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13 Best Metaverse Crypto Coins to Buy in 2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Metaverses are defined as an interconnected landscape of digital worlds that typically leverage the latest blockchain technologies to deliver a new medium for interacting with people and content.
They vary considerably in their scope and function, but most have a digital token associated with them that powers their internal economy and features. The best metaverse crypto coins have historically produced impressive returns for investors, and the next generation of metaverses are currently being built.
With that in mind, we take a look at some of the most promising in 2023 and beyond.
Best Metaverse Crypto Coins to Buy in 2023
A quick overview of our picks for the best metaverse crypto coins of 2023.
- Meme Kombat – Wager and battle on a battle arena metaverse with $MK tokens. Players can battle with meme coin avatars, and stake tokens to earn APYs as high as 112%.
- DogeStar – Brand new Doge-themed token combines the thrill of meme coins with financial prospects by incorporating a metaverse game and NFT marketplace.
- Pikamoon – Play-to-earn metaverse where players can purchase NFTs, engage in battles, and explore a virtual world. $PIKA, the native token, is priced at $0.0006 on presale
- Tamadoge – Play-to-earn meme and metaverse token where players breed and raise Pets and earn rewards. Ecosystem also includes five retro arcade-style platform games and an upcoming augmented reality app.
- Ethereum – Leading layer-1 blockchain for metaverse builders and developers and the second-largest crypto in the whole space.
- BNB – Token powering the Binance Smart Chain, another top destination for dApp builders, and utility token for huge crypto exchange Binance.
- Chainlink – Oracle provider that connects different blockchains and metaverses rapidly and
- Cosmos – Dubbed the ‘internet of blockchains’, Cosmos connects various blockchains, and therefore, metaverses.
- Decentraland – One of the top metaverse games by market cap with huge investment from brands and institutions.
- ApeCoin – Utility token for the Bored Ape Yacht Club NFT collection, which includes the Otherside metaverse.
- Enjin – Crypto gaming platform that allows metaverse builders to build their worlds and communities in one place.
- Polygon – Leading layer-2 network allowing for faster, cheaper and more secure development by dApp builders.
- My Neighbor Alice – One of the Most Promising Metaverse Crypto Projects
A Closer Look at the Best Metaverse Coins to Invest in
Today, there are hundreds of metaverses in development and tens of thousands of daily users, although the migration to Web3 has not been as quick as many were predicting during the 2021, which saw huge investment in the space.
As with most investment vehicles, not all metaverses or metaverse projects will deliver on their promises, but a select few will go on to shatter expectations and deliver a potentially world-changing product.
With that in mind, let’s take a closer look at some of the best metaverse coins of 2023. Each of these was chosen based on its long-term potential and disruptive qualities — giving them a strong chance of pulling off an impressive performance in the coming months and years.
1. Meme Kombat – Wager Tokens on a Battle Arena Metaverse and Earn 112% in Staking Rewards
Our #1 pick for the best metaverse cryptocurrency coin is Meme Kombat ($MK). This new platform offers an AI-driven battle arena metaverse where players can engage in virtual battles.
Combining your love of meme coins with income-earning opportunities – Meme Kombat will let users earn rewards by battling with meme coin avatars. This battle arena metaverse uses AI tools to offer advanced visualization and offer realistic battle sequences.
By accessing Player vs Player and Player vs Game modes, one can leverage their favorite meme coin avatars in battle. The battle arena mode will be released in different seasons – the first one comprising 11 meme avatars such as Spongebob and Pepe Coin.
To up the stakes, players can wager $MK on various live battles to earn free tokens. For instance, you can bet on the first move your opponent will make, or the outcome of the battle with $MK. Currently on presale, $MK can be purchased for $0.1667 per token.
Once you purchase tokens, Meme Kombat automatically stakes your holdings. Through the presale, token holders can generate 112% in staking APYs (Annual Percentage Yields). After the presale ends, Meme Kombat will release a proper staking pool – where the yields will vary depending on the amount of stakers.
From a maximum supply of 100 million tokens – Meme Kombat has allocated 40 million for presale. The presale has raised $760K – from a hard cap target of $10 million. Another 30% of the token supply will be offered as staking and battle rewards. Meme Kombat will also offer community rewards to reward loyal token holders.
Stay tuned for more updates on this metaverse project by reading the Meme Kombat whitepaper and joining the Telegram channel.
| Presale Started | 21 Sept 2023 |
| Purchase Methods | ETH, USDT, BNB |
| Chain | Ethereum |
| Min Investment | $10 |
| Max Investment | None |
2. DogeStar – New Meme Coin Offering a Metaverse Gaming Environment, Priced at $0.00000025 on Presale
DogeStar (DOGESTAR) is a meme ecosystem full of exciting possibilities – DeFi, NFTs, and metaverse gaming environments among the upcoming prospects. The platform wants to develop a strong community of followers looking for financial prowess while striving for innovation and engagement.
While DogeStar is another Doge-themed token, it will feature several use cases through the $DOGESTAR token to build a long-term reputation. One of the central components of DogeStar will be its upcoming metaverse gaming platform. On a well-defined platform roadmap, DogeStar has laid out upcoming developments in seven different phases.
By phase 5, DogeStar hopes to integrate the metaverse games, and then launch its NFT platform. Thus, $DOGESTAR token holders can also possess a valuable token, that could potentially grow in demand. The short-term focus is on concluding a successful presale.
Currently, DogeStar is already in phase 4 of its presale. The $DOGESTAR token is priced at only $0.00000025 but will rise to $0.0000006 by the exchange listing. This equates to a price jump of 140%. Therefore, early investors can acquire the token before it lists on centralized and decentralized exchanges.
This reliable project is being developed by a team of skilled Web3 and blockchain developers. The smart contract has already been audited by Coinsult. In the future, DogeStar wants to focus on education, collaboration, and building strategic partnerships to keep expanding its new cryptocurrency.
The presale has already raised more than $260K since launch. Join the DogeStar Telegram channel and follow the Twitter account for more information.
3. Pikamoon – Play-to-Earn Metaverse Featuring NFTs and Battle Rewards
Pikamoon offers a play-to-earn metaverse environment that features explorations and battling opportunities. With $PIKA, the native token, users can purchase NFT Pikamoon items, to use within battle.
The game takes place in the virtual world of Dreva – which comprises four different kingdoms. Through the exploration mode, players can explore the different regions, interact with NPCs, and find new Pikamoon avatars to expand their empire.
The battle mode allows players to leverage their Pikamoon NFTs in battle, to earn rewards. $PIKA is also awarded as a reward through the online tournaments that will feature on this ecosystem.
Pikamoon will feature an NFT marketplace, through which users can buy healing NFT items, boosts, and capture devices. The first NFT mint will offer more than 18,000 Pikamoon NFTs.
A deflationary cryptocurrency, 5% of all tokens spent will be burnt on the marketplace. Pikamoon will allocate another 65% to play-to-earn pools to award token holders. The remaining 30% will be used for marketing and development purposes.
From a total supply of 50 billion, 15 billion tokens have been allocated for the presale. Currently, $PIKA is priced at $0.0006 during the final stage. Since the start of the presale, Pikamoon has raised more than $4.1 million. For more information on this cryptocurrency read the Pikamoon whitepaper and join the Telegram channel.
| Presale Started | March 2023 |
| Purchase Methods | ETH, USDT, or Card |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
4. Tamadoge (TAMA) – Metaverse Meme Crypto to Buy in 2023
Meme coins, play-to-earn gaming and the metaverse are widely considered to be among the most promising crypto niches in the coming years, thanks to their ability to expose a huge number of users to the benefits and capabilities of blockchain technology.
Tamadoge, a new NFT pet-based metaverse project, combines all of these themes into an ambitious new ecosystem filled with a variety of rewarding arcade games, NFT critters, a pet marketplace, and a powerful augmented reality application.
Tamadoge had one of the best crypto presales of the year after raising $19 million in just eight weeks before making near-2,000% gains from its early presale price.
The token has performed well in 2023 so far and is expected to be a breakout coin in the next bull run, given the huge amount of utility and plans for the future.
The Tamadoge Arcade is now up and running with five retro platform games to play – with more monthly players than The Sandbox and Decentraland combined.
Its augmented reality app, where Tamadoge’s metaverse elements come into play, is also on the way, with applications to list on iOS and Android app stores recently sent.
The TAMA token provides utility across the ecosystem and is also deflationary.
5. Chainlink (LINK) – The Most Trusted Oracle Provider for Metaverses
Chainlink is a powerful decentralized oracle network that allows blockchain-based applications to receive tamper-proof data from external sources.
The data provided by Chainlink’s oracles enables blockchain dApps to leverage information from the real world — such as from IoT devices, stock exchanges, and a huge number of APIs — helping to power a huge number of use cases.
Though this might not seem important at first glance, Chainlink’s oracles currently serve data to a huge number of popular DeFi applications, including Aave, Synthetix, Compound, Nexus Mutual, dYdX, and dozens more.
A number of metaverse and metaverse platforms also integrated Chainlink’s oracles and/or VRF (Verifiable Random Function) to power their internal economies and game mechanics. This includes Axie Infinity, Over the Reality, and Gala Games.
Chainlink is widely regarded as a pillar in blockchain interoperability and connectivity with non-DLT technologies. Because of this, it isn’t hard to imagine a future where most top metaverse crypto coins rely on its oracles and other technologies to provide their services — potentially driving significant demand for the Chainlink (LINK) token.
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
6. Cosmos (ATOM) – Powering an Interoperable Metaverse Ecosystem
In recent months, the Cosmos ecosystem has expanded dramatically, and it is now widely expected to host the next generation of breakthrough blockchain applications — including metaverse and DeFi platforms.
As an interoperability network, Cosmos is designed to allow applications on independent blockchains to communicate with one another, forming an information superhighway of sorts for the blockchain landscape.
Given this functionality, it is likely that Cosmos will help to power at least some next-generation interoperable metaverses, making it a top future crypto, while existing metaverses may leverage its technology to expand their horizons.
Several projects are already looking to establish a metaverse in the Cosmos ecosystem, this includes a digital world and NFT marketplace known as Passage. Likewise, several blockchains built using the Cosmos SDK are now capable of hosting metaverses — including Terra, Oasis Network, Secret Network and Agoric.
The best metaverse crypto coin projects include those that focus on interoperability, since it can help them reach a huge audience. This appears to be reflected in the price of the Cosmos (ATOM) token, which has been on an uptrend for three months solid.
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
7. Decentraland (MANA) – One of the Top Metaverse Coins by Market Capitalization
One of the first blockchain-based metaverses, Decentraland hit the market with a bang in February 2020.
Since then, it has grown to become a phenomenon in its own right, being one of the most popular metaverses and host to some of the biggest metaverse-based events — like the massively popular Metaverse Fashion Week and Metaverse Music Festival.
By the end of 2021, the platform had notched up an impressive 300,000 monthly active users, along with tens of thousands of LAND owners — many of which develop their land into interesting products, environments, and works of art.
The platform’s native cryptocurrency, known as MANA, will go down in history as one of the most profitable metaverse assets of all time. To this day, it remains a must-have in any best metaverse crypto coins list.
The MANA token is currently trading at around $0.50, providing room for up to 1,000% growth to reclaim its all-time highest value of $5.85.
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
8. ApeCoin (APE) – The Token For BAYC’s Otherside Metaverse
No metaverse crypto coins list would be complete without ApeCoin, the native asset of the Bored Ape Yacht Club universe.
In March 2022, Yuga Labs — the firm behind Bored Ape Yacht Club and several other NFT collections — announced it is developing its own NFT project, known as “Otherside”.
Given the size and reputation of Yuga Labs for delivering quality NFT-based products, expectations are extremely high for the ambition and scope of the Otherside metaverse.
The Otherside is one of the few blockchain-based metaverses to focus on interoperability, and blends aspects of massively multiplayer gaming and Web3 accessibility to produce a bustling and immerse digital world.
The ApeCoin (APE) token is the native transactional unit within the Otherside metaverse and will be used as a peer-to-peer currency between users. It will also likely be required to buy and/or rent land within Otherside.
Given the massive potential of Otherside, ApeCoin is a solid contender for the most promising metaverse crypto.
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
9. Enjin (ENJ) – A Powerful Platform for Building Metaverse NFTs
Enjin is a popular platform that allows developers and creators to deploy powerful NFT projects and collections.
One of the most promising applications of blockchain technology, non-fungible tokens have the potential to enrich the metaverse and provide both users and brands with access to new opportunities.
Today, the vast majority of blockchain-based metaverses support NFTs. This includes digital land in platforms like Decentraland and The Sandbox, collectible critters in Tamadoge and Axie Infinity, and works of art in the Cryptovoxels metaverse.
As NFTs become increasingly woven into the metaverse, crypto coins/projects operating in the metaverse will need an intuitive and capable platform for creating and deploying their NFT collections.
As the “blockchain for NFTs”, Enjin has an excellent chance of becoming the platform of choice for these projects. This, in turn, could drive up demand for the ENJ token — which can be used to create NFTs using Enjin.
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
10. Polygon (MATIC) – Making Metaverse Crypto Projects More Accessible
In order for metaverses to grow in popularity, they need to be accessible. Right now, one of the primary barriers to entry is transaction fees — many blockchains are just too expensive to use.
Polygon looks to change this by providing a high-speed and low-cost layer-2 blockchain that can support Ethereum dApps and tokens. The platform supports DeFi applications, NFTs, and interoperability protocols, making it well-suited for metaverse applications.
It’s also incredibly popular among developers, with over 19,000 dApps already running on the platform.
Several Metaverse crypto coins projects already leverage Polygon’s technology to reach a wider audience, including the likes of Neon District, Vulcan Forged, and Carrieverse. Likewise, metaverse juggernaut The Sandbox recently deployed on the energy-efficient chain.
As the primary gas token and medium of exchange on Polygon, the MATIC token has huge potential and could be set to see skyrocketing demand in the months and years ahead, as more users get to grips with Polygon-based metaverses.
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
11. My Neighbor Alice (ALICE) – One of the Most Promising Metaverse Crypto Projects
A blockchain-based multiplayer builder game, My Neighbor Alice allows players to buy, own, and monetize their own virtual land. It is similar to Animal Crossing in its gameplay, but also features an NFT lending system, DeFi features, and a complex in-game economy centered around the ALICE token.
One of the best-known play-to-earn games and metaverse projects, My Neighbor Alice launched with a bang in March 2021 and will go down in history as one of the most profitable IDOs of all time — generating public sale participants a whopping 26,000% profit at its peak.
As a play-to-earn game and micro-metaverse, My Neighbor Alice provides players with a range of ways to earn tokens and is also free-to-play — making it incredibly accessible.
Since its launch, the ALICE token has fallen from a peak of over $26 to under $2, but the hype for the project remains high.
Further, given that it’s expected to become one of the first metaverses titles available via the Steam store when it launches later this year, ALICE remains a key crypto to watch in the coming months.
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
What are Metaverse Crypto Coins?
Despite popular belief, cryptocurrencies and digital tokens can vary quite considerably in their form, functions, and use cases.
In 2021, metaverse crypto coins exploded in popularity after it was announced that Meta (formerly Facebook) would be building its own metaverse and rebranded to a social metaverse company.
Since then, it has emerged that blockchain technology will likely play a fundamental role in powering a range of new metaverses — thanks to its impressive security, resistance to censorship, accessibility, and smart contract capabilities.
But more than this, the unique properties of cryptocurrencies and non-fungible tokens (NFTs) could be set to facilitate entirely new ways of shopping, working, networking, and playing online.
These cryptocurrencies can enable metaverses to have their own self-contained economies and can be used to funnel value back to the users, allow users to govern how the metaverse works, and even how they transmit value between one another and the brands that inhabit the metaverse.
Any cryptocurrency associated with a metaverse — whether that be its native currency, governance token, utility token, or an underlying layer-1 token— can be considered a metaverse crypto coin.
See our guide on how to invest in the Metaverse.
Are Metaverse Coins a Good Investment?
According to a recent report by Verified Market Research, the metaverse was a $27.2 billion industry in 2020 but is expected to reach $824 billion by 2030 — achieving a compound annual growth rate of 39.1%.
Given that the industry is still in its early days, savvy analysts and investors are beginning to take positions in promising metaverse projects, with the expectation that some will go on to become massively successful as their potential is revealed.
Indeed, even several governments, countries, and U.S. states are betting on the metaverse — including the South Korean government, which has reportedly set aside 223.7 billion won (around $160 million) for investment into various metaverse initiatives.
Given the huge amount of attention the space is receiving, the metaverse is shaping up to be an incredibly attractive investment.
But not all metaverse coins are built equal, and only some will go on to achieve meteoric growth, while there has been some pullback from institutional investors, with many major companies – including Meta – switching focus to artificial intelligence in 2023.
Here’s how to spot potential winners:
Development scope
Metaverse projects can vary considerably in their potential given that some are more ambitious than others.
Metaverse platforms that offer the best mix of features, accessibility, and opportunities stand the best chance of achieving significant adoption. That said, it’s important to be wary of platforms that make exaggerated claims — since these are unlikely to deliver.
Underlying technology
Most metaverses are built using blockchain technology. The specific platform the developers opt to build on can directly impact the uptake, utility, and longevity of the metaverse.
Proven platforms like Ethereum and BNB Chain are among the most popular, but a range of competitors are also gaining ground — including Solana, Avalanche, and NEAR.
But more than this, the most ambitious metaverses often have technological advantages that can help them thrive.
Community
The top metaverse coins typically have one major thing in common — they all manage to build a strong community.
As a powerful new medium for work, play, and entertainment, the metaverse is also an incredibly social place. Those with a strong community stand the best chance of achieving long-term success.
What Determines Metaverse Crypto Prices
Metaverse cryptos, like all digital assets, are subject to the whims of supply and demand. Changes in this balance can lead to changes in the value of the asset over time.
The best metaverse coins to buy tend to be those with the potential to reach the largest audience and deliver the most value to users. This tends to be a function of their utility, the opportunities available in the associated metaverses, and the sentiment of both current and prospective investors. These features help to ensure demand consistently outstrips supply, leading to growth.
During overall bear markets — that is, periods of significant market decline — even promising metaverse coins might lose value as demand dwindles and selling pressure mounts. But those that are fundamentally strong have the potential to quickly recover during bull markets, and deliver impressive returns to those that bought when they were undervalued.
By having a good grasp of market cycles and risk/reward ratios, you can both identify and take positions in promising metaverse coins at logical entry prices, giving yourself an excellent chance of achieving long-term gains.
How to Buy Metaverse Crypto – Meme Kombat
The sections below will show investors how to purchase Meme Kombat – one of the best metaverse crypto tokens to buy in 2023.
- Step 1 – Download a Crypto Wallet: Investors can buy $MK after downloading a popular cryptocurrency wallet that connects with the platform. For instance, MetaMask and Wallet Connect are two of the top wallets compatible with the presale.
- Step 2 – Buy Tokens: $MK can be bought with ETH or USDT. To purchase these assets, visit a crypto exchange, purchase the tokens, and transfer the holding to your new cryptocurrency wallet.
- Step 3 – Connect with the Presale: To connect with the presale platform, head over to the Meme Kombat presale website and click on ‘Buy Now’. Choose between MetaMask or Wallet Connect, and follow the on-screen instructions.
- Step 4 – Buy $MK Tokens: The final step is to begin creating the purchase order. Select one of the purchase options and enter the amount of tokens you wish to receive. Click on ‘Convert’ to confirm the purchase, and visit the Meme Kombat presale website after the presale ends, to claim the tokens.
Where to Buy Other Metaverse Crypto Coins
As metaverse coins become more popular, a growing number of both traditional and cryptocurrency exchanges and brokers now support these assets.
Those deciding where to buy metaverse coins now have a huge range of options to choose from. But from our experience, we have found that eToro is among the best for both new and experienced investors — due to the sheer range of assets and trading options it offers.
From our count, eToro supports well over a dozen of the most popular metaverse coins. It’s also cheap and easy to use — with an incredibly low $10 minimum trade size.
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
Conclusion
The metaverse is, without a doubt, one of the most ambitious and innovative sectors but its true potential is still being unraveled.
Nonetheless, several early movers have demonstrated the extraordinary opportunities the metaverse presents to both users and developers — providing new ways to create, shop, socialize, work, and relax.
In the coming years, there is a strong chance that we will be spending more and more of our time in the metaverse. Along with the popularity of the metaverse, several new crypto presales are offering high-growth opportunities to investors.
One of the top cryptos we have reviewed is Meme Kombat – which will offer an AI-driven battle arena metaverse where players can battle with meme coin avatars. Users can stake and wager $MK – the native cryptocurrency. During the ongoing presale, staked token holders are earning 112% in annual yields.
Meme Kombat ($MK) is priced at $0.1667 during the ongoing presale.
FAQs
What is metaverse crypto?
Metaverse cryptocurrencies are a type of digital asset that is associated with a metaverse platform. Popular metaverse cryptos include Meme Kombat (MK), DogeStar (DOGESTAR), Pikamoon (PIKA), Axie Infinity (AXS), Decentraland (MANA), The Sandbox (SAND), and Tamadoge (TAMA).
These are typically used as the in-world digital currency for these metaverses, being used for marketplace payments, peer-to-peer transactions, in-game purchases, governance, and more.
Where can I buy metaverse crypto?
Choosing where to buy metaverse crypto from can be overwhelming for many traders since popular metaverse coins are typically available on dozens of well-reputed platforms.
Despite this, a handful of platforms stand out as popular choices. eToro is among the most popular for less experienced traders due to the simplicity of the platform whereas Binance is preferred among more experienced traders thanks to its wide range of tools, services, and products.
How do I buy metaverse crypto?
If you’re researching how to buy metaverse crypto, you’ll be pleased to find out that it’s easier than you might think. In most cases, you simply create an account at your chosen exchange or broker, fund your account using other cryptocurrencies, bank transfer, or debit card, find the metaverse coin you want to purchase, and set your limit or market order.
What is the best metaverse crypto to invest in?
The metaverse landscape is incredibly diverse and growing fast. A range of both established and new metaverse crypto coin projects could be considered the best metaverse crypto to buy depending on your investment criteria.
That said, Decentraland (MANA) and Axie Infinity (AXS) count among the most profitable metaverse tokens of all time, whereas Meme Kombat ($MK) is quickly being recognized as the most promising new crypto in the space. Another popular cryptocurrency to buy is DogeStar ($DOGESTAR).
Is metaverse crypto a good investment?
As with all asset classes, there are winners and losers among metaverse crypto. Not all metaverse coins are good long-term investments, but some can go on to generate incredible returns. The quality, uniqueness, underlying technology, and team can significantly impact a metaverse coin’s odds of success.
What crypto will be used in the metaverse?
Just like there is a range of metaverses, most of which will remain isolated from one another, there will also be a range of different metaverse cryptos. In most cases, each metaverse will have its own proprietary token, whereas some metaverses may go on to support popular layer-1 coins and tokens, such as BTC, ETH, and/or BNB.
A quick 3min read about today's crypto news!
