Today, cryptocurrency markets continue to trade sideways as Bitcoin and Ethereum struggle to hold support. The intermittent bearish trend makes for a great time to pick up some undervalued Metaverse coins. This list goes over five underrated crypto Metaverse coins with a market cap under $50 million, ordered by overall valuation, lowest to highest.
5. RFOX Finance (VFOX) – $26 million
Launched in May 2021, RFOX Finance is a Metaverse ecosystem featuring a dual-token economy consisting of RFOX and VFOX. RFOX is the digital asset that fuels the RFOX metaverse. VFOX is a governance token, also receiving a percentage of the transactional volumes generated within the virtual space.
RFOX Finance includes a few significant products. The first one is RedFOX VALT – an interactive and fully immersive gamified shopping experience. In addition, the team is developing RFOXGAMES, which is an ecosystem of interoperable tournament-based video games on the RedFOX platform.
While the RFOX token has quite a large market cap of over $153 million, VFOX has a much smaller valuation of $26 million.
At the time of writing, VFOX is trading at $1.24 with a 24-hour trading volume of $100k. Its market cap is $26 million, with a circulating supply of 20.9 million VFOX tokens.
You can purchase VFOX on PancakeSwap.
4. PolkaCity (POLC) -$37.2 million
Launched in February 2021, PolkaCity describes itself as “The World’s First 3D & AR NFT Multichain Platform and Video Game.” It features a multichain Ethereum & Binance platform that anyone can access via a browser wallet like MetaMask.
PolkaCity also offers a cross-chain bridge allowing users to transfer their POLC from Ethereum to the Binance Smart Chain. Keep in mind there’s a minimum of 50 POLC and a maximum of 25,000 POLC transaction limit with a 1% POLC fee.
Moreover, PolkaCity offers a cross-chain NFT marketplace featuring listings on Ethereum and BSC. Currently, there are dozens of items listed on the market, including various vehicles, businesses, and more.
At writing, POLC is trading at $0.8 with a 24-hour trading volume of $13 million. Its market cap is $36 million, with a circulating supply of 45 million tokens.
You can purchase Polkacity on KuCoin, Uniswap, PancakeSwap, Bittrex, Gate.io, and more.
3. Torum (XTM) – $37.5 million
Launched in July 2020, Torum is a DeFi and NFT platform on the Binance Smart Chain. It describes itself as a revolutionary SocialFi Metaverse ecosystem designed to connect cryptocurrency users worldwide. Think of Torum as a comprehensive and scalable crypto social media platform that features an immersive Metaverse.
Torum is a highly undervalued project because it already has fully functional dApps that users can check out, such as their NFT marketplace, social platform, avatar NFT platform, and DeFi liquidity farming dashboard.
XTM is currently trading at $0.879, up 18.70% in the past 24 hours. Torum has a relatively small market cap of $42 million, with a 24-hour trading volume of $11 million.
You can purchase Torum on KuCoin, Uniswap, PancakeSwap, and more.
2. vEmpire DDAO (VEMP) – $41 million
Launched in September 2021, vEmpire DDAO aims to bring Metaverse and gaming tokens under one roof. It features an NFT based trading card game and a truly decentralized DAO.
vEmpire DDAO is the world’s largest decentralized Metaverse investment organization. It incorporates various strategies to incentivize token staking to fund the battle against centralization.
vEmpire also features an NFT collection on OpenSea, where users can purchase digital trading cards to use in their game. Check out this awesome demonstration video from Empire:
At the time of writing, vEmpire is trading at $0.30, with a 24-hour trading volume of $7 million. Its market cap is $52 million, with a circulating supply of 173 million VEMP.
You can purchase VEMP on Uniswap, Gate.io, Bittrex, PancakeSwap, ShibaSwap, and more.
1. Treasure.lol (MAGIC) – $44 million
Launched in September 2021, Treasure describes itself as the Metaverse bridge world governed by the Treasure DAO. The Treasure platform looks to bridge the growing network of Metaverses through an open approach to governance, NFTs, DeFi, and Gaming.
The MAGIC token is the native cryptocurrency in the Treasure ecosystem, which they call “The Bridgeworld.” Treasures are NFTs which are resources in the Metaverse that enable players to craft consumables or burn them for special effects.
Last but not least, Legions are also NFTs that are physical entities of The Bridgeworld. Players can take control of Legions and mine, farm, quest, battle, and more.
Check out this trailer for the TreasureDAO:
At writing, MAGIC is trading at $1.57 with a 24-hour trading volume of $4.8 million. Its market cap is $43 million, with a circulating supply of 28 million tokens.
You can purchase MAGIC on Sushiswap (Arbitrum).
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.
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Image Source: Polkacity
The post Top 5 Crypto Metaverse Coins With a Market Cap of Under $50 Million appeared first on The Merkle News.
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