When it comes to technology, the word "Metaverse" appears to be popping up worldwide. It's still a niche innovation, but it's catching the eye of IT and Crypto entrepreneurs. As a consequence, in 2022, the potential of Metaverse coins remains unrealized. Having Meta, one of the world's largest tech corporations, gamble on the Metaverse and rebranding from Facebook is also helpful. This "Metaverse" initiative, which the firm claims to be the technological future, is said to have cost the corporation $10 billion last year. The blockchain and Cryptocurrencies will play a key part in this process.

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It's critical to keep in mind that the Metaverse is made up of multiple realms, each with their own unique ecosystem, economy, and currency. Investing in the finest 5 Metaverse currencies for 2022 is indeed the subject of this article. Along with their costs, we'll talk about how they're doing now and what destiny holds for them.

Also Read: The 7 Finest Metaverse Stocks To Invest In 2022

Following are the 6 best Metaverse coins that one can purchase and invest for this year.

1. ApeCoin (APE)

Tokens identified as ERC-20 tokens may be found on the Ethereum blockchain, and APE is no exception. Owners of Apecoin may partake in the administration of the Ape environment as well as get membership to gaming as well as other services exclusively accessible to users of Apecoin. An forthcoming Yuga Labs Metaverse game called Otherside will soon allow Apecoin users to utilize their coins in the famous Bored Ape Yacht Club NFTs. At the time of its debut, Apecoin was predicted to have 30 percent of its maximum quantity in existence. By comparison, the biggest Metaverse currency by market valuation is #$2435 billion, regardless of the fact that it is just a few months old.

2. Axie Infinity (AXS)

When it comes to mechanics, Axie Infinity is indeed a lot like the original Pokemon. It is possible to buy and sell NFT original characters, as well as trade and fight with them. In addition, empires may be built, wealth quests can be undertaken, and commodities can be discovered. In terms of Metaverse games, which has the most active and involved player base of every one of them. It is possible to get AXS by engaging in a wide range of actions in the game. Because it is based on the Ethereum blockchain, AXS has a high gas cost, while being available on cell phones, Windows, and Mac computers of all types.

3. Sandbox (SAND)

The Crypto Metaverse initiative is an on-going initiative. The Sandbox has performed well. SAND, the platform's native token, has been steadily rising throughout 2021 and eventually reached the $1 mark in the fourth quarter of the year. Until May 15, SAND was trading at $1.37 per share. This project involves bringing the Metaverse concept to life using a virtual reality component. Games like Atari have given their support to the Sandbox's development. HSBC just made the buying of Metaverse real estate. However, the development and exchange of NFTs is a major component. The SAND Metaverse tokens may be used to generate NFTs.

4. Decentraland (MANA)

It's an Ethereum-based platform that lets you buy, sell or develop virtual properties which can be browsed on your Computer, smartphone, or virtual reality headset. Several Crypto exchanges offer MANA as a native token, making this one of the most prominent and commonly accessible Cryptocurrencies on our list. A surge in interest in MANA and the Metaverse was indeed sparked by Facebook's announcement that it will be changing its identity to Meta. As of the 12th of May 2022, it was trading for $0.7293 and had a market value of $1.37 billion.

5. Highstreet (HIGH)

If you are interested in the Metaverse, Highstreet is a promising project with VR compatibility. For starters, the virtual currency HIGH may be used to make purchases in this virtual world. There are already a few Shopify shops that have been connected with the system. Gaming and NFTs are also on the agenda, so it appears to be keeping up with the latest technology and Cryptocurrency advancements. Coinbase has added High to its list of supported Cryptocurrencies. Metaverse technologies already has fulfilled its promise in a real-world context with this initiative. Consider this if you're an investor who values pragmatism above everything else.

6. Floki Inu (FLOKI)

If you're looking for low-cost Metaverse Cryptocurrency, go no further than the "meme token" Floki Inu, which has a dog design. In addition to claiming to develop a game and an NFT marketplace, the project's site says that its ultimate objective is to combine memes with real-world apps. Although FLOKI is in its infancy, individuals are still purchasing tokens. The value of Floki Inu has surged by a stunning 1331 percent ever since inception in July 2021, despite the fact that there is presently no official market capitalization for the currency. A slew of Metaverse efforts are popping up all over the country, but only a few stand apart.

The Bottomline

Metaverse initiatives are springing up left and right, but only a select few demonstrate true promise and rise to the top. It's a smart idea to participate in many of these ventures since the Metaverse notion is strongly anchored in the blockchain and bitcoin. Don't gamble all of your savings on a single wager, just as with any other investment. It's advisable to acquire a variety of tokens and to focus on the ones you believe have the most promise.

Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.