Best Metaverse Crypto Coins to Invest in 2024

Interest in the best Metaverse crypto coins is growing rapidly. Social media giant Facebook, which recently rebranded itself as Meta Platforms, further supports this trend.

Read on to learn more about these crypto coins, their potential value, and how to purchase the top Metaverse crypto tokens of your choice.

A Closer Look at the Best Metaverse Crypto

In the sections below, we look at the 11 best Metaverse crypto coins to buy now. You’ll also notice that some digital currencies in this guide are considered underrated crypto assets.

1. Shiba Shootout ($SHIBASHOOT)

Shiba Shootout is one of the best metaverse coins that operates on a P2E model. This means that investors can earn $SHIBASHOOT tokens by playing the Shiba Sharpshooter mobile game. Shiba Sharpshooter is a game that takes place in a Wild West setting. In this duel game, players will have to draw their weapons quickly and in a timely manner to take down their opponents and earn rewards.

Investors can also earn rewards by participating in Regular Campfire Story sessions, Lucky Lasso lotteries, and Cactus Staking. Moreover, those who join its referral program, aka the Posse Rewards, will earn bonus tokens.

The $SHIBASHOOT token has a multi-utility nature. It can be used for transactions and for unlocking special in-game features. Those who stake their tokens will earn staking rewards that come with a generous APY, which currently stands at 985%.

The $SHIBASHOOT token currently trades at $0.0199. 

2. Sponge V2 ($SPONGE)

Sponge V2 is the next contestant on our Metaverse crypto list to keep an eye on. Sponge V2 is an upgrade to the Sponge meme token. It aims to repeat the success of its predecessor, which achieved a 100x pump in 2023. To accomplish that, Sponge V2 will release a P2E game called the Sponge Racer. In this game, players will be able to race with popular cartoon characters to earn $SPONGE V2 tokens. These tokens can be used to unlock new vehicles and for upgrades. 

Sponge V2 uses a stake-to-bridge model, which means that until recently, investors could stake their V1 tokens for V2 coins. The V1 tokens are now discontinued, meaning you can only buy and stake V2 tokens.

This metaverse coin launched on Polygon in February 2024, and its value jumped by 40% in 24 hours. The $SPONGE V2 token currently trades at $0.000056.

3. Axie Infinity Shards ($AXS)

Axie Infinity Shards can be found on almost every top 10 metaverse coins list. Why? Because $AXS is a native token of Axie Infinity, a well-known blockchain game that popularized crypto gaming. Investors can earn $AXS tokens in two ways. Playing games within the Axie Infinity universe and participating in user-generated content initiatives.

Crucially, the end-to-end objective for players is to collect, raise, and breed digital animals called Axies. All Axies will be represented in a unique NFT, which can be sold on the open marketplace. Investors can also stake their $AXS coins for rewards.

There are several versions of Axie Infinity games. These include the turn-based strategy game Axie Infinity: Origins, the adventure game Axie Infinity: Homeland, and the puzzle game Axie Infinity: Raylights.

At the time of writing, the $AXS token trades at $4.65.

4. The Sandbox ($SAND)

The Sandbox is one of the first P2E games to combine metaverse with blockchain technology. It is a world-building metaverse game reminiscent of Minecraft. Its gameplay involves creating and buying virtual lands represented by non-fungible tokens. Players can also trade their in-game items.

NFTs play the most important role within the game’s ecosystem, as they verify land ownership and digital assets.

The Sandbox has a native token called $SAND. According to CoinMarketCap, $SAND was first listed on public exchanges in mid-2020 at an initial price of $0.051 per token. However, in November 2021, $SAND hit an all-time high of $8.44. In just one year, the Sandbox increased its token value by over 16,000%.

At the time of writing, you can buy $SAND for $0.2497.

5. Decentraland ($MANA)  

Decentraland is a 3D open-world P2E game that allows players to buy virtual lands in the form of NFTs. Users can also create and customize their characters, chat with other players, and explore the ever-growing Decentraland world. This game launched in 2020, which gave it a major head start in the metaverse race.

Decentraland has two native tokens — $LAND and $MANA. The former are NTFs used for trading and buying land, while the latter are used as in-game currency. All transactions within the Decentraland game must be executed in $MANA, which gives the token real utility. Users can also buy and sell in-game items to enhance their gaming experience.

Decentraland is a good investment as it offers multiple monetization opportunities. Besides selling land and items, its users can also host events and ask for donations. At the time of writing, the $MANA token trades at $0.2682.

6. Illuvium ($ILV)

Illuvium is an open-world RPG game that runs on Ethereum. This Pokémon-inspired game allows players, aka rangers, to collect unique game characters, aka Illuvials, which are represented as unique NFTs. Illuvials can be trained and used in battles against other players in a PvP mode. Illuvium’s ecosystem includes multiple regions that players will be able to unlock by progressing through the game.

Players will also be able to generate profits by trading their NFTs, shards, and weapons through The Illuvidex, i.e., Illuvium’s native DEX. On the other hand, those who lock their $ILV tokens will be able to earn staking rewards in the form of sILV2. sILV2 is the equivalent of a gift card that can be used to buy land, craft items, and unlock exclusive content.

The $ILV token currently trades at $43.01.

7. Highstreet ($HIGH)

Highstreet is a P2E MMORPG that incorporates gaming, shopping, and NFTs. This commerce-centric metaverse game aims to give its in-game items a physical representation in the real world. In other words, all items that players can buy in the game will have their real-world counterparts. Highstreet also supports VR headsets to enhance its users’ gaming experience.

This project has two native tokens, $HIGH and $STREET. The former is a governance token, while the latter is used as in-game currency. Players can earn $HIGH tokens by participating in events, completing quests, and buying NFTs from real-world brands. However, players must have a certain number of $HIGH tokens to progress in the game. They’ll also be able to stake their tokens for rewards.

You can buy the $HIGH token on crypto exchanges for $1.28.

8. Vanar ($VANRY)

Vanar is an L1 blockchain that merges metaverse, gaming, AI, and brand solutions. It is designed for mass market adoption and has five main pillars: ultra-fast transactions, low fees, an app ecosystem, scalability, and eco-friendliness.

Vanar is also an EVM-based blockchain that uses a Proof of Authority consensus mechanism complemented by a Proof of Reputation mechanism. This means that the Vanar Foundation will run validator nodes.

Its native token, $VANRY, has multiple use cases. Investors can use it to pay transaction and gas fees, and holders can stake it to earn a portion of the block rewards.

Vanar’s developers recently entered a strategic partnership with PAAL AI, which increased the value of the $VANRY token by 19%. The $VANRY token currently trades at $0.0844, while its market cap is $129,802,523.

9. Treasure ($MAGIC)

Treasure is a decentralized gaming ecosystem aiming to create a space connecting various communities and games. On that note, Treasure functions as a game publisher. Anyone who becomes part of its ecosystem can create their in-game tokens. Shortly after its launch, Treasure became the best gaming and NFT ecosystem on Arbitrum.

Treasure has a native token called $MAGIC. Players can earn $MAGIC tokens by mining and playing Bridgeworld, Treasure’s first flagship game. In this game, players must gather resources to create new items. They’ll also be able to form guilds and compete against other players.

The $MAGIC token can be used as in-game currency, voted on, and bought and sold NFTs on the Treasure marketplace. Its present price is $0.3275 per token.

Where Can You Buy Metaverse Coins?

You can buy metaverse tokens from notable crypto exchanges like Binance, Coinbase, and Kraken or their official websites. Here’s how:

• Create an account on the desired crypto exchange or join the presale by visiting the official website of the coin you wish to purchase.
• Locate the Buy button or presale widget and connect your wallet. We suggest using the Best Wallet.
• Fund your wallet with ETH, USDT, or BNB, and select the metaverse token you wish to buy.
• Enter the amount you wish to buy and conclude your purchase.
• Stake your coins to earn passive income.

Conclusion

To sum it up, exploring the best Metaverse crypto coins offers a glimpse into the future of digital innovation. From Meme Kombat’s virtual landscapes to Axie Infinity’s play-to-earn model, each currency contributes uniquely to the evolving Metaverse.

As the Metaverse narrative unfolds, monitoring these coins may reveal exciting opportunities in this dynamic space.

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