In this guide, we will introduce you to what we consider the best next cryptocurrencies to explode this year. These have proved to be the most resilient and are hugely promising. They, therefore, are expected to have the swiftest rebound. They have also performed exemplarily well in the past, and all these, plus their solid fundamentals, are expected to fuel their future growth.
Read on to learn more about these metaverse coins, how to find the ones that align with your investing goals, and where to buy them.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
In the sections below, we will be discussing these next metaverse cryptos to explode in detail. We will tell you what makes them stand out and why they are worth buying at the moment. We will also tell you how to find these metaverse tokens, where to buy them, and provide you with a step-by-step metaverse crypto investing guide.
A Closer Look At Top Metaverse Coins To Explode In 2023
When vetting popular metaverse cryptos looking for the ones with the highest potential to explode soon, we paid special attention to a few critical factors. First, we looked at their historical price action and examined their future outlook. We looked at its roadmap, its community/user numbers, and its ease of use. But even more importantly, we looked at the richness of the metaverse, the usefulness of the blockchain in which it is hosted, and that of its integrated crypto products.
Here is an overview of all the best next metaverse cryptocurrencies to explode this year.
Decentraland (MANA) – The Best Next Metaverse to Explode in 2023
At the top of our list of the best metaverse crypto to buy right now is MANA – the native token for the Decentraland metaverse. Launched in 2018 and housed on the Ethereum network, Decentraland presents its users with a play-to-earn and passive investing platform. Investing in involves buying a LAND – a real estate NFT on Decentraland’s virtual world that you may then develop or hold for speculation purposes.
Decentraland has been widely adopted by both individual crypto investors and institutions interested in crypto. Such global brands as Samsung, Coca-Cola, Dominos, Adidas, Heineken, Starbucks and more have all purchased virtual land on Decentraland’s virtual world. This has turned a lot of crypto community attention to the metaverse, and the development of these lands is expected to drive MANA token prices even higher.
Several factors helped convince us that Decentraland is the best next cryptocurrency to explode worth buying right now. First, it has performed exemplarily well in the past and also proved its resilience and sustainability. Secondly, Decentraland has a large community of backers (namely MANA token traders and LAND investors).
We also expect a lot of developments in this metaverse moving forward – especially the introduction of new P2E games, the development of LAND, and the introduction of more NFTs. And they all, plus a recovering crypto market, are expected to trigger a swift rebound and exploding prices for MANA tokens.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Sandbox (SAND) – Immensely Popular Metaverse with a Promising Future
The Sandbox is also one of the most popular metaverse projects. It launched in August 2020 at an ICO price of $0.0083 per SAND token and quickly rallied 101000% to set an all-time high of $8.44 in November 2021.
This was followed by a 90% value drop throughout 2022 triggered by a crypto market crash and an extended bear period. We, however, are confident SAND price will rebound and rally past its current all-time high over the next few months when the market recovery begins. This makes one of the best next metaverse cryptos to explode.
But the promise of a swift rebound is far from being the only reason why The Sandbox metaverse crypto is worth investing in right now. We also feature it here because it is massively resilient, has a hugely promising future, is built on a sustainable business model, and has a fast-growing user base.
The Sandbox encompasses a virtual world where you can buy, sell, and develop pieces of real estate. Notable global brands have already acquired pieces of NFT land in The Sandbox metaverse – including Warner Music Group, Adidas, Gucci, Unisoft, The Walking Dead Franchise, Samsung and even PricewaterhouseCoopers.
Moving forward, we expect these brands to develop their virtual real estate with more buying in. We also expect The Sandbox to introduce more play-to-earn games, to re-invigorate the NFT marketplace, and integrate further into Web3. All these and a recovering crypto market will trigger a rebound for SAND, and it will possibly rally past its current ATH.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Axie Infinity (AXS) – Overall Best Play to Earn Metaverse
Axie Infinity is a gaming metaverse built on the Ethereum blockchain. The game was created in 2018 though the AXs token ICO was held in November 2020. The Axie Infinity game became wildly popular in the second half of 2021 and was, at some point during this period, one of the fastest-growing metaverse projects.
By the time the token price peaked at $165 in November 2021, AXS was trading 165000% above its ICO price. The live monthly players, on the other hand, peaked at 2.78 million in January 2022.
As the crypto market crashed and entered into an extended bear territory throughout 2022, Axie user numbers dropped, and AXS token price dipped by more than 95% to enter 2023, trading around $6.
But Axie Infinity remains one of the most popular play-to-earn games in the cryptoverse – with more monthly active users, oscillating between 400,000 and 600,000. It has also introduced multiple other passive income generators for its clients. These include a highly active NFT marketplace, NFT Axies used in the Axie Infinity game, NFT real estate in the Axie Infinity virtual world, and the lucrative Axies breeding program.
The fact that you don’t even need to invest in own Axies to start playing and earning, as well as the user-friendly nature of the game, have made Axie Infinity massively popular in the crypto community. These, fulfilment of the Axie Infinity roadmap and a recovering crypto market, are all expected to trigger a swift rebound for AXS. These are also the factors making Axie Infinity a popular next metaverse crypto to explode.
SHIB The Metaverse (SHIB) – Newest and Fastest Growing Metaverse
SHIB The Metaverse is the newest addition to the SHIB ecosystem – home to one of the most popular meme coins in the world – Shiba Inu. Launched at the onset of the second quarter of 2023, SHIB The Metaverse is relatively new and full of promise – which makes it a top contender for the position of the best next metaverse to explode.
The metaverse will also be the first and most prominent project built on SHIB’s own blockchain – The Shibarium network. Like most other metaverse in this list, it promises to be home to a play-to-earn gaming environment as well as virtual land that could be traded as NFTs.
More than SHIB The Metaverse’s promising future, four key factors had our analysts convinced that Shiba Inu could be the next metaverse crypto to explode before the end of the year. First, we recognize SHIB's rich ecosystem. In addition to the flagship Shiba Inu meme coin, it is home to two other massively popular joke currencies - LEASH and BONE. In addition to this, The SHIB development team has also launched a fast-growing decentralized exchange - the ShibaSwap.
Other products integrated into the Shib ecosystem include a collection of NFTs named Shiboshis and a liquidity mining platform referred to as Dig Liquidity Pool. It is also home to a staking and yield farming platform - referred to as the Bury Stake platform and has also launched a DAO - the Doggy DAO- that lets users participate in making major decisions affecting the SHIB ecosystem.
Secondly, we recognize the innovativeness of the SHIB ecosystem development team. We expect them to continue launching more products that enrich this ecosystem. Over the next few months, for example, we expect them to launch a stablecoin.
We also recognize the role that Shiba Inu's massive following has played in the development and popularization of this ecosystem - especially the 4 million followers on Twitter and Reddit. These have played a vital role in populating all of the SHIB ecosystem products and artificial price pumps that have sent their prices to record highs.
A more enriched ecosystem, sustained innovativeness, a growing and highly active Shib Army and a recovering market are all expected to help trigger a price run for Shia Inu.
Tamadodge (TAMA) – Popular Metaverse With a Huge Rebound Potential
Tamadodge is a relatively new metaverse, having gone public in the last quarter of 2022. Like the majority of the metaverses in this post, Tamadodge presents users with a virtual world as well as a play-to-earn gaming environment. Both are passive income-generating opportunities as you can invest in or buy and sell pieces of the virtual world. Alternatively, you can rear TAMA NFTs and use them to participate in battles for a chance to win TAMA tokens.
But these aren’t the only factors making Tamadodge the next metaverse to explode this year. It also makes it here because of its rapidly growing popularity. This community of traders, virtual real estate investors, and gamers are expected to play a central role in popularizing this metaverse and driving up the TAMA tokens value.
We can also credit Tamadodge’s upcoming popularity and token value to its rich ecosystem. It already runs a suit of mini-arcade games and has already launched four games, i.e. Super Dodge, Rocket Dodge, To The Moon, and Tamadodge. It also promises to be one of the first and most popular social metaverses – allowing for smooth interaction between Tamaverse users.
Two key factors convince us that Tamadodge could be the next metaverse to explode. First is the rapidly growing ecosystem and community. The introduction of more games and more products to the Tamaverse as well as its growing popularity, are all expected to drive the value of TAMA tokens up drastically. Secondly, we appreciate that TAMA tokens are selling for cheap and that Tamadodge is still a low-cap metaverse with enough room to grow. These, plus a recovering crypto market, will send TAMA token prices skyrocketing.
Enjin Coin (ENJ) – Grossly Undervalued Metaverse Set to Explode Soon
Enjin already enjoyed a massive following long before it was turned into a crypto project. It started as an online game in 2009, and by the time the Enjin blockchain launched in 2018, it had onboarded more than 20 million users. This off-chain success would play a critical role in helping with the swift adoption of Enjin and the Enjin coin.
It can, for instance, explain ENJ coin’s fast listing with all the popular crypto exchanges. It also explains Enjin blockchain’s popularity with leading brands – internationally. These range from Samsung, Microsoft, Ubisoft, Unity, and BMW. The Enjin blockchain has hundreds of thousands of users who are creating, promoting, storing, and trading NFTs on the platform.
Despite such an active support base, a solid roadmap, and a hugely promising future – the ENJ Coin remains grossly undervalued. The Enjin metaverse is also low-cap, with a lot of room for growth. This explains why it features in our list of the top metaverse coins to explode.
Enjin is a platform where virtually anyone can create NFTs, store them, and promote their own NFTs. It targets brands looking to take advantage of the blockchain revolution – allowing them to create a virtual store where they can create and monetize NFT replicas of their real-world products. It also offers an NFT store and marketplace for gaming NFTs.
The expected ENJ coin price rally will most likely be triggered by a recovering crypto market. But such factors as a growing community of NFT traders/investors, the onboarding of more brands, a revived NFT craze, and increased interest in play-to-earn games are expected to play the greatest role in fueling explosive price uptrend for ENJ coins.
Battle Infinity (IBAT) – Fast-Rising Metaverse Game Token to Buy and Hold
Next on the list of best metaverse tokens to explode over the next few months is Battle Infinity gaming metaverse and its native token IBAT. It, too, is a relatively new blockchain project that has received swift adoption in the crypto community. The blockchain and its gaming platform have not only recorded incredible growth in user numbers over the past few months, but exchanges have also been swift in listing their native IBAT token.
That it achieved such a fete at the height of an extended bear market convinced us that it was ready to explode – which explains why it features in our list of the best next metaverse cryptos to explode this year.
But it also makes it here because it presents its platform users with multiple income-generating opportunities – which explains its growing popularity. First, you get to earn IBAT tokens when you engage in different play-to-earn games hosted on this platform. You can also make money when you mint, sell or trade NFTs on the platform. You could also hold speculative investments in the form of virtual real estate when you invest in pieces of land from the Battle Infinity virtual world. Alternatively, you stand to earn passive income in the form of interest when you stake supported cryptocurrencies in its DeFi area.
Other factors that helped Battle Infinity feature in our list of the popular metaverses to explode over the next few months include its solid reputation. It is one of the few audited metaverse projects. Not forgetting that the IBAT coin has posted stellar price action in the past.
At the forefront of fueling IBAT’s upcoming price action will be the metaverse’s growing popularity and user base. We also expect the listing of the token with more exchanges, a revived NFT craze, and a resumed price rally to also help in pushing up this uptrend.
Otherside (APE) – Invest in the Largest Metaverse Coin by Market Cap
Otherside is an immensely popular metaverse and home for equally popular and widely supported meme coin – ApeCoin. It is also closely associated with two of the largest and most valuable NFT projects – BAYC and MAYC. These – by extension – have made Otherside the largest and most valuable metaverse – by market cap. The development of this metaverse was made public in early 2022 and still is under development.
Several factors have our analysts and the larger crypto community convinced that Otherside could be the next metaverse to explode. First is the massive reception it received from the crypto community, who are still waiting to pounce on the many products expected to launch on the platform. Second is the rich Otherside ecosystem. Otherside is part of a rich blockchain ecosystem that comprises one of the most popular meme coins, two of the more popular NFT collections, and a soon-to-launch blockchain mainnet.
But even more importantly, Otherside stands to benefit from Apecoin and BAYC/MAYC NFT collection’s massive community of followers. These crypto projects are, for instance, followed by millions of users across different social media platforms. This community integrates regular crypto/NFT traders with celebrities like Snoop Dogg, Eminem, Madonna, Mark Cuban and more. Brands like Gucci have also expressed interest in investing in the platform.
We believe that this ecosystem’s growing popularity, the onboarding of more brands, enrichment of the Otherside metaverse, community hype, and a resumed NFT/meme coin craze will trigger a price run for Ape coins.
Wilder World (WILD) – Low Cap Metaverse Token to Buy Now
Wilder World has often been described as the 5D metaverse and one of the most photosynthetic cryptoverses around. It launched in the summer of 2021 at the height of the crypto boom and received a lot of attention from the crypto community because of its innovative approach to blockchain technology. It, too, has a play-to-earn gaming platform that lets you earn when you compete in a race comprising 5D-engineered race cars.
But the play-to-earn platform isn’t Wilder Wild’s main attraction. Rather, the metaverse has become wildly popular because of its artistry and the quality of products generated here. It allows most of its platform users to create, buy, and sell virtually anything on its NFT marketplace. This makes it uniquely positioned to attract any product designer or developer to create virtual copies of their real-world products that they may trade on the Wilder World NFT marketplace.
We feature its WILD token among the next metaverse coins to explode because, having launched so close to the peak of the crypto boom, its value gain was short-lived. One may even argue that WILD never peaked in 202 as the crypto market collapsed and took it down way too soon. As soon as the market recovery kicks off, therefore, we expect WILD to resume this rally to the top.
The onboarding of more brands to the Wilder World metaverse, the introduction of more play-to-earn games, a growing community, and a revived NFT craze are also expected to fuel this uptrend.
Star Atlas (ATLAS) – Most Popular Metaverse Project on the Solana Ecosystem
Start Atlas is a virtual gaming metaverse set around space exploration themes. It is also a multi-player gaming online game built on Unreal Engine 5 and hosted on the Solana blockchain. Launched in 2021, Star Atlas has morphed into one of the most popular multi-player blockchain gaming platforms. That it is also hosted by one of the fastest growing blockchains – Solana – has also contributed immensely to its growing popularity and ATLAS token’s stellar price action.
Star Atlas’ popularity can also be attributed to the investing and earning opportunities available on this metaverse. You, for instance, get to make money when you engage in different space battles and win. You could explore the different stars in the galaxy where you can mine rare resources that you can sell on the NFT marketplace. You also stand to make money when you buy and sell battle star ships on this platform.
But what makes ATLAS the next metaverse crypto to explode in the next few months? Like all other metaverse tokens discussed here, we believe that ATLAS’ uptrend will be triggered by a recovering market. You can then expect Solana’s growth, resumption of the NFT/play to earn craze, a metaverse craze, and a growing community to play the biggest role in fueling ATLAS’s explosive growth.
Highstreet (HIGH) – Undervalued Metaverse Token to Explode Before the Next Bull Rally
HIGH tokens from the Highstreet metaverse are currently selling for cheap. The metaverse also has a relatively low market cap - below $100 Million. And these can be directly attributed to the 2022 crypto market crash. The only reason HIGH hasn’t bounced back and shot above its late 2021 highs is because of the extended bear market that has taken over the industry. We list it among the popular metaverse cryptos with the highest chances of exploding over the next few months because the crypto has already shown recovery signs.
We also list it here because our analysts believe the metaverse is grossly undervalued and the HIGH token underpriced, especially when you factor in their massive potential. This is evidenced by the fact that the High Street metaverse seeks to create an ecommerce bridge between the physical and virtual worlds. And it currently only targets limited edition products from popular and established brands – though everyone is encouraged to create a store in the metaverse.
But Highstreet doesn’t just cater for this elite crypto community. Its gamified platform is welcoming to all crypto traders and investors. This is made possible by its support for play-to-earn games and the establishment of an NFT marketplace where anyone can buy and trade gaming NFTs.
Mobox (MBOX) – Next Metaverse to Explode With a Rich Roadmap
MOBOX is a GameFi metaverse, implying that it sought to be unique by combining aspects of play to earn games and decentralized finance. The gaming aspect incorporates multiple games play to earn games that involve competing in battles to earn rewards. The DeFi aspect, on the other hand, involves staking MOMO tokens and MOMO NFTs.
When you stake NFTS to the many liquidity pools in this ecosystem, you earn staking rewards paid in MOMO tokens. And when you stake MOMO Tokens, you stand a chance to win unique MOMO NFT mystery boxes. In addition to these, you stand to earn lifetime loyalty from the NFTs you mint on the Momoverse.
These and the fact that Momoverse can be accessed on multiple devices have made it wildly popular in the crypto community. Other factors contributing to this popularity which forms our basis for listing it among the most probable next metaverse to explode in 2023, include the fact that it is also free to play. Not forgetting that it has a solid roadmap and a promising ecosystem.
MyNeighborAlice (ALICE) – Easy and Fast-Rising Play to Earn Metaverse Game
MyNeighborAlice is a farming-themed social metaverse that launched in early 2021. Like most other metaverses discussed hereinabove, it too combines play-to-earn games and virtual real estate elements. It, however, makes it here because it is also considerably social – allowing the virtual real estate investors on this platform to make friends in this virtual space.
MyNeighborAlice’s popularity has been on an uptrend, fueled by such factors as its user-friendliness and the many income-generating avenues integrated into this platform. These include an NFT marketplace where you can buy and sell pieces of land, Islands and other game items. You can also STAKE Alice tokens and earn rewards, complete different metaverse quests, or charge an access fee to your virtual island.
We feature the ALICE token in our list of the next metaverse cryptos to explode because we expect it to resume its late 2021 price rally as soon as the market starts recovering. It also makes it here because it has a solid roadmark and a rich ecosystem, and its user-friendliness will continue drawing in more gamers and crypto investors.
My Neighbor Alice | Come Farm With Us
Alien Worlds (TLM) – Next Metaverse to Explode with Staking Options
Several key factors help convince us that Alien Worlds - TLM - token could be the next metaverse coin to explode in 2023. First is its beginner friendliness, which promises to play the biggest role in attracting gamers and growing the Alien Worlds community. Unlike some metaverses that require you to buy an NFT before you can start playing, Alien Worlds is free to play.
But it also presents gamers on this platform with multiple income-generating avenues. These start staking options. Here, you can stake TLM tokens to participate in competitive games where you win more TLM tokens, a stake to vote, or a stake to planet DAOs and earn daily TLM rewards. You also get to explore other planets where you can mine rare resources that you can trade as NFTs.
We also feature it here because even with its wildly promising future, a solid road map, and a rapidly growing community, TLM is still grossly undervalued. Alien Worlds blockchain has also remained pretty low-cap as its market cap remained failed to break above $100 Million.
Illuvium (ILV) – Invest in the First AAA Game on the Ethereum Network
Illuvium is a gaming metaverse built on the Ethereum blockchain and has been consistently ranked the first AAA game on the blockchain. The game launched in 2020 and involves roaming around the Illuviam virtually battling other players and collecting Illuvials – which have unique character traits. These are NFTs and can be sold at the Illuvium marketplace.
Illuvium isn’t just popular because of the quality of its game. It is also popular because it presents gamers on this platform with multiple income-generating opportunities. In addition to the game, you could flip NFTs on the Illuvium marketplace for a profit. You could also trade tokens on Illuvium’s decentralized exchange (IlluviDEX) or earn when you contribute liquidity to the platform through staking.
But ILV tokens don’t just make it here because they are native to a popular metaverse. We feature Illuvium in our list of the best next metaverse to explode because it has a sustainable play-to-earn gaming model. We also list it here because it is still a work in progress with a rich roadmap and a full list of hugely promising products.
We also recognize the metaverse coin’s resilience seeing that it has sustained an overall uptrend since its establishment. This and the fact that it currently is selling for cheap makes it the best new metaverse token to watch in 2023.
Mines of Dalarnia (DAR) – Promising Metaverse With Multiple Income Avenues
Mines of Dalarnia – like virtually all the other projects we have discussed so far – is a gaming metaverse. It is a play-to-earn platform that makes it possible for virtually anyone to make money when they complete quests, mine resources in the metaverse, or battle other players.
But it, too, is on a mission to expand its ecosystem by integrating different multiple other products. It has incorporated NFT trade and investing into this metaverse – making it possible For Mines of Dalarnia cryptoverse users to make money when they trade game NFTs or invest in virtual real estate on the integrated NFT marketplace.
Mines of Dalarnia also supports staking. In this case, you can stake to earn rewards in the form of more DAR tokens to unlock more game features or simply speed up gameplay, which gives you access to lucrative mines and other NFT resources. Alternatively, staking will let you participate in the governance of this metaverse through voting.
We feature Mines of Dalarnia among the popular metaverse cryptos to explode over eth next few months because it has a rapidly growing and highly active community. It also makes it here because it has a solid roadmap, is keen on enriching its ecosystem, and it has a small market cap while DAR tokens remain underpriced.
Simulated Game Footage | Mines of Dalarnia
Vulcanverse (PYR) – Penny Metaverse Token Set For Rebound in 2023
Vulcanverse is a metaverse project developed and availed to the public by Vulcan Forged – a blockchain gaming studio. It is a GameFi project, implying that features both play to earn and Decentralized finance aspects of the trade into this platform. It presents the platform users with an arcade of play to earn games. These range from solo to multi-player games that reward you for battling other players or completing quests.
In addition to this, Vulcanverse integrates a multi-feature NFT marketplace where you can buy gaming items for all the games featured on the platform. Seeing that Vulcanverse also features virtual real estate and other items that are also NFTs, you can trade them all here in this marketplace.
In addition to these, you can earn PYR tokens passively when you contribute liquidity to the VulcanDEX – a decentralized exchange built on the Vulcan Forged ecosystem. You also stand to earn competitive interest when you stake PYR tokens on this platform.
We must also recognize that PYR tokens have sustained an overall uptrend since their launch in early 2021. Not forgetting that its community is growing steadily. And these, plus a recovering crypto market, will trigger an uptrending price action for PYR tokens, which explains its feature in our list of the best next metaverse crypto to explode in 2023.
Sushiswap Shoyu (SUSHI) – Promising 3D Immersive Marketplace for NFTs on SushiSwap Ecosystem
SushiSwap is one of the most successful decentralized exchanges and a hard for arguably the largest and most popular DEX –Uniswap. Launched in 2018, Sushiswap has sought to enrich its ecosystem and prove that it is more than a DEX – and will soon be stepping into the metaverse. The first step towards this is the launch of a 3d immersive NFT marketplace for NFTs. This informed our decision to feature its SUSHI token among the best metaverse projects to watch in 2023.
We also list it here because it enjoys a massive following and a rapidly growing community. Not forgetting that Sushiswap has a solid roadmap with hugely promising products yet to be added to its already rich ecosystem. These, a recovering crypto market and growing demand for anonymous crypt products are all expected to play a critical role in driving up the value of SUSHI tokens.
Render Token (RNDR) – Popular Metaverse Offering GPU to Explode in in 2023
Render Token features in our list of the best metaverse crypto to buy right now, even though it is not a metaverse. Rather, Render Token is a distributed GPU rendering network that facilitates the sharing of GPU power. In this case, individuals with extra computing power are encouraged to rent their GPU capabilities and be rewarded with RNDR tokens.
GPU rendering is especially necessary in the age of the metaverse as most of these virtual worlds and play-to-earn games require a lot of computing power to deliver quality visuals. Render Token and its ‘democratized GPU base’ for an ‘open metaverse’ provides a platform where players in this space can rent out GPU space while using RNDR tokens to pay for the service.
Going forward, we expect a recovering crypto market to spur the revival of the metaverse and GameFi crazes. These have the overall impact of increasing the need for GPU power – which increases the demand for RNDR tokens. The fact that Render Token has performed exemplarily well in the past and still maintains an overall positive uptrend has also played a critical role in boosting investor confidence.
Ethereum (ETH) – Home of the Most Popular Metaverse Projects and Coins
We don’t list Ethereum in our list of the best next metaverse tokens because it is a metaverse. Rather, we feature it here because the majority of metaverse we have discussed hereinabove are built on the Ethereum blockchain – or on a supported layer 2 network. The most popular currently hosed on the Vitalik Buterin-led platform include Decentraland, the Sandbox, and ApeCoin.
We list it here because the developments within the memeverse-sphere, especially the NFT, P2E, and DeFi craze – will all have a significant impact on ETH price. A revived NFT or a renewed gamefi trend are beneficial to the Ethereum token as a value gain for their respective tokens almost always translates to an uptrend for ETH token price.
We also list it here because it is one of the most profitable crypto investments in this list. ETH has maintained an overall uptrend since its establishment in 2016 and stormed into 2023, selling close to 400000% above its ICO price – even after losing more than 60% of its value throughout 2022. Ultimately, optimists are convinced that Ethereum’s rich ecosystem will eventually overtake Bitcoin as the most valuable crypto asset in the world.
Should You Invest in the Next Metaverse Crypto to Explode This Year?
Yes, you should consider investing in the next metaverse cryptocurrencies and projects because, in slightly more than a decade that the crypto market has been around, it has outperformed virtually all other investment vehicles. It is also more secure as t is outside of governmental control and is the only asset you can assume absolute ownership and control over.
Here are five more reasons you should consider investing in digital currencies right now:
Buy cryptocurrencies as a way of diversifying your investment portfolio. In fact, financial analysts advise everyone – even the most vocal crypto critics – to convert between 1% and 40% of their portfolio to crypto.
You may also want to invest in crypto if you wish to make outsized gains on your capital. Most of these digital assets have become synonymous with 10X+ gains in a relatively short period of time – which can’t be said of equally popular investments like stocks or real estate.
You may also want to buy cryptocurrencies right now when the market is down, as they are largely undervalued. The market dipped by more than 60% in 2022, so virtually all cryptos are currently selling for cheap. By buying in today, you position yourself for significant gains when the market eventually recovers.
Hedge against inflation
Cryptocurrencies have proven to be effective hedges against such negative aspects of the economy as inflation. Unlike monies saved in the bank or invested in treasuries, crypto investment doesn’t lose value with time.
You may also want to invest in cryptocurrencies because they have proved their resilience. The majority of virtual currencies have proved that every time they dip due to natural market forces, they will always rally back up and shoot to new price records.
Looking at the gains made by early adopters for different coins over the years, you too might be tempted to go hunting for metaverse cryptocurrencies that will explode in 2023. But finding the next big metaverse cryptocurrency to skyrocket isn’t easy and betting on any promising metaverse crypto coin is extremely risky.
Even with an experienced development team and seemingly solid fundamentals, there is no guarantee that it will explode in the next few months - or years. Therefore, even as you invest in the metaverse coins we have listed above or step out to find the next gem, tame your expectations and only invest what you are willing to lose.
How To Find The Next Metaverse Crypto To Explode
There currently are more than 23000 digital currencies. Finding the best investment from such a wide pool can prove overwhelming, especially to novice traders. How, then, do you find the next metaverse coins to explode? Here are a few practical ways of finding the best crypto to buy right now:
Follow industry news
You will want to follow crypto industry news about the trends in this space. But since crypto isn’t as broadly covered in the mainstream media as other instruments (stock and real estate), you will have to contend with legit social media channels, groups and forums. Identify emerging crypto trends and invest in related cryptos.
You may also want to consult crypto and financial experts. These may range from pro investors and investors who offer free crypto investing advice online. They may also include professionals working with crypto brokerages and personal finance consultants who charge a premium for the service.
Conduct own research
If you are fairly familiar with any form of investing, consider using your experience to analyze the crypto market and find promising metaverse coins that appeal to you and align with your investing goals.
Newbie crypto enthusiasts with no trading experience may consider subscribing to copy trading tools. These let you copy the trade strategies of professional crypto investors and mirror them to your crypto trading account.
What To Look for in the Best Metaverse Crypto To Explode
Not all of the best next metaverse coins to explode will appeal to you or align with your investing goals. Furthermore, they all don’t have an equal chance of exploring and growing your portfolio several-fold. In such a case, you need to vet these cryptos to only ensure you invest assets that guarantee maximum returns.
Here are a few key factors you need to consider when looking for the best crypto to invest in 2023.
Check adoption and use cases
First, confirm the usability and adoption rates of the cryptocurrency. In the case of metaverse, tokens ensure that they have a sustainable play-to-earn model and a usable metaverse program. Only invest in metaverse coins that have high adoption rates.
Check community support
You may also want to confirm the level of interest the metaverse project has received from the crypto community. Understand that the more popular a metaverse project is, the higher the level of hype around its tokens, which triggers investor interest
Confirm the tokenomics
Before investing in any cryptocurrency, check its tokenomics and only invest in cryptos with realistic maximum and circulating supplies. More importantly, check the transparency and traceability of its token distribution. Avoid a crypto project if it has a vague token distribution model or if a large portion of its tokens is concentrated in the hands of a few.
Check past price action
You may also want to check how a coin has performed in the past before investing in it. In this case, you will want to assess its resilience by confirming how fast it rebounds after a price drop or crypto market crash. Only invest in a resilient virtual asset.
Such factors as the adoption of the metaverse by individuals and corporates, its roadmap, and the community speak volumes about its future. Only invest in cryptocurrencies with the most promising future.
Assess market performance
Cryptocurrencies do not operate in a vacuum. They will follow the crypto market trends, dipping when the market crashes and rallying when it starts rebounding. The market, on the other hand, is often influenced by the global economy and world politics. Check all these and assess the impact they will have on the market and cryptos to help you determine the best crypto market entry point.
Where to Buy Next Metaverse to Explode This Year
Now that you know what to look for in the best cryptocurrencies, we now need to look at the best places to buy the next metaverse cryptos to explode. We recommend signing up with any of the crypto exchanges we have discussed below:
eToro – Best for user Friendliness and Copy/Social Trading
eToro is one of the oldest and most reputable crypto exchanges out there today. It is also one of the most regulated exchanges, insures crypto deposits, and provides its platform users with free wallet services - making it one of the most reputable crypto exchanges in the world.
But we consider it the best place to buy the next metaverse tokens to explode because of its user-friendliness. This is evidenced by its seamless client onboarding process, highly intuitive trading interface, and quick and smooth crypto buying process. Not forgetting that it is commission-free and maintains a competitive and transparent fee model.
More importantly, we feature it here because it integrates copy and social trading tools in its platform. Social allows for seamless interaction between all eToro crypto exchange users. Copy trading, on the other hand, is a beginner-friendly investing option that lets novice traders make money by copying the trade settings of highly successful investors.
Crypto.com – Best for DeFi Investing and Passive Income Generation
Crypto.com is also an established and highly regulated crypto trading platform. It is one of the fastest-growing crypto exchanges, with over 80 million users in 100+ countries and territories. It is also one of the most liquidity crypto exchanges.
We also list it here because of its beginner-friendliness. Like eToro, Crypto.com has one of the most straightforward client onboarding processes, which ushers you into one of the most intuitive trading interfaces. It, too, has some of the most competitive crypto trading fees and maintains a quick and straightforward crypto buying process.
We also list it here because it integrates DeFi services into its platform. Every Crypto.com platform user is provided with a free DeFi wallet. In addition to keeping their crypto assets safe, the wallet introduces them to a world of decentralized finance where you can earn passively when you stake crypto or contribute to liquidity pools.
How to Buy the Best Next Metaverse Crypto to Explode in 2023
Want to start investing in the next metaverse crypto to explode right now? Follow this step-by-step crypto investing guide that teaches you how to buy metaverse crypto on the all-popular crypto exchange – eToro :
Step 1: Create a crypto trader account
On your browser, open the official eToro website or download the eToro mobile trading app. Hit the “Join Now” icon on either platform and complete the user registration form that [pops up. You will also need to create a username and password for this account.
Step 2: Verify identity
The crypto exchange will require you to verify your identity before you can start buying metaverse cryptos on this platform. Simply supply the exchange with a copy of a government-issued identification document – a driver’s license or passport.
Step 3: Fund this account
Log in to the approved crypto trader account and hit the “Deposit Funds” button. On the funding tab that pops up, choose a payment option and follow the prompts to deposit at least $10 into this account.
Step 4: Identify the metaverse crypto you wish to buy
Once the cash reflects in this account, click on the “Discover” tab to view the financial assets supported on eToro. Choose cryptos and identify the metaverse crypto you wish to buy.
Step 5: Invest in the metaverse
Tap on the “BUY” option against the metaverse token you intend to buy. On the buy tab that pops up, customize the trade by indicating the number of cryptocurrencies you wish to buy or how much you wish to invest in this metaverse token. Then hit the “Open Trade” button to execute this investment.
Conclusion – Next Metaverse Crypto to Explode
There goes everything you need to know about the next metaverse crypto to explode in 2023. We started by saying that they make it to this list because they are largely undervalued, have a massively promising future, and have a rich ecosystem. The adoption and use cases for their metaverse have also been on the rise.
We also told you how to find the best metaverse cryptocurrencies to invest n today. We then highlighted what to look for when searching for the best metaverse token to add to your portfolio before discussing where to buy these assets.
Want to buy any of the metaverse cryptocurrencies that we have discussed above? Follow the beginner's guide to crypto investing that we have outlined above.
FAQs Next Metaverse Cryptocurrency To Explode
Which is the best next metaverse crypto to invest in today?
Our top pick for the best metaverse token to invest in right now has to be MANA – the native token for the Decentraland metaverse.
Which metaverse crypto will explode in 2023?
Given the many factors acting on the price of both the individual crypto coin and the larger crypto market, it is almost impossible to accurately tell which crypto will explode in 2023. The 20 metaverse coins we have discussed above have exhibited signs of recording the highest growth in the coming months.
Where to buy Metaverse cryptos right now?
We would recommend the eToro crypto exchange. It is beginner friendly, operates a highly intuitive trading interface, is transparent with its already competitive fees, and has one of the most straightforward buy crypto processes.
How do I buy metaverse cryptocurrencies?
It is simple. Start by creating a crypto trader account with a reputable exchange like eToro. Verify your identity, fund this account, identify the metaverse coin to buy, and hit the BUY button.
How much do I need to start investing in crypto?
The minimum crypto investment amount required will almost always be set by your preferred crypto exchange. If you wish to buy these assets on eToro, for instance, you will need to deposit a minimum of $10