Best Metaverse Coins 2024 and Beyond
The cryptocurrency world has expanded beyond human imagination. It is an industry where people can invest, earn profits and be part of something that can significantly change lives forever (check our article about most promising cryptocurrencies). Metaverse is one platform that has gained much attention among investors. The term seems to be everywhere, ranging from social media to news platforms.
The Metaverse is a digital space where individuals can interact and participate in various virtual experiences with one another. It encompasses a combination of physical, augmented reality, and virtual reality elements. It can revolutionize social interactions, entertainment, and commerce in a fully immersive and interconnected digital universe.
As of February 1st, 2023, there are 43 Metaverse platforms and 127 more are under development.
Some of the best Metaverse coins to buy in 2023 include:
- Decentraland
- Sandbox
- ApeCoin
- Shiba
- Starlink
The metaverse typically involves using virtual reality technology, augmented reality, and online platforms to create an interconnected digital space. Users can explore, create, interact, and engage with various elements such as avatars, objects, buildings, and landscapes within this virtual environment.
The possibilities within the metaverse are vast. Users can socialize with others, attend virtual events, engage in virtual commerce, explore virtual environments, create and trade virtual assets, play games, and much more. The metaverse offers entertainment, collaboration, creativity, and economic opportunities.
While this technology is mainstream, it’s speedily garnering the attention of crypto, tech, and gaming venture capitalists. As a result, metaverse projects and coins present an unexploited opportunity for 2023 and beyond.
The metaverse forms a bridge between the virtual and real worlds and is expected to grow significantly in the coming years.
This’s further supported by one of the biggest social media platforms (Facebook) rebranding to Meta Platforms.
In this article, you’ll find information about the best metaverse cryptocurrency coins and projects to invest in. You’ll find an overview of each coin, pros and an exchange list. Read on Best Metaverse Coins 2023 and Beyond to discover more!
Decentraland (MANA)
Decentraland was established in 2018, and its team was able to get a huge head start in the metaverse technology race. The platform is already established and operates on the Ethereum blockchain platform (read more about Ethereum staking). It provides all users from across the globe with a fantastic gaming experience.
This leading metaverse project allows users to create and customize their characters, explore the ever-changing Decentraland space and chat with others. Decentraland is also one of the leading Web 3.0 cryptocurrency coins to invest in.
From an investment point of view, Decentraland has its crypto coin, known as MANA. Importantly, all transactions within the Decentraland world must be executed in the MANA crypto coin providing the token with real utility. Real estate purchases are some of the most lucrative transactions on Decentraland’s virtual land.
After purchasing the virtual land, users can build and host games, virtual events, NFTs, offices, marketplaces, and competitions for their customers and clients.
Decentraland also has a marketplace for auctioning or trading parcels or lands, avatars, NFTs, and other virtual and digital assets. Currently, Decentraland also has peer-to-peer payments and supports voice and chat communications among users as well as virtual and augmented reality.
Decentraland’s MANA coin derives its value from the ever-increasing virtual land demand and other use cases, making it one of the best cryptocurrencies to invest in in the future.
Decentraland Pros
- Use cases for Decentraland MANA are many and diverse
- Decentraland is constantly evolving with unique and new features
- Decentraland enjoys a high adoption rate
- Decentraland supports NFT auctions
Decentraland Exchange List
| Exchange Platform | 24h Trade Volume | Price |
|---|---|---|
| Binance | £6,277,044 | £0.4524 |
| Coinbase Pro | £1,110,000 | £0.4542 |
| Crypto.com | £117,994 | £0.4543 |
| Kraken | £235,878 | £0.4550 |
| Robinhood | £488,129 | £0.4545 |
Sandbox
Sandbox is a decentralized, crypto-based metaverse gaming platform that allows users to create, share and monetize art, voxel game assets, and games. The platform includes an NFT and digital asset creation tool, a 3D game builder, an NFT marketplace, and LAND’s real estate parcels in the estate metaverse.
Each LAND’s real estate parcel is available in different forms, including ERC-721 NFT, ERC-1155 Asset and ERC-20 SAND.
The ERC-1155 Asset tokens can be generated by users who create assets, while the ERC-20 SAND is the native token to the blockchain and can be used for all interactions and transactions.
Sand metaverse cryptocurrency was established on the Binance trading platform and currently operates on the Ethereum blockchain network.
The native coin is used to purchase assets and equipment and is held to provide room for virtual asset creation and governance. Also, users can stake tokens to earn passive profits on virtual pieces of land. Staking SAND Crypto also provides users with Catalysts and Gems.
With a virtual reality aspect, the Sandbox project is realizing the metaverse’s vision. Primarily a game, the Sandbox has the backing of Atari and other gaming brands, which could provide it with a great chance to navigate the ever-changing market.
On top of that, Sandbox has fantastic partnerships such as Lionsgate, Snoopdog and DeadMau5.
The Sandbox metaverse has a great community and relies heavily on NFTs creation and trading. Players can use the SAND top metaverse tokens to create NFTs.
Sandbox Pros
- Sandbox provides good potential for users, designers and gamers to build and enhance their talents and skills
- Sandbox offers a 5% transaction fee, with 50% of it rewarding holders of tokens in the staking pool
- Users can receive rewards by staking the SAND tokens
- Users can get more SAND by building voxel assets, creating games, trading, and owning land
Sandbox Exchange List
| Exchange Platform | 24h Trade Volume | Price |
|---|---|---|
| Binance | £10,970,366 | £0.5033 |
| Coinbase Pro | £774,071 | £0.50324 |
| Crypto.com | £425.980 | £0.50328 |
| Kraken | £60,642 | £0.46444 |
| Robinhood | £291,253 | £0.57227 |
ApeCoin
ApeCoin is the native token of the APE ecosystem. It’s used for utility and governance purposes within the ecosystem. After the successful Bored Ape Yacht Club project, the APE platform has made huge strides to drive the metaverse concept to a new level.
The Bored Ape Yacht Club project by the Yuga Lab has spilt over the ApeCoin, a means to manage the ApeCoin DAO Ecosystem fund.
Users obtain voting rights by holding ApeCoin tokens within the APE ecosystem. The Yuga Lab’s Bored Ape Yacht Club project inspired ApeCoin, which has received attention from different celebrities. ApeCoin ownership allows developers to interact with the whole ecosystem and integrate ApeCoin into their games and services.
ApeCoin is used to purchase and sell digital assets, including land in the Yuga Labs’ NFT world, virtual land within the ApeCoin metaverse and NFTs. Yuga Labs has adopted ApeCoin as the main token to facilitate all transactions for its products and services. ApeCoin holders can also access services, events and games within the ecosystem.
ApeCoin Pros
- ApeCoin has increased liquidity, which is one of its most attractive features
- ApeCoin easily converts into a traditional currency like the GBP and the US dollar
- There are no fees associated with receiving and sending ApeCoin
- ApeCoin is part of the popular Bored Ape Yacht Club project, which presents its bright future
- Existing Bored Ape Yacht Club project NFT holders get priority access to ApeCoin
ApeCoin Exchange List
| Exchange Platform | 24h Trade Volume | Price |
|---|---|---|
| Binance | £60,475,022 | £2.58 |
| Coinbase Pro | £3,247,050 | £2.52 |
| Crypto.com | £103,453 | £2.49 |
| Kraken | £71,179.03 | £2.50 |
| Robinhood | £71,180.91 | £2.55 |
Shiba Coin
The newest metaverse coin that crypto enthusiasts and investors must keep their eyes on is the Shiba.
Those who have been fans of this metaverse coin have seen in the past how the Shiba token established itself and grabbed a space among the top 20 coins in terms of market capitalization. At the moment, the Shiba ecosystem is one of the strongest communities in the crypto-verse.
The Shiba metaverse doesn’t want to limit its community to a meme token, so it is actively developing its metaverse. According to the latest updates, the technology behind the Shiba ecosystem will be utilised for the development and growth of Shib – The Metaverse Project.
Shiba Coin Pros
- Shiba is expected to release its layer-2 blockchain network, known as Shibarium, that will enable users to create and take part in the validation process
- Shiba is also planning to launch its metaverse experience, known as Shib: The Metaverse, with over 100,000 virtual land pieces for sale
- The Shiba collectable card game is one of the leading play-to-earn games, where players will collect tokens as rewards
Shiba Coin Exchange List
| Exchange Platform | 24h Trade Volume | Price |
|---|---|---|
| Binance | £24,890,000 | £0.000008873 |
| Coinbase Pro | £6,930,000 | £0.000008895 |
| Crypto.com | £680,107 | £0.000008836 |
| Kraken | £240,839 | £0.000008812 |
| Robinhood | £126,501 | £0.000008886 |
Best Metaverse Coins 2023 – Starlink
Starlink is also one of the top metaverse coins you can invest in. Users use Starlink coin to purchase and sell virtual pieces of land and real estate, buy satellites to rent to others or use, buy and sell NFTs, interact with other individuals, customize an avatar, gamble, explore, deliver and listen to informative sessions, and play games, among other things.
Users will use the Starl token as the primary currency for all metaverse transactions, enabling them to buy their own space station slice, trading products to customize space avatars, trading services, and satellites they can monetize via advertising. Starl holders can also trade the token for other digital assets or fiat currency.
Starlink Pros
- Starlink is still relatively new but is quickly gaining popularity, which is an indication of positive growth
- Starlink is established on a highly reliable and secure blockchain technology, making it safe
- Starlink is growing speedily, meaning it has the potential for massive earnings over the long term
Starlink Exchange List
| Exchange Platform | 24h Trade Volume | Price |
|---|---|---|
| Binance | £50,630 | £0.000001311 |
| Coinbase Pro | £22,512 | £0.000001218 |
| Crypto.com | £38,880 | £0.000001215 |
| Kraken | £11,763 | £0.000001221 |
| Robinhood | £18,816 | £0.000001220 |
We hope that you enjoyed our Best Metaverse Coins 2023 and Beyond article!
