Bitcoin and Ethereum prices manage to surpass their monthly highs. Therefore, the cryptocurrency markets are showing a significant uptrend this week. Most metaverse coin prices show double-digit percentage increases. Thus, they benefit from the positive market momentum of cryptos. So, which Metaverse-based cryptocurrencies should investors watch in August?
- 1 5 Metaverse coins to watch
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5 Metaverse coins to watch
As the prices of metaverse-based cryptocurrencies rose, 2 analysts analyzed market data. Then, they shared their Metaverse coin projects, which should be watched carefully, especially in August. we too AmkNews.com We have compiled the list prepared by analysts for you.
Wilder World (WILD)
First on the list is Wilder World. Released in May 2021, Metaverse is building its digital world with its latest graphics engine, Unreal Engine 5. On the other hand, it continues to be a very cheap Metaverse coin with a market value of $ 44 million. It is possible to compare Wilder World with Rockstar’s GTA. Because it has a robust ecosystem for players to explore, create their characters and earn rewards. As a result, it stands out as one of the most anticipated projects of recent times. Although the project is still in its early stages, the NFT market is open. In other words, it is possible to buy in-game items such as real estate and clothes. WILD coin continues to rise from its market cap of $17 million in June. For this reason, it is among the coins to watch.
Launched in July 2021, Metahero (HERO) is one of crypto’s least understood and highly ambitious Metaverse crypto projects. It allows users to scan themselves and other real-world objects in the virtual world. The Metaverse coin project wants to build an ultra-realistic Metaverse for it. Partnered with Wolf Digital World (WDW), leader in 3D, 4K Photogrammetric scanning technology. The partnership aims to achieve its vision of deploying scanning stations around the world. WDW is used by studios that release popular games like Cyberpunk and The Witcher. HERO coin is a BEP-20 token that allows users to interact, pay for browsing services. Analysts are pretty bullish in the future for Meta Hero. According to available data, the project has a market capitalization of $44 million and a unit price of $0.008.
Released in June 2021, Starlink (STARL) is the highly rated and space-themed Metaverse that developed its game with Epic Games’ Unreal Engine 5. Users level up their characters and earn rewards in battles within this Metaverse. The project recently launched its open beta, which allows users to test its Metaverse. In addition to Metaverse developments, Starlink also hosts PixelNauts NFTs. The PixelNaut collection consists of profile pictures created by artists. Users can make their profile images in the game interesting with these NFTs. Metaverse coin STARL is trading with a current market cap of $48 million and an extremely low unit price of $0.000004826. Due to this cheap price, it is a must watch cryptocurrency in August 2022.
Decentraland is a Metaverse project with crypto game elements built on the Ethereum network. This project’s metaverse coin asset, MANA, also uses the ERC-20 smart contract on Ethereum. In Decentraland, users interact, play games, trade and perform other activities. Metaverse is a completely immersive experience that creates a community where interaction, commerce and play coexist. Users do not need to register to experience the Decentraland metaverse. The platform has not fully decentralized and supports guest mode. MANA is the token used for transactions in the Decentraland ecosystem. Users can use MANA as payment. MANA is also used for commercial activities on various exchanges.
Sandbox (SAND) is a virtual world created and designed for crypto users. Users gain access to features such as creating, buying, selling and interacting within the Blockchain-based Metaverse. The project encourages the creation of strong Metaverse communities. However, it makes its users both creators and consumers. It uses a win-win model to incentivize users. Accordingly, users can participate in various activities etc. in the Sandbox game. can earn passive income. Unlike Decentraland, this Metaverse is completely decentralized. SAND is a metaverse coin asset used for transactions on the Sandbox platform. It is also The Sandbox’s management token and ensures decentralization.
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