Cryptocurrency markets have seen significant price gains over the past few weeks. However, it remains highly volatile. It’s too early to tell if a complete reversal has occurred in the market. However, there is a light at the end of the tunnel. Crypto expert Paul Brabus examines a selection of the top three metaverse coins with market caps under $111 million to watch in July 2022.
First metaverse coin project Wilder World (WILD)
Wilder World (WILD) hit the market in May 2021. He built his digital world with Epic Games’ latest Unreal Engine 5. Meanwhile, Wilder World is an Ethereum-based metaverse coin project with a very low value. Wilder World can be thought of as a second life experience built on Blockchain.
The altcoin has a highly active NFT market for in-game assets in the upcoming Metaverse. However, the game is still in development. The native service asset of the platform is the native ERC-20 WILD token used for the NFT market, which allows users to purchase in-game assets. WILD will also serve as the primary token to interact with various aspects of the Metaverse.
WILD has been doing exceptionally well last week, up over 17% over the past seven days. Last week, WILD posted massive gains of up to 22% in a single day after the team released a brand new NFT collection, the Wilder MOTO, to reward its longtime supporters. The project, which has a current market value of $32 million, is quite low.
Second metaverse project Metahero (HERO)
Metahero (HERO) was introduced to the market in July 2021. Another very low value Metaverse coin project. Metahero’s vision is to build an ultra-realistic Metaverse where users can scan themselves and other real-world objects into digital space.
The team at Metahero has partnered with Wolf Digital World to provide 3D scanning services worldwide. Wolf Digital World is a leader in 16k photogrammetric scanning technology that creates realistic graphics in AAA games like Cyberpunk 2077 and The Witcher Series. Also, Metahero includes the Everdome project, which represents the Metaverse features of the ecosystem. Everdome has over $9 million worth of token DOME at the time of both Everdome and Metahero’s pre-sales event.
HERO token is built on BNB Chain. This token is Metahero’s primary service asset while DOME is Everdome’s primary asset. Metahero has a market cap of $38 million, while Everdome currently has a fully diluted market cap of over $800 million. Also, the 24-hour trading volume is $4.3 million.
The latest metaverse coin project Virtua (TVK)
Virtua (TVK) launched in December 2020. An NFT collection platform spanning AR, VR and mobile, branded by Terra Virtua Kolect. The likely reason for the rebrand is to ensure that investors and traders do not associate the project with Terra (LUNA). Because the two have no relationship whatsoever. cryptocoin.comTerra (LUNA) was the most talked about project of the last crash.
Virtua includes NFTs called vFlects, which are 3D robot NFTs that users can collect and customize. There are dozens of vFlects, each with unique attributes, designs, and features. TVK is the primary ERC-20 asset on the platform. It allows users to purchase NFT on Virtua. Virtual also allows users to purchase virtual real estate through a brand new land sale in their Metaverse. The land sale will be provided by Cardano (ADA) in partnership with TVK.
