These Three Metaverse Coins that Have High Potential - Apecoin (APE), Decentraland (MANA) and Mushe Token (XMU)
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
The metaverse is a concept that has gained popularity in recent times. Many might argue that this sudden interest in the metaverse came after Facebook announced that it would be rebranding as Meta. Interest in the metaverse is undoubtedly good for all parties concerned, whatever the reason.
The metaverse represents the next phase of the internet, a shift from websites and social media platforms to overlapping 3D spaces wherein users interact through avatars. It is not a single website or platform. A more accurate way of describing the metaverse would be to call it a collection of online destinations that supports customizable assets and avatars that can be moved from one virtual place to another.
Due to metaverse projects being relatively new, coin prices are extremely low, and most metaverse coins are well under USD 1. This opens the investment opportunity of metaverse coins to nearly everybody. Despite this, not every metaverse coin out there is worth the money. Knowing which holds the most potential is imperative when looking for metaverse coins to invest in. Of all the options in the market, Apecoin (APE), Decentraland (MANA) and Mushe Token (XMU) are the most promising metaverse coins for 2022.
Apecoin (APE) is an ERC-20 token for the popular NFT collection, Bored Ape Yacht Club. As a decentralised token, Apecoin is designed for utility as well as governance. Furthermore, the coin can also be used for payments and transactions on decentralised finance (DeFi) platforms and services globally.
Since its launch on March 17, 2021, Apecoin (APE) has been one of the most sought after metaverse coins. This could be partly because it is the utility token of the popular NFT collection, Bored Ape Yacht Club. Bored Ape Yacht Club (BAYC) has a vast and devoted following. Apecoin (APE) has a market cap of USD 2 billion.
A particular function of Apecoin (APE) is to facilitate the Bored Ape Yacht Club’s transition into web3. Apecoin DAO is responsible for the government of Apecoin (APE). APE holders maintain the right to participate in the decision-making of the DAO, such as ecosystem fund allocations, governance rules, project partnerships, and more. Membership of the DAO is open to all Apecoin (APE) holders.
There is a growing interest in online virtual worlds that incorporate elements such as 3D avatars, augmented reality, virtual reality and other modes of communication. It should be no surprise that interest is naturally extending into metaverse platforms such as Decentraland, one of the largest metaverse platforms available with a market cap of USD 5 billion. Its native cryptocurrency, MANA, has a market cap of USD 4 billion, making it one of the biggest metaverse coins.
Decentraland (MANA) is a 3D virtual world platform that runs on the Ethereum network. It includes elements such as customizable activities, art and land. Decentraland’s virtual reality lets players buy and sell real estate while playing games and interacting with other users. MANA is the currency used to purchase goods and services within the virtual world.
Mushe Token (XMU)
Mushe Token (XMU) is a metaverse token designed to foster blockchain adoption globally by making crypto easy and straightforward for everybody. A multi-chain token that can be utilised on several blockchain networks, including Ethereum (ETH) and Solana (SOL).
The metaverse is a virtual reality that allows people to experience things like they would in the real world. Mushe Token (XMU) is taking advantage of this with the establishment of Musheverse. In this virtual world, users can utilise all Mushe products seamlessly. In the Musheverse, Mushe Token will be able to vote on gaming concepts, and designs and the XMU will be the reward for winning games and competitions.
For more information on Mushe Token (XMU)
Presale Registration: https://portal.mushe.world/sign-up