The buzz around the Metaverse has transitioned from just a mere frenzy on social media to a major topic in the mainstream media and amongst investors. The Metaverse’s increasing popularity has been largely bolstered by world of mouth propagated by enthusiasts and existing users. This has given rise to the best Metaverse crypto to invest in 2022 for high returns.
Although it is far from attaining mainstream adoption, the underlying technology has been widely adopted by crypto users who appreciate its innovative features and investment opportunities it offers.
Investor interest in the Metaverse gained traction after Facebook, a leading technology company, rebranded to Meta in September 2021. Meta invests heavily in in the Metaverse. In line with its vision and mission, the tech giant focuses on the Metaverse as the future of technology.
Play-to-Earn (P2E) gaming projects, Metaverse, and virtual reality (VR) models have since revolutionised people’s perspective of value creation while interacting in the virtual world. This has opened the way for investors to own digital assets and in-game currencies that have the potential to transform many sectors.
In this guide, we discuss the best Metaverse crypto to buy in July 2022. We will also show you how to buy your chosen Metaverse tokens with a SEC-regulated crypto exchnage platform in less than five minutes.
Best Metaverse Crypto to Invest in July 2
The conditions of the digital market (whether in a bull or bear market) does not affect all crypto sectors equally. Some crypto categories are better poised to perform better than others. In addition, you cannot expect all cryptos in the same sector to gain traction at the same pace. Some will gain popularity faster than others and as such, experience exponential price growth.
Today, the crypto market is in distress following the crypto market crash that started in May, triggered by the collapase of the Terra ecosystem. Despite these gloomy market conditions, NFT and gaming tokens in the Metaverse have been outperforming others in the crypto space.
Today, we have come up with a list of metaverse crypto to Invest In July 2022.
The Sandbox – Top Metaverse Crypto for Virtual Reality Experiences
GALA – Best Penny Metaverse Crypto to Watch in July 2022
Are toy interested in buying cryptocurrency tokens in the Metaverse, this step-by-step guide that gives you all the information you need to get started.
A Detailed Look at the Best Metaverse Cryptos To Invest In
Below we provide a closer look at each of the best metaverse cryptos listed above:
Battle Infinity – Overall Best Metaverse Crypto to Invest In July 2022
Battle Infinity (IBAT) is one of the most promising coins to invest in at the moment.
Battle Infinity is a blockchain-based gaming platform that provides a completely decentralised experience that gives users and creators direct ownership of their in-game items in a completely transparent and tamper-proof ecosystem. according to the Battle Infinity, the platform is “made up of multiple P2E (Play-to-earn) battle games” where all games are integrated into their Metaverse world called the IBAT Battle Arena.
Battle Infinity is more than just a game in the Metaverse where players only play and battle. No, this project offers a new gaming experience that gives you entry into the “Multiverse of the Metaverse” where you can immerse yourself into the virtual world as you interact with other users, perform, watch and explore the Battle Arena virtual space – Battle Infinity’s Metaverse.
Battle Infinity provides its users with a completely secure and limitless immersive experience. The Battle infinity platform has six different products designed to form a complete platform ecosystem that is efficient, handy, and easy to use.
IBAT Premier League: This is the world’s first Decentralized Blockchain NFT-based Fantasy Sports Game. It is integrated in the Battle Arena virtual world where users can build their strategic teams and battle it out with others from around the world and earn rewards.
IBAT Battle Market: All in-game assets and characters are tokenized to ERC-721 standard on the platform to create NFTs. This makes it unique and places value to Battle Infinity, which is drawn from the rarity of these assets.
IBAT Battle Games: Battle Infinity is a multi-player, multi-game store providing gamers access to multiple NFT-based play-2-earn games. Players can buy and sell their gaming assets and characters and winning NFTs in the battle market and store them in the game store.
IBAT Battle Swap: Battle Swap functions as a Decentralised Exchange (DEX) on the platform. It enables new users to buy IBAT tokens directly and convert their winning rewards to another cryptocurrency, which they can later convert to fiat currency for use in the real world.
IBAT Battle Arena: This is the name given to Battle Infinity’s own Metaverse. It is a virtual world where players use their own unique avatars to participate in the game. These avatars can be upgraded from the battle market from their clothes to hair. For example, if the players would like to add any hat or sunglasses to their avatar or character they will be able to buy them from the battle market.
IBAT Battle Stake: This is the staking platform within the Battle Infinity ecosystem where users can battle against stakers to get higher APYs. There are 3 types of staking they are introducing: Solo Staking, Duo Staking and Crates Staking.
If you want to be part of this amazing project, you would need IBAT tokens. Battle Infinity launched its presale on July 11 with a hard cap of 16,500 BNB. Below are five simple steps on how to buy Battle Infinity crypto within minutes through the platform’s online portal:
Step 1 – Set Up a Crypto Wallet: You need to set up a wallet compatible with BEP-20 tokens, such as MetaMask or Trust Wallet.
Step 2 – Purchase BNB: You will be required to buy Binance Coin (BNB) from a respected broker or cryptocurrency exchange.
Step 3 – Connect Wallet to Presale Dashboard: Go to the Battle Infinity website and click ‘Launch Presale’ on the click ‘Connect Wallet’, then follow the prompts to link your wallet.
Step 4 – Buy Battle Infinity: Enter the amount of IBAT you’d like to purchase or the amount of BNB you’d like to invest, and click ‘Buy IBAT’ to confirm the transaction.
Step 5 – Specify IBAT Contract Address: Click ‘Import Tokens’, enter the IBAT token address, and click ‘Add Token’ to allow you to access your IBAT holdings.
Before you invest, do your own research first to finding out more about the project on the Battle Infinity website and join the Telegram group to get more information the presale.
Launched in 2018, Decentraland had a major head start in the Metaverse race. This popular Metaverse project is built on top of the Ethereum blockchain and it offers a virtual gaming experience to users who play from anywhere in the world.
Users can create and customize their characters, chat with other users, and explore the ever-growing Decentraland world. It’s also become one of the best web 3.0 crypto coins to buy this year.
For investors, it is worth noting that Decentraland has its very own crypto coin called MANA. It is the natiev token of the Decetraland ecosystem that used for all transactions that take place within the game, which gives it real utility. Some of the most lucrative transactions conducted include virtual land and real estate purchases.
When it was first launched in 2018, the platform’s developers sold land for roughly twenty dollars for a 3333-foot chunk of land. Users spent about one sixty-one million MANA on 34,356 LAND plots during the maiden auction, totalling roughly $30 million. Today, one parcel of land goes for a high as one million dollars.
LAND can be purchased on the Decentraland Marketplace as well as on secondary markets a non-fungible tokens (NFT), which have been increasing in popularity in recent months.
Because of the increasing interest of Generation Z investors in crypto, we are sure that NFT and Metaverses like decentraland are here to stay for a long time.
In 2021, MANA price skyrocketed, and what was a once barren land with nobody’s attention on it is slowly filling with content as the Decentraland user population grows. At the time of writing MANA price was trading outside a symmetrical triangle at $0.8 as shown on the daily chart below.
The token was trading with a bullish bias on Wednesday and the Relative Strength Index (RSI) had started facing upwards, an indication that the buyers had the potential of propelling the price higher.
The bulls will now try to push MANA above the triangle’s support line at $0.84 and back into the technical pattern. The next move would be to overcome the major resistance at $0.90, where the 50-day Simple Moving Average (SMA) and the triangle’s descending trendline appear to converge.
Overcoming this barrier could bolster the Decentraland price toward the optimistic target of the prevailing chart pattern as $1.42. This move would bring the total gains to 77.76%.
MANA/USD Daily Chart
On the downside, the RSI was positioned in the negative region and the price strength at 41 suggested that the bears still had the upper hand. As such, daily candlestick close below the immediate support at $0.78 could see the metaverse token drop toward the swinglow at $0.37, representing a 53.55% decline from the currrent price.