Metaverse Tokens News: The term “metaverse” is growing in popularity every day. Metaverse is the upcoming big thing, just like cryptocurrencies and NFTs. Even though the technology is still in its infancy, cryptocurrency and IT investors are starting to take an interest in it. Metaverse tokens, therefore, represent an unexplored possibility in 2023.
The good news is that projects related to the metaverse are still in their infancy. Their coin values are generally low, frequently well below $1, and occasionally less than one cent. As a result, almost anyone can now invest.
Top 5 Metaverse Tokens For Great Returns in 2023
Since APE is an ERC-20 token, it can be found on the Ethereum blockchain. As a governance and utility token, it gives owners access to games and other goods and services that are only available to owners of Apecoins, as well as the ability to participate in the management of the Ape ecosystem.
The launch date of Apecoin was March 17. However, at that time, it was anticipated that 30% of the total 1 billion coin supply would be in circulation.
ApeCoin’s price today is $3.63, with a market capitalization of $ 1.3 B and a 24-hour trading volume down by 6.97%. Now it stands at $91 million. At the same time, the circulating supply is approximately 361,250,000 APE.
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The Sandbox, a crypto metaverse project, has performed admirably. SAND, the platform’s native token, steadily increased throughout 2021 before crossing the $1 threshold in the fourth quarter.
NFT production and trading are central to the Sandbox. The SAND metaverse tokens can be used by players to create NFTs.This cryptocurrency project is based on Ethereum, just like countless others. According to Fortune, it just released Alpha Season 3, which is anticipated to draw 500,000 users.
The Sandbox’s price today is $0.4067, with a market capitalization of $ 609 million and a 24-hour trading volume down by 4.70%. Now it stands at $93 million. At the same time, the circulating supply is approximately 1,499,470,108 SAND.
Decentraland ( Popular Metaverse Token)
A well-known cryptocurrency metaverse project that frequently makes headlines is called Decentraland. This was partially caused by the NFT craze, which also gave MANA, the platform’s native token, enormous gains. The platform was soon used by many NFT owners to display their NFTs. NFTs aren’t the only thing that’s offered on this metaverse platform, though. The ability to build virtual games, virtual real estate, and other digital goods is its key feature.
Decentraland’s price today is $0.3011, with a market capitalization of $ 558 million and a 24-hour trading volume down by 11.89%. Now it stands at $39 million. At the same time, the circulating supply is approximately 1,855,084,192 MANA.
Avatars of real-world objects and people are created in high definition using 3D scanning as part of the new metaverse project Metahero. The business has even set up a scanning chamber in Doha that scans items and produces a digital, 3D version of them for the Metahero universe.
Collaborations that Everdome’s creator Rob Gryn recently had with that project’s other metaverse counterpart. This could, however, support Metahero as well.
A metaverse project called Star Atlas is based on a visually stunning video game. The setting of the game is the far future, specifically the year 2620, where players can conquer territory and gather resources in a very futuristic environment.
A metaverse token called ATLAS is used in the game and is acquired through gameplay. Consider it to be a typical reward-based game where you accumulate coins through gameplay and achievement. The game is based on Solana, which has the benefit of having lower transaction fees than projects based on Ethereum.
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