3 Underrated Metaverse Coins to Watch for 2022
Metaverse coins continue to show bullish momentum even as Bitcoin and Ethereum struggle. There are a lot of Metaverse coins to choose from, and it can be challenging to decide which one is a good pick for 2022. This article will outline a few underrated Metaverse coins with a market cap under $500 million and a great long-term potential for 2022.
Star Atlas DAO (POLIS) – $200 million
Star Atlas is a blockchain-based grand strategy game of space exploration. It features a futuristic universe allowing users to customize spaceships and explore the Metaverse.
Players can join factions and explore the limitless universe. In addition, players can build their fortunes in their own homes in space. Players can explore and conquer various planets and stars and be a part of the Star Atlas intergalactic ecosystem.
Star Atlas also includes Mining Towns, which are resource-rich areas of economic activity. In addition, Star Atlas features a marketplace allowing players to buy and sell resources both inside and outside the game.
Star Atlas has chosen Solana as the protocol to build its vast massive multi-player Metaverse. It only makes sense that Star Atlas decided Solana, as they launched the first-ever “web-scale blockchain” in 2019, making it the first blockchain to host applications with similar bandwidth to the current internet.
According to Michael Wagner, CFA – Star Atlas, CEO:
“Star Atlas will provide the most powerful opportunity in human history for players to realize economic benefits through the extraction of in-game virtual earnings into real-world income.”
Overall, Star Atlas is exceptionally underrated as it only has a $200 million market cap. As the team continues to develop the Metaverse, there’s no doubt Star Atlas can at the very least double in valuation.
Star Atlas is currently trading at $0.18, with a 24-hour trading volume of $56 million. You can purchase ATLAS on FTX, Gate.io, Raydium, and more.
Alien Worlds (TLM) – 347 million
Alien Worlds is a decentralized Metaverse connected to Ethereum, WAX, and Binance Smart Chain. It’s currently topping the charts as one of the top games by users.
Alien Worlds allows players to lease spacecraft and send them on missions to discover the Metaverse. As players embark on their 2055 adventure, they can come across Trillium. This token incentivizes players to play the game as it has real-world value.
Players can travel to various planets, which are all separate Decentralized Autonomous Organizations (DAOs). These DAOs receive daily Trillium through the smart contracts, and players can also receive a portion of the TLM if they are a part of that planet’s DAO.
In addition, each planet acts as a separate entity offering its own games and NFT collections.
Overall, Alien Worlds is a fantastic concept bridging blockchain tech with gaming. TLM is a highly undervalued project, with a market cap of only $347 million. With similar projects like Axie Infinity boasting $1b+ valuations, TLM could easily double in value in 2022.
TLM is currently trading at $0.37, with a 24-hour trading volume of $300 million. You can purchase TLM on Binance, KuCoin, FTX, PancakeSwap, and more.
RedFOX Labs (RFOX) – $391 million
RedFOX Labs is a blockchain venture builder focusing on various technologies, one of which is RedFOX VALT – an interactive and fully immersive gamified shopping experience. In addition, the team is developing RFOXGAMES, which is an ecosystem of interoperable tournament-based video games on the RedFOX platform.
RedFOX Labs is a dual token ecosystem featuring both RFOX and VFOX. RFOX is the native currency on the platform, while VFOX is used for governance and receives a percentage of the transaction volume generated within the virtual space.
Recently, RedFOX labs have been in the news with their upcoming Reebok NFT drop. Securing such a high-profile partnership is a sure way to get the market’s attention, and we’ve seen RFOX price increase by over 10% in the past 24 hours.
The Reebok NFT drop is scheduled to happen on December 1st, 2021, and will use RedFOX tech RFOXVALT to allow users to place bids on the collection.
With a market cap of only $391 million, RedFOX Labs is a highly underrated project. It wouldn’t be surprising to see RFOX reach a $1 billion valuation in 2022.
RFOX is currently trading at $0.29, with a 24-hour trading volume of $21.6 million. You can purchase RFOX on KuCoin, Gate.io, Uniswap, PancakeSwap, Bittrex, and more.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.
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