The market is in decline these days and this is a great opportunity to jump in some potential projects and earn some sweet profits. However, traders are still confused about the most potential altcoin in the market. Crypto analyst Tom of Youtube channel CryptoBusy shares the top 3 metaverse coin projects with huge potential that traders should not miss. We have prepared the analyst’s posts for our readers.
The first metaverse coin project on the list Moonbeam (GLMR)
Moonbeam is an Ethereum-compatible smart contract para-chain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redistribute Solidity projects in a Substrate-based environment.
The analyst states that developers are constantly advancing. It’s a layer one solution, so they’re trying to solve it from scratch. They are trying to be included in the mainnet and are compatible with Ethereum. The analyst said, “There are also very good things about it. This is a great project. That’s why Moonbeam is at the top of the list.”
Harmony (ONE) is at the second place on the list
Harmony, which we also mentioned in the news of Kriptokoin.com, is a Blockchain platform designed to facilitate the creation and use of DApps. The network aims to innovate in decentralized applications by focusing on random state sharing, which allows blocks to be created in seconds.
According to the analyst, Harmony has great upside potential for this year with their development. The analyst said, “What they are trying to do is, when you see red in the markets, there is fear in the markets, which is a very good signal. This is something to know.”
Recent metaverse coin project Enjin Coin (ENJ)
Enjin Coin is a project by Enjin, a company that provides an ecosystem of interconnected, Blockchain-based gaming products. Enjin’s flagship offering is Enjin Network, a social gaming platform where users can create websites and clans, chat, and host virtual goods stores.
Enjin allows game developers to tokenize in-game items on the Ethereum Blockchain. Enjin Coin, an ERC-20 token, is used to support digital assets issued using the platform. This means that items can be bought, sold, and traded for real-world value. This is another cryptocurrency in the metaverse, and according to the analyst, it’s a big industry.