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Top Metaverse Tokens to Pay Attention to Once Apple Launches XR Headsets

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By Augustine Mbam - - 5 Mins Read
Illustration of a person wearing a metaverse VR headset
Photo by Brian Penny via Pixabay |
Illustration of a person wearing a metaverse VR headset
Photo by Brian Penny via Pixabay

 

Meta and Google are the two major companies that have been in the metaverse scene for a long time, although they have not made any groundbreaking inventions. It isn't like they are not making any efforts, but it seems they don't have what it takes to keep the excitement from dying.

With Apple entering the metaverse and virtual reality world, the crypto and metaverse world is at a standstill. Everyone is hoping for Apple to make the breakthrough needed to keep the metaverse industry running for a long time.

With the launch of Apple Headset, several metaverse-hinged tokens are set to benefit, and they include:

 

1. Apecoin (APE) 

Apecoin is one of the best metaverse crypto projects that would greatly benefit from the Apple XR headset launch. Designed as the engine room for the growing ecosystem around the famous Bored Ape Yacht Club, Apecoin has grown to have a large community of crypto and NFT enthusiasts. The NFT collection, which it is linked to, is one of the most successful in the market.

The Bored Ape Yacht Club NFTs attracted many people, including celebrities. Although the hype has died down a bit, these NFT collections are still top-performing. With the launch of the Apple XR headsets, it would have a role in increasing the price of this cryptocurrency. The primary function of Apecoin is voting, governance, and making transactions in the Ape metaverse. 

 

2. Axie Infinity (AXS)

Axie Infinity is a top metaverse cryptocurrency that uses blockchain technology to integrate the metaverse with gaming. Headlined by Pokémon and Tamagotchi, the Axie Infinity platform allows players to raise virtual monsters trained from fighting tournaments.

AXS is part of the two leading cryptocurrencies used on this platform, with the other being SLP. The primary function of AXS lies in the decision-making process of the platform, as holders use it for governance procedures. On the other hand, SLP is the cryptocurrency earned by players on the platform. With the Apple XR headset launch, Axie Infinity will significantly benefit as it is directly linked with gaming and the metaverse, precisely what the Apple headset offers. 

 

3. The Sandbox (SAND)

Sandbox lists the best metaverse crypto projects set to have a bull run with the launch of the Apple headsets. When this headset is launched, it is expected to significantly affect the price of SAND tokens—coming off as a hybrid of Roblox and Minecraft, the Sandbox project is housed in the Ethereum blockchain and has attracted a lot of users.

Even after the peak years of the NFT and metaverse industry, the Sandbox has continued to flourish due to how innovative the project is. With a market cap of $1.11 billion, Sandbox has reached heights that some prominent cryptocurrencies failed to reach. With collaboration with prominent brands like Atari, Adidas, and Gucci, Sandbox has a large community. At Sandbox, users can lay their hands on NFTs, buy virtual lands, and purchase other collectibles on the platform. 

 

4. Decentraland (MANA)

Like Sandbox, Decentraland (MANA) is another metaverse project built on the Ethereum blockchain. MANA is the native cryptocurrency of this platform, and it can be used to purchase NFTs, buy virtual lands, and other collectibles on the platform. Decentraland stands a fair chance of increasing in price due to the launch of Apple headsets.

JPMorgan, Coca-Cola, Sotheby's, and Samsung are some brands that have collaborated with this metaverse project, which has helped them build a fan base. Other activities that can be performed on the platform are staking and buying digital properties. The native token of this platform, MANA, is used for governance purposes and has a market capitalization of $965.3 million. 

 

5. Floki Inu (FLOKI) 

Despite being a new meme coin, Floki Inu is one of the cryptocurrencies with the best chance of increasing in price once Apple launches its new headset. Floki Inu is mainly known for its intense competition with popular meme coins such as Dogecoin and Shiba Inu.

FLOKI operates on the Binance Smart Chain (BSC) and the Ethereum blockchain, allowing users to use the two blockchain networks simultaneously. Also, the two different blockchains will enable the crypto project to connect to more users. The native token of this platform is used for purchasing in-game items and unlocking playable characters in Valhalla and Floki DeFi ecosystem. 

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