Over the last few years, cryptocurrencies have taken the world by storm. Bitcoin was the first and is still the most well-known, with many types of cryptocurrency. Metaverse is one of these, and it has a lot to offer investors. This blog will discuss 5 of the best Metaverse crypto coins to invest in for 2022.
There are many different Metaverse crypto projects to invest in, but we have chosen the five best ones for 2022 as follows:
Bitcoin is the first and most well-known metaverse crypto. It was created in 2009 by Satoshi Nakamoto and is still the largest cryptocurrency by market cap. Bitcoin is a peer-to-peer digital currency that can buy goods and services or trade for other currencies like US dollars or euros. Bitcoin is mined by computers running specialized software and hardware, which verifies transactions made on the network every ten minutes.
Ethereum is a decentralized platform for smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. Furthermore, these apps run on top of Ethereum's blockchain technology with no need for an intermediary such as Amazon Web Services (AWS) cloud storage provider service to host them. The best way to find out more about this innovative new project is by reading our guide here!
Litecoin was created in 2011 by Charlie Lee as "the silver to Bitcoin's gold" – it uses similar technology but has much faster transaction times. As a result, Litecoin is an affordable option for smaller transactions, and it has a market cap of $11.27 billion as of January 2019.
Dash was created in 2014 by Evan Duffield and offers instant, private and secure payments. It has a total supply of 18 million coins and a market cap of $760 million. Dash is unique in that it has two different networks: one for regular users and one for businesses. This allows for more privacy and security when making transactions.
Monero is another privacy-focused cryptocurrency created in 2014 by Ricardo Spagni (also known as 'fluffypony'). Monero uses ring signatures to make all transactions untraceable – this means that the sender, recipient, and amount of each transaction are hidden. As of January 2019, Monero has a market cap of $797 million.
These are just five of the many different Metaverse cryptos to invest in for 2022. So do your research to find the ones that are right for you!