Cryptocurrencies surged in 2021, becoming some of the best-performing investments of the year. This year, however, the story is a little different: Bitcoin (BTC), the most widely held crypto, is down around 4%, while runner-up Ether (ETH) is down nearly 3% over the past week.
Investors are looking for new opportunities while waiting for the biggest cryptos to recover. Some analysts believe that metaverse tokens, which are used in virtual worlds to buy things like land or in-game items like avatar accessories, will be among the top contenders for 2022.
MANA is a metaverse token that is used within the Decentraland (MANA) metaverse platform, and SAND is The Sandbox (SAND) metaverse’s land coin. Both cryptos can be used to purchase land and in-game items in their respective metaverse platforms. After Facebook refocused its business on creating a metaverse (even rebranding as Meta) and a flood of new financing poured into the rival metaverse platforms in November, both of them experienced a surge in value.
According to data by CoinMarketCap, an investor who purchased MANA in 2017 would have received a nearly 12,000% return today. It increased nearly 4,000% in 1 year, from about 8 cents to $3.27. Meanwhile, an investor who purchased SAND at its inception would have profited nearly 45,600% today. Last year, the price of SAND increased by 9,400%.
Both metaverse tokens and the broader crypto market have lost value since the start of the year. MANA has lost about 7% of its value since the beginning of the year, while SAND has lost more than 36% of its value since early January. As the metaverse evolves, thanks to funding from corporations such as Meta, Microsoft and Roblox, new metaverse tokens have been emerging with state-of-the-art technology to aid its development. Two of these novices include Secretworld Network (SSD) and FIREPIN Token (FRPN), whose early investors believe are changing the game. Should you start paying attention to these two newcomers before they take off?
Secretworld Network (SSD)
Secretworld Network (SSD) is a virtual universe supported by Binance Smart Chain (BNB) where members can play, earn, and own digital content in the Secret Society universe. The Secret Society metaverse in the Secretworld Network (SSD) serves as a bridge between the physical and virtual worlds. Cryptographic protocols for managing digital value are expected to be released onto the platform, while NFTs on the Binance Smart Chain (BNB) facilitate all assets in this Secret Society metaverse, allowing for affordable and seamless transactions.
For Secretworld Network (SSD) players, the metaverse offers an exciting gaming component. Due to its unique game strategy and gaming mode, as well as exciting visuals on the network and in the game, the game has been gaining traction. Meanwhile, due to its properties of scalability and exposure, the blockchain naturally draws in avid gamers.
FIREPIN Token (FRPN)
FIREPIN Token (FRPN) is currently in its presale, giving early investors the chance to gain huge returns if the metaverse token flourishes. FIREPIN Token (FRPN) has been gaining momentum in the crypto world because of the pace at which its price has been rising, which is illustrated by the graph below. Considering that FIREPIN Token (FRPN) has already grown from 0.00006 to 0.00013, it presently has a price prediction of around 0.0008 upon launch. But why is there so much buzz around it? What is FIREPIN Token (FRPN) going to have – multi-chain integration? Driven fully by its community? A metaverse DAO to boost the development of virtual worlds?
Well, the answer is yes to all of those.
FIREPIN Token (FRPN) plans to invest directly into teams and corporations that have a long-term vision for metaverse games and P2E by using treasury funds allocated by users. Consequently, FIREPIN Token (FRPN) provides many incentives for its holders – as each transaction is charged a 6% fee, 2% is airdropped to the community, giving users a solid stream of passive income.
Furthermore, FRPN is transferable across 5 different networks – Ethereum (ETH), Binance Smart Chain (BNB), Polygon (MATIC), Avalanche (AVAX) and Solana (SOL). Typically, it’s expensive and tricky to make transfers across different blockchains, but FIREPIN Token (FRPN) enables users to make these transfers with ease and at a fraction of the usual price.
Find out more about FIREPIN Token (FRPN) at:
Join Presale: https://presale.firepin.io/login
Website: https://firepin.io/
Twitter: https://twitter.com/FIREPIN_io
Telegram: https://t.me/FIREPINOFFICIAL
