Metaverse is certainly the next big trend in the crypto space and the corporate world! With Metaverse altcoins dominating in this sphere and Gamefi rapidly gaining momentum, investors in the crypto community are highly bullish over metaverse altcoins!
This video shall unbox the top five Metaverse altcoins which are likely to rock the crypto space this month, thanks to their growing popularity!
We shall be revealing the best metaverse altcoins which are likely to provide highest returns and awesome gains, so stay tuned!
But before that, a quick disclaimer, this video is meant for only educational and informative purposes, this should not be considered as financial advice. Crypto investments are made on one’s own risk.
So, watch this video all the way through so you don't miss anything.
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Now without further ado, let's get straight to the point.
The metaverse altcoin stealing the show and gaining the first position in our list is unquestionably Decentraland!
Decentraland is definitely on the radar of everyone who is indulged in defi and play to earn gamefi space!
Decentraland is a promising metaverse altcoin that can fetch you appreciable profits. At its core, Decentraland is a metaverse platform built on top of the Ethereum blockchain which allows users to create and monetize digital content using different interactive experiences.
Decentraland facilitates the creation of different interaction apps and implements peer-to peer user communication and in-world payments. ranks as the biggest metaverse cryptocurrency right now, with a market cap of $5.6 billion.
With the investor sentiment being highly favorable incase of Decentraland (MANA), the price of the token shot up by over 50% in early 2022 and is likely to increase significantly in future.
Decentraland is not only the biggest metaverse cryptocurrency but also boasts of being the first fully decentralized virtual world.
In this interactive platform users can monetize their LAND by developing interactive games. Decentraland's native MANA token is the currency used throughout the metaverse. MANA can, be used to buy LAND, to purchase avatars, names, wearables, and other items in the Decentraland marketplace.
Decentraland sponsored espresso carts. Deccraland’s engagement in the Miami fashion week made several headlines! Moreover, Decentraland recently partnered with Degree, Fatjoe, Blake Leeper, and others to organize the metaverse’s first ever marathon.
All such initiatives result in the growing popularity of MANA, the native token of Decentaland.
The second altcoin in our list is Sandbox!
The Sandbox is a community-driven platform where creators can monetize voxel ASSETS and gaming experiences on the blockchain.
It is a metaverse game involving a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain, an augmented reality platform which seeks to alter the dynamics of the gaming market and reward creators and contributors for the value they produce.
How can we not mention that The Sandbox (2011) and The Sandbox Evolution (2016) combined generated 40 million downloads across iOS and Android! Well, that surely sounds like a great deal, isn’t it?
The Sandbox blockchain gaming platform consists of three integrated products that together provide a comprehensive experience for user-generated content production ie vox editor, marketplace and gamemaker.
Now let’s explore Sandbox’s token!
SAND is the ERC-20 utility token built on the Ethereum blockchain which is used throughout The Sandbox ecosystem as the basis for transactions and interactions.
The core element which shall be resulting in higher value of the token is the partnerships that sandbox undertakes! The investors, crypto and gamefi community is highly in favor of SAND because of the rapidly increasing popularity, thanks to the customizability feature which allows customizable avatars to be created and used in the platform!
Moreover, the sandbox also holds Saturday streams to keep the community engaged! Do you participate in them? Well, if you do, comment down in the comment section below!
Next up we have axie infinity!
Axie Infinity is a metaverse platform under Gamefi which revolves around Pokémon-esque creatures known as Axies. With the aim to battle, breed, collect, raise the axis, players can collect them as virtual pets and build kingdoms for them..The synergy Axie has established between standard online gaming and blockchain is one of the core elements which differentiates axie from other online games.
Recently, on june 5th Axie infinity revealed their forum for token gated community discussions hosted by /commonwealth.im as per a recent twitter post shattered by the altcoin’s official handle.
Axie Infinity wants to and is expected to explode as it did last year, in 2021, and its new Builders Program is one of the stepping stones to achieve that goal.
The Builders Program is one of the many initiatives being deployed by Sky Mavis in order to provide better and engaging user experience.
The Builders Program shall effectively be used to leverage the knowledge and experience of the axie community, this shall be followed by rolling out new game modes that shall assist in strengthening the Axie ecosystem.
The expected short term gains and long term gains are quite high!
The most interesting fact to be noted here is that shares a 91% 30-day correlation with Bitcoin. Thus, keeping an eye on Bitcoin’s movement would be essential for making a profitable move.
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Moving on, the next leading metaverse altcoin is realm!
Realm is a mobile-first, play-to-earn, social impact driven Metaverse. It is a cross-chain based NFT platform wherein designers, artists and developers can not only build their own personal metaverses, but also curate NFT exhibitions and events and trade NFTs, NFTix and on-chain genetic pets.
The Realm family truly holds a unique edge in the emerging market of Web3, as claimed by them , thanks to the crazy number of web3 enthusiasts around the world who have invested into the vision of Realm by holding the token and buying land!
Realm’s token is likely to have higher returns and a rapidly escalating graph because of the effort to instill augmented reality in the mobile phones, contrary to most of the gamefi play to earn metaverse applications.
Clearly more people use cell phones and thus the downloads are likely to rise, thus increasing the value to the altcoin!
According to the update shared by the twitter channel of Realm, on. June 21 and 22.
OceanWorld and Enter_Realm are collectively organizing Pizza, merch, scavenger hunt, and an alpha version of the nu radio game, uch events highly contribute to the positive investor sentiment. What do you think about this! Let us know in the comment section below!
Moving on,l the last element in our top five list of rocking metaverse altcoins is illuvium!
For the new entrants in the gamefi world wondering what Illuviam is, let us simplify it!
Illuvium is an open-world exploration, NFT creature collector and autobattler game built on the Ethereum Blockchain.It is a Play-to-earn application in a graphically-rich sci-fi adventure and helps in conquering the wilderness to help your crash-landed crew flourish!
The players here need to explore 7 dazzling alien landscapes and uncover the cataclysmic events that shattered Illuvium!
The gameplay involves discovering, hunting and capturing over 100+ Illuvials or the deadly beasts who rule this alien world, with each of them possessing hybrid synergies and unique abilities.The players are supposed to train and fuse the Illuvials into powerful evolutions to upgrade their power and value for the players to build the perfect Illuvial team.
A quite interesting fact that proves the impending ursurge of illuvium altcoin is Kieran Warwick’s assertion of imminent digital land sale which goes like, Illuvium is like a mine that can give you residual income for 10 years.
A secret revelation here is that is one of their heavily respected founders in the de space
kane warwick's sibling revealed as the founder of eluvium kane is the founder
of d5 protocol synthetics a blue chip in crypto space.
So this was our breakdown of the top 4 metaverse altcoins which will rock the Defi and metaverse space! If you think we missed out any project, comment in the comment sections below!
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