n this post we’re going over three coins.
I’ll be explaining to you why I am bullish on each of these three metaverse coins,
Now some of these coins have already gone up thousands of percent over the last couple of years.
But a lot of them in the last 90 days have been dropping a ton which could mean that this is a really great buying opportunity.
why I think they have upside potential and then also cover a little bit of the bear case as well so that you guys can get both sides of each coin.
so quickly before we get into these three coins,I want to give a little bit of background to catch those of you guys who are new to the metaverse up to speed with all the rest of us.
so that you can understand all the words and stuff that I’m using.
The first term that you guys need to understand is Blockchain.
Now Blockchain very simply just is the public ledger that we see who owns stuff on, you can think of it like a google doc that literally anyone in the entire world can look at.
But in order for anything to change on this google doc or on the Blockchain validators need to confirm that it’s a legitimate transaction and then ownership actually transfers and
anything that you own can be seen by anyone else on this public ledger, any time that you sell or buy anything,it can also be seen on this public ledger.
So essentially the Blockchain just enables real verifiable ownership on the internet for the first time, And it’s really cool.
The second term that you need to understand is Cryptocurrency and Kryptos are what we’re talking about in this post but essentially it just means the money or the currency
that is in whatever game world that you’re participating in.
So for Miranda’s for example material which we’re gonna be talking about in this post is Cryptocurrency and essentially that just means it is the currency of the game
but it’s a real currency that can be exchanged for U.S.Dollar and you can pay your rent with it which is super awesome.
And cryptocurrencies run on the Blockchain and their ownership is verified through the Blockchain.
The third and final term that we need to understand which is also something built on the Blockchain is NFT.
Now an NFT just stands for a non-fungible token which sounds really confusing.
All you guys need to know for the purpose of this post is that when I say NFT
I just mean anything a thing in the metaverse that you actually own and yeah I can represent anything from a sword in a game to a character
to even like a house in real life could be an NFT
So NFT is just a thing in the metaverse.
So the hair you guys go you’re all caught up with everything that you need to know.
Now let’s get into these three coins so I’m not going to be talking about these three coins in any particular order.
Sandbox
so let’s just jump in at number one with the sandbox, And sand is the currency that exists inside the sandbox metaverse.
Now for those of you guys who do not know what the sandbox is,
the sandbox is a metaverse very similar to roadblocks or Minecraft where players can come in and build their own gaming experiences if they own the land and because the sandbox has a limited total supply of land, there has been a big land rush for land in the sandbox as well.
But I think that the coin and that sand itself has a lot of upside potential as well.
Now if we look at this 90-day chart, you can see that sand just three months ago was only 77 cents and now even after a big pullback, it is all the way up at $3.40.
But yeah, we can see in the high, it actually peaked at over $8 so it’s almost down 50% from its peak. And because the sandbox and the metaverse as a whole is just gonna continue to get more and more buzz this year and next year, I think that we’re gonna see a lot of price appreciation in the sand as well.
Now sand is already worth $4.3 billion, that is the market cap, but compared to something like ethereum, it’s really not much at all yet and I think the sandbox is actually a very cool game with a ton of potential and I think that this will be a big metaverse with a very big economy going forward and it’s definitely a coin that you might want to have in your back now
before we jump to number two, I should note here that I am not a financial advisor and none of this is financial advice.
I’m just sharing my own research and opinions based on what I’ve been looking into, trying to find good coins to buy myself.
But yeah, these are just my opinions, do your own research and definitely most of these coins you can find a lot more about the games that the coins are connected to on this channel launching gaming.
Town star
The next coin that we’re going to talk about on this list is Town star coin. Town star coin is a coin for the game.
Town Star by gala games and Town star has actually been picking up in popularity quite a bit recently because they added the daily quest which allows you to earn
town daily And if we look at the price of town coin you can see that it spiked way over $2 and now it’s all the way down to about 17 cents. Now that’s pretty good.
And yeah you can see the town coin I mean compared to over $2 is down quite a lot and I think that this game’s popularity is just going to continue to increase.
So the question is really just about the town coin is there enough incentive for people who are earning this coin to want to keep it or reinvest it into new NFTs rather than just sell it on the marketplace now.
remember more and more town is getting introduced every day as people play the quest and yeah we can see town coin Run up to 10 bucks,
You can see it dropped to 30 cents who knows But I am very bullish in general on Gala Games.
I know they’re going to continue to support this game.
this game’s popularity is going to continue to increase and they move really quickly.
So I have a good feeling about town coin and I personally have been earning a lot playing Town star every day and I am personally holding my town coin, I’m earning it and holding it,
I’m not selling it because I think that yeah it still has a lot of upsides, especially it has a lot of upside at only $4.5 million total market cap.
So very interesting coins that you guys should definitely keep an eye on.
Star atlas Dao
So now let’s move from number two to number three.
So coming in at number three is the star atlas dao. And the one really interesting thing about policy is that it is a lot less valuable than its sister coin atlas.
And I think the reason is when people search star atlas, they see atlas coin and they’re like oh this is the atlas coin and that’s the one that, that the general public kind of just initially is attracted to pull us is a little bit more out there.
I’m just gonna buy a star atlas Dao coin called an atlas.
But the star atlas pretty much has almost the same exact token mix of atlas coins so pull us pretty much the same token comics as an atlas. But policy is actually the governance coin for star atlas, it’s actually going to give you governance control of the star atlas metaverse which I think makes it a little bit more valuable than atlas in a lot of different ways. And then the other reason why I recommend buying the policy over atlas right now is policy is only $2.66.
So atlas is about double the price of polish and like I said they have the same exact total supply, So I highly recommend checking out a policy if you guys think that Star atlas has potential long term.
If we just quickly look at this 90-day chart, you can see that it has been a rough time for police recently.
It spiked way up a little over $11. And now it’s all the way down under four bucks.
So there has been a big decrease in the value of police.
And we should note here that the fully diluted valuation of policy is quite a bit higher than the current market cap because the circulating supply of police right now is only 21 million.
But the max supply of police Is 360 million. So there is a lot of policy that is still going to get introduced to the market. So that would be the bear case for police quite definitely.
But I think the bull case for policy is the fact that we’re gonna start to see some tastes of some Unreal Engine five gameplay for Star Atlas.
Hopefully, we’ll get the hangar bay so you can check out your NFT. Ships and Unreal Engine Five Hanger this year, which I think will be really cool.
We have no release dates on the game.