by Aratrika Dutta
April 2, 2022
Recently, Metaverse cryptocurrencies have been on the rise, delivering massive returns to their investors this year
Metaverse is making headlines in the tech space, there is a boom in Metaverse crypto projects, each looking to shape the future of Metaverse cryptocurrencies and the nature of digital real estate. It is a collision between the digital and physical worlds when virtual reality and augmented reality bridge the gap and allow the physical and virtual worlds to interact closely. Recently, Metaverse cryptocurrencies have been on the rise, delivering massive returns to their investors this year. Blockchain and NFTs are seen as an important aspect of the nascent metaverse ecosystem. There are many metaverse cryptocurrencies that anyone can buy. Here is the list of top Metaverse cryptocurrencies which are most traded so far in 2022.
Decentraland defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience and monetize contempt and applications. In this virtual world, users buy plots of land on which they can then browse, build and monetize. So far, it is one of the most traded Metaverse cryptocurrencies in 2022.
The sandbox (SAND)
The Sandbox represents a solid investment in March 2022 as it has applied blockchain technology to a massive global market such as the gaming industry and is all about decentralization. The Sandbox is a virtual world where gamers can build, own and monetize their gaming experiences on the Ethereum blockchain using the SAND token. Players can create digital assets in the form of non-fungible tokens (NFTs), upload them to the marketplace, and integrate them into games with Game Maker.
AX INFINITY (AXS)
Axie Infinity is the largest Metaverse cryptocurrency that has already attracted over 3 million active players to the platform. Axie Infinity has become well known among other gambling games to win as a currency that provides a source of real income to its players. As of March 2022, Axie Infinity (AXS) is available to trade on many exchanges, including major exchanges like Binance, Huobi Global, Coinbase, FTX, Bithumb, KuCoin, Gate.io, and Kraken.
Enjin Coin (ENJ)
Enjin Coin has real-world applications and is also focused on the gaming industry. In addition to focusing on revolutionizing the gaming space by driving a gamer-driven economy, the NFT token also enables tokenization and the subsequent transfer of game assets across multiple platforms. This Ethereum-based network is currently planning to expand to the heterogeneous network called Polkadot to avoid the high gas fees accompanied by the ETH network.
The meta-hero (HERO)
HERO provides 3D scanning network and sculpting services, as well as in-game character production. Its 3D scanning technology reconstructs real-world objects, including humans, into ultra-high-definition avatars. They have already decided to switch to 16k ultra-HD scanners. It can also be bought or sold in cryptocurrency.
Epik Prime (EPIK)
Epik is a pioneer of early games. Among its 300 customers is an A+ game studio. Epik is a leading digital agency that has already created multi-million dollar drops in gaming. Its Blockchain-powered gaming experiences and NFTs are conceivable. It is also one of the most traded Metaverse cryptocurrencies today.
Seventh Main Street (HIGH)
HIGH is a Metaverse crypto project where players have the opportunity to win. This project is unique in that it is both virtual and physical. To earn tokens, the player can simply play the game and complete tasks. NFTs are used in virtual settings on HIGH. Cleverly designed bond curves generate quick liquidity.
SushiSwap is home to a popular decentralized exchange that allows users to buy and sell digital currencies without the need for a centralized third party. This popularity has since allowed SushiSwap to surpass a market capitalization of US$500 million in early 2022. That said, SushiSwap has since expanded its business model by creating an NFT marketplace in conjunction with the Metaverse.
Star Atlas (ATLAS)
Star Atlas is a VR game for the next generation. The Solana blockchain serves as the basis for Star Atlas. It can be used to purchase digital assets such as ships, crews, land, and equipment. SOLANA is the main prize in the game. Solana is known as the Ethereum Slayer. There are no sky-high gas prices or scalability issues. It can be bought or sold to the FTX cryptocurrency.
BLOK is one of the most traded Metaverse cryptocurrencies. BLOK members can create their avatars, participate in social activities, learn more about cryptocurrency and trade it as well. Real-time 3D production engines are also used in the best virtual reality visual effects. The Polygon blockchain serves as the basis for Bloktopia.
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