These 5 Metaverse coins are basically no different from other cryptocurrencies and are associated with the same industry.
Metaverse coins that support trading and swapping
Metaverse coins are virtual currencies that can be used to make digital payments on the Metaverse. Each virtual universe’s in-game store offers a variety of these currencies, some of which are only available in the metadata store. Some tokens can be purchased from exchanges such as WazirX, Coinbase, and Binance. Listed are the top metaverse coins that support trading and exchange within the metaverse.
These 5 metaverse coins could be bullish
ApeCoin (APE)
ApeCoin is not only one of the most valuable metaverse coins on the market, but also one of the newest. It was created to support the expanding ecosystem surrounding the well-known Bored Ape Yacht Club. One of these blockchain art monkeys can be purchased for as little as $100,000.
cryptocoin.com According to data, ApeCoin’s price at the time of writing is $5.12, its market capitalization is $1.8 billion, and its 24-hour trading volume is down 28.57% to $120 million. At the same time, the circulating supply is approximately APE of 368,593,750, according to crypto market tracker CoinMarketCap.
Decentraland (MANA)
Decentraland runs its own standalone metadata store. It is a virtual reality platform that uses the Ethereum (ETH) blockchain and its native token MANA to do business. Users are free to explore this virtual world using any avatar of their choice. In the Decentraland market, they can buy land, clothes for their avatars, accessories and much more.
Decentraland’s price at the time of this writing was $0.6849, its market capitalization was $1.2 billion, and its 24-hour trading volume was $144 million, down 28%. At the same time, the circulating supply is approximately 1,855,084,192 MANA, according to crypto market tracker CoinMarketCap.
Axie Infinity (AXS)
Axie Infinity (AXS) is an ERC-20 token built on top of the Axie Infinity platform. It is an earn-by-play video game built on the Ethereum sidechain Ronin Network. It is also the best metaverse crypto project to consider right now. Axies tokens are NFTs that represent characters in the game.
At the time of this writing, Axie Infinity had a price of $0.6849, a market cap of $1.02 billion and a 24-hour trading volume of $83 million, down 58.56%. At the same time, the circulating supply is approximately 101,610,035 AXS, according to crypto market tracker CoinMarketCap.
The Sandbox (SAND)
Sandbox is a virtual environment where players can exchange local tokens for in-game currency. Like MANA in Decentraland, the other metaverse coin on this list, SAND can only be earned and spent inside the Sandbox. Whether Metaverse achieves its goals will depend on which games, platforms and apps are successful. SAND is currently one of the biggest players in this market.
Sandbox’s price at the time of this writing was $0.6849, its market capitalization was $1.02 billion, and its 24-hour trading volume was $210 million, down 44%. At the same time, the circulating supply is approximately 1,499,470,108 SAND, according to crypto market tracker CoinMarketCap.
Internet Computer (ICP)
The Swiss non-profit Dfinity Foundation created Internet Computer. ICP’s ambitious goal is to replace the existing centralized internet with a decentralized one. The idea is that centralized businesses like Alphabet, which owns the Google family of products, are primarily responsible for creating the modern internet.
Internet Computer’s price at the time of this writing is $5.14, its market capitalization is $1.48 billion, and its 24-hour trading volume is down 41% to $30 million. At the same time, the circulating supply is approximately 288,854,104 ICPs, according to crypto market tracker CoinMarketCap.
