There are dozens of crypto-Metaverse currencies on the market. It can be difficult for someone new to the space to navigate the market and figure out which are the best Metaverse cryptocurrencies to buy in 2022. Today we take a look at our pick of the top seven Metaverse cryptocurrencies to buy in 2022 that could experience significant price growth in the next crypto bull run.
Note: The list below is ordered by the current market capitalization of each Metaverse crypto, from lowest to highest.
Also discover the 7 best cryptocurrencies across all industries to buy now and keep for the long term!
#7 Mines of Dalarnia (DAR) – $224 million
Launched in November 2021, Mines of Dalarnia (DAR) is an NFT blockchain-based 2D game involving users mining assets and using the native DAR tokens to upgrade their gear 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, landowners receive a portion of the rewards collected by the player, creating a passive income stream and incentivizing users to purchase land in Mines of Dalarnia.
This blockchain game is 100% free to try, and if you haven’t yet, we recommend checking it out. It’s one of the best games built on Chromia, a relatively new relational blockchain built explicitly for crypto games in the Metaverse. Mines of Dalarnia is exceptionally well done, the gameplay is both fun and intuitive, and the project is one to watch in May 2022.
The main utility asset of the platform is the DAR, which exists in BEP-20 and ERC-20 versions. The usefulness of DAR includes paying for in-game purchases, buying virtual real estate, upgrading gear, and more.
You can buy DAR on Crypto.com, Gate.io, Binance, PancakeSwap, etc.
#6 Radio Caca (RACA) – $319 million
Launched in August 2021, Radio Caca (RACA) is one of the main ecosystems of Metaverse, consisting of its USM Metaverse (The United States of Mars), an NFT market, a DAO and its flagship game Metamon, NFT-based. On the same subject : Will Cardano (ADA) and EverGrow Coin emerge as the cryptos offering the best return on investment?.
Radio Caca has a robust online 3D Metaverse, 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 Radio Caca’s USM, you can log in through a web3 wallet like MetaMask.
Radio Caca is very underrated due to its amazing partnerships. In recent news, the team has teamed up with French Montana and announced that they will allocate $25 million to build a 2D Metaverse themed around Montana’s upcoming album, Montega.
Additionally, Metamon, Radio Caca’s flagship NFT-based game, is a great way for users to generate revenue. The game has recently received several updates that make it more attractive for players.
With its robust ecosystem, development and innovation Continuing, Radio Caca is a top-notch Metaverse cryptocurrency worth watching in May 2022.
The main utility asset of the platform is RACA, including ERC-20 and BEP-20 versions living on Ethereum and BNB chains. RACA’s main uses include interacting with its Metaverse, receiving rewards, purchasing NFTs from its 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), aka The Worldwide Asset Exchange, is a specialized Metaverse and NFT blockchain platform built for next-generation cryptocurrency apps and games. See the article: China’s cryptocurrency crackdown now applies to ICOs and other fundraisers..
The WAX ecosystem features one of the most robust and active gaming communities out there, with some of the most popular blockchain games hosted on the channel, including Alien Worlds, Splinterlands, and Farmers World.
Check out this compilation of the 5 most popular Metaverse games built on WAX.
What makes the WAX blockchain unique is its 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 get these resources by staking WAXP, the chain’s native asset. Users can also destock their WAXP tokens to recover any fees spent on transactions.
WAX also offers some of the most user-friendly integrations, including its WAX cloud wallet, which is compatible with all apps running on the WAX chain. This means users don’t have to download any third-party apps or install anything on their devices to access WAX’s games and services.
The platform’s main utility asset is the 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 that was one of the first games to allow gamers to earn a significant income by playing gambling.
Axie Infinity has one of the most active NFT marketplaces, with over 20,000 NFTs sold in the last 24 hours. It is also currently the fifth largest Metavere crypto game on the market, with a market capitalization of over $1.8 billion.
Axie Infinity gameplay involves collecting NFT monsters called Axies. Users can use their Axies to fight, take on quests, and start earning rewards. Players can also upgrade their Axies and evolve them into more powerful versions.
Axie Infinity is also very affordable. Users can buy an Axie for less than $20 and start playing right away. With the current bear market, AXS could be a great opportunity to open a position while the price is low.
The game features a dual-token ecosystem consisting of the SLP utility and AXS governance assets. SLP allows users to raise/upgrade axies, while AXS allows users to buy axies from the market and participate in the governance of the DAO.
You can buy AXS on KuCoin, Gemini, FTX, Binance, Kraken, etc.
#3 The Sandbox (SAND) – $2.5 billion
Launching Alpha in December 2021, The Sandbox (SAND) is the third highest valued Metaverse cryptocurrency in the market, with a capitalization of over $2.5 billion. It is one of the most funded projects, with influential groups like Softbank having invested over $90 million in the Sandbox Metaverse as of November 2021.
The Sandbox’s Metaverse is described as a high-quality hybrid version 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 virtual real estate markets in crypto, so if you’re looking to buy land in the Metaverse, check out The Sandbox’s NFT Land OpenSea collection. Keep in mind that The Sandbox lands are quite expensive and can cost upwards of $5,000.
As one of the most funded and anticipated projects on the market, The 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 a significant bullish momentum.
SAND is the platform’s main utility asset, allowing users to purchase in-game items, stake 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 valued Metaverse project and our favorite in this list. It features the most popular Metaverse with the most users, making it a must-have project in May 2022.
Decentraland’s Metaverse is free to access and offers an easily accessible in-browser version and a desktop client for a better experience. Decentraland offers dozens of places to visit, ranging from virtual casinos to games to win, clubs and more.
Whether you’re looking to socialize with users online or earn rewards for time spent in the Metaverse, you’re bound to find your niche in Decentraland.
In addition, Decentraland (MANA) also offers a solid virtual real estate market, similar to that of The Sandbox. Users can purchase land for around $7,000, allowing them to monetize it or create unique designs with ease.
Decentraland’s main utility asset is MANA, an ERC-20 token compatible with Polygon and living on the Ethereum blockchain. MANA can be used to purchase portable NFTs in Decentralnd, 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 highest valued 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 its Metaverse, which recently completed a land sale that sold out instantly within minutes and crashed the Ethereum blockchain, catapulting gasoline prices by the thousands. .
ApeCoin was launched for the Web3 economy, and token holders have voting rights to influence the outcome of proposals initiated by the ApeCoin Foundation/DAO.
APE is an ERC-20 asset living on the Ethereum blockchain. Its maximum supply is 1 billion tokens, and its tokenomics will never allow the digital asset to exceed its supply.
You can buy ApeCoin on Kraken, Gemini, Uniswap, Gate.io, Binance, etc.
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Here are the top 7 best Metaverse cryptocurrencies to buy in 2022! – Mag Mirror
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