The main objective of the Metaverse is to build a digital world that is very similar to the world that exists today. Given the ongoing developments taking place in the Metaverse, it would soon replace some of the real-world activities and incorporate them into the digital world.
People will be able to perform almost every physical activity digitally. Looking at its future prospects, now is certainly a good time to invest in this industry.
We have narrowed down some of the top-performing Metaverse Cryptos that showed impressive price growth in the last 24 hours.
7 Top Metaverse Cryptos Today by Price Movement
1. SENSO (SENSO)
Sensorium Galaxy is a digital Metaverse platform with high-quality virtual content, electronic musical events, and immersive games with an aim to make digital art accessible to the masses in a seamless and affordable way.
It allows peer-to-peer interactions and expressions of ideas. It enables users to choose a digital avatar (AI-driven characters) for exploring the Sensorium Galaxy with varied attributes in terms of looks, costumes, styles, and more.
Some of the world’s top DJs are associated with are connected with this platform for performing metaverse performances in PRISM. SENSO is the digital currency of this platform. It can be used to buy tickets for shows, get access to exclusive events on the platform, upgrade the virtual avatar of users, and many more such utilities
SENSO is currently trading at a price of $0.208 per coin with a market cap of $14,619,785. Its 24 hour trading volume is $2,221,194. The max supply of this coin is 715.28 million out of which 70.26 million are in circulation.
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2. FaraLand (FARA)
FaraLand is a war game built on Blockchain technology. The Faraland world consists of creatures of different races (NFT warriors) that are the in-game avatars. These warriors are equipped with weapons, armors, and pets. The whole game revolves around a challenging journey undertaken to seal the Demon Lord Beelzebul. Players must collect heroes from many different races to overcome the challenges on the way.
The game is full of different quests that lead to the ultimate destination. However, the choices made by the players on the quests determine the entire course of the game. The decisions alter the storyline of the game and expose the players to different mysteries and adventures.
FARA token fuels the entire FARALAND ecosystem. It can be used as a currency token to buy in-game equipments, upgrading equipments. Game rewards are also paid to the players in FARA tokens. This BEP 20 token is also the governance token of the FaraLand ecosystem.
The current market price of FARA is $0.1633. It enjoys a market cap of $4,231,418 with a 24-h trading volume of $306,292. Currently, 25.90 million FARA coins are in circulation with a max supply of 100 million coins.
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3. VICTORIA VR (VR)
Victoria VR is a Metaverse platform that aims to build a universal platform for all virtual realities like gaming, buying and selling of goods, classes and lectures, virtual galleries, sports events, and many more such adventures. A wholesome platform where people can work, relax and play.
This Metaverse platform is created using one of the world’s best technology “Unreal Engine”.
Victoria VR is the native utility token of the Victoria Metaverse. It will serve as the digital currency to perform transactions across the Victoria VR world. It can be used for Staking to earn attractive rewards, buying VR Lands, buying in-game assets like buildings, and resources, buying various goods and services across the platform, procuring tickets, purchasing courses, lectures, and art content on the platform, and many more.
Traders can buy this coin at a price of $0.05336. The market cap of the coin is $38,898,224 with a 24-h trading volume of $16,891,788. The max supply of the coin is 16.8 billion, with 729.01 million coins in circulation.
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4. PHANTASMA (SOUL)
Phantasma is custom-made Blockchain technology and a decentralized ecosystem, which aims to be the backbone of the future of Metaverse gaming, NFTs, and dApps. It is rich in advanced features unlike other Blockchains, possesses high transaction speed, and focuses on delivering an excellent user experience. It strives to empower gamers by providing digital ownership with full user control.
It claims to be an eco-friendly platform that features eco-friendly smart NFTs as well.
The platform has two primary tokens – SOUL and KCAL. SOUL is the governance token of the platform that can be used to earn KCAL, secure a unique Phantasma name, and secure Phantasma storage.
The floor price of this coin is $0.3337. The market cap as reflected on CoinMarketCap is $35,155,830 while the 24 h trading volume is $439,539. Currently, there are 105.34 million coins in circulation.
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5. MyNeighborAlice (ALICE)
MyNeighborAlice is a blockchain-based play-to-earn farm and builder game. Players can buy and own small plots of virtual farmlands, make developments in them and grow them into successful businesses. Exciting in-game items and rewards await the players on the way. Players can also meet each other virtually and socialize. The virtual lands in the game are represented by NFTs.
ALICE is the currency token of the game. It can be used to exchange NFTs within the game, buy virtual lands, collateralization, buyback, and staking within the platform, and buy game items. It can be staked on the platform to earn attractive rewards. It is also the governance token of the platform providing holders with voting rights on decisions relating to changes in the protocol.
ALICE is currently being traded at a price of $3.13 on major exchanges. It has a market cap $95,916,795 and a 24 h trading volume of $157,133,597. The max supply of this coin is capped at 100 million out of which 30.6 million are in circulation.
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6. WILDER WORLD (WILD)
Wilder World is a 5D Metaverse that aims to build a liquid Non-Fungible Token (NFT) marketplace with a Decentralized Autonomous Organization (DAO) for NFT-focused artists. It will serve as a platform for NFT artists to showcase their work, buy and sell their creations, and network with each other.
It also aims to build a play-to-earn NFT-based game for the platform wherein every NFT will have distinct utilities rather than just being JPEG files.
WILD is the native token of Wilder World Metaverse. It is also the governance token for the Wilder DAO (Decentralized Autonomous Organization, thus giving voting rights to stakeholders to take part in the decision-making process relating to changes in the protocol of the Wilder Metaverse.
This Metaverse Crypto is available at an attractive price of $0.3353, with a 24-h trading volume of $1,256,255. Its market cap is $28,578,336. There are 85.23 million coins in circulation with a limited supply of 500 million.
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7. EFINITY TOKEN (EFI)
Efinity is a cross-chain NFT blockchain created by Enjin to support an interoperable platform wherein NFTs can be utilized virtually by every industry without dealing with the usual barriers of high fees and lengthy transaction times that exist in Ethereum.
The primary objective of the platform is to create an NFT-focused platform wherein NFTs can be easily accessible to the masses and be used without the issues of scalability, security, privacy, interoperability, development, and governance.
It is powered by the EFI token, a deflationary token of the platform. It could be used to pay for transaction fees across the platform, staking for liquidity pools, earning rewards, and more. It is also the governance token of the platform.
You can buy Efinity Token at a price of $0.2069 per coin. The 24h trading volume as reported by CoinMarketCap is $5,159,456 and the market cap is $35,143,468. Out of 2 billion available coins, 169.85 million are currently in circulation.
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Which is the Best Platform to Buy Metaverse Cryptos?
There are many reputed platforms that list various Metaverse Cryptos wherein they can be bought in a seamless manner with very little investment. However, not all of them are listed on one specific platform. It depends on your choice of crypto.
But, there are many other factors besides the choice of coin that need to be considered before choosing a platform. You have to consider safety and privacy issues, pricing structure, and trading features.
Looking at these factors as the main determinant, eToro is the overall best choice to begin your Metaverse investments.
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It has a separate Smart Portfolio for its Metaverse Assets- “Metaverse Life ‘Smart Portfolio’. The portfolio features a bundle of Metaverse assets (a combination of Metaverse Stocks and top-performing cryptos) for trading. Investors can use this feature to have a diversified Metaverse portfolio in their holdings.
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Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Source: https://insidebitcoins.com/news/7-top-metaverse-cryptos-30may