With the cryptocurrency markets showing bullish momentum this weekend, Metaverse crypto coins are seeing even higher price movements as many see double-digit price increases. This makes it a perfect time to accumulate some undervalued Metaverse coins that have great long-term potential. This article looks at our pick of the top five Metaverse crypto coins below the $200 million market cap to watch in March 2022 and beyond.
Note: The list below is ordered by market capitalization, lowest to highest.
Aavegotchi (GHST) – $119 million
Initially launched in February 2021, Aavegotchi (GHST) is one of the longer-running Metaverse projects on the market. Its gameplay involves users collecting pixelated ghosts called Aavegotchis and earning rewards by playing the game, upgrading their ghosts, and developing a kinship score with their virtual pets.
Aavegotchi is an Ethereum-based game, meaning that each ghost is an NFT. Players thus have full ownership of their Aavegotchis, which means nobody can take them away from you.
To start playing, users must purchase an Aavegotchi on Gotchi Bazaar. Users can connect to the dApp via a browser wallet like MetaMask and browse the various Aavegotchis available. At writing, the lowest price for an Aavegotchi was 470 GHST tokens, roughly $921 at the time of writing.
The initial investment seems quite substantial, but keep in mind that you can always sell the Aavegotchi back to the market. In addition, if you develop a higher kinship score with the Aavegotchi and increase its rarity, you might even make a profit!
The primary utility asset on the platform is GHST, an ERC-20 token living on the Ethereum blockchain. GHST’s primary utility is to buy Aavegotchis in the marketplace. In addition, GHST holders can participate in Aavegotchi’s DAO.
You can purchase GHST on KuCoin, Binance, Kraken, Gate.io, and more.
Bloktopia (BLOK) – $137 million