10 Metaverse Coins to Watch in 2022 - 2
A few days into the new year, investors started researching 10 metaverse coins to watch in 2022.
In our previous article, we covered 5 of the 10 metaverse coins to watch in 2022, from low to high. We will look at the remaining 5 coins in this article, which is the second series.
- WAX (WAXP)
Founded in 2017, WAX stands for The Worldwide Asset eXchange™. It has been called the world's most environmentally friendly blockchain for NFTs, collectibles and video games. WAXP is the native token on the WAX Blockchain and is used as currency for purchasing video games, collectibles and NFTs.
WAX allows you to buy, sell and trade NFTs in their respective markets along with dozens of dApp games for users to play. He is known as the “King of NFTs” for successfully facilitating the sale of millions of NFTs from respected partners including Major League Baseball, Street Fighter, Atari and much more. WAX is also home to dozens of popular win-to-play Metaverse games, some of which include Alien Worlds, Farming Tales, Prospectors, R-Planet, and more.
- IoTeX (IOTX)
IoTeX is a scalable and privacy-centric Blockchain infrastructure for the Internet of Things. IOTX is the native token of the IoTeX Blockchain that powers the network. According to
Brabus, IoTeX has excellent potential for next year as its ecosystem continues to grow. So far, the analyst says, the IoTeX team has proven that their blockchain can drive a variety of applications and keep up with big boys like Ethereum and Binance Smart Chain.
The IoTeX ecosystem includes exchanges, wallets, and other unique metaverse projects. One of the analyst's favorites is StarCrazy, a blockchain-based play-to-earn Metaverse NFT game that allows users to earn GFT tokens. IoTeX also has the IoPay Web3.0 wallet available on Android and iOS devices. IoPay is the gateway to the IoTeX ecosystem that everyone can easily access.
- Sandbox (SAND)
According to the analyst, as one of the most valuable metaverse coin projects on the market, there is no doubt that The Sandbox has excellent potential for next year. Having successfully completed the alpha season, the team is preparing for a second alpha season soon.
Sandbox is an Ethereum-based 3D Metaverse that allows users to purchase and monetize land plots. It offers a gamified experience with missions, games and challenges to earn rewards.
- Decentraland (MANA)
The analyst thinks Decentraland is another big project with high potential for significant price gains next year. This 3D Blockchain-based Metaverse allows players to purchase land plots and explore the virtual universe.
Decentraland has been public since February 2020 and is the longest running 3D Metaverse project in crypto. According to the analyst, the only other project close to what Decentraland has to offer is The Sandbox.
- Solana (SOL)
Solana is a relatively new blockchain platform that was first launched in April 2019. However, CoinMarketCap did not start tracking its price until April 2020. Since then, Solana has seen incredible price increases as its ecosystem and platform continue to evolve.
According to the analyst, Solana is making a great project to watch in 2022 as its community grows exponentially. Some of the most popular dApps on Solana include Raydium, FTX, Magic Eden, Orca, and more. Solana's ecosystem is growing every day with more games released on its platform.