Best metaverse crypto in 2024

“We are now called Meta!” Facebook founder Mark Zuckerberg announced on October 28, 2021. Thus, with the rebranding, the company declared its focus on creating a metaverse, and it is not the only one who has been captured by this newly emerging concept that bridges the gap between two dimensions: virtual reality and our tangible existence. This immersive virtual universe has captivated the imagination of individuals and industry leaders alike, fueling a wave of innovation and investment. Within the metaverse, a new breed of crypto projects and coins is paving the way for transfiguring experiences and endless possibilities.

In this article, we will present the best metaverse crypto projects, unveiling the top cryptocurrencies that are driving the charge in this exciting new frontier. Join us as we delve into the best crypto for the metaverse and uncover the key players in this transformative journey.

What is the Metaverse Cryptocurrency?

A full-fledged metaverse should allow buying, selling and participating in diversified activities as in the tangible world, and this is where the developments of the crypto industry fit in perfectly. The metaverse cryptocurrency refers to digital currency that is specifically designed and used within virtual worlds or metaverse environments. It serves as a medium of exchange, enabling metaverse citizens to trade virtual goods, engage in virtual economies, and even invest in metaverse projects. The metaverse crypto plays a pivotal role in the seamless fusion of virtual and actual economies, empowering users to navigate and thrive within this immersive digital universe.

The Potential of Cryptocurrencies Metaverse

The potential of cryptocurrencies within the metaverse is akin to unlocking the door to an infinite virtual universe. As digital landscapes merge with real-life experiences, cryptocurrencies become the lifeblood of this evolving ecosystem. They empower users to engage in frictionless transactions, own unique digital assets, and participate in decentralized governance, reshaping how we interact with virtual environments. With the metaverse poised to become a thriving social, economic, and entertainment hub, cryptocurrencies hold the key to a dynamic and immersive future, offering endless possibilities for innovation and financial growth.

On the other hand, the strength of the interaction between the metaverse and the crypto industry depends on the chosen path of development of the metaverse. It is possible to create a full-fledged virtual world only with huge resources, so it will be very difficult for even a large company to do it. According to experts, the Meta company will have to both develop many of its own solutions and involve ready-made ones on the side.

Cryptocurrency platforms and blockchain technologies as a possible basis of the future world can receive a strong push for development. This is especially true of large players who have already won the trust of users and investors. Tokenization of objects of the virtual world of the theory can lead to a new round of growth of NFT technologies, the game component of which is to set a new vector in the development of gaming.

Since the metaverse crypto coins are likely to become an integral part of our second reality, their value is expected to grow significantly. This means that now is the time to take a closer look at the most promising applicants for diversifying your investment portfolio, while the price of many of them does not exceed one dollar.

10 Top Metaverse Coins

In this section, we’ll explore the best crypto coins that are spearheading the evolution of the metaverse concept. From empowering virtual economies to enabling seamless interactions within immersive virtual spaces, these cryptocurrencies are at the forefront of shaping the metaverse landscape.

ApeCoin (APE)

• Current price: $2.05

• Market cap: $754,983,869

• Circulating supply: 368,593,750 APE

• Maximum supply: 1,000,000,000 APE

ApeCoin (APE) is a crypto belonging to the Otherside metaverse ecosystem designed by Yuga Labs. The ecosystem also includes Bored Ape Yacht Club (BAYC), which is one of the most striking and recognizable NFT collections. 

ApeCoin is the utility token of the APE ecosystem focused on strengthening the BAYC community. The utility token makes it possible to perform actions or initiate projects within the blockchain network. The APE token acts as a decentralized protocol layer for community activities aimed at promoting culture in the metaverse and creating new digital products.

The APE token, as well as the entire ecosystem, is controlled by Ape Coin DAO, a decentralized organization. Any holders of the APE digital currency can become members of the organization, which will allow them to influence changes in the network rules, project development, distribution of funds, etc.

The Sandbox (SAND)

• Current price: $0.4408

• Market cap: $852,847,684

• Circulating supply: 1,934,931,926 SAND

• Maximum supply: 3,000,000,000 SAND

The Sandbox is an Ethereum blockchain-based game, where users can purchase digital real estate, create NFTs, and be rewarded in SAND currency. The project ranks first in many charts of the most promising metaverse projects. A decentralized approach has been applied to the creation of the platform, which allows the project participants to feel like full-fledged owners of gaming property.

The fact that well-known gaming companies, including CryptoKitties and Atari, are investing in Sandbox also indicates that the purchase of SAND is promising.

Decentraland (MANA)

• Current price: $0.4008
• Market cap: $758,700,851
• Circulating supply: 1,893,095,371 MANA
• Maximum supply: not available

A full-fledged metaverse that offers oodles of possibilities for users. They can trade, purchase virtual items, and manage purchased properties. The Decentraland platform is built using blockchain-based free market technology. By registering, the player receives an avatar that can be improved in various ways – changing clothes, hairstyle, accessories, and more. MANA powers the Decentraland network. The token is used to purchase land plots and other virtual objects.

Highstreet (HIGH)

• Current price: $1.16

• Market cap: $46,816,915

• Circulating supply: 40,354,947 HIGH

• Maximum supply:  100,000,000 HIGH

Next on this list of the top metaverse crypto coins is HighStreet (HIGH). HighStreet is a metaverse that bridges the physical and digital worlds with a brand new MMORPG. HighStreet provides additional utilities to real products by turning them into in-game items. The project aims to define the next generation of retail and offers an easy, safe and fun way to shop online. 

The HIGH token is the native token of a decentralized trading metaverse focused on the game to earn, built with support for virtual reality. In addition to realizing a two-way currency flow in the physical and virtual worlds, HighStreet provides a marketplace where in-game items can be exchanged for real goods. During the gameplay, users have the opportunity to explore the metaverse, fight monsters and complete tasks, while purchasing goods that have both digital and real utility. Currently, some Shopify stores are already integrated into the platform HighStreet.

DeeLance (DLANCE)

• Current pre-sale price: $0.048 USDT

• Hard Cap: $6,800,000

• Tokens available in presale: 300,000,000 DLANCE

• Maximum supply: 1 billion DLANCE

DeeLance is a revolutionary decentralized platform catering to freelancers, offering an innovative metaverse experience alongside its proprietary crypto, DLANCE. Seamlessly connecting skilled freelancers with prospective employers, the platform redefines the traditional freelance marketplace.

Through DeeLance’s immersive metaverse, freelancers and clients can interact in virtual spaces, enhancing collaboration and productivity. DLANCE tokens serve as the gateway to unlocking various features, including workspace rentals, service promotion, and marketplace purchases.

For early adopters, the ongoing crypto presale presents a golden opportunity to acquire DLANCE tokens at a discounted price.

Tamadoge (TAMA)

• Current price: $0.01085
• Market cap: $15,114,242
• Circulating supply: 1,393,353,219 TAMA
• Maximum supply: 2,000,000,000 TAMA

A bright representative of gaming crypto, which is already becoming a leader among digital assets. The Tamadoge is based on the Doge aesthetic, augmented with the P2E mechanism. In the game, users are rewarded for success in TAMA currency. They can spend money on a branded marketplace, for example, to purchase dog accessories or a new pet.

The idea of the game is to raise puppies that will eventually become fighting dogs and will fight other players’ dogs. NFT technology was used to breed pets: users are engaged in mining, getting new puppies. Each dog is a unique digital object with its own character and appearance.

Tamadoge is a decentralized platform, the dogs are owned by gamers, they do not share it with anyone. The prize fund of the game is constantly replenished due to user spending on the marketplace.

The developers plan to create a mobile app, which will attract many more participants to the game. Even now, the aesthetics of the game is getting improved, and is becoming available not only for experienced traders and gamers, but also for newcomers. Tamadoge is evolving into a metaverse that pushes the boundaries and makes connections with other virtual game worlds.

Pikamoon (PIKA)

• Current price: $0.0006 (phase 3)
• Aimed market cap: $6,000,000
• • Raised: $3,704,171

• Pre-sale supply: 11173617982 PIKA

• Total supply: 50 billion PIKA
• Pre-sale total supply: 15000000000 PIKA

Pikamoon is an exciting new metaverse cryptocurrency venture that immerses users in a captivating free-to-play crypto ecosystem. The native PIKA token grants access to the mesmerizing Pikaverse, where exploration and epic battles await.

During Pikamoon’s Stage 3 presale, savvy investors can expect a 100% return on their investment by the official launch. Early investors holding the highest PIKA token count will even have the chance to mine NFTs for free.

Pikamoon’s users can dive into the virtual world of Dreva and uncover four distinct regions, each accessible based on the NFTs they possess: Thunder Collective, Earth Regions, Flame Empire, or the Water Kingdom.

The battle system enables players to unleash their NFT avatars, earning lucrative PIKA token rewards. Investors may enhance their chances with strategically purchased NFT items like healing potions, capture devices, and boosts.

During the ongoing presale, PIKA tokens can be bought at $0.0006 per token. With a total supply of 50 billion tokens and 15 billion allocated for the presale, Pikamoon has already raised over $3.7 million.

For comprehensive insights, explore the Pikamoon whitepaper, and join the Telegram channel to remain informed about this exceptional project’s developments.

Ethereum (ETH)

• Current price: $1,909.52

• Market cap: $229,559,775,165

• Circulating supply: 120,199,213 ETH

• Maximum supply: not available

Ethereum is a crypto that requires no introduction. Many popular metaverse projects – Decentraland, Sandbox, Axie Infinity Enjin Coin and others – have one thing in common – they are all built on the Ethereum blockchain. In fact, this applies to almost all metaverse projects.

Ethereum is the world’s leading smart contract blockchain and is an important part of the technology. This altcoin allows Metaverse virtual worlds to function in a decentralized and secure manner. And Ethereum’s transition to a proof-of-stake consensus mechanism opens the door for even more metaverse projects. In addition, when Metaverse projects build their ecosystem on top of the Ethereum blockchain, fees are paid in ETH. Thus, Ethereum is one of the best metaverse crypto coins to invest in today.

Battle Infinity (IBAT)

• Current price: $0.0004893

• Market cap (self-reported): $1.55 million

• Circulating supply (self-reported): 3.17 billion IBAT

• Maximum supply: 10 billion IBAT

Battle Infinity is a first-of-its-kind gaming platform that consists of several P2E sports games such as football, cricket, kabaddi, basketball, all integrated into the metaverse. The Battle Infinity fantasy sports league allows players to assemble teams and compete for points based on the actual position of their chosen clubs in the regular season. Those with the most points will move up the rankings and be eligible to receive IBAT, the platform’s native token.

What’s more, since the IBAT Premier League character players are NFTs, they can be easily traded by users. Since the value of players is determined by supply and demand, this increases the potential income from using the IBAT. If a player has had a good season, his market value will certainly increase.

The Battle Infinity ecosystem includes:

• IBAT Premier League, where users can create teams to play and compete with other members, allowing them to earn by accumulating points;
• Battle Swap, but a decentralized exchange, where you can directly buy IBAT tokens, as well as exchange winnings for another currency;
• Battle Staking, where users can stake their tokens for a selected period of time in order to receive passive income;
• Battle Games, a multiplayer game store where users can access a variety of P2E games;
• IBAT Battle Market, a digital game-related merchandise store where users can trade NFT assets with full ownership based on smart contracts.
• Battle Arena, where users can use and upgrade their avatars purchased from the IBAT Battle Market.

Floki Inu (FLOKI)

• Current price: $0.00002413

• Market cap: $227.85 million

• Circulating supply: 9.44 trillion FLOKI

• Maximum supply: no data available

Dog-meme-coin, named after Elon Musk’s dog, rounds out our best metaverse crypto to buy list. It may seem that the Floki Inu crypto metaverse project does not deserve much attention, compared to other meme-coins, such as SHIB and DOGE, which rank much higher in terms of market cap. But this is an erroneous judgment, since FLOKI survived in the conditions of a protracted bearish trend, and even managed to get into the top 100 cryptocurrencies in a short time in the face of fierce competition. Resilience to harsh crypto winters indicates the viability of the project, and a sufficiently low current cost can create good conditions for long-term investment prospects.

Despite the fact that the developers took advantage of the influence of the entrepreneur on meme-tokens, Floki Inu does not survive by hype alone. Now the project is busy developing several directions:

• Valhalla P2E NFT Metaverse
• FlokiPlaces NFT Exchange
• University of Floki educational platform
• The Floki Virtual Prepaid Debit Card (Visa/Mastercard), offered in partnership with FCF Pay
• A suite of decentralized finance products launched by FlokiFi.

The FLOKI token combines the ERC-20 (Ethereum) and BEP-20 (Binance Smart Chain) standards, allowing its owners to exchange coins, spend them or transfer them to other users. Also, this approach ensures the stability and speed of the project ecosystem.

Finally, Floki Inu has one of the most vibrant communities, calling itself “Floki Vikings” after a character from the TV series of the same name. It is thanks to the activity of the community that the startup continues to develop, and by acquiring the FLOKI token, investors become a part of it.

FAQ

Which crypto is considered the best for the metaverse in 2023?

In 2023, it’s challenging to pinpoint a single best crypto for the metaverse, as it largely depends on individual investor preferences and the specific metaverse category they wish to explore, be it gaming, educational, or others. Each top crypto brings unique benefits to the table, and selecting one should align with your interests to become an active participant in the metaverse community that resonates with you. Remember to research thoroughly and make an informed decision to fully immerse yourself in this exciting digital realm.

What features should I look for in a metaverse crypto?

When considering a metaverse crypto, look for features such as strong utility within the metaverse ecosystem, interoperability with other platforms, active development and community support, secure and scalable blockchain technology, and a clear roadmap for future growth. Additionally, consider factors like user-friendly interfaces and potential for token appreciation as the metaverse evolves.

Are metaverse cryptocurrencies a good investment?

Metaverse cryptocurrencies have the potential for significant growth and adoption as the metaverse industry continues to expand. However, like any investment, they come with risks and uncertainties. Investors should conduct thorough research, assess the project’s fundamentals, and consider their risk tolerance before deciding to invest in metaverse cryptocurrencies.

Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.