With the emergence of the Metaverse, Blockchain developers also found a new niche for themselves. 3D worlds help people maintain their interpersonal interactions in a virtual environment. This post examines the top 5 metaverse coins and projects that are expected to rise in the coming months.
Here are 5 metaverse coins for the year-end list
Decentraland (MANA)
Decentraland is one of the pioneering projects in the metaverse coin market. It uses an Ethereum-based token, MANA, on its virtual reality platform. Users can create buildings using DAO to manage the platform. They can also play games and participate in metaverse games. MANA is currently ranked 51st by market cap. It is trading at $0.4465 at the time of writing.
Sandbox
Sandbox is a Blockchain platform that allows players to create and own their own gaming experiences. SAND is Sandbox’s cryptocurrency used primarily throughout the ecosystem for transactions and interactions. Users can design their own worlds using three tools: VoxEdit, Marketplace, and Game Maker. In VoxEdit, players can produce digital products using the 3D voxel modeling and NFT creation toolbox. They can also convert these designs into money through NFT markets. Finally, with the help of Game Maker, the 3D game experiences that players produce and build are their own. Gamers can create compatible game scripts with this no-coding tool.
SAND is currently ranked 48th by market cap. It is trading at $0.5995 with the recent events in the market.
Axie Infinity (AXS)
Axie Infinity has developed a globally accepted game world. His platform was one of the first to implement the play-to-win (P2E) model, turning gaming into a profitable business venture. The main trading hub for Axie NFTs is the Axie Infinity Market Place, where players can buy and sell Axie. For Axies, plots of land serve as houses that can be upgraded with items purchased at auction. The platform uses two in-game tokens to train monsters. These are: Axie Infinity Shards (AXS) and Smooth Love Potions (SLP).
The price of AXS is currently at $7.28 and is ranked 57th by market cap. Despite the current drop, it remains one of the biggest metaverse coin games in the market right now.
Enjin Coin (ENJ)
Enjin is a marketplace for digital items such as NFT and in-game items. With the help of Enjin, customers can manage and store virtual goods for video games. Interestingly, Enjin has created a mod addon for Minecraft called Enjincraft. This plugin allows players to use the ecosystem once installed. These include in-game money or one-of-a-kind tokens.
ENJ is currently trading at $0.3195. It ranks 90th in terms of market value.
ApeCoin (APE)
The native token of Bored Ape Yacht Club Apecoin (APE) is doing particularly well in the metaverse space. In the virtual worlds of Metaverse, users can trade with cryptocurrencies. Speculation that the Bored Ape Yacht Club might enter the metaverse has caused the price of APe to soar by about 38%.
BAYC’s token, APE, is ranked 47th on CoinMarketCap. It is currently trading at $2.97.
cryptocoin.com We are sharing the latest news from the metaverse coin market on this page. In one of the latest developments, Japan’s largest mobile operator NTT DOCOMO has announced its partnership with Astar Network (ASTR).
