Metaverse token — This is an “in -game currency”, which is used by users of each metaverse for various transactions. The basis of the entire economy in such virtual projects was blockchain, and tokens can be exchanged for real money, depending on the ratio of the exchange rate and the cost of token itself.
At the moment, one of the most popular tokens is MANA - the internal currency of the metaverse Decentraland. The peculiarity of this project is that users acquire lands and use them for all kinds of events, thereby they have the opportunity to monetize their assets. The token itself is based on Ethereum, the Mana rate today (July 2022) is $ 0.8396, although in November 2021 it amounted to $ 5. Despite the fact that many bloggers and investors are still saying that the token is still waiting for the rise, in fact we have been observing unpleasant dynamics over the past year. That is why it is not always correct to derive the identity of “popular = profitable” in the world of metaverse.
The same can be said about the next popular token THETA from the metaverse Theta Network. Initially, this project was based on Ethereum, but after a while he moved to his blockchain. Here, users share the video with each other and jointly view the videos. Despite the fact that the project attracted partners such as Google and Samsung, over the past year, the dynamics of the in -game currency also does not please its investors. In October 2021, Theta reached a cost of $ 8, and now a rate of $ 1.26. It is impossible to say unequivocally that the token of the popular project inevitably falls in price and will no longer rise to the peak value, but today we give only dry numbers and try not to take into account the opinions of analysts and bloggers.
The next popular token SAND from metaverse THE SANDBOX It was also based on the blockchain Ethereum. This is a sandbox where users can create various functions and even their author's projects. SAND intended for transactions, but in addition to this token is LAND, which is needed for operations with the sale of virtual lands. Now it is cost SAND $ 1,32, in recent months, he also survived a fall from a peak of $ 6.5.
The most expensive token from our list - AXS - The currency of the metaverse Axies Infinity, based on Ethereum. Here, users are breeding unique game pets that can be put to the battleship or sold. This metaverse has become so popular that last year the cost AXS grown to $ 157, then gradually fell to the mark of $ 15.72 to date.
The MBOX token from the MOBOX game with strategy elements, built on the Binance Chain blockchain. Here, users create and upgrade their characters in order to fight other players. In this way, you can earn in-game currency and withdraw your financial assets into real money. At the moment, the exchange rate is $0.61, and at its peak in December 2021, it reached $12.7.
The last in our list of popular tokens is ALICE from the My Neighbor Alice metaverse. The project is based on the Chromia blockchain, and the concept of the game is based on a virtual constructor, where users purchase land and develop it. Various events are also held on the decorated lands, which contributes to the growth of in-game assets. At the moment, ALICE is worth $2.30 and has been more or less stable for the last 4 months, however, the price of the token in November peaked at $26.9.
Today we introduced you to the most popular tokens of the metaverse, and we also tracked the huge ups and downs of prices. This allows us to conclude that it is necessary to invest in tokens not at the peak of the metaverse’s popularity, but in advance, when the project is just gaining momentum and looks like a promising idea. Otherwise, we will be forced to hold assets and expect a new peak in the token rate, which may depend on many factors beyond our control.