2 Metaverse Cryptos to Buy Before 2023 Begins
After showing so much promise in 2021, metaverse cryptos crashed back to earth in 2022. Popular metaverse cryptos Decentraland and The Sandbox are both down 90% for the year, and many investors have abandoned the metaverse entirely in favor of less risky crypto assets.
But if you are looking for metaverse cryptos that could capitalize on the next bull market run, there are two names that stand out: ApeCoin (CRYPTO: APE) and Illuvium (CRYPTO: ILV). Both appear to be building for the long run, and both have passionate fan communities willing to wait out the crypto winter. Here's a closer look at both.
When most people think about ApeCoin, they immediately dismiss it as a pure play on the non-fungible token (NFT) market. After all, ApeCoin is the governing token of the Bored Ape Yacht Club ecosystem, and the Bored Ape Yacht Club is arguably the most successful NFT collection ever. Even with the NFT market crash in 2022, the price of a "floor" Ape -- the cheapest Bored Ape available to buy in the secondary market -- is still nearly $100,000.
Source Fool.com
