After the November 2021 bull run, the Metaverse coin market has raised funds from large companies and individual investors as the market is open to such initiatives. With hundreds of metaverse projects on the market, it’s hard to determine which ones should be on the radar. In this article, let’s take a look at the analysis for 3 projects that can be added to the metaverse coin basket from the list of analyst Paul Brabus.
Here are 3 projects for the metaverse coin basket
The analyst’s top pick is Theta Network (THETA), a blockchain-based Twitch-like streaming platform. THETA’s metaverse includes a variety of products, including a trusted NFT marketplace and a streaming platform that allows users to earn TFUEL tokens for watching streamers. THETA was one of the highest performers in the market, up 40% from last week. With NTF and metaverse projects in vogue, adding THETA to the 2022 radar may be a logical option, according to the analyst.
In second place is Sandbox (SAND), one of the 3D virtual worlds with various RPG modes, whose alpha phase is released in December 2021. Sandbox has one of the important virtual land economies with the LAND token used in land sales in the metaverse. This week, SAND had one of the best performances, gaining more than 20%. SAND is currently holding over 550 LANDs, 8 ESTATE auctions, and a Web3 LAND sale with various premium NFTs.
According to the analyst, investors who want to evaluate the metaverse coin market can keep some SAND or LAND in their portfolio. Before moving on to the first row of the list, cryptocoin.com You can review the metaverse guides that we have prepared as part-1, part-2 here.
Decentraland (MANA)
First released in February 2020, Decentraland (MANA) is considered one of the original metaverse projects and a pioneer of the industry. The analyst adds that MANA is his personal favourite, offering a promising 3D browser experience with hundreds of realms to visit and explore. Meanwhile, Decentraland is completely free to explore and users can connect to the virtual world through their browser and a compatible wallet like MetaMask. Decentraland also has the most active LAND and NFT market with thousands of options. In addition, companies such as Metaverse Group, Samsung, JMD Capital confirm the confidence of large investors.
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