For investors looking for the best metaverse and gaming crypto projects to buy, Cameron Fous, an original trading guru, has identified 5 metaverse and gaming altcoins that have the potential to help their holders become millionaires.
Binamon (BMON)
The first metaverse coin on the analyst’s list with huge earning potential is Binamon (BMON). Binamon is a complete Digital Monsters metaverse that lives on the Binance Smart Chain (BSC) and allows millions of people to join the NFT and blockchain-based gaming world in an easy, creative and fun way.
Users will be able to create and receive a physical version of their Binamon at home. However, for this they need to use the smart contract created for this purpose, prove their ownership of NFT and pay for it with BMON token.
According to CoinGecko data, BMON has dropped 84 percent from its peak. However, the analyst thinks the road to a 30x explosion is only a matter of time as a group of players are already in the play-to-win metaverse.
BMON is trading at $0.13 and has a market cap of over $22 million.
Decentraland (MANA)
The second is Decentraland, an altcoin that can be seen at the top of many charts these days. Decentraland (MANA) describes itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience and monetize content and applications.
In this virtual world, users can purchase plots that they can later navigate, build on and earn money on.
MANA’s price chart is trading in a triangle breakout. And this trend is considered to be one that could make the altcoin hit an all-time high. According to the analyst, traders can buy at the bottom in the previous supply and wait for the descending pattern to be broken.
The price of MANA is trading at $3.27 per coin at the time of writing and has a market cap of $4.5 billion.
Netvrk (NTVRK)
Cameron on the list of high potential metaverse coins Netvrk (NTVRK) placing it in third place. Netvrk is a social virtual world built on the blockchain that allows users to create various types of NFTs and earn passive income by selling or renting their properties.
NTVRK token; There are many use cases such as purchasing assets, land, ad space, creating NFTs and users creating metaverse space within metaverse. With a multitude of use cases and the huge potential of metaverse and gaming altcoins, Netvrk could totally explode in 2022.
Yield Guild Game (YGG)
The next altcoin on Cameron’s list is Yield Guild Games. Yield Guild Games (YGG), is a decentralized autonomous organization (DAO) that invests in non-fungible tokens (NFTs) in the virtual world. The organization’s goal is to create 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, people have become more willing to participate in play-to-win games, which has helped increase the popularity of the platform.
Cameron could see big moves for YGG, like another 60 percent growth or a rebound to an all-time high, which is why he’s putting it at #4 on his list.
The YGG token is currently trading at $5.22 and has a market cap of over $459 million.
Enjin Coin (ENJ)
The last altcoin on Cameron’s list is what the analyst commented on, saying “this is a great NFT platform” Enjin Coin (ENJ).
Enjin Coin is a project by Enjin, a company that provides an interconnected, blockchain-based ecosystem of gaming products. Enjin Network is the company’s flagship product, a social gaming platform that allows users to create websites and clans, chat, and host virtual goods stores.
Enjin allows game developers to tokenize in-game items and store them on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to support digital assets issued through its platform, allowing it to be bought, sold and traded in real world currency.
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 need more customization, the Enjin platform can easily solve this problem as well. Because of all these inspiring features, Cameron has this potential big altcoin in mind.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.