5 Best Metaverse Altcoins To Buy For High Returns June 2022

Last Updated June 20th 2022
5 Min Read

Invest in these potential altcoins to mark your presence in the Metaverse. 

The 2021 NFT boom has drawn mainstream attention to digital art investments and popularized the crypto metaverse. Today, the metaverse is expanding at an unprecedented rate, and new virtual platforms are created daily. Several metaverse tokens have risen 400% year on year. Investing in this trending sphere would allow you to enter an innovative niche market in its infancy.

If you’re interested in buying cryptocurrencies for the long run, here are the 5 best metaverse altcoins to buy for high returns in June 2022. 

 

Enjin Coin (ENJ)

With planned partnerships and developments, ENJ is one of the best metaverse altcoins to buy for higher returns. 

Enjin Coin is the Ethereum-based cryptocurrency that backs the value of next-generation NFTs. ENJ has seen tremendous growth since the beginning of last year. The ERC-20 token has a strong focus on blockchain gaming and is the largest gaming network, with over 250,000 users. Gamers on the platform only have to pay lower fees and are completely protected from fraudulent activities.

Enjin plays a key role in the gaming industry and aims to increase the revenue of the gaming business, giving them a competitive advantage. Investors are more interested in the technicalities of the coin. Moreover, the crypto has gained massive popularity as millions of people use Enjin’s products to manage, create and trade fungible and non-fungible tokens. The network also has a more eco-friendly design and released a five-step plan to enable carbon-neutral NFTs by 2030, making it one of the top metaverse altcoins to buy now.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Sandbox (SAND)

The Sandbox’s growing user base makes it one of the best metaverse altcoins to buy now. 

Sandbox is built on top of the Ethereum blockchain and helps users to build, earn, and trade in-game items. In addition, it allows users to create non-fungible tokens to use in the virtual world. SAND has become one of the world's most valuable coins with its potential real-world utilities. 

The SAND token has seen a considerable and noticeable rise in value recently, leaving many to wonder if gaming could be one of the most effective places for cryptocurrency to be used. Creating a unique entry point into the metaverse, SAND allows users to engage with their creations and even earn tangible rewards through creating games for others, playing games made by others, or contributing to others' games with interesting assets. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Axie Infinity (AXS)

The massive popularity of Axie Infinity is attributed to the platform’s wholesome approach to the gaming world.

Axie Infinity is a blockchain-based game that allows users to purchase non-fungible tokens of Pokémon-like monsters and fight against each other in battles. Axie Infinity Shards is the token behind the play-to-earn blockchain game Axie Infinity. This blockchain-based trading and fighting game permits players to collect, breed, raise, fight and trade adorable creatures called Axies, which are also NFTs that can be used in gameplay or monetized in a marketplace. The platform is partially owned and operated by its players. 

Axie Infinity stands out from traditional gaming in a significant way by providing ownership. AXS is one of the 5 best metaverse altcoins to buy for high returns in June 2022 as it has not only moved a conventional game to the decentralized blockchain world but also infused it with the play-to-earn model.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Decentraland (MANA)

Decentraland is one of the best Web 3.0 altcoins to buy for high returns in June 2022. 

Decentraland was able to get a major head start in the Metaverse race since its inception. Built on top of the Ethereum blockchain, the leading metaverse project offers users from all over the world a virtual gaming experience. Users can also create, experience, and monetize content and applications.

The native token MANA has risen tremendously over the past few years. All the transactions within the Decentraland game are executed in MANA, giving the token a real utility. MANA is certainly one of the 5 best metaverse altcoins to buy for high returns in June 2022, as digital real estate is one of the top investment opportunities worth considering.

Several big names have shown interest and have already started investing in this digital real estate. For instance, JPMorgan, the largest bank in the US, proclaimed that it had created a lounge in Decentraland called Onyx Lounge, making it the first lender to enter the metaverse.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

ApeCoin (APE)

Thanks to increased hype and momentum from the broader crypto market, APE is one of the best metaverse altcoins to buy for high returns in June 2022.

ApeCoin is an ERC-20 governance and utility token within the APE Ecosystem that focuses on strengthening the BAYC community. It’s a decentralized project inspired by Yuga lab's Bored Ape Yacht Club. ApeCoin has been benefiting from the hype and popularity gained from celebrities and investors worldwide. The token’s explosive gains can also be attributed to the rising popularity of the BAYC community and projects. 

Moreover, ApeCoin is attempting to build an ecosystem around cryptocurrency. Moving forward, several services like The MonkeyFirm NFT platform, a decentralized exchange, and play-to-earn gaming projects will use the coin, boosting APE's price and demand. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Bottomline 

The best way for investors to secure their portfolios is to find assets that have solid use cases. Diversify your portfolio with these 5 best metaverse altcoins to buy in June 2022 that can rake in high returns for you. 

Read More:

How To Buy Enjin (ENJ)

How To Buy Decentraland

How To Buy ApeCoin (APE)

What Is The Next Metaverse Cryptocurrency To Explode

7 Best Metaverse Crypto Projects

Top Metaverse Crypto Coins To Buy

What Are The Best NFT Cryptos To Buy Now? Our 5 Top Picks