Metaverse Crypto Tokens are soaring; here are the top picks
Metaverse Crypto Tokens: Mark Zuckerberg (CEO Meta) and Jagdish Mitra, (CSO Tech Mahindra), are all talking about the growth opportunities in metaverse and Web3. Virtual reality is a new frontier that could transform every industry.
Coingape reported in January that many metaverse crypto-tokens outperformed top cryptocurrencies such as Bitcoin and Ethereum. Here are the top five metaverse tokens you should be considering this week.
Decentraland (MANA), an ERC-20 token powered the Ethereum blockchain, is an ERC-20 token. It allows users to create, share, and monetize content or applications.
Source: CoinMarketCapDecentraland hovers around $0.7852 at the time of writing. It has a market capitalization in excess of $1.45 Billion and a daily trading volume of $178.259,118. MANA was the most successful Metaverse crypto token in January with approximately 150% of the price rise.
Render token is built on top of Ethereum blockchain. It connects artists and studios to mining partners who are willing to rent out their GPU capabilities. The launch of a new foundation, and the adoption of a new tokenomics model have all contributed to the rapid rise in RNDR prices.
Source – CoinMarketCapCurrently, the RNDR price is above $1.67, with a market capitalization of $424 million and a 24-hour trading volume of $216,208,796. If the token continues to move at the same pace, it could reach $2 very soon.
Next on our list of the top Metaverse crypto tokens you should buy this week is the MAGIC. It is the utility token that can be used to buy and trade NFTs on Trove and can also staked.
Source – CoinMarketCapOn Saturday the MAGIC price was at $1.90, with a 24-hour trading volume $285,181,570. Many metaverse crypto enthusiasts believe this MAGIC will reach new heights by February 2023, judging from its current performance.
Mask Network was launched in July 2019. It allows users of Facebook and Twitter to encrypt their posts on social media platforms. This token is a great investment option for February 2023 because it has the potential to grow and adheres to strict security protocols.
Source: CoinMarketCapOver the past seven days Mask Network has increased to 49.21% against US dollars. The MASK price at present is $4.79, with a 24-hour trading volume $266,193,747.
Floki (FLOKI), a cryptocurrency, was created by Shiba Inu (SHIB), community members and fans. It is currently one of the most successful Metaverse crypto tokens on the market.
Source: CoinMarketCapFLOKI’s current price is $0.00002677 at the time this article was written. It has a market capitalization in excess of $238 million, and a daily trading volume of $13,850,265. The circulating supply of FLOKI is 8,917,452,316 and 422.
Also, read: Top 10 Meta Games to Play and Discover with Your Friends
Not for investment advice.
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The content presented may contain the author’s personal opinion and is subject to market conditions. Before investing in cryptocurrency, do your market research. The publication or the author are not responsible for any financial loss.