Cryptocurrency

5 Top Metaverse Coins To Buy Now – What’s Next To Explode

Published

2 weeks ago

January 19, 2023

5 Top Metaverse Coins To Buy Now – What’s Next To Explode

2023 is likely to be the year of the metaverse. With so many metaverse crypto projects on the market, how do you know which ones are the best? This is the place to find out. In this article, you’ll discover five of the top metaverse coins that are favorites of industry experts, why you should invest in them, and which one could outperform them all.

1. Metacade (MCADE): Web3’s Community Hub for the Metaverse

Metacade is the ultimate social platform for metaverse and play-to-earn enthusiasts. Its where users can connect with like-minded peers, discover how to earn more from metaverse gaming, and participate in the world’s first fully player-owned arcade. While there are many metaverses out there, Metacade is the hub that can link them all together, creating a central metaverse meeting point for players across the globe.

Social hubs are vital for gamers, and Metacade is getting in early to cement itself as the go-to place for blockchain-based gaming. It’s planning to implement a number of features that will be invaluable to metaverse explorers in the coming years. For instance, there will be forums for discussing the latest tactics, live chats for collaboration in real-time, and a comprehensive review system to help you find the metaverse and P2E games worth playing.

To encourage its members to make the platform the best it can be, Metacade will offer rewards for sharing reviews, GameFi alpha, or other useful content. The benefits here are two-fold: players, no matter their background, can earn simply by offering their thoughts and expertise, all the while turning Metacade into Web3’s number one repository for everything metaverse gaming.

These rewards are just one of many ways users can earn through the platform. Alongside regular prize draws, competitions, and tournaments, Metacade will be launching its job and gig board in Q1 2024 with the aim of becoming a Web3 gaming employment hub. Users will be able to find work at the cutting edge of metaverse development. Metacade members can even boost their income by offering feedback on games using the platform’s native testing environment, some of which will be developed through the Metagrant program.

Metagrants are one of the most talked about features of Metacade. Essentially, it allows MCADE holders to decide which developers should receive funding from the treasury to get their games off the ground. Developers submit their proposals to one of the Metagrant competitions, and users vote for their favorites. The idea with the most votes is allocated financing, with the final game being added to Metacade’s virtual arcade.

These features have been well-recognized by investors over the past few weeks. Despite being in presale, Metacade has managed to raise over $3m in stage 2 – $1.12 million of which was invested in under 3 weeks. With more investment expected to flood in over the next 7 stages, the MCADE token could go parabolic once it hits mainstream exchanges. With all of this in mind, Metacade is definitely the top metaverse coin to buy right now.

>>> You can participate in the MCADE presale here <<<

2. Ethereum (ETH): A Vital Component for Many Metaverse Projects

Have you ever heard of the phrase, “in a gold rush, invest in picks and shovels?” This analogy can be applied to Ethereum, the leading smart contract platform that provides the critical infrastructure for the majority of top metaverse coins. In fact, three of the five tokens on this list are built on Ethereum!

Smart contracts are vital for blockchain-based metaverses, allowing them to operate securely without needing a centralized authority. Ethereum has already proven itself through the thousands of decentralized applications (dApps) hosted on its network. Its DeFi dominance, for example, has been unparalleled since DeFi entered the mainstream. Even today, Ethereum accounts for 59% of all DeFi transactions (DeFiLlama).

Going forward, Ethereum is expected to be the chain of choice for metaverse developers. With the recent Ethereum Merge being carried out successfully, this seems even more likely. That’s because it allows the network to implement sharding – a move that’s expected to boost Ethereum’s speeds to over 100,000 transactions per second while reducing fees significantly.

Considering that all transactions made in any Ethereum-based metaverse will require gas fees to be paid in ETH, the token has the potential to see much higher demand once the metaverse becomes more commonplace. Combined with its versatility in other sectors of the crypto sphere, Ethereum is one of the top metaverse coins to buy right now.

3. The Sandbox (SAND): A Well-Established Metaverse

The Sandbox is a virtual world built on Ethereum where players can create, share, and monetize their own gaming experiences. It allows players to purchase in-game land, represented by the LAND NFT token, and build whatever they like using the VoxEdit and Game Maker tools.

These tools let players explore their creativity on a level that’s yet to be reached by other top metaverse coins. For instance, VoxEdit enables users to manipulate blocks, known as voxels, to build almost anything their imagination will let them, like sculptures, cars, and AI foes. These objects can then be bought and sold on The Sandbox’s Marketplace with the SAND token, opening up a source of income for creators.

Meanwhile, the Game Maker has a full suite of features that allows users to build incredibly immersive experiences, like dialogue, camera angles, quests, and more. In contrast, while other leading metaverse projects like Decentraland encourage user-generated content, they don’t give players anywhere near the same depth of customization and control as The Sandbox.

Perhaps one of the most convincing reasons to consider The Sandbox as a top metaverse coin is its partnerships. The platform has partnered with several big-name brands, gaming companies, and franchises that expand The Sandbox’s market reach. For instance, Gucci, HSBC, The Walking Dead, Tony Hawk, and Atari have all built their own experiences inside The Sandbox’s metaverse. This list is expected to keep growing over 2023 and could be a catalyst for further appreciation in SAND’s price.

4. ApeCoin (APE): Investors Are Going Bananas for Otherside

ApeCoin follows on from the unbelievable success of some of the world’s most valuable NFT projects. Launched in 2022 by Yuga Labs, ApeCoin is the native token of the Ape ecosystem, a term used to describe the all-encompassing universe of Yuga’s creations, like Bored Ape Yacht Club (BAYC), the ApeCoin DAO, games, events, and services. Most excitingly, this ecosystem now includes Otherside, Yuga Labs’ most ambitious project to date.

Otherside is an open world, like The Sandbox, that lets users buy virtual land, interact with fellow metaverse explorers, and build their own creations on a faraway planet. It’s being built in collaboration with Animoca Brands, The Sandbox’s parent company, Improbable, is a UK-based gaming studio. Improbable has created M², a network that allows over 10,000 players to seamlessly use Otherside simultaneously. It also allows for the game to be streamed, meaning that users won’t need high-end computers to access Otherside.

In July 2022, players got their first glimpse of what the polished game might look like with the “First Trip” demo. This demo revealed that it was just the first step in an 11-part narrative that will see thousands of users collaborating to take on bosses and complete missions.

Otherdeeds, the in-game real estate, also launched with massive success. In the first 24 hours of the Otherdeeds mint, over half a billion dollars was spent by users racing to get their hands on one of the 55,000 NFTs. It also caused significant congestion on the Ethereum network, sending transaction fees skyrocketing.

With APE expected to be the de-facto currency of this metaverse, 2023 could bode exceptionally well for ApeCoin investors. Otherside doesn’t yet have a formal release date but is expected later this year. When it launches, it could launch APE into the stratosphere, making it one of the top metaverse coins right now.

5. Star Atlas (ATLAS): Bringing Space Exploration to Your Living Room

Star Atlas is arguably one of the most ambitious projects on this list. It describes itself as “a grand strategy game of space exploration, territorial conquest, political domination, and living among the stars”. From what’s been seen so far, it could be (literally and figuratively) huge. Built using Unreal Engine 5, Star Atlas promises players an unforgettable and visually stunning interstellar experience. It’s undoubtedly borrowed characteristics from EVE Online, one of the world’s most-played MMORPGs, and could soon attract thousands of players from the EVE community.

Star Atlas sees players exploring the far reaches of the universe in their own spaceships, battling for territory, and teaming up with others to form factions. Whereas other metaverse games have received criticism for their inability to rival traditional AAA titles, Star Atlas is expected to be the first of its kind in bringing console-grade gaming to crypto.

By using the Solana blockchain, Star Atlas enables fast and cheap transactions whenever players purchase in-game items, which are stored as NFTs on-chain. Ships, structures, and consumables can all be traded on Star Atlas’s in-game market using the ATLAS token, with mined resources also expected to be a source of income for many players.

Besides expanding their space empires and mining capabilities, players can also participate in factional and regional DAOs to help determine the next steps for their side’s strategy. If you own the POLIS token, you can also participate in the larger Star Atlas DAO to influence the game as a whole.

While the game is still under development, it’s predicted to launch sometime in 2023. A demo was launched on the Epic Games Store in September 2022, and from what’s been seen, the finished product could be incredible. For that reason, ATLAS is one of the top metaverse coins to buy for 2023.

Metacade (MCADE) Is Poised to Be a Top Metaverse Coin in 2023

As the metaverse gains traction, there’s no doubt that these five tokens have a strong chance of benefitting from the industry’s growth. Established players, like Ethereum and The Sandbox, might have limited upside potential but are likely to be safe investments as metaverse adoption grows. Newer tokens, like ApeCoin and Star Atlas, are definitely more speculative, but if they meet up to their promises, they could make millionaires in 2023.

Metacade, however, seems to be the best investment choice of them all. Given its goal to become the ultimate metaverse gaming platform, Metacade stands to benefit from the massive growth in metaverse interest as a whole and is not tied to a particular game’s performance. It’s akin to investing in Netflix vs. investing in a single movie.

It seems like some of the more savvy investors seem to realize this too. As mentioned, Metacade has raised over $3m since the start of presale. Its MCADE token is currently priced at 0.012, but time is running out to pick up coins at such a low price. MCADE will its finish presale at $0.02. Don’t wait: check out what analysts are calling one of the top metaverse coins of 2023 right now!

You can participate in the MCADE presale here.

The post 5 Top Metaverse Coins To Buy Now – What’s Next To Explode appeared first on Analytics Insight.

Related Topics:Cryptocurrency Metaverse coins

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Bitcoin Price

Crypto Market Turns Red – Here Are The Key Events To Watch This Week

Published

14 hours ago

January 30, 2023

Elena R

Crypto Market Turns Red – Here Are The Key Events To Watch This Week

The crypto market started the year on a positive note where most of the cryptocurrencies doubled their value. Since the start of 2023 Bitcoin has jumped nearly 40% and managed to hit a high of $23,861 just a day before, on January 29. This phenomenon pushed the overall cryptocurrencies on a brighter side where even the global crypto market cap has moved beyond the $1 trillion mark.

At the time of writing, Bitcoin is valued at $23,236 after a fall of 1.32% over the last 24hrs.

However, many industry experts have claimed that the upcoming week will not be a cakewalk for the crypto market. This is because they expect many global events that might rebound the positive market and the same is already felt as BTC loses nearly 2% in the last 24hrs.

Top Events Affecting Crypto Market

Fed’s Interest Rate Hike

The Federal Open Market Committee or also known as FOMC is set to have its next meeting on February 1st. Even though most of the investors and traders expect the US Federal Reserve to reduce the interest rate hike by 25bps, the possibility for 50 bps is still under consideration. Further, this interest rate hike will influence Fed Chair Jerome Powell’s approach.

Interest Rate Hike By European Central Bank

Next, as per the reports, the European Central Bank is expected to increase interest rate by 50 bps. Along with the European Central Bank, even the Bank of England is set to hike interest rates by 50 bps on February 2nd.

Major Tech Companies To Release Quarterly Results

It’s a known fact that the crypto market is always correlated with the US stock market, especially Nasdaq 100. This week major tech companies like Meta, Apple, Google and Microsoft are set to release their quarterly report which will have a deep impact on Bitcoin.

US Unemployment Data

This week the US Bureau of Labor Statistics will release the non-farm payrolls and their unemployment rate data. As of December 2022, the US unemployment data has decreased to 3.5% as the country’s economy had added 223,000 jobs during the same time.

The coming week will be extremely important for the crypto market because of which the traders and investors will have to reconsider their investment decisions.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Cryptocurrency

Top Cryptocurrency Prices Today: Bitcoin And Ethereum Trade Higher

Published

1 day ago

January 30, 2023

Jayanti

Top Cryptocurrency Prices Today: Bitcoin And Ethereum Trade Higher

Bitcoin with many others register hikes. Analytics Insight lists the top cryptocurrency prices for today

Top cryptocurrency Prices today were trading higher and the world’s largest and most popular digital token Bitcoin is trading at more than US$23K. The value of Ethereum also surged by more than 2 percent and is trading above the US$1,600 mark. Other top Cryptocurrencies such as Solana, Tether, BNB, and XRP also posted decent gains. The global cryptocurrency market cap was trading higher at the US$1.08 trillion mark, registering a hike of nearly 2 percent in the last 24 hours.

Below, Analytics Insight enlists the top 10 cryptocurrency prices for January 30, 2023.

Bitcoin: US$23,719.99 (up by 0.02%)

Ethereum: US$1,635.12 (down by 0.12%)

Tether: US$1.00 (down by 0.00%)

BNB: US$314.66 (down by 0.20%)

USD Coin: US$0.9999 (up by 0.01%)

XRP: US$0.4119 (down by 0.62%)

Binance USD: US$$1.00 (up by 0.03%)

Cardano: US$0.392 (down by 0.18%)

Dogecoin: US$0.06051 (down by 0.23%%)

Polygon: US$$1.16 (up by 0.09%)

According to coinmarketcap, the global crypto market cap is standing at US$1.08T, indicating an increase of over 1.63% over the last day.

The post Top Cryptocurrency Prices Today: Bitcoin and Ethereum Trade Higher appeared first on Analytics Insight.

Big eyes made $17.5 million at presale

Big Eyes Just Made $17.5 Million At Presale. Should Delisted Shiba Inu And Doge Expect A New Member Of The Meme Gang?

Published

2 days ago

January 29, 2023

IndustryTrends

Big Eyes Just Made $17.5 Million At Presale. Should Delisted Shiba Inu And Doge Expect A New Member Of The Meme Gang?

Meme coin OG Shiba Inu (SHIB) was delisted by Binance. At the same time, the latest meme coin Big Eyes (BIG) just ranked at more than $16 million at the presale. Is this the end of Shibu?

Binance is a highly respected crypto exchange, one that everyone in the crypto trading world looks to when in need of advice. It caused shockwaves, when Binance delisted the popular crypto coin Shiba Inu from its trading floor. Don’t fear though, SHIB isn’t going anywhere.

According to Finbold, SHIB was the third-watched cryptocurrency last year, meaning people are still interested in SHIBA. However, Binance has made absolutely no statement on why they have chosen to remove the coin. Some sources state SHIBA’s low liquidity is to blame.

Despite this, Binance has a lot more to worry about. Due to the withdrawal of the exchange from a last-minute deal to rescue FTX, speculation surrounding the future of the exchange arose. Binance has, despite this, announced mass hirings, meaning they are still committed to company growth, no matter how controversial this is amongst investors.

When SHIBA burst onto the scene of crypto in 2020 they were called the “Dogecoin killer” by the crypto community. They managed to become one of the most successful meme coins ever, with Binance owning 16% of their total coins (worth over $700 million). This can perhaps point to Binance not fully letting go of Shiba Inu anytime soon.

SHIBA has managed to keep afloat, alongside its main competition, Dogecoin. DOGE is considered to be the first meme coin. Founded by software engineers Billy Markus and Jackson Palmer, the coin was a satirical take on all the buzz being made around crypto. The currency ended up being hugely successful until Shiba Inu took some of that market share. Now that Shiba Inu has been knocked down, to a degree, by Binance, is there room for one more?

Enter Big Eyes Coin, a new cryptocurrency that has been able to gather $17.5 million in presales. Big Eyes is a community-led coin/ meme token that has gained traction in the cryptocurrency and the NFT market. The NFT itself is cutesy and feline-themed, maybe an obvious contradiction to DOGE and SHIBA’s dogs. Big Eyes made a splash with investors with a donation wallet, where 5% of all profits would go to marine conservation projects. This environmentalism taps into a new Gen Z/ Millennial demographic, where climate change overwhelmingly gets support.

Big Eyes has been able to cement itself into the meme coin world, it’s clearly on the path to overtaking DOGE or SHIBA. It won’t be too long before we can see it gain traction. However, as we have just seen with Binance, even when a coin struggles, it doesn’t go away that easily. Rather than an overtake, we could be witnessing a new face in meme coins. Maybe raining cats and dogs won’t be such a bad thing after all!

Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

The post Big Eyes Just Made $17.5 million At Presale. Should Delisted Shiba Inu and Doge Expect A New Member Of The Meme Gang? appeared first on Analytics Insight.