Top 5 Metaverse Tokens Worth Investing in January 2023
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Several folks in the computer industry believe that the metaverse is a vision of how the internet will evolve in the future. In this one, shared, immersive, persistent, 3D virtual environment, humans can experience life in ways that are unimaginable in the actual world. One of the best methods to assist the metaverse is to use metaverse tokens.
In the crypto market, metaverse tokens are an intriguing commodity. Those who invest while the technology is still in its early phases can expect a handsome return.
Before getting to the list, a quick disclaimer that this isn't financial advice. Please do your analysis before investing in any asset.
ApeCoin (APE)
ApeCoin (APE) is a metaverse token that will contribute to the development of a decentralized web3. It is based on one of the most well-known and valuable NFT collections, the Bored Ape Yacht Club. At the time of writing, the price of ApeCoin is $4.67, with a market capitalization of $ 4.6 B and a 24-hour trading volume that is up 132.81%. It is now worth $264.8 million. Simultaneously, the circulating supply is around 361,250,000 APE.
The Sandbox (SAND)
Sandbox is an Ethereum-powered play-to-earn game. Sandbox incorporates blockchain, Defi, and NFTs into a 3D metaverse. Because of this game, blockchain has become widely employed in the gaming business. Sandbox is a great metaverse token to invest in. The Sandbox is currently trading at $0.5285, with a market value of $ 1.5 billion and a 33% increase in 24-hour trading volume. It is now worth $371 million. At the same time, there are approximately 1,499,470,108 SAND in circulation.
Axie Infinity (AXS)
An online game universe called Axie Infinity is centered around Axie, similar to Pokémon. The concept of the Ethereum-based game encourages players to take control of their virtual assets and rewards those who can master them. At the time of writing, the price of Axie Infinity is $7.39, with a market capitalization of $ 1.9 B and a 24-hour trading volume that is up by 43.68%. It is now worth $73 million. At the same time, there are approximately 100,472,220 AXS in circulation.
Decentraland (MANA)
Decentraland, a decentralized virtual reality platform, is powered by the Ethereum blockchain. On the Decentraland platform, users may create, consume, and monetise their content and applications. Decentraland's price is $0.401 at the time of writing, with a market capitalization of $ 877.5 million and an 84.97% increase in 24-hour trading volume. It is now worth $185.5 million. At the same time, there are approximately 1,855,084,192 MANA in circulation.
Theta Network (THETA)
It is a decentralized video delivery network with many blockchain-enabled answers to problems the traditional video-streaming sector faces. Theta Network is currently trading at $0.8113, with a market value of $811 million and a 24-hour trading volume that is up 136.31%. It is now worth $16.7 million. At the same time, there are around 1,000,000,000 THETA in circulation.