Metaverse Crypto Tokens Are Soaring; Here Are The Top Picks
Metaverse Crypto Tokens: From Mark Zuckerberg (CEO of Meta) to Jagdish Mitra (CSO of Tech Mahindra), everyone is talking about the growth opportunities in the metaverse and Web3. The latest iteration of virtual reality is seen as a new frontier that could transform all industries.
Top 5 Metaverse Crypto Tokens With Maximum Growth Potential
Coingape previously reported that many metaverse crypto tokens have outperformed top cryptocurrencies like Bitcoin and Ethereum in January. Therefore, here are the top 5 metaverse tokens to consider this week!
Decentraland
Decentraland (MANA) is an ERC-20 token powered by the Ethereum blockchain. It allows users to create, experience, and monetize content and applications.
At the time of writing, Decentraland is hovering around $0.7852, with a market capitalization of $1.45 billion and a 24-hour trading volume of $178,259,118. In January, MANA was the best-performing Metaverse crypto token with around 150% of the price surge.
Render Token
Built on top of the Ethereum blockchain, Render token aims to connect artists and studios with mining partners willing to rent their GPU capabilities out. RNDR price has surged nearly 300% in the last 30 days, all thanks to the launch of a new foundation and the passing of a new tokenomics model.
Currently, the RNDR price is above $1.67, with a market capitalization of $424 million and a 24-hour trading volume of $216,208,796. If the token kept the same pace, it might reach up to $2 soon.
MAGIC
Next on the list of the best Metaverse crypto tokens to buy this week is MAGIC. It is the utility token used to buy and sell NFTs on the Trove marketplace and can also be staked.
On Saturday, MAGIC price was levitated at $1.90 with a 24-hour trading volume of $285,181,570. Looking at its performance right now, many metaverse crypto enthusiasts believe that this MAGIC can reach new heights by the end of February 2023.
Mask Network
Launched in July 2019, Mask Network is a protocol that allows Facebook and Twitter users to encrypt posts on social media platforms. This token has the potential for growth and tight security protocols, making it one of the best investment options of February 2023.
In the past seven days, Mask Network has risen to 49.21% against the U.S. dollar. At present, the MASK price is $4.79 with a 24-hour trading volume of $266,193,747.
FLOKI
Floki (FLOKI) is a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community. At present, it is one of the best-performing Metaverse crypto tokens in the market.
FLOKI’s price at the time of writing is $0.00002677, with a market capitalization of $238 million and a 24-hour trading volume is $13,850,265. At the same time, the circulating supply is approximately 8,917,452,316,422 FLOKI.
Also Read: Top 10 Metaverse Games To Play And Discover With Your Friends
Note: The information in this article is solely the author’s opinion and not investment advice.
The post Metaverse Crypto Tokens Are Soaring; Here Are The Top Picks appeared first on CoinGape.
