Top 3 Metaverse coins to buy now!
Metaverse cryptocurrency tokens are the designated currency used in virtual worlds. With these tokens, users can participate in transactions like purchasing, selling, and trading in digital environments, turning online interactions into real value.
Think of them as the currency for the future of the internet, where gaming, social media, and virtual reality come together. They are simple, powerful, and ready to take you on an exciting adventure in the digital realm.
We have mentioned 3 Metaverse coins that you can consider to buy now !
Axie Infinity (AXS)
Axie Infinity combines NFTs and blockchain technology in a gaming experience where players can gather, breed, and engage in battles with creatures known as Axies to acquire SLP tokens. Through the use of the AXS governance token, players have the ability to stake, receive rewards, and participate in voting for game development, allowing for community engagement in shaping the game’s future.
Price Today
The current price of Axie Infinity (AXS) stands at $10.11 today, accompanied by a 24-hour trading volume of $97,322,425.30. This indicates a 5.36% price surge within the last day and a -19.31% price drop over the previous 7 days. With a circulating supply of 140 million AXS tokens, Axie Infinity holds a market cap of $1,437,194,255.
Technicals
The price has recently broken out of the cup and handle chart pattern and has successfully retested it. This suggests a potential for a significant upward movement in the near future.
Based on the AXS/TetherUS weekly chart showing a cup and handle formation, the strategy is to go long with a high confidence level. Enter on a confident breakout above $11.00-$11.50, ensuring increased volume supports the breakout for extra validation. Watch for a potential retest of the breakout level for a secondary entry opportunity. Ensure the handle’s formation doesn’t dip below the top third of the cup to maintain the bullish signal’s integrity. Be cautious of false breakouts that can occur.
Price Prediction
The lowest trading price could be $9.60, with the highest potentially hitting $10.34 within the month. The average estimate suggests that Axie Infinity’s value could hover around $10.06. The Projected ROI is 8%.
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The Sandbox (SAND )
Sandbox is a decentralized virtual world owned by the community. Creators have the ability to organize custom games and events within this virtual world. Comparisons are often made between Sandbox and Roblox because of their similar concepts. The main distinction, however, is that in Sandbox, players have actual ownership of virtual world assets through NFTs. This ownership allows LAND owners to host competitions and events, stake SAND for earnings and asset customization, monetize assets and experiences, participate in metaverse governance, play games, and much more.
Price Today
The current price of The Sandbox (SAND) is $0.6464, and it has recorded a trading volume of $225,547,316.94 in the last 24 hours. This indicates a 10.07% increase in price over the past day but a decline of -14.08% over the past week. With a circulating supply of 2.3 Billion SAND, The Sandbox holds a market cap of $1,455,389,158.
Technicals
The price has broken the ascending triangle. Currently, it is testing out the triangle. A successful retest would serve as a bullish confirmation.
The SAND/USDT weekly chart shows a bullish ascending triangle pattern, suggesting a possible continuation following a recent breakout above the $0.65 resistance. To trade this setup, consider going long after the breakout with a target near $1.16, determined by the triangle’s height. It’s wise to place a stop-loss below the ascending trendline to manage risk. As long as the price stays above the breakout level, there is a strong indication for the uptrend to continue.
Price Prediction
The lowest trading expense could be $0.949, while the highest could potentially reach $2.01 within this month. On average, it is anticipated that The Sandbox’s value will hover around $1.48 and Potential ROI: 249%.
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BurgerCities (BURGER)
BurgerCities is focused on establishing a cohesive and standardized metaverse realm within Web3 by merging DeFi and NFT into the broader Metaverse. Within this realm, individuals can engage in various daily activities like socializing, gaming, and more. Additionally, they can explore DeFi and NFT features using their personalized avatars for activities like trading, staking, NFT showcases, Gamefi, and beyond.
Price Today
The current price of BurgerCities (BURGER) stands at $0.8508 today, accompanied by a trading volume of $5,436,426.42 over the last 24 hours. This indicates a 7.36% price surge in the past day and a -2.53% price drop in the previous 7 days. BurgerCities has a circulating supply of 33 million BURGER tokens, resulting in a market capitalization of $28,275,535.
Technicals
The price has recently broken out of the cup and handle pattern, and the breakout level has been successfully retested. This indicates a potential for significant upward momentum in the near future.
The bullish cup and handle pattern on the 3-day BURGER/USDT chart suggests a potential uptrend continuation once the resistance at $0.92 is broken. Aim for a target price of approximately $1.59, based on the cup’s depth, and consider going long after the breakout. Place a stop-loss slightly below the handle to manage risk effectively. This trade setup offers a high-confidence opportunity with clear entry and exit points.
