Of course, land is now becoming a hot item, and plots closer to various hubs and plazas can sell for millions of dollars worth of MANA. For example, auction house Sotheby’s has a gallery in the Decentraland metaverse. The attention Decentraland drew from the price jump saw some reputable companies moving their headquarters to the digital space. The token is now the 33rd largest cryptocurrency in the world. Since October, it has added $4.5 billion in capitalization, bringing its total to nearly $6 billion. Since then, the project’s market capitalization has grown significantly. The MANA token is one of the fastest-growing metaverse cryptos, blossoming from 75 cents in early October to a high of about $5.50 in November. They can also hop into immersive game experiences and go to real concerts and parties from the comforts of their computer desk. Users can stroll the streets of the town, go shopping in a mall-like shopping district, or hang out in an NFT art gallery. Users have had a long while to become acquainted with the quirky digital space - a blockier version of a world not unlike the real one. As the poster child for a booming industry, it makes sense as a metaverse investment to catch the real estate trend.ĭecentraland has also had some time to grow, launching the MANA token back in 2017. The project holds more market capitalization than any other metaverse project out right now, and it keep stacking up firsts for the digital space. If you are already familiar with the metaverse, it’s likely that you’re aware of Decentraland. Seeing the money flowing into this industry, and the greater support for the metaverse as a whole from companies like Meta Platforms (NASDAQ: FB), it’s safe to assume the metaverse, and therefore digital real estate, will remain a savvy investment for the future.īut where do you begin? Well, here are some of the best metaverse cryptos to buy if you are looking into buying digital property: Digital plots of land are selling for prices similar to real ones. These digital spaces are growing so quickly in popularity, too, that they have spawned real estate firms solely devoted to pixel property. Indeed, the metaverse space is lush with digital property ripe for the taking. Well, one popular niche within the class of metaverse assets are those tied to virtual real estate. What are the currencies you should be purchasing when considering a metaverse investment? After all, there are so many ways to invest in the space. With this said, though, investors may be running into trouble when seeking out metaverse cryptos to buy. Still, they will come around the phenomenon seems to be more than a passing fad. The latter group is likely the larger one - hesitant to adopt this new way of interacting which seems foreign, complicated or both. The trend of virtual socialization rose meteorically over the last several months, leaving some astonished by the idea and others still scratching their heads. If you were watching crypto at the end of 2021, you know that the metaverse is set to be huge in 2022.
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