Featured

Top 3 Metaverse Crypto Coins Below $1 to Buy During This Bear Market (June 2022)

Inflation is killing global markets, causing Bitcoin and Ethereum to struggle with mounting bearish pressure. While the short-term outlook of the international and crypto economy is looking stark, the long-term potential of cryptocurrencies and Metaverse crypto coins remains bullish. Those brave enough to buy the dip know that now is an excellent opportunity for Dollar-Cost Averaging undervalued projects with tremendous long-term potential. Today we look at our pick of the top three Metaverse crypto coins below $1 to buy during this bear market in June 2022.

Note: The list below is ordered by the current unit price of each Metaverse project, lowest to highest.

#3 WAX (WAXP) – $218 million

  • Unit Price: $0.1059

Launched in December 2017, WAX (WAXP) is a leading Metaverse, and NFT blockchain and infrastructure built explicitly to support the latest dApps. It features a robust ecosystem of various crypto games and hosts the most popular games on the market, including Alien Worlds, Mining Network, Splinterlands, Farmers World, etc.

WAX is highly user-friendly and features a unique WAX Cloud Wallet that integrates into all aspects of the ecosystem. This means users no longer have to install Chrome extensions like Phantom or MetaMask to access their favorite applications, making it extremely friendly for new users.

In addition, WAX has a unique approach to transaction fees, utilizing three resources on its blockchain: CPU, NET, and RAM. Users can access those resources by staking WAXP tokens, the native utility assets on the platform.

WAXP tokens interact with the various games, purchase NFTs from the AtomicAssets marketplace, etc.

The primary utility asset for the WAX ecosystem is WAXP, enabling users to stake it for rewards, participate in governance, purchase items, and interact with various Metaverses and games.

Compared to blockchains like Solana, which have a multi-billion dollar valuation, WAX is highly underrated, with a current capitalization of $218 million. Now could be a great time to load up on some WAXP tokens in anticipation of the next bull run.

You can buy WAXP on Huobi Global, Binance, Gate.io, Crypto.com, Bitfinex, KuCoin, etc.

#2 Mines of Dalarnia (DAR) – $78 million

  • Unit Price: $0.3686

Launching in November 2021, Mines of Dalarnia (DAR) is one of our top picks for the most underrated Metaverse crypto game. Mines of Dalarnia features a 2D platformer where users mine for resources, upgrade their characters and earn rewards via its play-to-earn model.

Mines of Dalarnia is built on the Chromia blockchain, a relatively new chain made explicitly for Metaverse and NFT games requiring a high amount of on-chain and smart contract interaction.

Mines of Dalarnia is 100% free to play, and users can start earning rewards right away. The game recently launched on mainnet, and we highly recommend checking it out. Make an account on Chromia Vault so you can claim your rewards and even cash them out.

Related Post

Mines of Dalarnia’s primary utility asset is DAR, featuring both BEP-20 and ERC-20 versions on the BNB and Ethereum chains. DAR’s primary utility includes buying land in the Metaverse, upgrading characters, claiming rewards, etc.

With the current market capitalization of $78 million, DAR is exceptionally undervalued, and the project is a must-watch in June 2022. We recommend checking out the game as it only recently went live.

You can purchase DAR on PancakeSwap, Gate.io, Binance, Crypto.com, etc.

#1 Decentraland (MANA) – $1.5 billion

  • Unit Price: $0.831

Launched in February 2020, Decentraland (MANA) is the most-known Metaverse crypto game on the market. It is also currently the highest-valued Metaverse crypto game, with over $1.5 billion market capitalization. Decentraland features a whole 3D virtual world with both in-browser and Desktop client options.

The game is built with the Unity engine, making it easy to run on any device. It features the most popular Metaverse with the most users and includes dozens of activities that players can enjoy. There are several opportunities to start earning cryptocurrency in Decentraland in the form of play-to-earn games. If you’re looking to load up on free NFTs and crypto, we recommend checking Decentraland’s Metaverse out.

Moreover, Decentraland includes one of the most popular virtual real estate markets on OpenSea. As the current bear market is hitting the markets hard, Decentraland plots of land are at an all-time low.

One can purchase a plot of land in Decentraland for as low as 2.2 ETH (roughly $3.1k at writing).

Source: OpenSea

Comparing this to previous prices of over $10k for a single plot of land in Decentraland, now is the time to buy virtual real estate.

The primary utility asset for Decentraland is MANA, an ERC-20 token on the Ethereum blockchain. Users can utilize MANA to buy wearable NFTs, claim rewards, access exclusive activities, etc.

You can purchase MANA on Gate.io, Binance, Gemini, Coinbase, LBank, etc.

Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.

Follow us on Twitter @themerklehash to stay updated with the latest Metaverse news!

Image Source: volodymyrshtun89/123RF

Kyle Portman

I love writing, reading, gaming and educating.

Share
Published by
Kyle Portman

Recent Posts

Quickex Expands Cryptocurrency Options with Over 200 Coins Available for Exchange

Quickex, a cutting-edge cryptocurrency exchange platform, announces a key milestone by enabling over 200 coins…

10 hours ago

EigenLayer Airdrop Attracts Legendary Trader GCR And Justin Sun’s Team

EigenLayer, the innovative blockchain project, has recently made headlines with its first season airdrop announcement,…

16 hours ago

Uniswap’s Latest Upgrade Allows Direct Purchases With Robinhood Balance

Uniswap, the leading decentralized exchange, has recently enhanced its functionality by integrating Robinhood Connect into…

16 hours ago

Anonymity vs. Transparency: BlockDAG’s Post-Forbes Dilemma

Anonymity vs. Transparency: Where Will BlockDAG Go After the Forbes Doxxing? The cryptocurrency market has…

17 hours ago

Top ICOs: BlockDAG, Dogeverse, 99BTC, WAI, eTukTuk & Others

Top 7 Crypto ICOs: BlockDAG’s Over $22M Presale Surge Outshines Dogeverse, 5thScape, WAI, 99BTC &…

23 hours ago

BlockDAG Revolution: Forbes Disclosure Propels It to New Heights

Forbes Disclosure Catalyzes BlockDAG Presale: Is This Crypto Innovation the Future or Just a Tech…

1 day ago