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The NFT market is booming, with prices of the most popular NFTs surpassing millions of dollars. As a result of this boom, the digital tokens used to transact NFTs are increasing in value. For astute investors looking for the next popular NFT cryptocurrency to invest in now, several of the projects we’ll look at offer an enticing investment opportunity.
1. Lucky Block (LBLOCK)
Lucky Block‘s Platinum Rollers Club NFT collection comes first as our top recommendation for the popular NFT cryptocurrency to invest in now.
At press time, LBLOCK trades at $0.001356, increasing 20.69% in the last 24 hours. The digital asset saw a downtrend of 14.47% in the past 7 days. In addition, LBLOCK 86.34% below the all-time high of $0.01. However, the digital asset is still a value-rich crypto asset for long-term profits. This potential is due to LBLOCK’s earlier climb to a record-breaking value of $0.96.
Lucky Block is a revolutionary cryptocurrency platform that focuses on games and runs on the Binance Smart Chain (BSC). The platform also hopes to increase gaming transparency and fairness by building a gaming system that gives players a better chance of winning. Additionally, Lucky Block intends to provide token holders with a feasible investment strategy.
Furthermore, by locking in their tokens, token holders can contribute to the daily jackpot. When the game is finished, one individual is awarded 70% of the jackpot, 10% is donated to charity, 10% is spent on promotion, and 10% is distributed to all LBLOCK token holders depending on the number of tokens they own.
The Lucky Block Platinum Rollers Club NFT prize draws have been rescheduled for earlier. Although the platform will disclose the date at least a week before the event, the draw is speculated to hold in May 2022. As a result, the giveaway will take place before all 10,000 NFTs in the Lucky Block Platinum Rollers Club NFT collection are sold. Additionally, the platform intends to provide a $1 million LBLOCK prize in this first giveaway.
Lucky Block also stated that a Lambo would be given away if the NFTs sell out. An advantage of the Platinum Rollers NFTs is their use as a ticket for Jackpot-style prizes on a lifetime basis.
2. Tezos (XTZ)
Tezos comes next on our list of popular NFT cryptocurrency to invest in now.
At press time, Tezos price is $2.15, down 0.16% in the last 24 hours. Additionally, the digital asset has slumped by 10.83% in the past 7 days and is 81.71% below the all-time high of $12.19. Despite this, the Relative Strength Index (RSI) of Tezos is in the underbought region, which presents an opportunity for investors to buy the asset and rise with the market.
Tezos is a decentralised computing platform and cryptocurrency with features like proof of stake (POS) consensus and formal verification. These features allow developers to check their code’s authenticity and stakeholders to vote on protocol modifications.
For constructing dApps, the computing platform provides a more scalable foundation. Tezos’s strength is its future-proof architecture, which allows it to scale without requiring a hardfork.
Users in the DeFi, NFT, and Metaverse ecosystems benefit from Tezos’s high-performance and low-cost transactions.
Misfits Gaming Group announced a multi-year partnership with Tezos. This partnership marks another major esports team’s entry into the crypto world. However, unlike many crypto/esports partnerships, mainly focused on sponsorship activations, Misfits will build and support blockchain games via a new Tezos-powered platform.
The deal names Tezos as Misfits’ official blockchain partner. According to Vas Roberts, executive vice president and head of global partnerships for Misfits Gaming, the arrangement will involve sponsor placement on player jerseys and video series and tournaments to engage and educate fans across the unique communities.
3. Theta Network (THETA)
Next on our list of popular NFT cryptocurrency to invest in now is Theta.
THETA, Theta Network’s token, currently trades at $1.83, down by 1.42% in the last 24 hours. The digital asset has slumped by 20.45% in the past 7 days. In addition, the crypto asset is 88.09% below the all-time high of $15.90. However, Theta’s Moving Average Convergence Divergence (MACD) shows a slight buy value. As a result, investors can buy THETA at this time and hold on for long term.
Theta Network is a blockchain-based network dedicated to video streaming. Users swap bandwidth and computational resources on the Theta mainnet, a peer-to-peer (P2P) network.
The network’s business strategy is to decentralise video streaming, data transport, and edge computing. According to the project’s designers, the project aims to shake up the video streaming market in its current condition. Bad user experiences are caused by centralisation, inadequate infrastructure, and high expenses in the market’s present condition. Furthermore, content creators currently earn less money due to the barriers between them and end-users.
Theta’s attraction is threefold: to make users gain from higher-quality streaming services, content providers earn more money, and intermediaries – video platforms – save money on infrastructure while increasing advertising and subscription revenue.
Presently, non-fungible tokens (NFTs) are going 3D, and Sony wants to be the company that leads the charge. According to the firm’s initiative partner, South Korean blockchain network operator Theta Labs (THETA), the new 3D NFTs were designed with Sony’s Spatial Reality Display. The display unit features a high-speed vision sensor that follows users’ eye movements to create 3Ds based on eye positions.
4. Decentraland (MANA)
Next we have Decentraland, the 3D Virtual reality platform, on our list of popular NFT cryptocurrency to invest in now.
Currently, MANA is priced at $1.59. The crypto asset has seen a downtrend of 2.29% in the last 24 hours. Also, the crypto asset has slumped by 21.10% in the past 7 days. MANA is 79.61% below its all-time high of $5.90. Despite the bearish value, the asset Relative Strength Index (RSI) is in the underbought region while the MACD shows a buy signal. This presents an opportunity for investors to buy the digital asset and rise when the market consolidates.
Decentraland (MANA) is an Ethereum-based virtual reality platform that lets users produce, consume, and monetise content and apps. If you’re looking for the greatest NFTs to invest in in the metaverse ecosystem, Decentraland is a wonderful place to start. Users can, for example, purchase virtual land parcels in this virtual environment to develop and commercialise.
Content creators, people, and businesses looking for a new artistic medium or source of entertainment should pay attention to the platform. Decentraland users generate money by leasing, promoting, and sharing commercial experiences.
MANA, an ERC-20 token, is Decentraland’s in-game currency and the platform’s cryptocurrency. The crypto asset allows users to buy, sell, and exchange LAND in the virtual world and pay for products and services. Through the Decentraland Marketplace, users may use MANA to buy estates, avatars, wearables, and unique avatars.
Fidelity Investments just launched its first immersive metaverse experience to provide a new way to learn about investment basics. The platform’s introduction marks Fidelity’s latest push to develop creative approaches to meet consumer needs, particularly the future generation. Fidelity Investments is the first large brokerage business to offer an educational metaverse experience.
5. The Sandbox (SAND)
Rounding off our list of popular NFT cryptocurrency to invest in now is the 3D Metaverse game, The Sandbox.
At press time, SAND’s price is $1.79, a drop of 0.41% in the last 24 hours. SAND saw a downtrend of 14.93% in the last 7 days and is currently 77.99% below the all-time high of $8.44. The digital asset will likely rise with the broader crypto market as the RSI is still in the underbought zone while the MACD shows a buy signal. Investors can buy at this dip and hold on for the long-term.
The Sandbox is a game-like blockchain-based virtual world where users may create, build, purchase, and sell digital goods. Sandbox develops a decentralised platform for a healthy gaming community by combining the powers of decentralised autonomous organisations (DAO) with non-fungible tokens (NFTs).
Moreover, as the first platform to incorporate blockchain technology into the gaming industry, The Sandbox is unique. The gaming sector is still a largely unexplored opportunity for blockchain adoption. As a result, The Sandbox intends to change the market by establishing a universe where gamers may develop and gather blockchain-based goods.
The Sandbox generates a metaverse of involved players contributing to its development by focusing on user-generated content. Furthermore, the Sandbox fosters decentralised governance by introducing the SAND token. As a result, users can share their thoughts and ideas regarding the project’s progress.
The government of Dubai is making no concessions in its attempts to foster the growth of the local crypto business and its appeal to crypto enthusiasts. Dubai Virtual Assets Regulatory Authority (VARA) has announced that it has purchased a plot of property in The Sandbox metaverse to construct a virtual headquarters.
VARA is entering the Metaverse to reach a borderless audience. At the same time, VARA will promote social inclusion and environmental sustainability by managing its activities with fewer physical resources.
Additionally, VARA’s MetaHQ will act as the primary route for developers, younger people, and players who frequent the Metaverse. The MetaHQ users will share their experiences and information, enabling “secure adoption” to encourage global interoperability.
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