Metaverse Tokens News: Metaverse tokens are virtual currency units that can be used to make digital payments in the Metaverse. Each virtual universe’s in-game store offers a variety of these currencies, some of which can only be used within the metaverse. Some tokens can be purchased on exchanges such as WazirX, Coinbase, and Binance. The top metaverse tokens that support trade and exchange within the metaverse are shown below.
Here are the Top 5 Metaverse Tokens To Add To Your Portfolio This Weekend
- ApeCoin
- Decentraland
- Axie Infinity
- The Sandbox
- Internet Computer
ApeCoin (APE)
ApeCoin is not only one of the most valuable metaverse coins on the market, but it is also one of the most recent. It was created to support the expanding ecosystem that surrounds the well-known Bored Ape Yacht Club. One of these blockchain art monkeys could be purchased for as little as $100,000.
ApeCoin’s price at the time of writing is $5.12, with a market capitalization of $ 1.8 B and a 24-hour trading volume down by 28.57%. Now it stands at $118 million. At the same time, the circulating supply is approximately 762,209,327 UNI as per the crypto market tracker CoinMarketCap.
Decentraland (MANA)
Decentraland runs its own independent metaverse. It is a virtual reality platform that uses the Ethereum (ETH) blockchain and its own native token, MANA, to conduct business. Users are free to explore this virtual world using any avatar they choose. On the Decentraland marketplace, they can buy land, clothes for their avatars, accessories, and much more.
Decentraland’s price at the time of writing is $0.6849, with a market capitalization of $ 1.2 B and a 24-hour trading volume down by 28%. Now it stands at $144 million. At the same time, the circulating supply is approximately 1,855,084,192 MANA as per the crypto market tracker CoinMarketCap.
Axie Infinity (AXS)
Axie Infinity AXS is an ERC-20 token that is built on top of the Axie Infinity platform. It is a play-to-earn video game created on the Ethereum sidechain Ronin Network. It is also a top metaverse crypto project to think about right now. The Axies tokens are non-fungible tokens that represent characters in the game.
Axie Infinity’s price at the time of writing is $0.6849, with a market capitalization of $ 1.02 B and a 24-hour trading volume down by 58.56%. Now it stands at $83 million. At the same time, the circulating supply is approximately 101,610,035 AXS as per the crypto market tracker CoinMarketCap.
The Sandbox (SAND)
The Sandbox is a virtual environment where players can exchange native tokens for in-game currency. Like the other metaverse coin on this list, MANA in Decentraland, SAND can be earned and spent only within the Sandbox. Whether the metaverse achieves its objectives or not will depend on which games, platforms, and applications succeed. SAND is one of the biggest players in this market right now.
The Sandbox’s price at the time of writing is $0.6849, with a market capitalization of $ 1.02 B and a 24-hour trading volume down by 44%. Now it stands at $210 million. At the same time, the circulating supply is approximately 1,499,470,108 SAND as per the crypto market tracker CoinMarketCap.
Internet Computer (ICP)
The Swiss nonprofit Dfinity Foundation created the Internet Computer. The ambitious goal of ICP is to replace the current centralized internet with a decentralized one. The idea is that centralized businesses like Alphabet, which owns the Google product family, are primarily responsible for creating the modern internet.
Internet Computer’s price at the time of writing is $5.14, with a market capitalization of $ 1.48 B and a 24-hour trading volume down by 41%. Now it stands at $30 million. At the same time, the circulating supply is approximately 288,854,104 ICP as per the crypto market tracker CoinMarketCap.
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
