to grow their character and evolve their skills.

Knowing that the Sandbox is one of the leaders in the Metaverse space, betting on The Sandbox sounds a guaranteed choice in 2022 and beyond. SAND is the Metaverse coin to the game and the cap market is $845 million. Even though SAND experienced a decline recently, this could give a great entry point.

If you have any plans to purchase SAND, try Binance, KuCoin, Uniswap, Gemini, and more.

4. Decentraland(MANA)

Decentraland is the top Metaverse token and one of the most famous Metaverse coins to invest, available now. It is a 3D-blockchain-based token that has a market cap of $728 billion. Decentraland is a virtual reality platform which provide the chance to its users to buy parcels of LAND. Further, there is also the opportunity to develop the plot by building any fancy construction on it and monetizing the same. Decentraland was founded in 2017 and is one of the earliest gateways in building an Ethereum based decentralized virtual reality. Each plot of LAND is 16 square feet, and only 90601 parcels are available by now.

MANA is the native token in Decentraland that supplies the ecosystem and has a supply of 2.2 billion. Currently, 1.8 billion tokens are recorded in circulation. Gamers, creators, and businesses looking to capitalize on the Metaverse opportunities and get entertainment, try to get a share of this platform. The large number of target audience definitely results in great demand for the coin. This is what makes Decentraland an attractive purchase.

5. AXS (Axie Infinity)

One of the most popular and highest revenue-generating games built on a blockchain is Axie Infinity. Many have already agreed that Axie Infinity is an adorable NFT pet game that has brought about lots of fortune to the wallet of not only crypto geeks but also all the ones who are active in the crypto market.

The Axie Infinity game features characters or Axies, which are NFTs and gamers can buy and trade. There is also virtual real estate in the Axie Infinity Metaverse, which could bring on more investors who are not just gamers. According to the news, a plot recently sold for $2.3 million.

The token in Axie Infinity play- to-earn game is called AXS. Users can collect this token by playing the game. It has been a massive success, and has attracted many people who are playing the game as their main income to make a living on. Axie Infinity allows its tokens to be used in its Metaverse. The AXS token can be converted to ETH and also used to buy NFTs.

Conclusion

Many Metaverse projects are appearing to the Market for investment every day, however only some show real potential and are suitable for investment. As the Metaverse concept is deeply rooted in blockchain and crypto, it can be a good choice to invest in some of these projects. Also, remember that the NFT buzz seems to be increasing recently.