Metaverse coins are all the hype in crypto these days. As traders are looking to capitalize off the new trend, the next question is where to buy Metaverse coins?
Since Crypto.com is one of the most popular apps, especially for those new to cryptocurrency trading, we hand picked a list of 5 awesome Metaverse coins that are available to buy on Crypto.com right now! The list below is ordered by the market cap of each project, lowest to highest.
- 1 #5 Gala Games (GALA) – $1.7 billion
- 2 #4 Enjin Coin (ENJ) – $2.6 billion
- 3 #3 The Sandbox (SAND) – $3.6 billion
- 4 #2 Decentraland (LAND) – $7.1 billion
- 5 #1 Axie Infinity (AXS) – $7.6 billion
- 6 Conclusion
#5 Gala Games (GALA) – $1.7 billion
Gala Games was founded in 2020 and is one of the best GameFi projects on the market. As the name suggests, Gala Games is a blockchain-gaming development company. It focuses on building games that people actually want to play. They accomplish that by keeping all the technical blockchain stuff hidden, which is perfect for non-technical users looking to get their foot in the door.
Gala’s price has been the top gainer on Crypto.com this week, showing the strong support that the project has been receiving from the crypto community. Moreover, the team recently announced that one of their games, Town Stars, will allow users to stake their coins in exchange for rewards.
Reaching a market cap of over $1.7 billion in a little over a year, GALA is a unicorn in the Metaverse space. The long term outlook on GALA is extremely bullish, especially as they release more games in 2022.
At the time of writing, GALA is trading at $0.25, up 20% in the past 24 hours.
#4 Enjin Coin (ENJ) – $2.6 billion
The Enjin Network is an all in one platform that makes it easy for developers to build decentralized applications. With Enjin’s latest product, Efinity, it aims to develop a new blockchain that will help developers integrate with the Metaverse.
Earlier this month, Enjin announced their $100 million Efinity fund that’s aimed at supercharging the development of their new decentralized Metaverse.
After setting itself as one of the leaders in NFTs, the market is excited about Enjin pivoting towards Metaverse applications. Enjin is a great long-term hold that can easily double or triple in price next year, assuming the team delivers as they’ve done in the past.
At the time of writing ENJ is trading at $3.11, up 5% in the past 24 hours.
#3 The Sandbox (SAND) – $3.6 billion
The Sandbox is a virtual Metaverse that allows players to build, own, play, and monetize their own plots of land. It’s by far the most anticipated Metaverse on the market right now, with the alpha version of the game planned to be released on November 29th of this year. If the Alpha release goes as planned, there’s no doubt that SAND price can easily double or triple by the end of the month.
As the name suggests, The Sandbox offers more than just a playable Metaverse. It offers tools that allows players to build their own games, a full fledged marketplace with NFTs, and a special editor that allows you to create and export your art anywhere.
As the most anticipated project on the market, if you’re looking to place a short-term bet of a few weeks, I would recommend SAND. As mentioned previously, if the alpha release in 2 weeks goes as planned, December can be a very hot month for The Sandbox.
At the time of writing SAND is trading at $4, up 3% in the past 24 hours.
#2 Decentraland (LAND) – $7.1 billion
My personal favorite is Decentraland. It’s the perfect project for those new to cryptocurrency in general and want to get their foot in the door with Metaverse applications.
Decentraland is a 3D virtual Metaverse that features a wide variety of places that players can visit and interact with. You can find anything from casinos, to amusement parts, galleries, and much much more.
Decentraland has been open to the public since 2020, and in recent news the government of Barbados announced that they’re opening a virtual embassy in Decentraland.
As the Metaverse hype continues though 2022, Decentraland will continue to see an increase in userbase. As such, the long term outlook for MANA is extremely bullish, and makes for a great pick.
#1 Axie Infinity (AXS) – $7.6 billion
No Metaverse coin list can be complete without mentioning Axie Infinity – an NFT-based online video game where players can breed, buy, sell, and fight with cute monsters called Axies.
It’s one of the most popular blockchain games on the market and has been live since 2018, today it’s one of the most expensive NFT collections on the market.
While Axie Infinity has been on the market for quite some time, their highly anticipated Battle V2 game is scheduled to be released in May 2022. That’s a big reason that the market continues to show bullish support for AXS, and why Axie Infinity has the highest market cap of any Metaverse projects.
With the upcoming release of Battle V2, Axie Infinity makes for a great long-term pick for 2022.
At the time of writing AXS is trading at $125, with a 24 hour trading volume of $666 million.
All the Metaverse coins listed above are available to buy, sell, and trade on Crypto.com. If you’re looking to capitalize off crypto’s latest hype, any of the projects listed above make for a solid pick.
While crypto markets are going through a rough couple days, December is known to be one of crypto’s hottest months. This means any of the coins above can still easily double or triple in value by EOY.
Disclosure: This is not trading or investment advice. Always do your own research before buying any cryptocurrency.
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