5 Best Metaverse Crypto Coins to Buy in 2022
By Space Coast Daily // October 6, 2022
Over the next few years, people’s interest in the Metaverse, which links the real and virtual worlds, is likely to grow quickly. Even more so now that Facebook, the most popular social media site in the world, has changed its name to Meta Platforms.
If you are planning to trade Bitcoin, you may consider knowing about the Bitcoin Technology.
This article will look at the best Metaverse crypto currencies that you might want to buy in 2022. Also, we’ll show you how to get the Metaverse tokens you want in less than five minutes through a broker who is regulated by the SEC.
1. Lucky Block
Lucky Block is a very new project for the NFT competition. It plans to add different metaverse game elements for its participants in the later stages of its roadmap. You can read about these goals on the Lucky Block site.
Only on the Lucky Block platform is the LBLOCK coin used to keep the network going and settle transactions. In the first two weeks after LBLOCK was introduced in January 2022, its value went up by 1,100%. LBLOCK also released a new V2 coin, which is an ERC-20 token that can be traded on exchanges that are closely watched (CEXs) (CEXs).
Now that LBLOCK can be used on LBank and Uniswap, it is easier to move it around the world. Because of this, it’s possible that more people will trade LBLOCK in 2022, which will cause its value to go up.
In September, Gate.io will also add LBLOCK to its list of cryptocurrencies. CoinMarketCap’s list of cryptocurrency exchanges ranks Gate.io fifth in terms of how much money is traded there. Now that LBLOCK is on a top-tier cryptocurrency exchange, it may be able to reach some of its previous highs.
Ethereum is a decentralized, open-source platform that uses smart contracts to give web 3.0 developers financial incentives. It has become a hub for the metaverse industry because this feature makes it easier to build a wide range of decentralized finance (DeFi) protocols, network-based transactions (NFTs), and other decentralized applications (DApps) (DApps).
Notably, the market value of Ethereum is more than $230 billion, making it the second largest cryptocurrency and the largest altcoin. Also, Ethereum is planning to release ETH 2.0, a new version. Some scaling and network problems that have been bothering the network should be fixed by this update.
In 2021, the Decentaland platform quickly became known as one of the best cryptocurrency businesses in the metaverse. Through this decentralized project, people in a virtual world can buy, sell, and trade virtual real estate.
On Decentraland, users can get access to thousands of LAND pieces, each of which is a token that can’t be traded (NFT). MANA is a new cryptocurrency with a lot of potential that you might want to buy in 2022. You can buy, sell, or trade any NFT land piece with it.
4. Yearn. finance
Yearn.finance (YFI) is quickly turning into one of the best investments for 2022 in the metaverse and on the web 3.0. People who buy DeFi can use this decentralized cryptocurrency to pool their money together. It also gives investors loans and checks their credit in a way that isn’t controlled by a single organization.
The YFI coin is a deflationary asset that will only be made in 36,000 pieces. In 2021, the coin was worth $93,000, which was its highest value ever. In 2022, its value went down.
In the past few years, Sandbox has become known as both a top metaverse and a top play-to-earn cryptocurrency. Sandbox wants to be an open-world game like Minecraft, where players can build in a virtual world and use web 3.0 features to earn cryptocurrency rewards.
The most interesting thing about Sandbox is that players will be able to land in the metaverse and get pieces of virtual products. So far, tokens worth $1 million have been bought. You can buy and sell with the native cryptocurrency token, SAND, in the Sandbox environment.
Even if you want to invest in cryptocurrencies and the future of the Metaverse, you should be very careful. Many people who study the market say that Meta Platforms will be in charge of this cutting-edge business. That’s why things are the way they are. We’ve already said that Facebook’s new business name is Meta Platforms.
After all, Meta Platforms has a lot of money to put into its Metaverse project and billions of people use its different social media platforms every day. This is a chance for Meta Platforms to do something.