TOP 10 MOST-TRADED METAVERSE CRYPTOCURRENCIES TO LOOK OUT FOR 2022
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Recently Metaverse cryptocurrencies are on the rise giving massive returns to their investors this year
Decentraland
(MANA)
Decentraland
defines itself as a virtual reality platform powered by the Ethereum blockchain
that allows users to create, experience, and monetize contempt and
applications. In this virtual world, users purchase plots of land that they can
later navigate, build upon, and monetize. Till now, it is one of the top
most-traded Metaverse cryptocurrencies of 2022.
The
Sandbox (SAND)
The
Sandbox stands as a solid investment in March 2022 because it applied
blockchain technology to a massive global market such as the gaming industry
and is entirely focused on decentralization. The Sandbox is a virtual world
where players can build, own and monetize their gaming experiences in the
Ethereum blockchain using the SAND token. Players can create digital assets in
the form of Non-Fungible Tokens (NFTs), upload them to the marketplace and
integrate them into games with Game Maker.
AXIE
INFINITY (AXS)
Axie
Infinity is the biggest Metaverse cryptocurrency that has already attracted
more than 3 million active players on the platform. Axie Infinity became well
known among other play-to-earn games as a currency that provides a source of
real-world income for its players. As of March 2022, Axie Infinity (AXS) is
available to trade on numerous exchange platforms, including top exchanges like
Binance, Huobi Global, Coinbase, FTX, Bithumb, KuCoin, Gate.io, and Kraken.
Enjin Coin (ENJ)
Enjin
Coin has real-world applications and is also laser-focused on the gaming
industry. Besides focusing on revolutionizing the gaming space by driving up a
player-driven economy, the NFT token also enables the tokenization and
subsequent transfer of in-game assets across several platforms. This
Ethereum-based network is currently planning on expanding into the
heterogeneous network called Polkadot to avoid the high gas fees accompanied by
the ETH network.
The Meta Hero (HERO)
HERO
provides a 3D scanning network and sculpting services, and the production of
in-game characters. Its 3D scanning technology reconstructs real-world objects,
including humans, into ultra-high-definition avatars. They have already decided
to upgrade to 16k ultra-HD scanners. It also can be purchased or sold in
cryptocurrency.
Epik
Prime (EPIK)
Epik
is a pioneer of early-stage games. Among its 300 clients is an A+ gaming
studio. Epik is a top-tier digital agency that has previously created
million-dollar in-game drops. Its Blockchain-powered in-game experiences and
NFTs are conceivable. It is also one of the most-traded Metaverse
cryptocurrencies now.
Seventh
High Street (HIGH)
HIGH
is a Metaverse crypto project where players have the opportunity to win. This
project is unique in that it is both virtual and physical. To earn tokens, the
player can simply play the game and perform tasks. NFTs are used in the virtual
settings on HIGH. Bonding curves that are cleverly designed generate quick
liquidity.
SushiSwap
(SUSHI)
SushiSwap
is home to a popular decentralized exchange that allows users to buy and sell
digital currencies without requiring a centralized third party. This popularity
has since resulted in SushiSwap surpassing a market capitalization of US$500
million as of early 2022. With that said, SushiSwap has since expanded its
business model by creating an NFT marketplace in conjunction with the
Metaverse.
Star
Atlas (ATLAS)
Star
Atlas is a VR game for the next generation. The Solana blockchain serves as the
foundation for Star Atlas. It can be used to purchase digital assets such as
ships, crew, land, and equipment. SOLANA is the game’s main prize. Solana is
known as the Ethereum Slayer. There are no exorbitant gas prices or scalability
issues. It can be purchased or sold to FTX cryptocurrency.
Bloktopia
(BLOK)
BLOK
is one of the most-traded Metaverse cryptocurrencies. BLOK members can create
their avatars, participate in social activities, learn about cryptocurrency,
and exchange it also. Real-time 3D production engines are used in the best
virtual reality visual effects also. The Polygon blockchain serves as the
foundation for Bloktopia
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