The metaverse is something many investment enthusiasts are obsessed with these days. They’re talking about how it will change the way we do business and live our lives.
The metaverse is an immersive virtual reality that allows users to interact with each other and their environment using digital avatars. These avatars can be anything from human-looking to entirely abstract, like a spinning cube or sphere. Users can customize their avatars with clothing, accessories, and other details.
The technology behind the metaverse is augmented reality (AR). AR apps allow users to see virtual objects in real-time on top of their physical environment through the screen of their smartphone or device. This allows them to walk around while interacting with virtual objects; they can even interact with physical objects while wearing AR glasses or headsets.
Below are some Metaverse Cryptos that have made it to the top-performing chart as per our analysis based on price movement in the last 24 hours.
5 Top Metaverse Cryptos Today – CoinMarketCap Rankings
1. DeepSpace (DPS)
DeepSpace is a Metaverse gaming platform built on blockchain. Like many other gamers, it is a play-to-earn platform with attractive rewards for its players. There are also many in-game assets that help to generate and boost revenue.
DeepSpace allows users to create their own civilizations by conquering and exploring lands and other undiscovered universes with a fleet of ships.
DeepSpace seeks to utilize P2E mechanics and tokenomics to seamlessly bring a space-driven 3D gaming metaverse to the blockchain technology. The DeepSpace project has the vision to be a top gaming ecosystem.
DXO token powers the DeepSpace platform. Token holders on this platform can earn by fighting starship NFTs along with owning, minting, and upgrading them.
DeepSpace is now priced at $0.017 with a market cap of around $9,600,000. It had a trading volume of about $16,000 in the last 24 hours. The total number of tokens in supply at the time of writing is over 52,800,000 DPS and it can reach a maximum of 100,000,000 DPS.
Your capital is at risk.
2. ONOOKS (OOKS)
ONOOKS is a popular Open Finance Protocol Network that facilitates many interoperable DeFi and open finance applications. Its native token OOKS is widely used for in-platform transactions. Its Decentralized nature and effective usage of Smart Contracts provide an advantage over other DeFi platforms.
The OOKS token has been listed by leading exchanges such as LiveCoinWatch, CoinMarketCap, TradingView, Coingecko, etc.
The present price of the OOKS coin is around $0.49, with a 24-hour trading volume of $0.13 million. Its current market capitalization is over $5,800,000 with a total circulation of 10 million coins. It is therefore nearing its maximum supply limit of 12,000,000 OOKS.
Your capital is at risk.
3. WEMIX (WEMIX)
WEMIX is the Blockchain-driven development platform providing developers with the required setup to build blockchain games. On this platform, game creators now do not have to pay high fees or face inconveniences led by interrupted transactions.
Its utility token is WEMIX. Users can validate in-platform transactions using the WEMIX coin. They also get to earn rewards by staking it. Buying WEMIX is easy and simple. All you have to do is go for the right platform.
At the time of writing, the token is trading at around $4 per coin. Its trading volume for the last 24 hours is over $210,000,000. With a market cap of around $4,380,000,000, it has more than 123,000,000 WEMIX in circulation, which can reach a maximum supply of 1,015,055,200 coins
Your capital is at risk.
4. Arcona (ARCONA)
Arcona is an augmented reality metaverse that is hosted by the blockchain. The Arcona is known to be creating a Digital Land, an augmented reality bridge connecting the physical and virtual worlds together. It facilitates daily user interaction in real-world locations using multimedia content. ARCONA functions across Ethereum, Binance Smart Chain, and Minter.
Like many metaverse applications, Arcona functions across specific locations in the real world. You can use your assets to buy virtual land while using Arcona’s non-fungible tokens, or NFTs, and they’re 3D with animation.
The native governance token ARCONA allows holders to participate in voting like many other blockchain-enabled platforms.
You can navigate through the Arcona marketplace to purchase the token. It has a market cap of over $3,900,000 and it is now trading at a price of $0.24, with more than 15,330,000 ARCONA tokens in supply at the time of writing. The maximum supply limit for this token is 16,699,878 ARCONA.
Your capital is at risk.
5. CHROMIA (CHR)
Chromia is a blockchain platform empowering real-world apps that are decentralized. It is led by the popular blockchain company, ChromaWay. Chromia is known to solve issues related to the limiting functionalities of decentralized applications. Be it user security or high gas fees, this platform seeks to ensure the right intervention to solve such issues.
Chromia is hosted by the Ethereum blockchain. Its programming language – ‘Rell’, which is built on SQL is making programming easier for many developers as it is easier to work with compared to other lengthy coding lines required for blockchain programming.
This CHR coin is currently trading at around $0.27 with a 24-hour trading volume of around $96,000,000. Its total market supply is $267,976,002 with 567,369,439 CHR coins in circulation at the time of writing. Its supply can reach up to a maximum of 1 Billion CHR.
Your capital is at risk.
Which is the Best Platform to Buy Metaverse Cryptos?
With the crypto market being so volatile, you would want to buy your cryptos from a reputable exchange. There are enough options when it comes to buying Metaverse Cryptos including some of the leading exchanges like eToro, Binance, Coinbase, etc. But there are many things that need to be considered.
It is important to know that there are some exchanges that only allow you to trade bitcoin for other cryptocurrencies or altcoins (alternative coins). This means that you will not be able to buy any crypto directly from their platform using fiat currency such as USD, EUR, or GBP.
eToro’s Metaverse Life ‘Smart Portfolio’
The best way to get started with buying metaverse cryptos is by selecting an exchange that allows users to buy them directly with fiat currency like eToro. It is a good option because it offers high liquidity and low fees compared to other exchanges in the market today.
Check out eToro Metaverse Life
Your capital is at risk.
eToro’s Metaverse Life ‘Smart Portfolio’ is your golden entry to investing in the metaverse. With this option, investors can now diversify their Metaverse portfolio and include tokens from a wide range.
Read more:
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- Worldwide Decentralized Competitions
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Source: https://insidebitcoins.com/news/top-performers-in-metaverse-cryptos-31may