Here are the top NFT coins to buy to get your fair share in the booming NFT marketplace.
Many NFT coins have gained considerable value ever since they entered the crypto space. As this popular crypto sub-sector has recorded tremendous growth in the past year, several potential altcoins and NFT cryptos are seeing an increase in adoption rate. Here are the top 5 NFT coins to buy in June 2022 to support the growth and economy of NFT and metaverse projects.
Decentraland (MANA)
MANA is one of the top NFT coins to buy in June, thanks to its 3D immersive experiences.
Decentraland is a virtual real estate platform that offers users the chance to create, experience, and monetize content and applications. The popularity of the metaverse concept has fueled the adoption of Decentraland’s in-game items. Players can buy LAND NFTs and other digital assets in Decentraland using the MANA token. MANA can also be used to pay for avatars, wearables, names, and more.
One of the interesting features of Decentraland is that the land plots in the marketplace are structured as NFTs, which can be traded with other users and even be monetized. This has made Decentraland home to many of the most popular NFT games, making MANA one of the top 5 NFT coins. With all its unique features, Decentraland has become the focal point of the Metaverse ecosystem.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Sandbox (SAND)
The impressive capital inflows from major players have solidified SAND’s position as one of the top 5 coins to buy in June.
Sandbox is an innovative play-to-earn game that integrates both blockchain technology and NFTs in a three-dimensional (3D) metaverse. The major focus of Sandbox is on user-generated content that develops the platform.
The platform allows users to create 3D objects in the Metaverse, such as people, animals, and tools, and sell their in-game assets and NFT works. Sandbox aims to revolutionize the gaming industry, making it an alluring opportunity that provides investors with many options for capital appreciation.
Moreover, interest from the gaming industry experts is necessary for any metaverse project to expand beyond a community of hobbyists. Sandbox has support from corporate giants like Atari, who have purchased land in The Sandbox.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
ApeCoin (APE)
The rising popularity of BAYC would drive the price of APE to new highs.
ApeCoin is an Ethereum-based token linked to the Bored Ape Yacht Club (BAYC) non-fungible tokens. The token was distributed by the ApeCoin DAO, a decentralized autonomous organization with several members having ties to YugaLabs, a company that owns the rights to Bored Apes, Mutant Apes, CryptoPunks, Meebits, and Kennel Club NFT projects.
Although recently launched, APE is seeing increasing adoption and hype from celebrities, positioning it in the list of the top 5 NFT coins to buy in June 2022. For instance, the Otherside launched an initial sale of digital real estate that could only be purchased with ApeCoin. Additionally, there are plans for ApeCoin to be integrated as a form of payment in YugaLabs-based metaverse games.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Axie Infinity (AXS)
Axie Infinity, one of the top NFT coins, has established itself as the future of blockchain gaming.
Axie Infinity Shards or AXS is the token behind the play-to-earn blockchain game Axie Infinity. Each Axie is an NFT that has unique traits and powers, which could be upgraded using experience points gathered from battles. This blockchain-based trading and battling game is represented by Axies, the in-game NFT characters.
The game allows users to purchase non-fungible tokens of Pokémon-like monsters and fight against each other in battles. Moreover, players can also earn a second token called Smooth Love Potion (SLP) and trade this token for money in exchange.
Axie Infinity has marked its name as the top NFT marketplace that builds games that users love to spend time enjoying. Moreover, if Axie Infinity continues to invest in its fans through initiatives like the Builder's Program, its fanbase will likely deepen their loyalty, boosting AXS’s adoption rate. Therefore, if you want to know which NFT coin to buy in June 2022, we would recommend Axie Infinity.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Stepn (GMT)
Although GMT was founded less than a year ago, it has become one of the top NFT coins to buy in June 2022.
STEPN is a unique crypto token that uses the Solana blockchain and introduces the innovative concept of “move-to-earn.” Users can seamlessly make passive income by engaging in regular physical activities using move-to-earn apps.
However, the massive uptrend in GMT price has been due to the hype surrounding DeFi projects that reward users with tokens for staying active and promoting a healthy lifestyle. STEPN also offers NFT sneakers on its in-app marketplace. Users can play STEPN and earn the in-game Green Satoshi Token (GST) by using these NFT sneakers.
According to its creators, STEPN is a Web 3 lifestyle app with social-fi and game-fi elements. The crypto encourages its users to socialize with one another while living a healthier lifestyle by gamifying movement and fitness.
Why do we think STEPN is one of the top NFTs to buy in June 2022? The answer lies in its recent earnings report, which shows that the project has made a profit of $26.81 million from its NFT Marketplace trading and royalty fees in Q1 2022 alone.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
NFTs have significantly boomed in the past year and are seeing remarkable adoption today. To help you choose the best, here are the top 5 NFT coins to buy in June 2022. These cryptos have a crucial role in NFT’s play-to-earn economy and the unfolding metaverse, making them a good investment option.
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What Are The Best NFTs To Buy?