Metaverse is one of the hot topics in the market now, and here are the best cryptos to invest in.
Metaverse is quickly garnering the attention of tech and crypto investors worldwide. These cryptocurrencies have the potential to change how brands can interact and engage with audiences. Since these coins are fairly new, the prices are quite low and have plenty of room for growth, which makes them better than any other large-cap cryptocurrencies.
At the same time, this does not mean that all the metaverse coins are worth your money. Here are the top 5 metaverse cryptocurrencies that can outperform Bitcoin in 2022.
Axie Infinity (AXS)
With upcoming partnerships and updates in the pipeline, AXS has the potential to outperform Bitcoin in 2022.
Axie Infinity is one of the top metaverse gaming cryptos that features in-game characters called Axies. Axies are Pokemon-like creatures, basically NFTs that players can buy, breed, and trade. Moreover, the game also features virtual real estate that draws even non-gamers to the platform. Players can make in-game purchases, stake their coins, and participate in community governance using AXS tokens.
AXS has grown tremendously since its inception. In 2021, the platform had almost 1.5 million active players around the world, with sales that peaked at $2.05 billion. Axie Infinity is one of the top 5 metaverse cryptos that can outperform Bitcoin in 2022 as its Builder's Program aims to support the development of additional gaming functionality within the Axie Infinity ecosystem. Additionally, all the community developers who are not accepted into the official Builders Program can build and monetize Axie Infinity experiences by accepting certain guidelines.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
RedFox (RFOX)
RFOX aims to build immersive metaverse experiences for its players, making it one of the top 5 metaverse cryptos that can outperform Bitcoin in 2022.
RedFox combines finance, gaming, NFTs, e-commerce, and retail tools with virtual reality and offers unique benefits to businesses, creators, and the general public. The company behind the RFOX crypto has grown tremendously since its inception, with support from several bold venture development and acquisitions. It specializes in technology that creates a VR space for retail.
Users can receive the RFOX cryptocurrency within its ecosystem by using the unique RFOX ID. Yet another unique aspect of the token is that it is a multichain asset for the Metaverse.
RFOX VALT has recently disclosed a new virtual land sale in a quarter within its metaverse, known as the Arkamoto, a gaming-inspired hub. Moreover, by incorporating RFOX VALT and Callinova Auction, RedFox aims to propose an interesting shopping experience for its users.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Gala Games (GALA)
There are some great milestones in the pipeline for Gala Games, solidifying its position as one of the top metaverse cryptos. It is one of the top blockchain-based play-to-earn gaming platforms. It allows players to earn GALA tokens for performing in-game milestones and trade non-fungible tokens on exchanges or even in the game itself. Gala Games garnered massive attention in 2021 and was one of the best-performing metaverse cryptos in the market.
The purported goal of the platform is to create blockchain games that people enjoy playing. Instead of pumping thousands of dollars from users through required in-game purchases and upgrades, GALA allows gamers to earn digital funds and secure NFT assets with inherent value while they are playing. Thanks to its game-changing business model, GALA has plenty of room for growth and has the potential to outperform Bitcoin in 2022.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Sandbox (SAND)
The top crypto metaverse project, the Sandbox, has shown impressive performance recently.
Users can create amazing gaming experiences and monetize their content using The Sandbox's virtual gaming world. Its token SAND has attracted the attention of several investors and has a hundred sales every single minute; therefore we believe that it is one of the top 5 metaverse cryptocurrencies that can outperform Bitcoin in 2022.
The platform has recently partnered with Lionsgate to create a “Hellboy” themed metaverse destination. Also, the cryptos have several partnerships with established companies like Adidas, which are the key catalyst for its adoption and popularity.
Partnerships aside, the main goal of Sandbox is to introduce blockchain technology into mainstream gaming and pioneer a community-first approach to creating and growing projects. The game is also rediscovering the metaverse through virtual reality. Further, SAND’s play-to-earn model allows users to be players and creators, making it a highly engaging platform.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
SushiSwap (SUSHI)
SushiSwap network has a steady increase in its activity, making SUSHI a good buy now.
The network’s popularity has increased dramatically and has become a household name within the DeFi community. It is specifically optimized for traders in the subsector. Crypto is an automated market maker that uses smart contracts to generate a digital assets market, allowing anyone to swap cryptocurrencies seamlessly. The network addresses the liquidity issues within the blockchain sphere and offers several important tools to improve users’ experiences.
Additionally, SushiSwap also offers an innovative NFT marketplace known as Shoyu. With a robust and aesthetically beautiful platform, Shoyu has positioned itself as one of the leading platforms in the NFT sector that helps emerging artists and creators enter the non-fungible space. SUSHI has the potential to overcome Bitcoin in 2022 with its upcoming partnerships that would help the crypto in expanding its network reach.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
With Bitcoin running low, the best options for investors to reap good profit are metaverse coins. The above-mentioned are the top 5 metaverse cryptocurrencies that can outperform Bitcoin in 2022 as they have proven their potential through performance, popularity, and significant utilities.
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