Most Traded Metaverse Crypto Coins to Look Out For – As projects continue to construct virtual reality settings and integrate them with blockchain technology, metaverse cryptocurrencies are all the rage this year.
Let’s take a look at the best five most traded Metaverse crypto coins on the market, and give you a quick rundown of each one, from lowest to maximum 24-hour trading volume.
1. WEMIX (WEMIX)
WEMIX is a South Korean game studio that was founded in October 2020 with the goal of creating simple-to-play-blockchain-based games. It currently has a large number of titles in development.
Most other blockchains are incompatible with NFT and Metaverse games due to high transaction fees and low transaction throughput. The WEMIX blockchain solves this problem. WEMIX is the platform’s native token, which is used as a native utility token for transactions.
WEMIX just launched the WEMIX auction NFT marketplace, which allows players to buy exclusive and uncommon NFTs that aren’t accessible anywhere else. WEMIX’s proprietary WEMIX wallet is also available on Apple, Google Play, and desktop devices.
In Asian marketplaces, WEMIX has been performing remarkably well and has maintained a strong trade volume for months. This demonstrates WEMIX’s overwhelming popularity and the coin’s enormous long-term potential.
2. MyNeighborAlice (ALICE)
My Neighbor Alice, which will be released in Spring 2022, is a multiplayer building game that will introduce blockchain to millions of players. In the My Neighbor Alice ecosystem, anyone may buy and own virtual land, develop amazing goods, and make new acquaintances.
The game is built on the Chromium blockchain, a relational blockchain that allows users to easily construct decentralized applications that work with Ethereum’s Layer-1 infrastructure.
ALICE is the platform’s native cryptocurrency, which serves as the main utility token for in-game activities. Players can also use ALICE tokens to monetize their virtual islands and generate a passive income.
The project is still in its early phases, with the full game set to launch in September 2022. My Neighbor Alice recently announced an imminent test-net launch in February 2022, making this a project to keep an eye on this month.
3. Enjin Coin (ENJ)
The Enjin ecosystem, which was launched in June 2018, is one of the longest-running crypto projects. It is a highly rated mobile app with over 1.7 million downloads.
Enjin Coin is one of the most popular cryptocurrency launchpads, having successfully launched multiple cryptos with multi-million dollar valuations. Enjin Coin recently moved its focus to the Metaverse by creating the Efinity (EFI) blockchain, which is designed specifically for Metaverse crypto games and immersive experiences.
Enjin is a multi-service ecosystem for developers, enterprises, and individuals. Enjin offers one of the most popular NFT marketplaces on the market, making it simple to create compatible dApps. Enjin also makes it simple for businesses to construct NFTs and launch them on their platform.
4. Theta Network (THETA)
THETA is one of the top NFT drop platforms on the market right now, having launched in 2018. THETA’s world-class collaborations with legendary artists like Katy Perry make it possible for customers to purchase authenticated and exclusive NFTs released by their favorite singers and artists.
THETA is more than just a marketplace for NFTs. In addition, THETA has a Twitch-like streaming platform where viewers and streamers can earn TFUEL tokens for engaging in and viewing content.
Furthermore, THETA is developing its own TNT-20 token standard, which is similar to the famous ERC-20 and BEP-20 token standards. This will allow THETA to start a new token economy on its platform, thereby expanding its ecosystem.
THETA is an undervalued company that will be worth watching in 2022 as they continue to develop and expand their activities. THETA’s recent collaboration with Katy Perry demonstrates the company’s ability to form unique partnerships, which should provide investors with long-term trust in the project and team.
5. Axie Infinity (AXS)
Axie Infinity, which began operations in March 2018, is regarded as a pioneer in Metaverse crypto gaming and has enabled many users to begin earning a living wage simply by playing their game.
Axie Infinity is a 2D in-browser game in which players collect Axies, Pokemon-inspired critters. Players have full control of their Axies, which are tokenized as NFTs.
Players can acquire AXS tokens through fighting battles, defeating bosses, completing missions, and participating in a range of activities. The Axie Infinity platform’s native utility token, AXS, is utilized for transactions, incentives, in-game activities, and more.