- 3 METAVERSE COINS TO BUY FOR THE PUMP IN 2022
3 METAVERSE COINS TO BUY FOR THE PUMP IN 2022
Apparently, it became rather clear that Zuckerberg was more interested in a future of virtual reality than he was in current stock prices. A future where Man could recreate all possibilities of the real world and beyond from a computer or game console.
The Metaverse became a public discussion garnering much interest after facebook’s CEO Mark Zuckerberg announced that the company would be adopting the ideology of the Metaverse. Zuckerberg went on to change the firm’s name from Facebook to Meta which drove more people to wonder what the CEO’s intention was.
Was he playing mind games just as crypto analysts have known controversial billionaire, Elon Musk, to do? Was he planning on getting crypto Investors interested in the company, thereby driving up the stock prices of Facebook, now named Meta?
The future of the metaverse is inevitable. Virtual reality is here to stay and it is vital that you take this bull by its horn. (Pun Intended).
In this article, in no particular order, we have chosen 3 coins with great potential to get you started in your metaverse journey.
Axie infinity has become one of the biggest cryptocurrencies in the world today with its market cap rounding off to about $6 billion.
It has a daily trading volume of $328 million and a total supply of 270,000,000 AXS token and a circulating supply of 60,907,500 AXS tokens.
Axie Infinity is a battling game where players are enabled the chances of forging, trading and battling with other creatures called Axies. Since the Axies themselves are a currency, players can breed creatures and trade or sell them, either for other crypto or real-world money.
Axies are NFTs(Non-Fungible Tokens) that are featured with over 500 body parts and can breed seven times with fellow Axies and can reproduce offspring. The offspring can also be sold in the game in exchange for fiat or cryptocurrecies paired on the Ethereum blockchain.
AXS has been winning among cryptocurrencies in the last few months, shooting as high as 29,700%. As at the time of this writing, within a 24hour timeframe, AXS token has increased up to 0.39% according to data from coinmarketcap
However, you should check the current status of such Metaverse ETP before investing.
Created in a 3D(three multi-dimensional) metaverse, the sandbox is a play-to-earn game that utilizes the technology of the blockchain, DEFi and NFTs all in one platform.
In the sandbox metaverse, players are able to play, create, build, own and monetize their virtual experiences. Players can build their own games and digital assets, also customizing them using free tools such as VoxEdit and Game Maker.
At the time of this writing, according to coinmarketcap, The Sandbox is priced at $6.74 USD with a 24-hour trading volume of $2,322,517,476 USD. The Sandbox is up 9.70% in the last 24 hours. The current CoinMarketCap ranking is #31, with a live market cap of $6,195,015,617 USD.
It has a circulating supply of 919,498,319 SAND coins and a maximum supply of 3,000,000,000 SAND coins.
Decentraland comes after Axie Infinity among the toppers’ list of the most popular cryptocurrencies. It has accounted for over 1.8 billion tokens in circulation with a market cap of $7.2 billion. Like AXS, Decentraland (MANA) is a virtual reality forum built on the Ethereum blockchain.
The creators of mana defines it as a virtual reality platform, built on the Ethereum blockchain that allows users to create parcels and monetize these parcels at their own convenience.
MANA is the native cryptocurrency for decentraland.
Users can use MANA to purchase land parcels, wearables, avatars, and more products from the marketplace.The MANA metaverse is divided into 90,601 parcels of land containing NFTs.
According to the information on coinmarketcap, Decentraland is up 3.58% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $6,940,603,828 USD. It has a circulating supply of 1,824,551,035 MANA coins and the max. supply is not available.
Humanity will have to embrace the possibilities of the metaverse automaticaly ass it’s already become a part of our everyday lives.
Active players of GTA V could tesify to the limitlessness of the game and it’s wide range of player options.
Now, similar games have been created, but combined with the technology of the blockchain with that of the metaverse and it’s P2E feature. Imagine playing GTA V but also making money from it simultaneousy. The possibilities are endless.
The Metaverse tokens make digital transactions easier within the metaverse. Some major metaverse tokens are tied to the play-to-earn games you invest in(this would mean you’d first have to play the game to get rewarded with the tokens. They cant be bought).
But luckily for non-gamers, there exist other platforms that allow you to make exchanges possible.
OTHER COINS TO ADD TO YOUR WATCHLIST
This list was compiled according to marketcap not any professional recommendation.
AXS, SAND, and MANA are the metaverse coins that are currently the rave of the moment in the cryptocurrency market.
But be sure to do your own research before you make the vital decision to invest.
- Date of publication:
- Fri, 01/07/2022 - 00:20
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