Top 10 Best Metaverse Cryptocurrencies: There are dozens of Metaverse cryptocurrencies on the market, making it hard for new investors to figure out which projects are the real deal and which ones are fueled by hype. This article looks at our top 10 hand-picked Metaverse cryptocurrencies to watch for in 2022 according the data from CoinMarketCap.
The Metaverse cryptocurrencies listed in this article all have great potential for 2022. As the leaders in the Metaverse space, all the projects have great fundamentals and a good quality product.
For those cryptocurrencies valued under $1 billion, there’s tons of potential for significant price gains in 2022 and beyond. The Metaverse isn’t going anywhere, and as DeFi and GameFi applications continue to innovate, consumers will start seeing more and more revolutionary experiences.
10. Wilder World (WILD) – $263 million
Wilder World is an Ethereum-based immersive 5D Metaverse. It features a fully functional Metaverse marketplace allowing users to purchase various items such as buildings, cars, sneakers, and much more.
WILD is the native token to the Wilder World ecosystem and interacts with their marketplace and governs the Wilder DAO. Wilder World’s mission is to be the first genuinely decentralized and community-led NFT marketplace.
At the time of writing, Wilder World is trading at $3.57, down 21% in the past 24-hours. WILD has a total market cap of $262 million with a 24-hour trading volume of $16.9 million.
You can purchase WILD on KuCoin, Gate.io, Uniswap, and more.
9. UFO Gaming (UFO) – $528 million.
UFO Gaming is a decentralized gaming platform built on Ethereum. The team is looking to bridge traditional games with blockchain technology.
“UFO Gaming will collaborate with traditional gaming companies to integrate them onto the blockchain and develop new blockchain gaming features.”
UFO Gaming features the UFO crypto, the native utility token used in their Dark Metaverse. Each planet in UFO Gaming’s Dark Metaverse will include a unique set of games and allow players to purchase pieces of land via NFTs.
The process is similar to how Decentraland and The Sandbox have it set up, except different planets feature their land markets in separate virtual universes.
At the time of writing, UFO Gaming is trading at $0.00002053, with a 24-hour trading volume of $9 million. There are 25.7 trillion UFO tokens with a market cap of $528 million.
You can purchase UFO on Uniswap, Gate.io, MEXC, LBank, 0x Protocol, ShibaSwap, and more.
8. Illuvium (ILV) – $711 million
Illuvium is an open-world RPG adventure game built on top of the Ethereum Blockchain. The Illuvium Metaverse contains deity-like creatures called Illuvials, which players can discover and collect. There are over 100 Illuvials that populate the alien world, each possessing different attributes and classes.
The Beta version is scheduled to launch in Q1 2022 when players can experience the Illuvium Metaverse for themselves.
In addition, Illuvials features various NFTs listed on Opensea and can be used in the game when it does launch.
At the time of writing, Illuvium is trading at $1,104, with a 24-hour trading volume of $49 million. Its market cap is $707 million, with a circulating supply of 642k ILV.
You can purchase Illubium on Binance, KuCoin, Gate.io, Crypto.com, Poloniex, Sushiswap, OKEx, and more.
7. WAX (WAXP) – $821 million
WAX stands for the “Worldwide Asset eXchange™,” claiming to be the world’s most proven and eco-friendly blockchain for NFTs, collectibles, and video games. It has secured partnerships with big brands like Street Fighter, Saw, Atari, and much more.
WAXP is the native token on the WAX platform, featuring its very own blockchain with a Delegated Proof-of-Stake consensus mechanism.
In recent news, according to a Bloomberg report, Amazon.com Inc is investing in sports-card marketplace Dibbs, which is a real-time fractional card market using WAX’s NFT technology.
There’s no doubt that the recent news about Amazon investing in a company that’s built on top of WAX is a price catalyst for the WAXP token.
At writing, WAXP is trading at $0.4404, down 15% in the past 24 hours. WAXP has a 24-hour trading volume of $91 million with a market cap of $821 million. You can purchase WAX on Binance, Huobi Global, KuCoin, Bithumb, Crypto.com, Bittrex, and more.
6. WEMIX (WEMIX) – $1 billion
WEMIX is a blockchain-based gaming platform developed by WEMADE, a South Korean gaming company operating for over 20 years. One of WEMADE’s most popular games is “The Legend of Mir,” which received over 500 million downloads globally.
WEMIX already has a list of games that users can download via the App Store or Google Play. While their games do contain some bugs, it’s understandable since the team recently started developing blockchain-based games.
At the time of writing, WEMIX is trading at $8.57, down 12% in the past 24 hours. Its market cap is $1 billion with a 24-hour trading volume of $100 million.
You can purchase WEMIX on Bithumb, Gate.io, Bybit, MEXC, Korbit, ZT, and LBank.
5. Enjin Coin (ENJ) – $1.9 billion
Founded in 2009, ENJ is the ERC20 token powering the Enjin Platform. The goal of the Enjin Platform is to:
“make it easy for individuals, businesses, and brands to use non-fungible tokens (NFTs).”
Moreover, ENJ is used to back the value of NFTs minted on the Enjin platform. Enjin is currently focusing on the NFT side of things as anyone can now buy, sell and trade NFTs on the platform. The goal is to make NFTs accessible to anyone and make it easy to participate in the NFT ecosystem.
Efinity is Enjin’s latest project, a next-generation blockchain for digital assets built on Polkadot. Efinity aims to be a hub for all fungible and non-fungible tokens solving the challenge of facilitating the pricing and exchange of NFTs.
At the time of writing, ENJ is trading at $2.31, down 15% in the past 24-hours. Its market cap is $1.94 billion with a 24-hour trading volume of $221 million.
You can purchase ENJ on Binance, Coinbase Exchange, Huobi Global, KuCoin, FTX, Crypto.com, and more.
4. THETA (THETA) – $3.89 billion
THETA is a next-generation video and entertainment blockchain-powered platform. It includes an NFT marketplace and a fully open-source code available on Github.
THETA includes impressive partners for its enterprise validator nodes, including Google, Sony, Samsung, Binance, Blockchain, and more.
According to THETA’s official website:
“The Theta blockchain is the only end-to-end infrastructure for decentralized video streaming and delivery that provides both technical and economic solutions”
At the time of writing, THETA is trading at $3.88, down 13% in the past 24 hours. Its market cap is $3.89 billion, with a 24-hour trading volume of $174 million.
You can purchase THETA on Binance, Huobi Global, KuCoin, Gate.io, Crypto.com, Bithumb, and more.
3. The Sandbox (SAND) – $4.3 billion
The Sandbox is the best-designed Metaverse project on the market right now. It’s built on top of the Ethereum blockchain and features a downloadable PC client that offers unparallel graphics and smoothness compared to other Metaverse coins.
While The Sandbox is very similar to Decentraland, SAND is not limited by the in-browser experience, opening up a whole new level of immersiveness and interactivity for its players.
The Sandbox dominates the markets as their recent Alpha launch allowed players to check out their virtual universe. The hype lived up to expectations as the game is exceptionally well built, reminiscent of a mix between Minecraft and Fortnite.
At the time of writing, SAND is trading at $4.78, with a 24-hour trading volume of $1.3 billion. Its market cap is $4.36 billion, with a circulating supply of 913.3 million SAND.
You can purchase SAND on Binance, Huobi Global, KuCoin, FTX, Bithumb, Gate.io, Crypto.com, Uniswap, and more.
2. Axie Infinity (AXS) – $5.6 billion
Axie Infinity is an Ethereum-based NFT collection game developed by the Vietnamese studio Sky Mavis. It features cute monsters called Axies, which users can upgrade with various attributes and send into battle to earn rewards.
AXS is the ERC-20 native cryptocurrency to the Axie Infinity platform. AXS is used for interacting with the platform, allowing users to buy, trade, and sell their Axies on their NFT marketplace and stake their tokens for rewards.
At the time of writing, AXS is trading at $92.95, with a 24-hour trading volume of $301 million. Axie Infinity has a total supply of 270 million, with a circulating supply of 60.9 million. At the time of writing, AXS’s market cap is $5.66 billion.
You can purchase AXS on Binance, Huobi Global, Coinbase, FTX, Crypto.com, KuCoin, Kraken, and more.
1. Decentraland (MANA) – $5.72 billion
Decentraland is a 3D blockchain-based metaverse built on Ethereum that allows players to buy plots of land and explore the virtual universe. There are a variety of experiences available, such as Casinos, Concerts, Galleries, and much more.
Decentraland has been open to the public since February 2020 and is the longest-running 3D Metaverse project in crypto. The only other project that comes close to what Decentraland has to offer is The Sandbox, currently valued at over $6.9 billion ahead of their alpha launch.
Anyone can check out Decentraland by visiting their official website and connecting using MetaMask. Make sure that your wallet is set on the Ethereum chain, and have fun exploring!
At the time of writing, Decentraland’s MANA is trading at $3.13, with a 24-hour trading volume of $689 million. Its market cap is $5.72 billion, with a circulating supply of 1.83 billion MANA.
You can purchase MANA on Binance, Coinbase Exchange, Huobi Global, KuCoin, FTX, Kraken, Crypto.com, and more.