Metaverse Crypto Tokens: From Mark Zuckerberg (CEO of Meta) to Jagdish Mitra (CSO of Tech Mahindra), everyone is talking about the growth opportunities in the metaverse and Web3. The latest iteration of virtual reality is seen as a new frontier that could transform all industries.
Top 5 Metaverse Crypto Tokens With Maximum Growth Potential
Coingape previously reported that many metaverse crypto tokens outperformed top cryptocurrencies such as Bitcoin and Ethereum in January. So here are the top 5 metaverse tokens to consider this week!
Decentralized
Decentraland (MANA) is an ERC-20 token powered by the Ethereum blockchain. It allows users to create, experience and monetize content and applications.
Source – CoinMarketCap
At the time of writing, Decentraland is hovering around $0.7852, with a market cap of $1.45 billion and a 24-hour trading volume of $178,259,118. In January, MANA was the best performing Metaverse crypto token with about 150% of the price increase.
Show token
Built on top of the Ethereum blockchain, Render token aims to connect artists and studios with mining partners willing to rent out their GPU capabilities. The RNDR price is up almost 300% in the past 30 days, all thanks to the launch of a new foundation and the passing of a new tokenomics model.
Source – CoinMarketCap
Currently, the RNDR price is above $1.67, with a market cap of $424 million and a 24-hour trading volume of $216,208,796. If the token continues at the same pace, it could soon reach $2.
MAGIC
Next on the list of the best Metaverse crypto tokens to buy this week is MAGIC. It is the utility token used to buy and sell NFTs on the Trove marketplace and can also be staked.
Source – CoinMarketCap
On Saturday, MAGIC price soared to $1.90 with a 24-hour trading volume of $285,181,570. Looking at its performance right now, many metaverse crypto enthusiasts believe that this MAGIC may reach new heights by the end of February 2023.
Mask network
Launched in July 2019, Mask Network is a protocol that allows Facebook and Twitter users to encrypt posts on social media platforms. This token has the potential for growth and tight security protocols, making it one of the best February 2023 investment options.
Source – CoinMarketCap
In the past seven days, Mask Network is up 49.21% against the US dollar. At the moment, the MASK price is $4.79 with a 24-hour trading volume of $266,193,747.
FLOKI
Floki (FLOKI) is a cryptocurrency created by fans and members of the Shiba Inu (SHIB) community. At the moment, it is one of the best performing Metaverse crypto tokens on the market.
Source – CoinMarketCap
The price of FLOKI at the time of writing is $0.00002677, with a market cap of $238 million and a 24-hour trading volume of $13,850,265. At the same time, the circulating supply is approximately 8,917,452,316,422 FLOKI.
Also Read: Top 10 Metaverse Games To Play And Explore With Your Friends
Note: The information in this article is solely the opinion of the author and not investment advice.
CoinGape consists of an experienced team of native content writers and editors who work around the clock to cover global news and present news as fact rather than opinion. CoinGape writers and reporters contributed to this article.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.
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