This week, the Metaverse cryptocurrencies continue to trade sideways on Bitcoin and Ethereum support. Yesterday was quite an upbeat day for many Metaverse cryptocurrencies, with many seeing double-digit percentage price increases. This article looks at the top three Metaverse cryptocurrencies that rose in price yesterday, January 14, 2022, compiled by nulltx in ascending 24-hour order, lowest to highest.
Metaverse Cryptocurrency Hits Top Price: DeFi Degen Land (DDL) +17.37%
Launched in November 2021, DeFi Degen Land is a Metaverse play-for-money cryptocurrency that aims to allow users to generate new revenue that would not be possible without the platform.
Degen Land Metaverse will feature various mini-games, each with a weekly restart leaderboard. There are ten positions in the leaderboard, each with a weekly reward ranging from $50 to $500.
A popular game on DDL now is the Red Light Green Light game, similar to what we saw in the Korean Netflix TV series Squid Game.
DDL is a multi-chain platform that currently supports both CRO and BSC networks. DDL is the native BEP-20 token on the DeFi Degen Land platform, used as the main currency on their platform.
With a market cap of $4.1 million, DeFi Degen Land is an underrated Metaverse project as it has an MVP (minimum viable product) for users to experiment with. Also, the 24-hour trading volume of $848,000 signals that the market is excited about this project.
In recent news, DeFi Degen Land hinted at a possible VR experience coming in Q2 2022, which could be the reason DDL’s price has skyrocketed today.
The price of DDL is up more than 15% yesterday to trade at $0.00002749. DDL hit an all-time high in December 2021, peaking at $0.00005805. The recent surge in volume and price coupled with the teaser tweet makes DeFi Degen Land an underrated project with excellent long-term prospects.
You can buy DDL on PancakeSwap and CoinTiger. Surprisingly, most of the trading volume for DDL comes from CoinTiger, not PancakeSwap. That may be because CoinTiger is much easier to use for newer crypto investors who don’t want to set up a MetaMask wallet and don’t want to trade with decentralized exchanges.
Top-Priced Metaverse Cryptocurrency: Sensorium (SENSO) +28.85%
Founded in 2018 by billionaire Mikhail Prokhorov, Sensorium aims to combine virtual reality, blockchain technology and artificial intelligence. Sensorium is building Metaverse with the intention of becoming the future of social platforms, offering users rich experiences to engage and engage.
Sensorium focuses on a sense of presence for VR experiences, making users and artists feel closer than ever to the people they love and the things they love. Sensorium has received awards from famous artists such as David Guetta, Armin van Buuren, Steve Aoki, etc.
The SENSO token is the currency in the Sensorium Metaverse platform. It enables people to interact and is the primary transaction token for the experiences and environments in the Sensorium platform.
Some of the utilities for SENSO include upgrading your avatar, adding special visual effects, accessing unique activities, buying virtual concert tickets, etc.
Sensorium Galaxy is currently only available as an invite-only beta. Users can create and register an account on the official website to receive an invitation to view Sensorium’s Metaverse.
SENSO is trading at $1.45, up more than 30% in the last 24 hours. Its market cap is $17 million, with a fully diluted market cap of over $5 billion.
One reason for today’s price increase is most likely Meta’s tweet response to Sensorium’s preview of their space observatory. Finally, Meta’s support for Sensorium is a surefire way to boost investor confidence in the project.
SENSO is an undervalued project with a market cap of just $17 million. Furthermore, the fact that less than 1% of SENSO’s total supply is currently in circulation means that the tokens are extremely scarce and could easily see a significant price increase this year.
You can buy SENSO on KuCoin, Poloniex, Bittrex, etc.
Metaverse Cryptocurrency Hits Highest Price: Onooks (OOKS) +90.28%
Launched in November 2020, Onooks is currently the most powerful product with a price increase of over 90%. According to their official website:
“Onooks advocates an interoperable currency protocol matrix that serves as a unified liquidity pool and skeletal infrastructure for DeFi and open finance applications.”
In simpler terms, this Metaverse cryptocurrency seeks to integrate real estate with blockchain technology. This allows for the tokenization of traditional investment-specific assets.
In addition, Onooks aims to automate the process of buying and selling real estate, significantly reducing the costs and fees associated with real estate transactions.
OOKS is the native token on the platform used for all transactions on Onooks. At the time of writing, OOKS is trading at $0.9973, up over 90% in the last 24 hours.
While you can buy OOKS on Uniswap, most of the trading volume comes from Txbit, a Netherlands-based altcoin exchange launched in 2019. With a market cap of $10 million, OOKS is an undervalued project, but I would proceed with caution as I can’t find the whitepaper or the MVP on their website.
Additionally, much of the project’s focus on Twitter relates to the pricing chart rather than the development of a product, which is quite concerning when it comes to OOKS’ long-term sentiment.
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