There are many projects, solutions, games, etc., each unique in the market. There are hundreds of metaverse coin projects offering it. According to the analyst, some metaverse cryptocurrencies are not even close to reaching their potential prices yet. So which metaverse coin projects will gain value and make a lot of money? As Kriptokoin.com, we are presenting 10 metaverse altcoin projects that can be invested for a long time and will earn a lot.
Here are 10 metaverse coins that will pay off:
Avalanche (AVAX) and Shiba Inu (SHIB)
First on our list is a blockchain built specifically for smart contracts There is the project Avalanche. In fact, Avalanche claims to be the fastest project when it comes to deadlines. Whether it really deserves this title is irrelevant, but the truth is it’s extremely fast, very cheap to use, and above all, environmentally friendly. The growing awareness of the crypto industry’s role in polluting the world has led to many criticisms of projects that are harmful to the environment. With its eco-friendly technology, Avalanche has already gained an edge over projects like Ethereum. Now, anyone who wants the best chain for dApps will turn to Avalanche, as they have a better chance of adopting their dApps, not only because of a better, faster chain, but also because of the eco-friendliness of this chain. With all these aspects, Avalanche (AVAX) has become one of the most profitable metaverse coin projects on the analyst’s list.
Another metaverse coin on the analyst’s list is the Shiba Inu. Shiba Inu came about without any real use cases, and just like DOGE, it was meant to be a fun, interesting crypto. While at first glance this meant that the meme coin would disappear, DOGE managed to survive among the top 30 cryptos for 9 years, and last year it even climbed the top 5 list to everyone’s surprise. Later, the Shiba Inu managed to outperform him and climb to the top after DOGE fell a bit. In other words, meme coins don’t play by the usual rules because their entire nature and purpose is completely different, which is what makes them so popular despite their lack of real use cases.
Axie Infinity (AXS) and Arweave (AR)
The third metaverse coin on the analyst’s list is Axie Infinity. It’s a metaverse project and currently the largest blockchain-based game on the market. Axie Infinity offers a metaverse world where players can purchase NFT-based creatures called Axies and use them to fight others. Players receive AXS rewards, the local token of the project, through play-to-win. Axies can be bought or sold on third-party NFT marketplaces, and players can also upgrade them with over 500 different body parts. In addition, they can also craft them to produce new NFTs that can be sold or upgraded and used for combat. According to the analyst, with the explosion of blockchain games, this is one of the projects with the greatest potential for those who want to profit from their investments in the relatively short term.
The fourth ranked meraverse coin is Arweave. Arweave is a decentralized storage network that wants to offer a platform where data can be stored indefinitely. It describes itself as a collective hard drive that never forgets, and hosts permaweb, a persistent, decentralized web with a multitude of community-oriented apps and platforms. Arweave is one of those projects that will see a lot of use when Web3 development reaches its peak, and decentralized internet becomes the norm with the current goal of the crypto industry.
STEPN (GMT) Illuvium (ILV)
In fifth place, there is an interesting project called STEPN. STEPN describes itself as a Web3 Lifestyle App with GameFi elements. Basically, it uses a move-to-win model along with a fitness app to create a whole new category called play-to-win. What it actually does is offer sneaker NFTs, and by purchasing them and then just walking around, players can increase their step count and earn money for it. It encourages users to walk more by giving monetary rewards for it, which can lead to a healthier lifestyle and a larger amount of money in your wallet.
Next up, another metaverse coin project called Illuvium, which has identified itself as the first AAA on the Ethereum network. Illuvium is a game that combines many things, including open world exploration, PVP, play-to-win and more. It is a Pokemon-like game that offers a vast world filled with creatures called Illuvials. Players can capture these creatures by defeating them in battle and use them to fight others after regaining their health. It’s not just hours of fun, but an interesting game that offers the potential to win, make friends, and be part of a large and growing community.
Band Protocol (BAND) and Audius (AUDIO)
The seventh project on our list is Band Protocol, a decentralized oracle network built on Cosmos. While Chainlink is the project that introduced oracles, its connections to the Ethereum network limit its ability to dominate the industry. Band Protocol, on the other hand, can do this thanks to the high scalability of Cosmos. Of course, that doesn’t mean Band will eliminate Chainlink, as the blockchain industry is definitely big enough for both protocols to see their fair use shares. The value of Band Protocol lies in its ability to bring off-chain data to its blockchain and, in doing so, deliver it to smart contracts, making them more useful and efficient. Meanwhile, the data it collects comes from multiple sources and is compared during the delivery process to ensure that only the correct information reaches the blockchain.
Next comes Audius, a project that wants to revolutionize the music industry. According to the project, the current music industry suffers from a number of issues, including a lack of clarity on who should own the music rights, as well as asking too much money from middlemen standing between artists and their communities. As a result, music is expensive, artists don’t earn as much as they can, and these companies get the most money while doing the least. The project rewards artists, while Audius offers a platform where creators can freely share their music and fans can access it for free.
Two metaverse coins at the end of the list:
ApeCoin (APE) and Cardano (ADA)
ApeCoin is next. This is a very young cryptocurrency that runs on the Ethereum network and acts as a utility and management token for the APE ecosystem. That’s why APE, at the forefront of Web3, encourages community building. Of course, as a governance token, it also allows users to vote on various proposals or submit proposals on how to improve the network. ApeCoin also gives users access to certain parts of Ethereum that would otherwise be unavailable, including exclusive services, games, and the like. The project has been very successful so far and it looks like it will continue its success.
Cardano is at the bottom of the list. While Cardano is not a new cryptocurrency, in late 2021 it has completed the second of five development cycles bringing smart contracts to its platform. In doing so, Cardano was practically reborn. The cryptocurrency, which has received countless new use cases thanks to its ability to create the most popular blockchain products, is expected to skyrocket in price once the market recovers. ADA is also a great long-term investment, given the fact that Cardano has 3 more semesters to go before it completes its roadmap.
