Metaverse crypto coins are some of the most popular cryptocurrency categories, despite the seven-month-long bear market. There are dozens of Metaverse tokens available, and for someone new to the space, it might be challenging to figure out which ones to pick. Today we look at The Merkle’s pick of the top three Metaverse crypto coins with a market cap below $125 million to watch in July 2022.
Note: The list below is ordered by the market capitalization of each Metaverse token, lowest to highest.
Launched in December 2020, Yield Guild Games (YGG) is the leading Metaverse gaming guild, featuring a robust community of players focusing on helping each other earn more from popular play-to-earn, Metaverse, and NFT games like The Sandbox, Axie Infinity, Decentraland, etc.
Yield Guild Games includes a diverse portfolio of Metaverse games of all sizes, including Star Atlas, Illuvium, Splinterlands, and much more.
If you’re an avid crypto enthusiast and believe in the future of play-to-earn and Metaverse gaming, we recommend minting a YGG badge, which serves as your ticket to the gaming guild.
The good news is that the badge is free to mint. Users must only pay the gas fees associated with the minting transaction. At the time of writing, users can mint a badge for as low as $3, a relatively small investment compared to the benefits of receiving insider knowledge and joining a unique community of crypto enthusiasts and players.
The primary governance asset for the gaming guild is YGG, an ERC-20 token enabling users to vote on DAO proposals, claim rewards, and interact with various aspects of the Yield Guild Games ecosystem.
You can buy YGG on Crypto.com, Phemex, Gate.io, Binance, LBank, Gate.io, Uniswap, Kraken, etc.
Launched in May 2019, Chromia (CHR) is a relatively new blockchain built explicitly for Metaverse and blockchain games. It’s a relational blockchain with a unique architecture perfect for dApps requiring high on-chain interaction and a significant amount of transactions.
Chromia enables developers to build dApps and Metaverse/NFT games much faster than traditional development platforms like Solidity, signaling the tremendous long-term potential for Chromia.
There are several games in development on the Chromia blockchain, and some have already launched on the mainnet, meaning that the blockchain has a proven track record of sustaining high-quality Metaverse/NFT games. Some of the most popular games on Chromia include Mines of Dalarnia (featured in our previous Metaverse tokens article) and MyNeighborAlice, both with market caps in the millions.
The primary utility asset for Chromia is the CHR token, a cross-chain digital asset including both Ethereum ERC-20 and BNB Chain BEP-20 versions. CHR powers Chromia and some utilities include using it as a reserve peg for applications running on the platform, paying for hosting fees, etc.
You can purchase CHR on major exchanges like FTX, Gate.io, Bithumb, KuCoin, Kraken, PancakeSwap, Crypto.com, etc.
Launched in August 2021, Radio Caca (RACA) is a unique Metaverse ecosystem built on Ethereum consisting of a play-to-earn game Metamon, a robust NFT marketplace, and its USM (United States of Mars) Metaverse, comparable to Decentraland.
Radio Caca features one of the most significant communities supporting the project, and RACA features over 633k followers on Twitter, signaling the tremendous support and long-term potential of the project.
Even with the recent bear market, Radio Caca has been busy establishing new partnerships, releasing unique NFT collections, and building its ecosystem of dApps. Radio Caca features a direct relationship with one of Hip Hop’s most iconic artists – French Montana – who partnered with Radio Caca to release an NFT collection called French Family for his upcoming album Montega.
With a current market capitalization of $142 million, Radio Caca is a must-watch in July 2022. The project is based in Dubai and recently celebrated its first anniversary in May. Radio Caca has excellent long-term potential as the team continues to work and build its ecosystem.
The native utility asset for Radio Caca is the RACA token, an ERC-20 Ethereum-based digital asset also featuring BNB Smart Chain (BEP-20) and OKExChain (OKX) versions.
You can buy RACA on KuCoin, Uniswap, Gate.io, PancakeSwap, OKX, MEXC, Phemex, etc.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coin or investing in any cryptocurrency.
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