Nowadays, people spend too much time on the internet before social interaction, gaming, etc. Decentraland is a virtual reality platform with many opportunities for individual users, including gamers, investors, traders, developers, etc. Metaverse is a futuristic project as many giant tech companies frequently join in this marketplace.
As a result, crypto tokens like Decentraland (MANA) have a strong possibility of showing ground in Metaverse.
However, when you seek to earn real cash from any Decantraland project, knowing the basics of that project alongside identifying those instruments is mandatory. This article will introduce you to the best five Decentraland (MANA) projects worth watching in 2022.
The best five Decentraland projects to watch in 2022
Decentraland is the Metaverse project leader that contains dozens of places to visit for individual users virtually. Virtual real estate or trading lands in NFT tokens is becoming popular among investors worldwide. Tech giants like Facebook, Samsung, etc., are joining and researching to keep their domination in this sector.
Decentraland or Metaverse become an attractive platform for developers, content creators, gamers, investors, and traders. MANA token rises approx. 4,258% last year, so the corresponding tokens also showed positive responses during that period. Many projects are running, and more are on the way to become stable like Decentraland Metaverse; the best five among them are:
- Decentraland (MANA)
- Gala Games (GALA)
- Enjin Coin (ENJ)
- Sandbox (SAND)
- Axie Infinity (AXS)
Decentraland (MANA)
Fully diluted market cap: $7,158,021,389
Live market cap: $6,055,711,840
Decentraland is a VR platform powered by the Ethereum blockchain, and it enables individual users to monetize, create and experience applications and content. Esteban Ordano and Ariel Meilich are the co-founders of this platform, and the launching period of Decentraland is 2017 following worth $24 million ICO. The native token of this platform, MANA, is an ERC-20 token floating near $3.28 today with a 24-H trading volume of $1,146,416,133. This token is currently available on many major crypto exchange platforms, including Binance, CoinTiger, Mandala Exchange, and FTX.
Other information is mentioned below:
- Circulating supply: 1.83B MANA
- Total supply: 2,193,838,927 MANA
- Max supply: not available
- Volume / market cap: 0.1895
Does MANA have the potential to grow?
MANA made an all-time high near $6.09 in Nov 2021. Since then, it has been declining, finds support near $1.71 in Jan 2022, and starts bouncing back on the upside. Many crypto experts anticipate the price might hit above $4.00-$5.00 by Dec 2022.
Gala Games (GALA)
Fully diluted market cap: $11,428,142,171
Live market cap: $2,260,317,444
Gala Games is a gaming platform that aims to take the gaming industry in a different direction as it gives players control over their games. The mission of this project is to make “blockchain games you’ll actually want to play.” Players can own NFT tokens and influence the game governance within the ecosystem of this platform.
The launching period of the Gala Games is 2019. The native token of this platform, GALA, is floating near $0.32 today with a 24-H trading volume of $1,351,554,025. This token is currently available on many major exchanges, including Binance, Bitget, OKX, and FTX.
Other information is mentioned below:
- Circulating supply: 6.98B GALA
- Total supply: 35,240,112,493 GALA
- Max supply: not available
- Volume / market cap: 0.5942
Does GALA have the potential to grow?
GALA made the highest peak near $0.86 in Nov 2021. Since then, it has been declining and recently found support near $0.15 to bounce back on the upside. Many crypto analysts predict the price of GALA might hit near $0.54 by Dec 2022.
Enjin Coin (ENJ)
Fully diluted market cap: $1,932,716,390
Live market cap: $1,651,885,365
Enjin is a company and ecosystem that provides blockchain-based, related gaming products. Enjin coin is a company project that allows developers to tokenize in-game items on the Ethereum blockchain network. The announcement period of this project is in Jul 2017, and the launching period on the Ethereum mainnet is Jun 2018. The native token of this platform, ENJ, is floating near $1.95 today with a 24-H trading volume of $208,959,503. This token is currently available on many major exchanges, including Binance, CoinTiger, OKX, and FTX.
Other information is mentioned below:
- Circulating supply: 854,696,205.57 ENJ
- Total supply: 1,000,000,000 ENJ
- Max supply: 1,000,000,000 ENJ
- Volume / market cap: 0.1258
Does ENJ have the potential to grow?
ENJ coin made the highest peak near $4.99 in Nov 2021. After a few months of declining, it finds support to spike upwards near $1.32 in Jan 2022. Many crypto analytics expect this coin to hit near $4.00 by Dec 2022.
Sandbox (SAND)
Fully diluted market cap: $12,372,751,003
Live market cap: $4,474,460,696
The Sandbox is a blockchain-based virtual world that allows individual users to trade, build, and create in-game digital assets. The native token of this platform, SAND, is floating near $4.09 today with a 24-H trading volume of $1,046,357,255. This token is currently available on many major exchanges, including Binance, FTX, Mandala Exchange, CoinTiger, and OKX.
Other information is mentioned below:
- Circulating supply: 1.09B SAND
- Total supply: 3,000,000,000 SAND
- Max supply: 3,000,000,000 SAND
- Volume / market cap: 0.2332
Does SAND have the potential to grow?
SAND rose nearly 1151% in Nov 2021. After declining from that peak, it finds support near $2.57 in Jan 2022. Many crypto analysts expect to trade this crypto near $12 by Dec 2022.
Axie Infinity (AXS)
Fully diluted market cap: $16,638,152,935
Live market cap: $3,753,290,000
Axie Infinity is a blockchain-based battling game and trading platform that partially enables players to own and operate. The creation period of this platform is 2018. The native token of this platform, AXS, is floating near $62.26 today with a 24-H trading volume of $438,684,751. This token is currently available on many major exchanges, including Binance, BitCoke, OKX, and FTX.
Other information is mentioned below:
- Circulating supply: 60,907,500.00 AXS
- Total supply: 270,000,000 AXS
- Max supply: 270,000,000 AXS
- Volume / market cap: 0.1176
Does AXS have the potential to grow?
AXS showed an incredible spike in the second half of 2021; the growth rate was approx. 3100%. Many crypto experts predict this coin’s price might hit near $300 by Dec 2022.
Pros and cons
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Final thought
Decentraland is among the top hundred cryptocurrencies of the crypto industry. This platform aims to recreate a free-market economy using blockchain technology based on virtual space. The above projects are the top projects with the potential to a dramatic rise in 2022.
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