Metaverse is a virtual universe where people can shop, buy and exchange currencies, items, etc. It combines augmented reality, virtual reality, social networks, games, and cryptocurrencies. Cryptocurrencies are a common payment method in this virtual universe, and the terms “metaverse cryptocurrency,” and “metaverse coin” originated. Each metaverse project uses its own tokens for transactions.
In the coming years, a significant increase in metaverse projects is expected. And now is the best time to start investing in them. In addition, it is not difficult at all. Having enlisted the support of a reliable crypto exchange platform, you can conduct transactions quickly and safely.
List of Metaverse Tokens with the Greatest Investment Potential
Read below about the top 5 metaverse tokens that have shown the best potential and deserve your attention.
Decentraland
It is a virtual reality platform. It is based on the blockchain and is part of the Ethereum network. The native MANA token that powers the Decentraland ecosystem has a total supply of almost 2.2 billion. There are currently 1.84 billion MANA tokens in circulation.
In general, it looks like a traditional game. Thus, you can:
- Buy plots of land and other real estate;
- Develop the plot;
- Use the monetization function and receive profit.
In the last quarter of 2021, MANA increased significantly in price. Currently, its price is stable and shows less volatility.
Enjin
It is a metaverse-style gaming platform that uses ENJ, which can be easily exchanged for assets. ENJ is an ERC-20 token that operates on the Ethereum network. It is designed as a game cryptocurrency for trading in-game goods on its own marketplace. The limit is set at 1 billion ENJ. There are 872 million in circulation. Due to the high price volatility, ENJ attracts the attention of investors. If earlier they paid $0.017 for one ENJ, today the price is $1.83. The possibility of a good profit is obvious.
The Sandbox
The Sandbox is another unique virtual reality environment where players can develop, own, and profit from their gaming experience using SAND coins. The maximum volume of SAND is 3 billion. Now there are 1.15 billion in circulation. Although the coins have declined from their all-time low of $8.4 in the last quarter of 2021, they are showing stability during the first quarter of 2022.
Axie Infinity
This is one of the most profitable projects in the metaverse. The ecosystem is based on the online game Axie Infinity. The platform was developed by Sky Mavis studio. The project uses the Pay-to-Earn concept. The gameplay takes place in a virtual environment inhabited by Axie creatures. The platform allows the creation of new characters. Players earn by winning battles and selling virtual creatures.
The AXS token is valued at $69.75. It is predicted to continue to grow in the coming years. However, pay attention that Bitcoin is also expected to rise. So, if you want to swap XRP to BTC, you should not delay the decision.
Aavegotchi
This is another successful metaverse project. Despite the fact that it has been operating since 2021, it is considered one of the most promising and fastest-growing today. The main useful asset of the company is GHST, an ERC-20 token. The sharp rise in GHST in the last quarter of 2021 allowed it to penetrate the competitive market.
So, there are many metaverse projects that deserve your attention. In this article, we have described the top 5 most promising tokens. Try to make your investment as profitable as possible!