The cryptocurrency market has registered important positive factors because the starting of 2023. Metaverse cash have joined the development, with many displaying recognizable volatility, offering for elevated buying and selling and an inflow of capital.
An aggregation by CoinmarketCap ranks the metaverse tokens by market capitalization, summarizing the worth of the initiatives and reflecting the momentum that might assist future development. Primarily based on their market caps, the highest 5 metaverse tokens on CoinmarketCap embody ApeCoin APE, Web Laptop ICP, Stacks STX, Decentraland MANA, and Theta Community THETA.
ApeCoin is an ERC-20 token primarily based on the Ethereum blockchain. It’s a utility token used to empower and reward members of the APE group taking part in constructing Web3 merchandise throughout the APE Ecosystem. In keeping with CoinmarketCap, ApeCoin has a market capitalization of $1.51 billion, making it essentially the most capitalized metaverse token on the time of writing. It ranked within the fortieth place amongst cryptocurrencies and traded for $4.09 as of press time.
Learn Additionally : Apecoin (APE) Worth Prediction 2023-2030
Web Laptop (ICP)
With a market capitalization of $1.50 billion, Web Laptop’s ICP is the Forty first-ranked token amongst all cryptocurrencies, making it the second-highest performing metaverse token on CoinMarketCap. It’s the token behind the revolutionary “World Laptop” blockchain challenge for constructing numerous on-line programs or providers while not having conventional IT. ICP traded for $5.03 as of the time of writing.
Learn Additionally : Web Laptop (ICP) Worth Prediction 2022-2030
Stacks’ native token, STX, is the Forty second-ranked cryptocurrency on CoinMarketCap, and the third-largest metaverse token by market capitalization. The market capitalization of STX is $1.31 billion, and its token worth as of the time of writing was $0.96 per CoinMarketCap. Stacks is a layer 2 protocol on the Bitcoin blockchain that permits good contracts improvement and permits decentralized functions to make use of BTC in transaction settlement.
Learn Additionally : Stacks (STX) Worth Prediction 2023-2030
A market capitalization of $1.09 billion classifies MANA because the forty ninth cryptocurrency, in accordance with CoinmarketCap’s rating. It’s the fourth most capitalized metaverse token and traded at $0.59 on the time of writing. Decentraland is a digital actuality (VR) platform powered by the Ethereum blockchain. It permits content material creation by customers who may also monetize such content material and functions.
Learn Additionally : Decentraland (MANA) Worth Prediction 2022-2030
Theta Community (THETA)
Theta Community’s THETA token is the fifth largest metaverse coin and the 51st cryptocurrency by total rating on CoinmarketCap. THETA’s market capitalization on the time of writing was $1.02 billion and is traded at $1.02. THETA Community is a video streaming blockchain challenge the place customers share bandwidth and computing assets on a peer-to-peer foundation.
Learn Additionally : Theta Community (THETA) Worth Prediction 2023-2030
Read the full article here
Discussion about this post