- The cryptocurrency market has registered significant gains since the beginning of 2023.
- Metaverse coins have been volatile, providing for increased trading and an influx of capital.
- The top five metaverse tokens now are APE, ICP, STX, MANA, and THETA.
The cryptocurrency market has registered significant gains since the beginning of 2023. Metaverse coins have joined the trend, with many displaying recognizable volatility, providing for increased trading and an influx of capital.
An aggregation by CoinmarketCap ranks the metaverse tokens by market capitalization, summarizing the value of the projects and reflecting the momentum that could support future growth. Based on their market caps, the top five metaverse tokens on CoinmarketCap include ApeCoin APE, Internet Computer ICP, Stacks STX, Decentraland MANA, and Theta Network THETA.
ApeCoin (APE)
ApeCoin is an ERC-20 token based on the Ethereum blockchain. It is a utility token used to empower and reward members of the APE community participating in building Web3 products within the APE Ecosystem. According to CoinmarketCap, ApeCoin has a market capitalization of $1.51 billion, making it the most capitali…
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