Lately, the topic metaverse seems to be everywhere- including the news and social media. Eventhough, the metaverse is a bit sophisticated subject, still it has managed to gain everyone’s to blockchain and cryptocurrency. Many techs and crypto investors can seem to get enough of the metaverse. Thus, now is a good opportunity to invest in crypto.
One of the biggest tech companies, Meta, formally known as Facebook, is betting on the metaverse. Even going to the length of investing $10 billion on its metaverse project 2021. They are calling it the future of technology. Cryptocurrencies and blockchain will play a crucial role in this journey.
Hence, the question is which metaverse coins are worth investing in. In this article, we will suggest to you the four best metaverse coins that are worth buying. So, shall we start?
Let’s have a Look at the 4 Best Metaverse Coins to Buy for 2022:
ApeCoin (APE):
APE is an ERC-20 token, meaning it exists on the Ethereum blockchain. It is a governance and utility token that allows its holders to participate in governance activities of the Ape ecosystem. Besides this, it also allows them to access games and other products & services that are available on the Ape ecosystem.
A game developed by Yuga Labs, Otherside, is the native home of the APE token. The popularity of the game has resulted in the creation of famous Bored Ape Yacht Club NFTs. As of today, the price of an APE token is $5.45, meaning it is worth checking out.
The Sandbox (SAND):
The Sandbox is one of the most successful projects of crypto and metaverse. SAND, the native token of the Sandbox, was constantly on the rise during 2021. In the end, it was able to cross the mark of $1 in the final quarter of 2021 and reached the peak of $8.40 last November.
However, the value of the token plummets to $0.88 as of September 15. Still, this has not caused any harm to the reputation of the Sandbox. Lionsgate is set to release a Hellboy-themed metaverse destination in the Sandbox. Also, Tony Hawk has announced that he will build a skateboard park in the game, as reported by Deadline.
Decentraland (MANA):
Being featured in the news, Decentraland has gained quite a lot of popularity in recent years. The NFT craze had a major role in this trend. It also resulted in a significant increase in the value of the native token MANA. many users started using the platform to show their NFTs.
However, it is not the only thing on this platform. You can also buy virtual land and create virtual games using Decentraland. It was created in 2017 and took its time to gain popularity. The market cap of MANA stands at $1.36 billion with one token valuing $0.75.
Highstreet (HIGH):
It is a very interesting metaverse project that supports virtual reality. You can shop for things inside this virtual platform. Also, Shopify has integrated its stores into the platform. As of today, HIGH is gaining a lot of popularity and is available on Coinbase.
In addition to this, the platform supports features like gaming and NFTs. This Project is the pure definition of the metaverse, as it supports VR devices. The tech company HTC is the backer of Highstreet. The market cap of Highstreet in September 2022 is over $17.8 million.
Conclusion:
Recently, a lot of metaverse projects are appearing everywhere. Yet, only a few have the potential to stand above the crowd. The metaverse is a project that is integrated into the core of blockchain and cryptocurrency. Thus, the idea of investing in these assets is not a bad one. Also, the trend of NFTs is only increasing.
But, do not bet everything on one investment. Study the market first, try to understand the recent trends, and split your money among different coins. Money is something that you cannot afford to lose. Remember to diversify your investment among various coins. Be careful and take care.
