Metaverse coins to keep an eye on before next bull run
The metaverse is buzzing with opportunities and possibilities, and metaverse cryptocurrencies are at the heart of this digital revolution. In this article, we'll discuss about the top 10 metaverse coins to keep an eye on before the next crypto bull run.
Decentraland (MANA):
Decentraland (MANA) is worth considering for investment as it showed resilience over time. Decentraland is a virtual world built on the Ethereum blockchain. The play-to-earn platform is a simulation of real estate business. It enables users to earn MANA through in-game activities like buying and selling lands. The anticipation of future developments in the metaverse, such as the introduction of new play-to-earn games, LAND development, and more NFTs, is expected to drive demand for MANA tokens.
Tamadoge (TAMA):
Tamadoge is also an attractive option for those looking to invest in the metaverse. The play-to-earn gaming enables users to generate passive income through virtual asset investments and NFT battles using TAMA tokens. Tamadodge has an active community of traders, investors, and gamers who are expected to contribute to the metaverse's success and boost the value of TAMA tokens.
Cosmos (ATOM):
Cosmos is specifically recognized for its role as an interoperability network. It is designed to enable independent blockchains to communicate with each other seamlessly. The expectation is that Cosmos will play a significant role in powering the next generation of interoperable metaverses, making it a top contender in the world of future cryptocurrencies.
My Neighbour Alice (ALICE):
My Neighbor Alice is a play-to-earn game that facilitates virtual farming experience. The popularity of this metaverse is steadily increasing for its user-friendliness and the diverse income-generating options. Users can trade land and game items on the NFT marketplace, stake Alice tokens to earn rewards, and charge a fee for their virtual islands. ALICE is very likely to experience explosive growth in future.
Enjin Coin (ENJ):
Enjin, an online game that thrived into a blockchain platform and cryptocurrency project later. It had an user base of 20 million before its blockchain launch. This pre-existing community is one of the reasons that ENJ is considered a popular cryptocurrency exchange nowadays. ENJ is currently trading at a relatively low price which implies that it has ample room for future growth.
Apecoin (APE):
The expectation for Otherside, having a native token named ApeCoin (APE) is set very high, primarily due to Yuga Labs' established reputation for delivering high-quality NFT products.
Otherside stands out in the metaverse space by emphasizing interoperability and combining elements of massively multiplayer gaming with Web3 accessibility. It aims to create a dynamic and immersive digital world where users can interact and participate in various activities.
The Sandbox (SAND):
The native cryptocurrency of The Sandbox, SAND has faced a lot of price fluctuations in past years. It has experienced a 90% value drop in 2022, due to a crypto market crash but experts are expecting that SAND's price will rebound and surpass its previous all-time high once the broader crypto market begins to recover.
SHIB Metaverse (SHIB):
SHIB The Metaverse was launched in the second quarter of 2023 and is positioned as a top contender in the metaverse space. SHIB has a rich ecosystem, featuring not only the flagship SHIB meme coin but also two other popular joke currencies, LEASH and BONE. It includes a decentralized exchange called ShibaSwap and various products. Shiba Inu has a massive follower base with over 4 million followers on Twitter and Reddit. These followers have played a vital role in populating SHIB ecosystem products and have generated artificial price pumps.
Illuvium (ILV):
Illuvium is widely recognized as the first AAA game within the blockchain space. Here, players can profit by flipping NFTs on the marketplace, trading tokens on Illuvium's decentralized exchange (IlluviDEX), or earning rewards through staking by providing liquidity to the platform. ILV tokens have shown resilience and maintained an overall uptrend since their inception.
Axie Infinity (AXS):
Axie Infinity, launched in 2018, boasts a monthly user base of 400,000 to 600,000. Its user-friendly nature and the ability to start playing and earning without an initial investment have contributed to its popularity. Axie Infinity is considered a strong candidate for future growth in the metaverse space.