10 Best Metaverse Crypto Coins to Buy in 2024

Daniel Phillips
Last updated: | 18 min read
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
best metaverse crypto coins

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 2024 and beyond.

Best Metaverse Crypto Coins to Buy in 2024

A quick overview of our picks for the best metaverse crypto coins of 2024.

  1. DogeStar – Brand new Doge-themed token combines the thrill of meme coins with financial prospects by incorporating a metaverse game and NFT marketplace. 
  2. 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.
  3. Ethereum – Leading layer-1 blockchain for metaverse builders and developers and the second-largest crypto in the whole space.
  4. Chainlink – Oracle provider that connects different blockchains and metaverses rapidly and 
  5. Cosmos – Dubbed the ‘internet of blockchains’, Cosmos connects various blockchains, and therefore, metaverses.
  6. Decentraland – One of the top metaverse games by market cap with huge investment from brands and institutions.
  7. ApeCoin – Utility token for the Bored Ape Yacht Club NFT collection, which includes the Otherside metaverse.
  8. Enjin – Crypto gaming platform that allows metaverse builders to build their worlds and communities in one place.
  9. Polygon – Leading layer-2 network allowing for faster, cheaper and more secure development by dApp builders.
  10. 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 bull run, 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 2024. 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. DogeStar – New Meme Coin Offering a Metaverse Gaming Environment, Priced at $0.00000025 on Presale

Our #1 pick for the best metaverse cryptocurrency coin is DogeStar (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. 

DogeStar presale

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 7 of its presale. The $DOGESTAR token is priced at only $0.00000036 but will rise to $0.0000006 by the exchange listing. This equates to a price jump of 160%. Therefore, early investors can acquire the token before it lists on centralized and decentralized exchanges. 

DogeStar community

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. 

Visit Dogestar

2. Tamadoge (TAMA) – Metaverse Meme Crypto to Buy in 2024

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 token graphic

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 2024so far and is expected to be a breakout coin in this 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.

3. Ethereum – Second Largest Crypto with Multiple Metaverse Projects

Ethereum, the second-largest cryptocurrency by market capitalization, is not just a digital currency but also a platform that supports decentralized applications (dApps) and smart contracts. In recent years, Ethereum has gained significant attention as a potential foundation for the development of the metaverse, a virtual reality space where users can interact, create, and engage in various activities.

As a network, it underpins some of the most exciting metaverse projects – including some in this list. Notable projects include Illuvium, Alien Worlds, and My Neighbour Alice.

ethereum price history chart

ETH has experienced a huge surge in the current bull run, with a 138.76% price jump in the past year. During bull runs, the two leading cryptos, Bitcoin and Ethereum, tend to lead the upward trend, making ETH a potentially lucrative investment. The token price is also boosted by the active community in the Ethereum ecosystem.

Ethereum’s robust ecosystem of developers, entrepreneurs, and enthusiasts contributes to the growth and evolution of the metaverse. Projects such as Decentraland, CryptoVoxels, and Somnium Space are already leveraging Ethereum to build immersive virtual environments where users can explore, socialize, and participate in virtual events.

4. 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. 

chainlink homepage

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 oracles and other technologies to provide their services — potentially driving significant demand for the Chainlink (LINK) token.

5. 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.

cosmos homepage

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.

6. 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.

decentraland homepage graphic

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. While numbers have dropped since, the platform has become the go-to spot for metaverse events and sees significant spike around events.

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 $0.75, up 2813.61% from its lowest. There’s plenty of room for up to 1,000% growth to reclaim its all-time highest value of $5.85.

7. 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 2023, Yuga Labs — the firm behind Bored Ape Yacht Club and several other NFT collections — released the demo for its own metaverse and NFT project, known as “Otherside.”

apecoin token graphic

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. It blends aspects of massively multiplayer gaming and Web3 accessibility to produce a bustling and immersive 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.

8. 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.

enjin homepage

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.

9. 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.

polygon blockchain homepage

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.

10. 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.

About My Neighbor Alice metaverse

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 just over $2, but the hype for the project remains high. 

Further, given that it’s one of the first metaverse titles available via the Steam store, ALICE remains a key crypto to watch in the coming months.

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 into 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 Spherical Insights, the metaverse was a $50.54 billion industry in 2021 but is expected to reach $626.65 billion by 2030 — achieving a compound annual growth rate of 45.2%.

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 — 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.

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 Dogestar – which blends DeFi, NFTs, and community spirit into an exciting metaverse game that promises a mix of entertainment and investment. 

FAQs

What is metaverse crypto?

Metaverse cryptocurrencies are a type of digital asset that is associated with a metaverse platform. Popular metaverse cryptos include DogeStar (DOGESTAR), 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. 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 transfers, or debit cards, 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 Tamadoge is quickly being recognized as the most promising new crypto in the space. 

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.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.