What Are The Top 5 Metaverse Tokens?
Metaverse tokens are the next big thing and they hold the potential to change the way how brands interact and engage with audiences. Today, a lot of metaverse coins are available but not of them will be worth your money. So, it will be perfect to purchase metaverse tokens that show capability through utility, performance, or robust financial backing.
If you are one among those wishing to make a Metaverse token purchase, then this blog is totally for you. Here, you will gain insight into some best-in-class Metaverse tokens that you can purchase in 2023.
1. Enjin Coin (ENJ)
Enjin coin, the longest operating and Ethereum-based cryptocurrency is used to create next-gen blockchain assets on Ethereum and JumpNet. Enjin is one of the oldest players in terms of the overall crypto market and metaverse. These tokens are valuable in games and can be utilized as in-game currency. This Ethereum token aims to make it easy for businesses, individuals, and brands to utilize NFTs. The token can be utilized to back the value of NFTs minted in the Enjin ecosystem and has gained huge success in 2021. Assuredly, it is worth buying Enjin Coin in 2023.
Current Enjin Coin Price - $0.458472 USD
24 Hour Trading Volume - $47,126,050
Market Cap - $453,551,907
2. Decentraland (MANA)
Recently, the crypto metaverse project - Decentraland has gained immense popularity and this is mainly due to the NFT craze which also led to the notable gain for the native token of the platform, MANA. Many NFT owners started utilizing the platform to display their NFTs but NFTs are not the only ones in the metaverse. You can purchase virtual land and create virtual games and digital assets.
Current Market Price - $0.6907 USD
Market Cap - $1,281,325,162
24-Hour Trading Volume - $141, 207, 031
3. Epik Prime (EPIK)
It is a metaverse project that has become all about Non-fungible tokens and cryptocurrency EPIK is available on Hotcoin Global, PancakeSwap, KuCoin, and Huobi Global. Since its establishment in 2018 Epik prime enhances the quality of digital items both for game developers and brands due to its close association with the performance, identity, or status of items in the collection.
Current Market Cap Of EPIK - $4,809,738
24 Hour Trading Volume - $189,006
4. Axie Infinity
This is one of the popular and big revenue-generating games built on blockchain. This metaverse crypto gaming pioneer features characters known as Axies. The users can play games and collect AXS, the Axie token, and can then use the currency to make in-game purchases, can participate in community governance, can stake coins, etc. The AXS token can also be converted to ETH and utilized to purchase NFTs on the Axie marketplace. By September 2021, the sales of Axie have peaked to $2.05 billion with an estimated 1.5 million active players.
Live Axie Infinity Price - $12.14 USD
Live Market Cap - $1,008,420,620
24 Hour Trading Volume - $71,007,364
5. Sandbox
It is a virtual world where players can build and monetize their gaming experiences in the Ethereum blockchain utilizing the SAND tokens. Players can develop digital assets in the form of NFTs using the SAND metaverse tokens and can then upload them to the marketplace and include them in games with the Game maker. One of its promising factors is that it has a very limited coin supply of 3 billion tokens, out of which 1.5 billion are in usage. You can also know the market cap details of Sandbox over the years. Have a look below.
Live Sandbox Price - $0.833114 USD
Live Market Cap - $1,249,229, 970 USD
24 -Hour Trading Volume - $209,108, 538 USD.
All those prices, market cap and trading volumes of the above-mentioned tokens are listed as per the market data based on the date the blog was posted.
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