Top 10 Metaverse Crypto Projects to Look Out For in 2023

Introduction

Metaverse has remained one of the hottest topics in crypto communities in 2023. You might have also heard about celebs buying real estate in some metaverse or famous brands selling their product NFTs in virtual stores. These were just a few examples, metaverse has numerous use cases that can transform our lives, from how we attend parties to how we conduct business. But exactly, is this virtual world or metaverse? 

In crypto terms, Metaverse is a virtual reality that runs on blockchain networks, allowing users to interact with each other through digital avatars. Their value is derived from blockchain principles and utility. In this article, we will explore some best projects of Metaverse, their key features and more.

ApeCoin (APE)

ApeCoin is one of the most recent metaverse projects that has grown exponentially, surpassing other projects amidst weak crypto markets in 2022. It is an ERC-20-based token adopted by BAYC creators- Yuga Labs as the primary token for all products and services in their metaverse project. APE was initially dropped to BAYC and MAYC NFT owners, but now anyone can buy APE coin to participate in Apecoin DAO and vote on governance decisions.

ApeDAO is continuously working to make an active and engaging community by proposing new upgrades and voting every while.

📢 GM ApeCoin 🦍

The first round of voting for the ApeCoin Special Council and Governance Working Group has concluded. 🗳️

— ApeCoin (@apecoin) June 22, 2023

APE Price Prediction 2023

• APE price today is trading at $2.23, with a 24-hour trading volume of $73 million. The APE price has dropped by 3.83% during the last 24 hours with its market cap of standing at $821 million as on June 28, 2023.
• APE price showed recovery at the beginning of the year but soon began to follow a downward trend and is currently trading below its 50-day moving average.
• If the APE price pulls back above the trendline, it might possibly reach $4 soon.

Additional Read: Top Metaverse Coins

The Sandbox (SAND)

The Sandbox is an Ethereum blockchain-based metaverse gaming project where one can create, buy and sell digital assets and avatars, as well as purchase land to build their own virtual world for others to play. The Sandbox ecosystem comprises three main products: VoxEdit-a 3D pixel editor to create wearables, arts, and other objects. Sandbox Marketplace- to mint, buy and sell digital art and 3D models, Game Maker- an easy-to-use tool to create games in Sandbox. Some brands and celebrities who have partnered with Sandbox are Adidas, Gucci, Paris Hilton, Snoop Dogg and many more.

New metaverse land Lion City has been launched in the Sandbox. This new city features over 30 global and regional brands of Singapore’s culture, from sports, fashion to tech, with a neighborhood of 512 virtual lands.

We are excited to announce the launch of Lion City, the Singapore neighborhood in The Sandbox, at our first-ever Singapore Partner Day event. 🦁🏙️

The team in Singapore have been working for 9 months to create a new neighborhood with 512 virtual LANDs called Lion City.… pic.twitter.com/eaKYtANDan

— The Sandbox (@TheSandboxGame) June 27, 2023

Read More: How is Metaverse Powering the Gaming Industry

SAND Price Prediction 2023

• SAND price today is trading at $0.4121, with a 24-hour trading volume of $53 million. The SAND price has dropped by 3.38% during the last 24 hours with its market cap of standing at $771 million as on June 28, 2023.
• SAND price recently touched a low of $0.33 after July 2021, but bulls have managed to reverse SAND price.
• Though the present market sentiment seems bearish, if the SAND price strengthens, it might exceed $0.5.

Decentraland (MANA)

The Decentraland-3D metaverse project was launched in 2020 by the non-profit organization Dentralenad Foundation on the Ethereum network. In Decentraland’s virtual world, users can create, buy-sell and share their digital assets with others and own pieces of land in the form of NFTs present in the platform. Decentraland has gained immense traction in the web2 world since its launch, and a few famous brands who have purchased properties in it include Adidas, Samsung, PricewaterhouseCoopers, Sotheby’s and others.

Decentraland 3rd collaboration with the creative studio, 3D Polygon Mind and Vegas City, Metaverse Pride 2023 event is live for communities to celebrate, enjoy live music performances and games, and claim exclusive wearable NFTs.

🌈#MetaversePride23 is here!

In collaboration with @3DPolygonalMind & @VegasCityDCL, let’s celebrate diversity & inclusion in the metaverse.

Get ready for live music, immersive games, exclusive wearables, and unforgettable moments.

For more info👇https://t.co/frUrj9Soli

— Decentraland (@decentraland) June 27, 2023

MANA Price Prediction 2023

• MANA price currently trading at $0.3728, with 24-hour trading volume at $44 million. The MANA price has fallen by 3.73% during the last 24 hours with its market cap of standing at $706 million as on June 28, 2023.
• MANA price has dropped over 46% in the past two and half months, with its strong support residing at $0.326 level.
• If MANA price rises above its 50-day moving average, it might recover to $0.55.  

Axie Infinity (AXS)

The next project we have on the list of top metaverse projects is Axie Infinity. It is a blockchain-based battling game, inspired from web2 popular Pokemon and Tamagotchi games. Axie game players can create and collect digital NFT creatures called Axies, which are available in various forms: birds, beasts, plants etc. Users can raise and battle Axies and the battle winner receives some experience points, exp, which are used to level up in the game. These Axise can also breed with each other to create new creatures which users can utilize in gameplay or sell on the Axie marketplace.

Players can download and play the Axie Infinity Origin game with their own NFT Axies from the Apple app store, the same is also available in the Google play store. 

1/ Origins has passed review with Apple and is now available on the App store!

We believe this is the first time that Apple has agreed to make an externally-purchased NFT usable on the App Store.

Let’s dive in 🧵👇 pic.twitter.com/LYPLnHEVF6

— Axie Infinity (@AxieInfinity) May 17, 2023

AXS Price Prediction 2023

• AXS price today is trading at $5.71, with a 24-hour trading volume of $32 million. The APE price has dropped by 2.82% during the last 24 hours with its market cap of standing at $671 million as on June 28, 2023.
• Like others, AXS price is also following a downtrend, trading near its 50-day moving average.
• The AXS indicator shows a short-term bearish market, if AXS recovers above $0.58, it might go upwards. 

Read On: Top Ways to Make Money in Metaverse

Enjin Coin (ENJ)

ENJ is an ERC-20-based token utilized in the Enjin ecosystem of various gaming products. Its original company was founded by Maxim Blagov and Witek Radomski in 2009. Enjin aims to offer individuals and businesses an all-in-one blockchain platform where they can build digital assets, and clans, host websites, monetize, and trade them in the Enjin marketplace. ENJ token is used to back digital assets minted in the Enjin network, provide liquidity and utility in the network. 

Enjijn’s NFT.io marketplace beta version is live for users to explore and trade fashion to gaming items with utility across Enjin worlds.  

What a way to start the week! https://t.co/s7R16rmaf6

— Enjin (@enjin) June 26, 2023

ENJ Price Prediction 2023

• ENJ price today is trading at $0.2833, with a 24-hour trading volume of $13 million. The ENJ price has dropped by 2.66% during the last 24 hours with its market cap of standing at $283 million as on June 28, 2023.
• ENJ price formed a death crossover of 200 and 50 days moving averages at the beginning of June, following rejection from resistance at $0.35.
• If ENJ price continues to display strength, it might reach $0.35 in upcoming times.

FLOKI (FLOKI)

FLOKI is a native utility asset of Floki’s Metaverse project- Valhalla. This is a play-to-earn NFT powered game where players can create their unique NFT character called Vera, farm crops for food, battle with other Veras and much more in Floki Island of Valhalla. FLOKI was inspired by Elon Musk’s Shiba Inu dog “Floki” and is used by players to purchase in-game assets like potions, crystals etc. Along with this, FLOKI can also be used in the Floki ecosystem of DeFi suite- FlokiFi, NFT marketplace- FlokiPlaces and the University of Floki, a learning platform.

Floki’s 2023 Roadmap is out now, this roadmap introduces major new upgrades to the Floki ecosystem, including FlokiFi locker extension, native payments, integration with the BNB chain, redesigning and more.

#FLOKI 2023 ROADMAP UPDATE

We are VERY CLOSE to delivering on several key promises on the $FLOKI 2023 roadmap, so we believe an update is long overdue to show where we are at.

Here is a quick overview of some of the exciting things our devs are working on behind the scenes that… pic.twitter.com/EjGj284jCk

— FLOKI (@RealFlokiInu) June 22, 2023

FLOKI Price Prediction 2023

• FLOKI price today is trading at $0.00002493, with a 24-hour trading volume of $20 million. The FLOKI price has dropped by 3.50% during the last 24 hours with its market cap of standing at $236 million as on June 28, 2023.
• FLOKI has been trading in a close range for the past few months, with its strong support level at $0.000020.
• Despite RSI-14 showing a short-term downward movement, FLOKI price can possibly touch $0.3 soon.

MAGIC (MAGIC)

MAGIC token fuels the Treasure Metaverse economy and NFT digital assets. The Treasure ecosystem of NFTs and communities was launched in 2021 on the Arbitrum blockchain and is secured by Proof of Stake consensus. Both Players and developers can leverage Treasure to play-to-earn games as well as uncover various aspects of game development from designing to marketing. MAGIC is the in-game currency of Treasure that can be earned and moved across the Treasure ecosystem of eleven games, including its flagship game- Bridgeworld, battleFly and Beacon.

TreasureDAO has launched a 3-week Mydsummer Madness event for players to explore Knights of The Ether game and earn exclusive in-game gears and $300k worth of prizes.

🗓️ Join us for a Builder Series on June 22nd to get the full scoop: https://t.co/QEc5qqyfFk

⚔️ Claim your Villager now: https://t.co/KwNriR40Ql

🎮 Start playing Blightfell: https://t.co/3NLptYeS2p pic.twitter.com/2Ddmqb47f4

— Treasure (@Treasure_DAO) June 22, 2023

MAGIC Price Prediction 2023

• MAGIC price today is trading at $0.8605, with a 24-hour trading volume of $54 million. The MAGIC price has dropped by 6.22% during the last 24 hours with its market cap of standing at $187 million as on June 28, 2023.
• MAGIC price displayed strength in the first quarter of 2023 and has been dropping since rejection from $1.06 resistance level.
• With the continuous development and upgrades of the Treasure ecosystem, MAGIC price might make new highs in the upcoming time.  

WAX (WAXP)

Worldwide Asset eXchange, also known as WAX, is another leading Metaverse project primarily focused on creating purposeful virtual gaming ecosystems and NFTs. Interestingly, WAXP underlying blockchain WAX is carbon-neutral and eco-friendly, with near zero transaction fees. Players can actually own virtual assets with WAXP tokens and share or trade them with others within the WAX. Sony, Marvel’s Spiderman, Funko, and Hot Wheels are some of the brand NFTs launched on WAX. 

WAX also has one-of-a-kind NFTs that are not just digital assets but have real physical items to represent- vIRL NFTs. You can keep both physical and digital versions of these items as per your choice.

📢 The Revolutionary Wave of vIRL® NFTs on the WAX Blockchain: An In-Depth Look!

Picture an NFT — a non-fungible token — but with a revolutionary twist: the ability to represent a physical item. This is a vIRL NFT.

Learn More: https://t.co/wzPFPKHKnF.

— WAX Blockchain – WAXP (@WAX_io) June 27, 2023

WAXP Price Prediction 2023

• WAXP price today is trading at $0.04654, with a 24-hour trading volume of $2 million. The WAXP price has dropped by 2.48% during the last 24 hours with its market cap of at $155 million as on June 28, 2023.
• WAXP price has been falling for the past few months, forming a death crossover of 200MA and 50MA in the 1-day chart.
• However, it has recovered above the YTD low, and if WAXP price retains positive sentiment, it might rise above $0.06.

Know More: How to Buy Virtual Land in the Metaverse

Illuvium (ILV)

ILV is yet another ERC-20 token and the currency for decentralized role-playing games built-in Illuvium. Backed by the Ethereum blockchain, Illuvium lets players explore its open world and collect in-game creatures known as Illuvials and items as NFTs, which can be used for battling, sharing and trading. Users can also purchase and sell these NFTs in the OpenSea marketplace or in-game decentralized exchange IlluviDEX. ILV tokens have multiple purposes within Illuvium, including for participation in the platform’s governance Illuvium DAO and rewarding players for winning in the game.

Illuvium is building a thriving community, and recently it has launched its exclusive merchandise- Tees, Hoodies, and Shoes, all available in Illuvium Store. Members can also get their digital assets printed in real usable goods.

🚀Launch Alert!🚀

Our inaugural Illuvium merchandise, The Essentials Collection, is now live!

Embrace the Illuvium universe with premium Tees, Hoodies, Shorts, and the exciting new D1SKPLATES. Showcase your Illuvium pride!

Visit https://t.co/hpdnbQga4L today!… pic.twitter.com/BAPjK8fBaS

— Illuvium (@illuviumio) June 8, 2023

ILV Price Prediction 2023

• ILV price today is trading at $45.31, with a 24-hour trading volume of $5 million. The APE price has dropped by 2.92% during the last 24 hours with its market cap of standing at $148 million as on June 28, 2023.
• ILV price has also formed a death crossover of 50 and 200 days moving averages.
• If the crypto market sentiment changes to the positive side, ILV price might touch $0.52 soon.
  

Wilder World (WILD)

Wilder World is a realistic-looking 5D metaverse built on Zero Protocol and Ethereum blockchain with Unreal Engine 5. The WILD utility token is the powerhouse behind Wilder World that fuels the excitement and possibilities within its metaverse. With WILD, you can do it all: stake claim with a unique Wilder ID, engage in trading activities, unlock the boundless potential of resources, and participate in governance to shape Wilder World. Each and every asset, be it a person, building, clothing, land, halls and others, all have a unique Wilder ID, which is cryptographically secure.

Wilder World is soon releasing its new upgrade Dev Log 1, which will introduce multiplayer support, enhanced wild avatars, new charging station mechanics and much more.

We’re 3 days out from Dev Log 1 🕹️

Things covered in DL1 will include:

💠 Little Meow updates
💠 v1 Wilder Avatar creator
💠 Improved Racing physics
💠 v1 Car destruction
💠 Wilder Wheels upgrades
💠 A look at the updated Qube
💠 A look at the Hideout
💠 Quest/Charging Station… pic.twitter.com/5g9DPFUI74

— Wilder World (@WilderWorld) June 27, 2023

WILD Price Prediction 2023

• WILD price today is trading at $0.3798 with a 24-hour trading volume of $566,275 million. The WILD price has risen by 2.58% during the last 24 hours with its market cap of standing at $95 million as on June 28, 2023.
• WILD price recently touched a YTD high of $0.6375 and has been falling since then.
• However, the WILD price market sentiment looks bullish, so it might possibly rise above $0.5 in the upcoming months.

Conclusion

The Metaverse economy is thriving, and it has the potential to address various real-life problems, presenting new use cases to socialize, do meetings, interact with others and more. But it still has some time before we can see actual changes and mass adoption of this technology. These top metaverse projects have garnered the attention of various crypto communities and have the potential to reshape the upcoming future. It is advised to Investors to do thorough research and manage risk profiles when investing in cryptos.

How to Invest in Top 10 Metaverse Projects of 2023

You can invest in the Top 10 Metaverse projects easily, safely and securely with the CoinDCX app! First, download the CoinDCX application on your mobile from the app store, then register on the platform by entering the required details. Next, complete the KYC documents and verify your mobile & email. Once your profile has been verified, add funds to your wallet and buy any metaverse coin of your wish, APE, SAND, MANA, AXS, ENJ and others.

FAQs