Leading crypto experts shared 5 Metaverse Coin projects that will be on the rise in the near future! These metaverse coin projects will ‘peak’! Here are the details…
Experts shared 5 Metaverse Coin projects that will rise soon!
As Cryptokoin.com reported, the crypto money market has faced significant gains since the beginning of 2023. While many investors have made huge profits since early 2023, experts are pointing to new cryptocurrency projects that they think will be on the rise. According to CoinMarketCap data, the names that draw attention to the top 5 metaverse coins that stand out with their market value, these coins; Announced as ApeCoin (APE), Internet Computer (ICP), Stacks (STX), Decentraland (MANA), and Theta Network (THETA).
ApeCoin (APE)
Operating on the Ethereum Blockchain, ApeCoin (APE) is an ERC-20 coin. The popular metaverse coin APE is a utility coin used to empower and reward members of the APE community who participate in creating Web3 products within its ecosystem. According to CoinMarketCap data, APE has a market cap of $1.51 billion, placing it at the top of the list as the leading metaverse coin. The project, which is in the 40th place in the market in general, has decreased by 2.6 percent in the last 24 hours and is instantly traded at $ 4.09.
Internet Computer (ICP)
Another project that draws attention among metaverse coin projects, which is very close to the market value of ApeCoin, is Internet Computer (ICP) with a market value of 1.5 billion dollars. ICP was traditionally created as an innovative “World Computer” blockchain project with the aim of creating a variety of online systems and services without the need for IT. ICP has lost 1.71 percent in the last 24-hour period and is instantly trading at $ 4.94.
Stacks (STX)
Stacks, which has recently come to the fore among crypto money projects, has the STX coin, which is in the 42nd place in CoinMarketCap. The project is the 3rd largest metaverse coin by market value. While the market value of STX is at the level of $ 1.31 billion, its price is instantly at $ 0.96. Stacks is described as a layer-2 protocol on the Bitcoin blockchain that enables the development of smart contracts and allows decentralized applications to use BTC for transaction settlement.
Decentraland (MANA)
Decentraland (MANA) has been among the major metaverse coin projects that have been known in the cryptocurrency market for a long time. It has a market cap of $1.09 billion, according to CoinMarketCap data, which classifies it as the 49th largest cryptocurrency by market cap. MANA, the 4th largest coin among the metaverse coins, is instantly traded at $0.59. Decentraland can be described as a virtual reality platform (VR) powered by the Ethereum Blockchain. It allows users to create content, who can also monetize such content and apps.
Theta Network (THETA)
Theta Network’s native coin, THETA, appears as the 5th largest metaverse coin according to CoinMarketCap data and ranks as the 51st crypto currency overall by market cap. THETA has an instant market cap of $1.02 billion and is trading at $1.02. The aim of the project is defined as a video streaming blockchain project where users share bandwidth and computing resources on a peer-to-peer basis.
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