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As the excitement surrounding Apple’s potential XR (Extended Reality) release at the 2023 Worldwide Developers Conference (WWDC) builds, several metaverse tokens are poised for significant growth. Apple’s XR headset could transform how people interact with the virtual and augmented worlds, directly impacting the metaverse and related cryptocurrencies.
Here are some of the top metaverse tokens that are gearing up for this wave of growth:
The Sandbox, an Ethereum-based virtual world, has already established itself as a key player in the metaverse. Its SAND token is used for purchasing land, creating in-game assets, and participating in governance decisions. With the potential release of Apple’s XR headset, The Sandbox could see increased interest as users look for immersive experiences. The platform’s existing partnerships with celebrities like Snoop Dogg and global brands such as Gucci and Adidas add to its appeal. As of June 2023, SAND had a market cap of $1.11 billion.
Decentraland is another major metaverse platform that uses the MANA token. It allows users to buy and develop virtual land, engage in social activities, and build businesses. Decentraland has attracted major corporations, including JPMorgan and Coca-Cola, which have established presences within its virtual world. The XR headset could provide users with new ways to experience and interact within Decentraland’s immersive environments, driving demand for MANA.
Sensorium Galaxy, known for its AI-driven metaverse experiences, particularly in music and entertainment, could also benefit from Apple’s XR release. The platform offers social networking, virtual concerts, and AI-generated avatars. Its native token, SENSO, is used for in-platform transactions, including the purchase of virtual experiences and NFTs. With the potential of XR technology, Sensorium Galaxy’s immersive events could attract more users, boosting SENSO’s utility.
Axie Infinity, a blockchain-based game where players raise and battle virtual creatures, could also see growth. The platform’s AXS token is used for governance and rewards, while its integration with the Apple App Store for non-NFT starter Axies has expanded its reach. As virtual gaming continues to evolve, Axie Infinity could leverage XR technology to enhance its gameplay experiences, further solidifying AXS’s place in the metaverse.
Floki, initially inspired by the meme culture, is expanding into the metaverse and DeFi. Its metaverse game, Valhalla, uses FLOKI as the in-game currency, offering users rewards for participation and interaction. With Apple’s anticipated XR release, Floki’s focus on NFTs and immersive gaming could make it a rising star in the space.
As Apple steps into the XR arena, these tokens are expected to see a surge in adoption and growth, driven by enhanced user experiences and broader mainstream interest in the metaverse.
