The future of Metaverse interests a lot of people. Because of that reason, there are a lot of people who want to invest in Metaverse coins and make a fortune out of them. However, not all of the Metaverse crypto coins are promising. Some have potential, while some don't. On this occasion, we are going to take a look at the top Metaverse crypto coins you can invest in. Let's start!
What are the Top Metaverse Crypto Coins to Invest in?
Metaverse is the future. Indeed, it aims to replace the current internet and blockchain technology is the way to go. So, if you believe in the potential of project "Metaverse", then you could invest your money in Metaverse crypto coins. You can make a great return by investing a few bucks.
However, there is no need to invest all of your funds into one particular Metaverse coin. As there are plenty of Metaverse cryptos out there, there will always be a good option for you. Here are the top Metaverse crypto coins that you can buy:
Decentraland (MANA)
coinMANA is the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain. Decentraland users use MANA to purchase LAND and also pay for goods and services in the virtual world. The token is the largest Metaverse coin on CoinMarketCap with a market cap of $6,104,333,361 as of the time of writing.
The MANA crypto price is $3.34 USD. If you would like to invest in this Metaverse coin, the best exchanges for trading in Decentraland are currently Binance, Mandala Exchange, OKEx, FTX, and CoinTiger.
Wallet Investor projects that the Decentraland (MANA) price can go up to $5.343 USD in one year. According to their analysis, Decentraland will be worth $15.638 USD in five years (2027).
Axie Infinity (AXS)
AXS is the governance token for the Axie Infinity Metaverse. Token holders will be able to stake their tokens to earn more AXS and even vote for governance proposals. The token is the 4th largest Metaverse coin on CoinMarketCap with a market cap of $3,949,062,635 as of the time of writing.
The AXS crypto price is $64.64 USD. If you would like to invest in this Metaverse coin, the best exchanges for trading in Axie Infinity are currently Binance, Mandala Exchange, OKEx, FTX, and Huobi Global.
Wallet Investor predicts that the AXS price can go up to $161.277 USD in one year. Their analysis shows that the will be worth $574.209 USD in five years (2027).
Read More: The Sandbox Vs Decentraland: Which Metaverse Is The Best?
Enjin Coin (ENJ)
Enjin Coin is an ERC20 token created by Enjin. It is an online gaming community platform with over 250,000 gaming communities and 18.7 million registered gamers. Developers can use the Enjin Coin to create a unique currency for a gaming community that can be used on any platform. The token is the 5th largest Metaverse coin on CoinMarketCap with a market cap of $1,696,202,713 as of the time of writing.
The Enjin crypto price is $1.98USD. If you would like to buy this Metaverse Crypto Coin, the best exchanges for trading in Enjin Coin are currently Binance, Mandala Exchange, OKEx, FTX, and CoinTiger.
Wallet Investor projects that the Enjin Coin price can go up to $3.516 USD in one year. According to their analysis, the coin will be worth $10.662 USD in five years (2027).
The Sandbox (SAND)
SAND is a native token on The Sandbox platform which is a blockchain-based, community-owned virtual world. The token is for buying and selling ASSETS on the marketplace, participating in transactions involving virtual LAND, and interacting with user-generated experiences. The token is the 2nd largest Metaverse coin on CoinMarketCap with a market cap of $4,649,598,039 as of the time of writing.
The SAND crypto price is $4.29 USD. If you would like to buy this Metaverse Crypto Coin, the best exchanges for trading in The Sandbox are currently Binance, Mandala Exchange, OKEx, FTX, and CoinTiger.
Wallet Investor predicts that The Sandbox (SAND) price can go up to $11.103 USD in one year. Their analysis shows that The Sandbox will be worth $39.503 USD in five years (2027).
Read More: Metaverse Games: Best Metaverse Games in 2022
These are the top Metaverse crypto coins you could invest in. All of these tokens spiked following Facebook's rebranding. MANA surged over 44.6%, Enjin coin surged over 11% while the SAND token surged 21.5% and finally, Axie Infinity’s AXS surged 8%.
This indicates that the market has already started to recognize the potential in the Metaverse crypto coins and this will be a good opportunity for investors to make a return. As said before, it is better to have a diversified portfolio so it is better to invest in multiple Metaverse crypto coins rather than just one.
What is Metaverse Crypto Coin?
The Metaverse is a virtual universe. Because of this fact, this universe includes virtual items. And, in order to buy virtual real estate, LAND, goods or services in the Metaverse, you need virtual money or cryptocurrency. In short, the cryptocurrencies used in the Metaverse to buy virtual assets is called Metaverse crypto coins.
Metaverse crypto coins are expected to continue growing and gaining popularity over time. Surprisingly, the price of Metaverse coins has been increasing steadily for the past few months. This is a great opportunity for new investors in the crypto market to get a share of these crypto projects with a lot of potentials. If you can get an early start investing in Metaverse crypto coins, you will be able to maximize your profits.
So, if you would like to invest in the abovementioned Metaverse crypto coins, do not hesitate and start buying some. However, we suggest you do your research before making any investment decision. You could use this article as the starting point of your research.