Metaverse Crypto Coins: A Look at the Rising Stars
The value of Metaverse crypto coins saw a significant surge in late 2021, coinciding with Bitcoin and Ethereum reaching unprecedented highs. As the market begins to stabilize, these coins are now focusing on creating more intricate experiences and applications for non-fungible tokens (NFTs). This article highlights the top five Metaverse crypto coins priced under $10 that are worth monitoring in 2022, listed from lowest to highest price.
#5 Metahero (HERO) – $0.1
Launched in June 2021, Metahero positions itself as a portal to the Metaverse. The project is developing a next-generation Metaverse that allows users to scan themselves and real-world objects into a digital environment. Metahero has teamed up with World Digital World (WDW), the creators of advanced 16k 3D modeling technology, which is utilized by CD Project, the developers of the popular game Cyberpunk 2077. By employing Ultra-HD photogrammetric scanning technology, Metahero aims to onboard the next 10 million users into the Metaverse. Users will have the ability to craft their own 3D avatars, generate 3D NFTs, and use HERO tokens for transactions within the ecosystem. Currently under development, Metahero has also announced the pre-sale of Everdome, which will serve as a platform for their technology to interact and thrive, enhancing the overall Metaverse experience. The integration of a web3 experience in Everdome will attract users seeking a lifelike Metaverse. Given its promising design and vision, coupled with the partnership with WDW, Metahero is certainly a project to watch in 2022. HERO tokens are available for purchase on platforms such as KuCoin and PancakeSwap.
#4 WAX (WAXP) – $0.39
Established in 2017, the Worldwide Asset eXchange™ (WAX) is recognized as one of the premier blockchains for Metaverse crypto coins. Notably, WAX operates on a Proof-of-Stake consensus mechanism, making it the most environmentally friendly blockchain for the Metaverse. The platform hosts numerous games, including Alien Worlds, which stands out as the leading crypto game with over 1.4 million active users in the past month. WAX simplifies the onboarding process for users unfamiliar with cryptocurrency, allowing them to engage with blockchain-based play-to-earn NFT games effortlessly. The WAX cloud wallet enables users to create a cryptocurrency wallet without any technical expertise or installation requirements. The WAXP token serves as the native currency on this platform. Given its popularity and a market cap of $757 million, WAX is poised for potential growth in 2022, especially when compared to the multi-billion dollar valuations of projects like Enjin Coin and Theta Network. WAXP tokens are available for purchase on exchanges including Binance and KuCoin.
#3 Decentraland (MANA) – $2.94
Since its launch in February 2020, Decentraland has emerged as the most valuable Metaverse crypto coin, boasting a market capitalization of $5.3 billion. Interestingly, Decentraland’s MANA token has the highest number of holders, exceeding 198,000 at this moment. As indicated by its name, Decentraland offers a decentralized virtual world where players can explore an expansive universe. Users can visit various attractions and acquire land for customization and monetization purposes. The platform features a wide array of engaging activities, including golf courses, virtual bars, casinos, and more, enabling users to earn coins with real-world value. Many have already begun utilizing Decentraland as a source of passive income. As the leading Metaverse crypto coin, Decentraland is certainly a project to monitor in 2022, as its ecosystem continues to expand rapidly and gain mainstream recognition. Users can explore Decentraland for free by connecting their MetaMask wallets. MANA tokens are available on exchanges like Binance and Coinbase.
#2 Theta Network (THETA) – $4.18
The Theta blockchain represents a cutting-edge platform for video and entertainment, featuring a robust ecosystem of NFTs, decentralized applications (dApps), and more. THETA serves as the native token on this blockchain, boasting an impressive market capitalization of $4.1 billion at the time of writing. The platform has gained popularity among celebrities for launching their NFTs, with Katy Perry recently unveiling her digital collection here. Additionally, Theta offers a streaming service that allows users to earn TFUEL tokens. The network is preparing to launch its TNT-20 token, TDROP, on February 1, 2022, which will introduce decentralized governance through staking. Following significant price increases in 2021, THETA achieved a new all-time high in April. As the Theta ecosystem progresses, it is a project worth monitoring in 2022, as it could gain substantial momentum leading to a potential bull run in the latter half of the year. THETA tokens can be purchased on major exchanges such as Binance and Crypto.com.
#1 The Sandbox (SAND) – $4.78
The Sandbox made its token debut in August 2020 and has quickly risen to become the most talked-about Metaverse crypto coin. This 3D blockchain-based virtual world offers players immersive RPG-style mechanics and high-quality graphics. While similar to Decentraland, The Sandbox distinguishes itself by providing a full desktop client, resulting in a more engaging experience compared to its competitors. The project has garnered significant mainstream attention, particularly from notable figures like Snoop Dogg, who has plans to create the Snoopverse, his own virtual domain. With a valuation exceeding $4.3 billion, The Sandbox ranks as the second-highest valued project on this list and boasts over 96,000 holders, making it one of the most favored Metaverse crypto coins. As the ecosystem of SAND continues to evolve, its valuation could potentially soar to $10 billion. The Metaverse remains in its early stages, and mainstream adoption typically lags behind early adopters. Consequently, SAND is an excellent addition for any Metaverse investment portfolio, with a promising outlook for 2022. SAND tokens can be acquired on various exchanges, including Binance and Uniswap.
Disclaimer
This content does not constitute trading or investment advice. It is important to conduct thorough research before purchasing any cryptocurrency.
