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 made gains of over 10,000% during the year. With many positive projections around the Metaverse, everything indicates 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 your choice easier, here are 10 of the best Metaverse crypto coins that could explode in 2022. Although the cryptocurrency market offers no guarantees, these 10 Metaverse cryptocurrencies have a strong 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 on Decentraland involves Samsung, which opened a virtual store on this Metaverse. With such high-profile adoptions, there’s no doubt that Decentraland could do very 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 exploded thousands of percentage points in 2021. While it started the year in the red, it appears to have found bottom and is currently gaining momentum to the upside.
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.
Additionally, rewards earned or created in the Sandbox gaming ecosystem are easily transferable to any other platform. This has made it one of the best platforms for gamers and creators looking to make money from NFT games.
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 one of the top Metaverse cryptocurrency performers in 2021. In 2022, there are several reasons to believe that AXS could still outperform the broader cryptocurrency market by a huge margin. One of the key factors likely to influence the Axie Infinity stock price in 2022 is the 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.
Even better, Axie Infinity has a strong and well-funded developer team. In 2021, the company behind Axie Infinity raised over $150 million from its venture capital backers. The money has been put to good use, and in October 2021, Axie Infinity version 2 has been freed.
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. Although it is profitable to invest in large cap cryptocurrencies, the maximum profit potential is usually found in small cap cryptocurrencies. This is where RFOX comes in. RFOX has a market cap just over $120 million. This gives it plenty of room to grow as the 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 scope for adoption and could play a huge role in its long-term growth. For this reason, RFOX is one of the top 10 Metaverse crypto coins that could 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 cap that makes TVK a worthy Metaverse investment in 2022. There’s also the fact that it has a variety of digital collectibles. It has everything from Godzilla-v-Kong to Top Gun. This has made him a favorite among players, a factor that could help boost TVK’s value 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 as it is the token used for transactions within the Star Atlas DAO from an investor perspective. This means that as more players enter the Star Atlas DAO ecosystem, the value of POLIS will increase.
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)
As the cryptocurrency market trended downward in the first two weeks of January 2022, FINA bucked the trend. It has been on an uptrend throughout this period, and the momentum is on the upside.
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 main reason why Defina is a must this year is its token buyback program. In December 2021, Defina announced an abundant budget of BNB which is used for secondary market redemption tokens and wagering reward. A more elastic exchange pool will be created with 40% of 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 greatest potential for adoption in the future. This is because it aims to connecting the virtual and real worlds, turning real-world elements 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 because it could open up a whole new world where just about 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 (market cap $1 million) makes it one of the best Metaverse crypto coins that could 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 which can be exchanged for Fiat or other cryptocurrencies. Essentially, players should have fun while earning money with 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.
MetaHeroes (HERO)
MetaHero is one of the Metaverse projects that has grown quite rapidly since its launch. It has grown so rapidly due to its use of 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 of the above Metaverse cryptocurrencies are likely to explode in value in 2022. However, you should be aware that cryptocurrencies are highly volatile investments. As such, it’s best to do your own research before investing in one.
