After a successful year in 2021, 2022 is giving everyone another opportunity to choose the best metaverse coins to invest in because this will be another Metaverse boom year. Hundreds of Metaverse currencies exist, each at a distinct state of development. You’ve come to the right place if you’re seeking for any undervalued Metaverse coins with a low market cap. This article examines our top five hand-picked undervalued Metaverse currencies having a market cap of less than $10 million, ranked from lowest to highest in terms of overall valuation as seen on Coingecko.
1. PolkaWar (PWAR) – $4.7 million
PolkaWar is a 3D blockchain-based NFT fighting game platform that debuted in July 2021. PWAR, the company’s token, is a BEP-20 token that lives on the Binance Smart Chain. PolkaWar allows users to create characters out of NFTs and compete against one another for rewards.
PolkaWar will also feature an NFT marketplace where users can exchange things, guns, and equipment for PWAR tokens. Some NFT products can also be exchanged for real-world equivalents.
PolkaWar’s featured items include their unique character system, which includes Warriors, Magicians, and Archers, among other attributes and classes. Each class has a distinct role to perform and has its own set of attacks and weaponry.
PWAR is currently trading at $0.2562, with $1.1 million in 24-hour trading volume. With a circulating supply of 18.5 million tokens, it has a market cap of $4.7 million.
PWAR is available on PancakeSwap, Gate.io, MEXC, Bibox, and ZT, among other platforms.
2. Spheroid Universe (SPH) – $5.2 million
Spheroid Universe is a Metaverse for developing Artificial Reality applications in an extended reality setting. The Spheroid XR Cloud and the Spheroid Script programming language for Metaverse projects are included.
The Spheroid Universe is made up of virtual locations, each of which accrues value in the same way as a social network account does. Unlike typical social media accounts, however, because the site leverages DeFi and blockchain technology, the virtual spaces belong to the individual.
Users can buy virtual spaces on the Spheroid Universe marketplace and farm liquidity on Uniswap with SPH, the native ERC-20 token.
SPH is currently trading at $0.0777, with a $62k 24-hour trading volume. With a circulating supply of 67.8 million tokens, it has a market cap of $5.2 million.
SPH is available on Uniswap and LATOKEN.
3. Legend of Fantasy War (LFW) – $5.3 million
Legend of Fantasy War is a 3D play-to-earn blockchain-based game set to launch on January 4th on the Binance Smart Chain. NFT characters will be featured in the game, in which players can gather into armies and fight in PVP fights.
In the single-player, skirmish, and multiplayer modes, the game concentrates upon forming teams of heroes and using their attributes and wit to destroy foes. Furthermore, the future LFW marketplace will allow players to sell, buy, and lend each other critical equipment and NFT characters.
A dApp for Legend of Fantasy War is currently available for users to stake LFW. While the Gem Shop and Marketplace are still under production, LFW is a highly undervalued project that may likely double in value once the game is out, based on the quality of the dApp and the over $700k in total value locked.
LFW is currently trading at $0.7416, with $529k in 24-hour trading volume. With a circulating supply of 7.2 million tokens, it has a market cap of $5.3 million.
PancakeSwap, Gate.io, Bybit, Hoo, BitMart, and ZT are all places where you can get LFW.
4. Revolve Games (RPG) – $6.5 million
Revolve Games is a blockchain gaming platform that allows players to earn rewards by playing interactive RPG staking attached NFT assets. The native BEP-20 token RPG is utilized as the platform’s primary currency.
For their game, the platform has a unique integrated reward staking concept that encourages players to participate and level up their NFT. In exchange for higher staking multipliers, users are encouraged to give liquidity to the platform.
Users can explore the world via NFT spaceships in the Revolve Metaverse’s inter-planetary sandbox. Users can also buy and rent land in the Metaverse, similar to how it works in Decentraland and The Sandbox.
Additionally, users can create games using the Revolve SDK, which allows whitelisted third-party developers to produce game builder assets packs that will be available to platform users.
At the very least, it’s evident that Revolve Games wants to compete with Decentraland and The Sandbox. As a result, RPG is a very undervalued token, having a market cap of only $6.3 million.
RPG is currently trading at $0.46, up 30% in the last 24 hours. It has a market capitalization of $6.5 million and a 24-hour trading volume of $491,000. RPG has a total supply of 14.2 million tokens in circulation.
RPG is available for purchase on PancakeSwap and ApeSwap (BSC)
5. Fear (FEAR) – $8.7 million.
Fear advertises itself as the foremost blockchain entertainment platform for the horror business, having launched in May 2021. It currently has a 2D action/puzzle game and a 3D horror adventure game that people may try out right now. A number of more games are now in development and will be released later this year.
The FEAR and BLOOD tokens are used in the Fear ecosystem’s dual-token economy. FEAR is the platform’s native coin, which holders can currently stake on Polygon for a 28 percent annual percentage yield. Blood is an in-game token with an elastic supply that was intended to power the FEAR ecosystem of play-to-earn horror games.
Blood will be a chain-agnostic token that will make use of Muon’s cross-chain technology, which will include Polygon, BSC, and a third chain that will be released later.
If you enjoy horror games, I strongly advise you to try out the two Fear demos that are now available.
FEAR is currently trading at $1.34 with a 24-hour volume of $450k as of this writing. It has an $8.7 million market cap and a circulating quantity of 6.5 million tokens.
FEAR is available on KuCoin, Uniswap, PancakeSwap, QuickSwap, and other exchanges.