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Top 7 Metaverse Cryptocurrencies That Might See Double-Digit Spikes Soon

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Top 7 Metaverse Cryptocurrencies That Might See Double-Digit Spikes Soon

Metaverse is becoming the newest hit trend of cryptocurrency and blockchain industries, and even fintech, in general. This is not surprising, given the fact that it promises to revolutionize online interactions, communication, and perhaps even the internet itself.

With that being the case, it is only natural that crypto projects revolving around this trend — which will likely explode in full force in 2022 — are beginning to see rapid growth. In fact, a number of them have already seen their prices surge, with the potential for their spikes to enter double digits quite soon.

So, if you have great expectations about the metaverse and the promise it brings, and you expect that cryptocurrencies surrounding this new concept will blow up in weeks and months to come, here are 7 of them that we believe have the most potential to reach the moon soon.

1. Illuvium (ILV)

The first on the list is Illuvium, which is an open-world fantasy battle game that was created on Ethereum’s blockchain. Now, blockchain and gaming have been growing closer and closer, and these days, there are some rather advanced games that were created on top of the blockchain. However, Illuvium is typically considered to be the first ever AAA game based on this technology, and specifically on Ethereum’s network.

The project wishes to provide entertainment to both, casual gamers and crypto enthusiasts, and eventually mix both of these groups into one. It offers a wide range of possibilities, including trading and collecting features. The game itself is quite fun, which makes it rather clear why it captured the attention of so many out there. It features a vast landscape for users to explore, complete quests, capture Illuvials, and use them for battling others.

The popularity of the game and quality of the gameplay made its native token ILV skyrocket already, going from $33 in late June to an all-time high of nearly $1700 on November 25th. With no signs of stopping, this project definitely shows great promise.

To learn more visit our Investing in Illuvium guide.

2. Axie Infinity (AXS)

Another blockchain-based game, Axie Infinity focuses strongly on the NFT market, offering users to capture cute monsters called Axies, which can then be used for battle. More than that, Axis can also be upgraded with plenty of different attributes, and then used for battling enemies and earning rewards.

Each monster is quite unique, and their possibilities are endless, all depending on the player’s choices. Therefore, as NFTs, they can be bought or sold for quite a high price, provided that the player develops them enough and makes others interested in them.

Meanwhile, the project also has its own native AXS token, which saw a massive surge over the last several months. Between early July 2021 and early November, the project climbed from $3.52 to $164. While its price corrected somewhat since then, it is very unlikely that the project has reached its ultimate high, and its potential for skyrocketing further is growing alongside the game itself.

To learn more visit our Investing in Axie Infinity guide.

3. Decentral Games (DG)

In the third spot, we have Decentral Games, which is a metaverse project that revolves around popular casino games. In fact, the project can be considered a full casino itself, only based on blockchain technology, of course.

As such, it truly aims to allow the players to earn, even going as far as to let them earn up to 50% of their losses back in DG token. The DG token is, of course, the project’s native crypto, and one that allows users to access the Decentral Games ecosystem and interact with the entire metaverse that surrounds the project.

The token’s price skyrocketed by 9.98% in the last 24 hours, bringing its value to just above $505. This is still not an all-time high, however, which means that DG still has the potential to keep going up. After all, if it managed to reach its ATH of $950 once, then there is no reason to not do it again, and casino game enthusiasts could be there, ready to use this opportunity when it arises.

To learn more visit our Investing in Decentral Games guide.

4. GameFi (GAFI)

GameFi is a project that offers quite an opportunity right now, as its price sharply corrected recently, which means that it is only a matter of time before it spikes up once again. After all, between the start of November 2021 and the time of writing (November 25th), the token’s price went from $73 to $351, only to correct to $290. This is likely only a temporary drop, however, but a great opportunity for anyone looking to buy the dip.

As for what GameFi is all about, it is a blockchain-based play-to-earn gaming project that emerged as part of the greater blockchain gaming phenomenon. Essentially, the project’s goal is rather simple — it aims to bring blockchain gaming to the masses. GameFi was developed on BSC and Polygon network, and by now, it has become a host of some rather popular games that are currently available on their platform.

On top of all that, it also has a marketplace that includes NFT collections from many of the featured games.

Its native token, GAFI, also offers other opportunities other than trading or investing, including staking, liquidity support, governance, reduction of the ecosystem’s fees, and it even lets you get discounts on purchases.

To learn more visit our How to Buy GameFi guide.

5. MyNeighborAlice (ALICE)

Up next is MyNeighborAlice, which is essentially a blockchain-based farm and builder game. The game shares a number of similar elements to those of the popular traditional game Animal Crossing, which has been a hit among streamers and casual players for several years now.

MyNeighborAlice allows users to purchase virtual islands, upgrade them with unique items, and make them look rather beautiful and unique. Some of these items even allow players to monetize their islands, so there is a possibility to earn while playing, as well. And, of course, there is the matter of the project’s native cryptocurrency, the token ALICE.

The token has already skyrocketed by 18% in the last 24 hours, which currently places its value at $28. However, its current all-time high, reached in March 2021, is at $42.55, meaning that there is still a long way for the token’s price to go before it reaches even the known limits. Meanwhile, as the game continues to surge in popularity, its true potential remains unknown, so the possibility to earn is quite grand.

Other than trading the coin, players can also engage in staking and enjoy a number of other benefits — current and future — that the project’s ecosystem promises to offer.

To learn more visit our How to Buy MyNeighborAlice guide.

6. RMRK (RMRK)

Nearing the end of our list, we have RMRK, also known as RMRK.app. This is a project that exists as part of Kusama’s NFT strategy, and as such, it is a part of the greater movement.

The project’s token, also called RMRK, has a number of use cases already, such as being used as a currency in the RMRK metaverse, preventing fungible token spam, curation of galleries, funding the user account, collateral in DeFi protocols such as Karura, and many others.

The project’s price is currently in the red, but it has seen incredible growth in the last few weeks, so a mild correction like this one is only to be expected. Between November 10th and November 25th, the token’s price surged from $11.33 to nearly $40, from where it corrected to $34. But, as always, this only means that would-be traders now have the opportunity to buy the dip and ride the next price surge as it arrives.

The project itself is a set of NFT legos, essentially, which allow creators to design a system or arbitrary complexity while creating their own NFTs. It functions as a multi-chain and forward-compatible blockchain, specifically built with creators in mind, which makes it both, highly advanced and user-friendly at the same time.

To learn more visit our How to Buy RMRK guide.

7. Vulcan Forged PYR (PYR)

The last on our list is Vulcan Forged, which is one of the fastest-growing dApp platforms in the industry. The platform already offers a number of games that users can play and earn rewards from along the way. Its native token, PYR, is a cryptocurrency that can be used in a number of ways. For example, it can be used to pay fees for market settlements, earn rewards from staking, receive play-to-earn rewards, upgrade and sustain game asset levels, and access the game developers and NFT dApp incubation club.

The project itself functions as a Greece-Roman fantasy metaverse that features purchasable plots of land — exactly 10,000 of them. It has an NFT marketplace that supports non-fungible tokens from all games, and its PYR token is currently in the middle of rapid growth. Between mid-September 2021 and November 23rd, the project went from only $2.85 to an ATH of $31, and all signs seem to indicate that this is not the end and that further growth can be expected in weeks and months to come.

To learn more visit our How to Buy Vulcan Forged PYR guide.

Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.

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