This week has been quite rough for cryptocurrency markets, with Bitcoin and Ethereum seeing bearish momentum the first week of December. However, some Metaverse coins saw decent price gains this week, even with the overall crypto market struggling. This article looks at the top 3 Metaverse coins gaining the most price this week, December 11th.
WAX (WAXP) +3.36%
Founded in 2017, WAX stands for The Worldwide Asset eXchange™. It’s dubbed the world’s most eco-friendly blockchain for NFTs, collectibles, and video games. WAXP is the native token on the WAX blockchain, and it’s used as the currency to buy video games, collectibles, and NFTs.
Along with dozens of dApp games that users can play, WAX allows you to buy, sell, and trade NFTs on their marketplace. It’s known as “The King of NFTs” as it has successfully facilitated millions of sales of NFTs from reputable partners, the likes of which include: Major League Baseball, Street Fighter, Atari, and much more.
WAX is one of the most popular crypto gaming platforms on the market, with over 400k daily unique visitors, over 15 million daily transactions, over 8 million WAX accounts, and over 30k dApps.
At the time of writing, WAX is trading at $0.52, with a 24-hour trading volume of $110 million. Its market cap is $983 million, with a circulating supply of 1.86 billion WAXP.
You can purchase WAX on Binance, Huobi Global, KuCoin, Gate.io, Bithumb, Bittrex, Crypto.com, and more.
CryptoPlanes (CPAN) +4.57%
As the name suggests, Crypto Planes is a blockchain-based game featuring a Metaverse with NFT planes. CryptoPlanes extends the CryptoCity Metaverse, where the famous racing game CryptoCars was founded.
According to the CryptoPlanes whitepaper:
“As a player in CryptoPlanes, your mission is to win the fighting (Training, PvC, PvP, Planes vs Cars battle ) to get Exp and earn token. When you gain enough experience points, you can upgrade your plane level.”
CryptoPlanes is a top-rated game, with over 212k players, 127k planes, and over 17 million in-game transactions.
CryptoPlanes was one of the top performers this week, gaining over 4.57%. At the time of writing, CPAN is trading at $2.92, with a 24-hour trading volume of $14 million. Its market cap is $45 million, with a circulating supply of 15.6 million CPAN.
You can purchase CPAN on PancakeSwap, BKEX, DODO BSC, and ZT.
inSure DeFi (SURE) +29.46%
inSure DeFi is an insurance policy for your cryptocurrency. It’s classified as a Metaverse coin because it can serve as an excellent option for those investing in high-risk Metaverse projects to insure their holdings against drastic devaluations and “rug pulls.”
It comes as no surprise that SURE is one of the top gainers this week, as the platform makes for a great solution to protect your cryptocurrency investments for a relatively low price.
InSure DeFi includes a multichain token called SURE that lives on both the Ethereum and Binance Smart Chain and acts as the native cryptocurrency on the platform.
inSure offers a wide variety of coverages for your portfolio. For sizes up to $1000, users can purchase a policy for 2,500 SURE, which is $24 at the time of writing. The coverages go as high as up to $140,000 for 500,000 SURE, which is roughly $4,800 at the time of writing.
To claim losses on your portfolio, users need to submit a request for reimbursement, which takes 3-4 business days to get approved.
Overall, inSure is a great concept that should be used by investors looking for further protection against scams and drastic devaluations.
At the time of writing, SURE is trading at $0.01, up over 29% in the past seven days. Its market cap is $292 million, with a 24-hour trading volume of $2.8 million. You can purchase SURE from Uniswap, PancakeSwap, QuickSwap, STEX, Coinsbit, 0x Protocol, and more.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.