10 of the best Metaverse crypto coins that may explode in 2022

These 10 Metaverse cryptos can make you rich in 2022

There has been a lot of excitement around Metaverse cryptocurrencies since 2021. This has a lot to do with the move by Facebook to rebrand to Meta. Being one of the largest tech organisations globally, Facebook created an instant appeal to a market that has seen lots of technical improvements since 2019. 

In fact, towards the end of 2021, Metaverse cryptocurrencies were among the best performers. Some of them delivered gains upwards of 10,000% within the year. With many positive projections around the Metaverse, there is every indication that Metaverse cryptocurrencies could outperform the market this year. 

On this basis, it makes sense to start scouting for the best Metaverse cryptocurrencies to buy for 2022. The crypto market is just starting to recover from a massive correction earlier in the year, which means current prices are a perfect entry point into high-quality projects.  

To make it easier for you to choose, here are 10 of the best Metaverse crypto coins that may explode in 2022. While the cryptocurrency market offers no guarantees, these 10 Metaverse cryptocurrencies have a high potential to beat the market in 2022. 

Decentraland (MANA)

Decentraland has emerged as one of the most adopted Metaverse cryptocurrencies in the market today. In late 2021, Decentraland made headlines when a piece of virtual real estate worth $2.4 million was sold on its Metaverse.

The most recent news about Decentraland involves Samsung, which opened a virtual store on this Metaverse. With such high-profile adoptions, there is no doubt that Decentraland could perform pretty well in 2022.

Besides this growing adoption, Decentraland has an edge because it gets the whole essence of the Metaverse. The Metaverse is meant to be community-owned, giving everyone on the planet to do whatever they want. That’s exactly what Decentraland does because a DAO governs it. Pretty much anyone who owns MANA tokens has the power to determine how decisions are made on Decentraland. That’s a big deal, and could see MANA rocket in 2022, and beyond.

Sandbox (SAND)

Sandbox rocketed by thousands of percentages in 2021. While it started the year in the red, it seems to have found the bottom and is currently gaining upside momentum. 

So far, Sandbox’s success has a lot to do with its approach to a large, and fast-growing gaming ecosystem. This has been drawing in gamers looking into play-to-earn gaming to have fun and make a living off gaming. 

Besides, the rewards won or created in the Sandbox gaming ecosystem are easily transferable to any other platform. This has made it one of the top platforms for gamers and creators looking to make money off gaming NFTs. 

Considering that the SAND token is necessary for one to transact within the Sandbox ecosystem, adoption could grow in 2022. With all these factors at play, it is not surprising that SAND is one of the 10 best Metaverse crypto coins that may explode in 2022.

Axie Infinity (AXS)

Axie Infinity, like the other two above, was a top Metaverse cryptocurrency performer in 2021. Looking ahead into 2022, there are multiple reasons to believe that AXS could still outperform the broader cryptocurrency market by a huge margin. One of the key factors likely to drive Axie Infinity stock price in 2022 is FOMO around Metaverse cryptocurrencies. 

Since it is one of the most recognised Metaverse cryptocurrencies, it is likely to experience an upsurge in investments as excitement around Metaverse cryptos rises. 

Best of all, Axie Infinity has a strong, and well-funded developer team. Back in 2021, the company behind Axie Infinity raised more than $150 million from its venture capital backers. The money has been put to good use, and in October 2021, Axie Infinity version 2 was released. 

A combination of market recognition and a well-oiled money machine puts AXS among 10 of the best Metaverse crypto coins that may explode in 2022.

RFOX (RFOX)

The Metaverse is like every other aspect of the cryptocurrency market. While it pays to invest in large-cap cryptocurrencies, the maximum profit potential is usually found in the lower-cap cryptocurrencies. That’s where RFOX comes into play. RFOX has a market cap of slightly over $120 million. This gives it a lot of room to grow as excitement around the Metaverse grows. 

Besides its low market capitalisation, there are fundamental reasons why RFOX makes sense as an investment. While most Metaverse cryptocurrencies are focused on the gaming industry, RFOX takes a more holistic approach to the Metaverse with the goal of building a replica of the real world, including commerce on the Metaverse.

This gives RFOX a wider adoption scope and could play a huge role in its long-term growth. For this reason, RFOX is one of the 10 best Metaverse crypto coins that may explode in 2022.

Terra Virtua Kolect (TVK)

Like RFOX, Terra Virtua Kolect makes it to the list of 10 best Metaverse crypto coins that may explode in 2022 for its low market cap. TVK is still in its infancy and has a slightly over $116 million market capitalisation. This means it has a lot of room to grow as investments in the Metaverse grow. 

However, it’s not just the low market capitalisation that makes TVK a worthy Metaverse investment in 2022. There is also the fact that has a variety of digital collectibles. It has everything from Godzilla-v-Kong to Top Gun. This has made it a favourite for gamers, a factor that could help drive up the value of TVK as the year progresses.

Star Atlas DAO (POLIS)

Atlas is the perfect Metaverse for play-to-earn gamers and futurists who love to envision the world hundreds of years ahead. The way it works is simple, players solve problems in a futuristic version of earth, 600-years from now and earn rewards for it. Like other Metaverse projects in the market today, the aspect of earning rewards that can be sold as NFTs makes POLIS a very attractive Metaverse platform for gamers. 

POLIS is a perfect investment because it is the token used for transactions within the Star Atlas DAO from an investor perspective. This means as more gamers enter the Star Atlas DAO ecosystem, the value of POLIS will go up.

Besides, POLIS has a pretty low market cap (under $100 million). This leaves a lot of room for growth when you consider that the Metaverse could be a trillion-dollar market by the 2030s.

Defina Finance (FINA)

While the cryptocurrency market has been on a downtrend for the first two weeks of January 2022, FINA has defied the trend. It has been on an uptrend throughout this period, and momentum is on the rise. 

Defina is a relatively new platform and gives gamers an all-in-one platform to collect, play and trade NFTs. Everything that players create in the Defina Finance ecosystem, they fully own. This makes the platform highly attractive to play-to-earn gamers who also want to create a portfolio of NFTs for long-term wealth creation. 

However, the biggest reason why Defina is a must-hold this year is its token buyback program. In December 2021, Defina announced a bountiful BNB budget that is being used to buyback tokens from the secondary market and reward staking. A more elastic swap pool will be created with 40% of the sales. 

Like a share buyback program in the stock markets, this is a factor that could help push FINA to new heights in 2022. For this reason, FINA can’t miss among the 10 best Metaverse crypto coins that may explode in 2022.

Etherland (ELAND)

Etherland is one of the Metaverse projects with the highest potential for adoption going into the future. That’s because it aims to connect the virtual and real worlds, by turning real-world items into NFTs. 

ELAND tokens are a means of exchange that ensure the uniqueness, reliability, and genuineness in an NFT     content representing real-world data. It also guarantees that you have got what is yours. 

This is a big deal as it could unlock a whole new world where pretty much everything from cars to real estate could be turned into digitally tradable NFTs. This potential coupled with the fact that ELAND is still a small-cap cryptocurrency ($1 million market cap) makes it one of the best Metaverse crypto coins that may explode in 2022.

DotMoovs (MOOV)

DotMoovs is one interesting Metaverse platform in that it takes on the multi-billion dollar soccer market. It allows friends to bet on games, and even play virtual soccer just like they would in conventional virtual soccer platforms like FIFA. 

The only difference is that the rewards are in MOOV tokens that can either be turned be exchanged for Fiat or other cryptocurrencies. Essentially, it players to have fun while at the same time making money off fantasy football. 

MOOV can also be staked, which creates an element of passive income around MOOV. A combination of a large market (soccer), and the hype around the Metaverse as a whole, it is not hard to see why MOOV is one of the 10 best Metaverse crypto coins that may explode in 2022.

MetaHero (HERO)

MetaHero is one of the Metaverse projects that have risen pretty fast since it launched. It has grown so fast because of its use of a technology that creates ultra-realistic avatars in the Metaverse. 

This has given it a lot of potential for adoption not just in gaming but also in multiple other industries. Besides its technical capabilities, MetaHero has a relatively low market cap. This gives it a lot of room for growth going into the future as adoption grows.

Conclusion

All the above Metaverse cryptocurrencies have a high chance of exploding in value in 2022. However, you need to be aware that cryptocurrencies are highly volatile investments. As such, it is best to do your own research before investing in any of them.

The post 10 of the best Metaverse crypto coins that may explode in 2022 appeared first on Coin Journal.

Top 10 Best Cryptocurrencies to Buy in January 2022

The year is just starting, but cryptocurrencies are moving boundaries and reaching new all-time highs. If you are a crypto enthusiast looking to put your money in some coins with potential, see this list of coins to buy this month in no particular order.

Solana (SOL)

Solana is an open-source computing network developed by Anatoly Yakovenko in 2017. It was developed to increase the speed of transactions while ensuring decentralisation. The Solana network boasts of validating over 50,000 transactions per second for less than a penny per transaction. It runs on the proof-of-stake consensus algorithm. It is similar to the Ethereum blockchain, which has earned it the nickname „Ethereum killer.“ Solana supports smart contracts and can be used for investing apps, DeFi, games, DEXs, social media, dApps, etc. Compared to the Ethereum blockchain, it has performed more transactions per second at a low transaction fee. SOL is the native coin of the blockchain. It is used for paying transaction fees, staking, and as a governance token. 311.8 million SOL of the 508.2 million is currently in circulation. SOL is currently ranked 5th, and one SOL costs $150.52 today. In November, it cost $259.96.

Cardano (ADA)

Cardano is a third-generation protocol created by Jeremy Wood and Charles Hoskinson in 2017. It uses the Ouroboros- a proof-of-stake algorithm as its consensus algorithm. Its goal is to be secure, scalable, flexible, and eco-friendly. The blockchain allows the creation of native tokens that mirrors its native cryptocurrency (ADA). The blockchain runs on two different layers- the settlement layer, which oversees assets transfer and notes transactions, and the computation layer, which executes the smart contracts for decentralised applications. ADA is the native coin for fueling the platform. It can be used to settle transaction fees and as a governance token. Also, it can be staked for rewards. Today, its price is $1.25, having dropped by 59.4% from an ATH of $3.09 in September. ADA is ranked 7th with a market cap of $402.b. It has a total supply of 45 billion, with 32.1 billion currently in circulation.

Fantom (FTM)

The Fantom ecosystem is a blockchain for decentralised applications and digital assets launched in 2019. Michael Kong developed it. It is modular, efficient, scalable, secure, open, and eco-friendly. It supports smart contracts. The blockchain runs on Lachesis, an Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus algorithm. The creation of dApps is possible because of Fantom Virtual Machine. FTM fuels the ecosystem. FTM is both an ERC-20 token and a BEP-2 token. It is used for rewarding validators and as a governance token. FTM is trading at $3.00 right now. It peaked at $3.46 in October. FTM has a total supply of 3.2 billion, and 2.5 billion is in circulation.

Cosmos (ATOM)

Cosmos is a blockchain for other blockchains created to serve as the internet of blockchains. It has an Inter-Blockchain Communication protocol (IBC) and a software developer kit that allows easy creation of dApps and interconnection between independent blockchains (zones). Cosmos operates on Tendermint Proof-of-Stake Byzantine Fault Tolerance (BFT). It was launched in 2019 by the Interchain Foundation. ATOM is the native coin used to promote interoperability on the network. It can be staked, held, exchanged, and traded. Today, its price is $39, with 226 billion atoms currently in circulation. It peaked at $44.42 in September.

Audius (AUDIO)

Like Spotify and SoundCloud, Audius is a music streaming platform built on blockchain. It supports music sharing, streaming and has social media features. The platform is run by node operators, artists, and fans. Audius runs on a proof-of-stake algorithm. It was founded in 2018 on the POA Network but is now on the Solana blockchain. Although it is not the first streaming platform on the blockchain, it is backed by Jason Derulo, Katy Perry, Nas, The Chainsmokers, and Pusha T. Its native cryptocurrency is AUDIO, an ERC-20 token. 500 million AUDIO of the 1.1 billion is in circulation right now. Today, its price is $1.43 but reached an all-time high of $4.95 in March 2021.

Chainlink (LINK)

Chainlink is a network of nodes that provides data and information from off-blockchain sources available to smart contracts through an oracle. It provides blockchains and the dApps on them with relevant data. It was launched in 2017 as the first protocol moving data and information from off-chain sources to existing smart contracts. The network’s operation is divided into oracle selection, data reporting, and result aggregation. LINK is the native coin of the network. Node operators are rewarded with LINK for their activities on the network. It can be traded, staked, and exchanged. LINK is trading at $24.98 now. It cost $52.70 in May 2021. There is currently 467 million LINK in circulation.

Polygon (MATIC)

Polygon was developed in India initially as the Matic Network but was rebranded in February 2021 as Polygon. It was created as a layer-2 scaling protocol for the Ethereum network. It was created to increase the size, speed, security, interoperability, and use of the blockchain. It operates on a proof-of-stake algorithm. It supports the Ethereum Virtual Machine contract.

Further developments on the network are expected to include Polygon Plasma, zk-Rollups, Optimistic Rollups, and Validium Chain. MATIC is the native token used for powering the Polygon network. Payment of transaction fees and staking can be made with MATIC. Also, it can function as a governance token for voting upgrades and policies on the platform. A MATIC token costs $2.29 today.

Terra (LUNA)

 Terra is a blockchain that supports the creation of stablecoins linked to physical currencies or assets. These stablecoins can be traded and exchanged on the ecosystem or exchange platforms. It was created in 2018 by Terraform Labs using Cosmos SDK. It works on Tendermint Delegated-Proof-of-Stake (DPoS) consensus algorithm. It is a fintech solution for payments. The ecosystem consists of CHAI for making frictionless payments and Terra Bridge to aid interoperability between blockchains. The Mirror Protocol allows creating synthetic assets (mAssets) and Anchor Protocol that provides users with access to stable interest rates. TerraUST, TerraGBY, TerraEUR, TerraJBY, TerraKRW, TerraCNY, and TerraSDR are some of the stablecoins that have been created using Terra. LUNA is its native token for maintaining the stability of these stablecoins. The total supply of LUNA is less than a billion. LUNA is used as payment for transaction fees, volatility absorber, staking, and governance tokens. LUNA costs $80.94 as of today and is ranked 9th.

Polkadot (DOT)

 Polkadot is a blockchain of blockchains created in 2016 and launched in May 2020 by Robert Habermeier, Peter Czaban, and Gavin Wood. It aims to solve the blockchain trilemma- security, scalability, and decentralisation. The blockchain has two modules- relay chain (the main network that processes transactions) and parachain (the users‘ blockchain that taps resources from the main network). The blockchain would also feature bridges that allow interoperability with other major blockchains. It operates on a Nominated-Proof-of-Stake (NPoS) consensus mechanism. DOT is its native cryptocurrency and can be traded, staked, and used as a governance token. The price of DOT is $26.28 right now, with a total supply of 1.2 billion. It reached an all-time high of $54.98 in November 2021.

Decentraland (MANA)

 Decentraland is the first 3D decentralised world to be controlled entirely by its users. Its development was started in 2017 by the Decentraland Foundation, established by Esteban Ordano and Ariel Meilich. It became public in January 2020. It is a metaverse created on the Ethereum blockchain. It has two native tokens- LAND (an NFT protocol for registering acquired properties (land)) and MANA (a cryptocurrency for trading assets and other services in the world). The platform supports payments, P2P interaction, and interactive applications. MANA is important in running the operations of the metaverse. It is used to settle transactions and vote on policy updates, LAND auctions, and upgrades on the platform with their MANA. It is currently trading at $2.97. There is a total supply of 2.2 billion, with 1.3 billion currently in circulation and a market cap of $3.9 trillion.

The post Top 10 Best Cryptocurrencies to Buy in January 2022 appeared first on Coin Journal.