According to popular crypto researcher Cameron Fous, the best altcoin, metaverse coin or gaming cryptocurrencies to buy could be removed from the list of millionaires. Here are 9 metaverse coins bought by millionaires…
BSC-based Metaverse coin: Binamon (BMON)
The analyst’s first potential metaverse coin is Binamon. Binamon is a metaverse of Binance Smart Chain (BSC) based digital beasts that allows millions of people to join the NFT and Blockchain based gaming world in an easy, creative and fun way. Users can create and receive a physical version of their Binamon at home. For this, they need to use the smart contract created for this purpose, prove that they are the owner of NFT and pay with BMON token.
- BMON is down 83.92% from ATH and is trading at $0.1384 with a market cap of $15.9 million.
Metaverse coin lands: Decentraland (MANA)
Second, we take a look at Decentraland, an altcoin that can be seen high on many charts these days. Decentraland (MANA) describes itself as an Ethereum-based virtual reality platform that allows users to create, experience and monetize content and applications. In this virtual world, users purchase plots that they can later navigate, build on and earn money on.
- MANA’s price chart is in a triangle breakout. And this is a model that can reach the ATH level, according to the analyst. MANA has a price of $3.26 at the time of writing and a market cap of $5.9 billion.
Social virtual platform: Netvrk (NTVRK)
The analyst positions Netvrk third on its list. Netvrk is a social virtual world built on Blockchain that allows users to create things and earn money. NTVRK token has many use cases such as buying land, ad space, creating NFT and creating metastore space within the users metaverse. With a multitude of use cases and a huge metaverse and gaming altcoin potential, Netvrk could be tracked in 2022, according to the analyst.
Yield Guild Game (YGG)
The next altcoin Cameron talks about is Yield Guild Games. Native token YGG is a decentralized autonomous organization (DAO) investing in virtual world NFTs. The organization’s purpose is to develop the world’s largest virtual economy, optimize assets to maximize utility, and share revenues with stakeholders. In decentralized games, Yield Guild Games has created a community of players and investors that make money by investing in NFTs used in virtual worlds and Blockchain-based games. Due to the pandemic, which has helped increase the popularity of the platform, people have become more willing to participate in play-to-win games. Cameron can see big moves from YGG again like 60% growth and reaching ATH levels, so he’s putting him at #4 on his list.
- The YGG token is trading at $5.21 and has a market cap of more than $360 million.
Metaverse coin platform: Enjin Coin (ENJ)
Enjin is the next altcoin Cameron talks about because he thinks it’s a “great NFT platform.” Enjin Coin is a project by Enjin, a company that provides an ecosystem of interconnected, Blockchain-based gaming products. Enjin’s purpose is Enjin Network, a social gaming platform where users can create websites and clans, chat, and host virtual goods stores. Enjin allows game developers to tokenize in-game items on the Ethereum Blockchain. Uses Enjin Coin, an ERC-20 token, to support cryptocurrencies issued using its platform; this means that items can be bought, sold and traded at real world value.
Users can hold NFTs in their Enjin wallets and use these NFTs for businesses. Also, Enjin can be used for developers to create NFT games on the website, and if they want more custom, Enjin platform can solve this problem. That’s why the analyst says he sees potential in Enjin.
Ethereum scaling solution: Polygon (MATIC)
The next altcoin that the analyst mentions is Polygon. Polygon (MATIC) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is the Polygon SDK, a modular, flexible framework that supports building multiple application types. MATIC builds a kryptonite model that heats up from the potential explosion of ATH. If it rises above $2.5 or $2.6 and reaches above $3, it has the potential to go up to $6. Cameron thinks there will be a pair from the latest candle to and above $4.
- MATIC is priced at $2.3 and has a market cap of over $16.5 billion.
Interoperability Blockchain: Polkadot (DOT)
cryptocoin.com Polkadot is the next potential altcoin on Cameron’s list, whose analysis we quoted. Native token DOT is an open source multi-chain sharing protocol that facilitates the cross-chain transfer of not only tokens but any type of data or asset, thus making a wide variety of interoperable Blockchains. This interoperability aims to establish a fully decentralized and private network controlled by its users and to simplify the creation of new applications, institutions and services. Cameron thinks DOT can do 2x after $25.
- DOT changes hands at $25.19 and has a market cap of over $24 billion.
PoS Blockchain giant: Cardano (ADA)
Cardano is a PoS Blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring positive global change. Analyst says Cardano is making big moves and calling the bull. According to the analyst, when they have a lot of support, around $1 to $1, its price will turn into an uptrend. This is the sign of lows. With the potential to double the cost of ADA, buying at the bottom could help investors reap huge profits in 2022, according to the analyst.
- At the time of writing, the ADA price is $1.2 and its market cap is $42 billion.
Strongest Ethereum competitor: Solana (SOL)
Solana is a highly functional open source project that relies on the permissionless nature of Blockchain technology to provide DeFi solutions. While ideas and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation, headquartered in Geneva, Switzerland. Solana is in bearish territory, but has just risen and Cameron thinks it has upside potential. Cameron emphasizes the following about Solana:
The average in SOL is about $180, $190 but I’m definitely very optimistic about Solana, I think it’s a major player.
- SOL is trading at $181.12 and has a market cap of over $55.8 billion.
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