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The crypto market is in quite a volatile position presently. However, despite the state of the market, one of the best ways for investors to secure their portfolio is to find assets that have solid use cases. The metaverse is still a hot-ticket item. Finding the best metaverse altcoins to buy for high returns seems like a surefire way to earn gains down the line.
Below, we’ve outlined some of the top metaverse altcoins for big gains in the future.
1. Lucky Block (LBLOCK)
LBLOCK isn’t a metaverse coin. However, it is one of the most exciting cryptocurrencies in the market right now, and investor attention has been growing for months.
LBLOCK powers Lucky Block – an online gaming platform that allows investors to enjoy multiple games within its ecosystem. Lucky Block uses blockchain technology to optimise transparency and fairness in its ecosystem. Games are accessible through the platform’s native token.
LBLOCK currently trades at $0.00098. The crypto asset is down by 2% in the past month. It still trades well above the broader market.
The biggest reason to buy Lucky Block now is the platform’s prize pool and non-fungible token (NFT) giveaway. The draw is expected to last until the end of the week, and the platform intends to give a total of $2 million in rewards to community members.
Only 4 days left until the next draw! ⏰
Let us know if you've already purchased the tickets ⬇️
And if you haven't already, go to https://t.co/ZG3icHqoL0 and grab a few 🎟️#NFT #NFTCommunity #crypto #cryptocurrency #blockchain #BSCGem #cryptogames pic.twitter.com/ucb6Cnso3U
— Lucky Block Casino (@luckyblockcoin) June 13, 2022
Eligibility for the main prize pool is $500 worth of LBLOCK tokens or tickets worth $5. Users can also engage in the NFT giveaway by purchasing one of Lucky Block’s Platinum Rollers’ Club NFTs. With Lucky Block’s continued efforts towards the launch of its mobile app and other initiatives, this seems like a good time to invest in LBLOCK.
2. The Sandbox (SAND)
Next on our list of the best metaverse altcoins to buy is SAND. The digital asset powers The Sandbox – a platform that has quickly become an industry standard for the metaverse.
As a gaming platform, The Sandbox has effectively sold its platform as a site for engaging in fun and immersive experiences. Its SAND token has benefited from this, although its current price of $0.8965 reveals a drop of 33.59% in the past month.
Despite the drop, investors can buy Sandbox. The platform recently inked a partnership with global payment processor Mastercard to ensure easier NFT purchases. Cardholders can purchase tokens without converting their fiat to crypto.
With optimal ease of use, The Sandbox is looking to make the NFT space more inclusive. We expect to see the platform benefit from this.
3. Axie Infinity (AXS)
Axie Infinity has had to endure some harsh times. The platform’s Ronin Bridge suffered a devastating hack.
However, Axie Infinity remains one of the most popular blockchain gaming platforms. The platform, which revolves around digital NFT pets called Axies, allows players to earn while enjoying their favourite game, and its model has been a revolutionary force in the play-to-earn era.
Currently, Axie Infinity’s AXS token trades at $14.19. The crypto asset is down by 34.90% in the past month.
Despite the drop, there are still a lot of untapped potential and reasons to buy Axie Infinity Shards. The platform remains a shining beacon among blockchain gamers and is expected to see an increase in users once the market flips bullish again.
Also, Axie’s developers recently announced the first batch of players that would be accepted into its Builders Program. Launched back in January, the program serves as an incubator for community-created experiences and games. The aim is to reward developers who can contribute to the Axie Infinity community by creating games and tools on the platform.
4. Decentraland (MANA)
Decentraland has remained one of the most promising metaverse platforms in the market. The platform is famous for seamlessly blending the metaverse with several other hot-ticket concepts, including NFTs and blockchain gaming.
Players can enjoy the platform and its gaming offering. Also, players can employ the platform for exploration and other experiences. MANA, the platform’s transactional token, currently trades at $0.82, down by 35.4% in the past month.
Like Axie Infinity, Decentraland appears to be trading at a discount now. As one of the foremost metaverse and gaming platforms, crypto enthusiasts expect that Decentraland will see gains when the market flips bullish. The platform’s place in the industry is reason enough for investors to buy Decentraland.
5. ApeCoin (APE)
ApeCoin rounds out our list of the best metaverse altcoins to buy now for high returns. The digital asset is the native token of Yuga Labs – the studio that developed the Bored Ape Yacht Club (BAYC) NFTs. With Yuga Labs looking to grow and expand into the metaverse, APE’s prospects look more attractive.
At press time, APE trades at $3.64. This is a drop of 57.67% in the past month.
Last week, the ApeCoin decentralised autonomous organisation (DAO) chose to remain on the Ethereum blockchain. The DAO had been coveted by several competing blockchains, particularly Avalanche. The race for the DAO indicates an increasing demand for APE and is a major reason for investors to buy ApeCoin.
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