Metaverse bridges the gap between the real and virtual worlds via innovative technologies. While many think that crypto and metaverse are inter-linked; the important question remains is it really so?
Cryptocurrency market and the metaverse are two different things but their interlinking surfaces hope of a decentralized internet controlled by individual users rather than by big companies. Metaverse crypto coins are seen as the future and expected to grow at a rapid pace in the coming years.
Top 10 Metaverse Crypto Coins to Buy in 2023 for Big Gains
Decentraland is the one of the best Metaverse crypto coins that offers limitless customisations. It is built on the Ethereum blockchain. From an investment perspective, it has its very own crypto coin, MANA which gives the token real utility.
After Decentraland, the Sandbox is the best metaverse crypto coin that you should invest in 2023. It was launched before Decentraland with the Sandbox releasing its first game back in 2012. Over time, it expanded and grew more focused towards the metaverse. To note, with just one year of trading in 2021, the Sandbox had increased its token value by over 16,000%.
Axie Infinity is one of the best Metaverse crypto coins for play-to-earn gaming. For the unversed, play-to-earn gaming is a format that gives users the opportunity to earn money as they complete certain tasks. Once earned, it can be represented in the form of a unique NFT, which in turn, can be sold on the open marketplace.
Axie Infinity has its own native token, known as AXS. In November 2021, the token translated into growth of nearly 110,000%.
Also Read: Buying Land In The Metaverse Is Now A Reality
If you are looking for a cheaper metaverse crypto coin to invest in, Enjin Coin would be the right pick. It provides a seamless, user-friendly experience of buying and selling NFTs. Enjin started its metaverse journey in 2021 and raised $100 million. Currently, this to-rated Metaverse crypto coin is trading at a major discount.
All the top-rated Metaverse crypto projects have one thing in common, i.e. they are all built on the Ethereum blockchain. Therefore, it goes without saying that Ethereum should be on the top of your list if you wish to invest in the broader crypto ecosystem.
Ethereum 2.0 further promises stable returns due to the upgrade which ensures increased transaction speed and scalability by a significant amount, while reducing fees to near-zero.
Render Token is best known for providing GPU space to multiple metaverse projects. And, make no mistake about it – Metaverse platforms require a significant amount of GPU space. The token was launched in 2020 at a price of just $0.05. Since then, its value has increased to $8.76.
SushiSwap – Decentralized Exchange Offering an NFT Marketplace via the Metaverse
SushiSwap is another metaverse project to consider while investing in the crypto market in 2023. It is a decentralized crypto exchange offering an NFT marketplace via the metaverse.
Ontology – Scalable Blockchain Network for New Metaverse Projects
Ontology is a China-based blockchain project which was launched in 2017. Its blockchain is capable of facilitating 4,000 transactions per second, and up to 12,000 in certain test environments. In terms of its token performance, it has gone through a major market correction over the last 12 months, going from highs of $2.94 to lows of just $0.40.
Also Read: Been Curious To Access The Metaverse? Here Are The Ways
Wilder World – Low-Cap Metaverse Crypto Coin to Watch in 2023
Wilder World is the best low-cap metaverse crypto coin to buy in 2023. The project is described as a “5D Metaverse built on Ethereum”, that allows users to buy and build a variety of customized in-game items. This includes everything from land, condos, statues, and more.
Bloktopia is an intriguing metaverse project with VR capabilities. Its 3D virtual platform takes the form of a 21-storey building in which users can buy floor space. It allows them to trade, interact and play games with other users in addition to simply learning more about cryptocurrency and blockchain.
P.S. This is not a financial advise, readers are advised to do their own research before any investment. Cryptocurrencies investment are subject to risks.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.