The beginning of May could be challenging as the crypto markets are showing significant bearish momentum. However, the recent price drop is great news for those brave enough to buy the drop and look for undervalued projects with great long-term potential. Today we take a look at our pick of the top three Metaverse cryptocurrencies under $0.1 to watch in May 2022 and beyond.
Note: The list below is arranged by the current unit price of each Metaverse crypto, from lowest to highest.
#3 Sphere (SPH) – $0.0556
It was launched in March 2021, Spherical Universe (SPH) It is best described as an extended virtual Metaverse project that uses next generation technology to enable users to earn rewards.
The project features virtual spaces that are comparable to plots of land in Decentraland or The Sandbox. Users can purchase and place advertisements on these spaces in Spheroid’s Metaverse, generating passive income in its ecosystem.
At the heart of the art of NFT, XR gaming, blockchain and DeFi, Spheroid Universe brings together the latest crypto trends in an immersive and engaging ecosystem. It features a space market where users can explore the world in search of virtual spaces and buy space for themselves.
The project’s mission is to empower developers and users with Spheroid XT Cloud, an integrated development environment in the cloud, making it easier for developers to build extended reality applications.
Furthermore, the project features a unique mobile application that allows users to scan real-world objects in the Metaverse using artificial intelligence technology. Spheroid Universe will recreate structures and reward users for shots.
With a current market capitalization of $5.7 million, the Spheroid Universe is one of the most underrated and undervalued Metaverse cryptocurrencies on the market. In addition, while most Metaverse projects show a price drop today, Spheroid Universe managed to score a 5% price increase, which speaks volumes about the huge potential of the project.
SPH is the root of the ERC-20 utility platform on the platform, which enables users to receive rewards, interact with the Metaverse, purchase virtual real estate in the Space Marketplace, etc.
You can buy SPH on LATOKEN, ShibaSwap and Uniswap.
#2 Alien Realms (TLM) – $0.07715
It was launched in April 2021, Alien Realms (TLM) It is currently the most popular Metaverse crypto game on the market, according to Dapp Radar. It has more than 899 thousand monthly users, with a 34% increase in users over the past month, which indicates the huge long-term potential of the game.
Alien Worlds is a browser-based Metaverse game based on NFT and about user mining for Trilium (TLM) on the platform. Users can mine Trilium either by using NFT tools that can be purchased from WAX’s Atomic Assets Marketplace or by putting a TLM into a BNB chain and renting a spacecraft to send on missions. Each mission takes between 2-12 weeks, and users can get a huge bonus and up to five NFTs per mission.
Even with the recent bear market, Alien Worlds has maintained a relatively healthy price range of 7-10 cents, which means that if you actively share your TLM, you can even take profits during this volatile market.
In addition, TLM features a virtual real estate market in the form of NFTs. Users can purchase plots of land on different planets in WAX’s NFT Marketplace and start making passive income when users mine Triliium in their world. The project also features a DAO in which users can share a TLM and provides voting power to influence the future of the project.
With a current market capitalization of $70 million, Alien Worlds is exceptionally undervalued and could be an excellent opportunity to open a position. Alien Worlds has huge long-term potential as a fully functional game and one of the most popular games on the market, and the project is a must watch in May 2022.
TLM is the root of the primary utility in the WAX blockchain, including the ERC-20 and BEP-20 versions. Some use cases for TLM include renting spacecraft to send on missions, distributing them to users as rewards, and administering a DAO.
You can buy TLM on PancakeSwap, FTX, KuCoin, WazirX, MEXC, LBank, etc.
#1 ONSTON (ONSTON) – $0.08332
It was launched in November 2021, unstone It is a Metaverse cryptocurrency that features a strong ecosystem that integrates several virtual reality platforms, NFT marketplace, and more.
ONSTON is looking to build a strong economy that revolves around gaming, culture and communication platforms in its Metaverse. It will use virtual reality and augmented reality technologies ONSTON to achieve its vision.
The project looks to combine facial recognition and AR/VR technology to provide users with an immersive and engaging experience. Participants in the ONSTON ecosystem will be able to travel across many digital worlds and enjoy a variety of content.
Onston is best described as an encrypted version of Second Life, an integrated ecosystem and environment that looks to immerse users in its Metaverse. Participants will have the option to engage in a wide range of activities, including traveling abroad, creating items, displaying/selling artwork, and much more.
The platform is still early days, hence the relatively low market capitalization of $8 million. According to the roadmap, the 3D virtual world is scheduled to start development in the second quarter of 2022, and Onston Market will open in the third quarter of 2022, making this project a must-see.
The origin of the primary benefit on the platform is ONSTON, an ERC-20 token that features the Avalanche and Polygon versions.
You can buy ONSTON on DigiFinex, Hotbit, Poloniex, Bittrex, MEXC, Phemex, KuCoin, Gate.io and Huobi Global.
Disclosure: This is not business or investment advice. Always do your research before buying any cryptocurrency from Metaverse.
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