Bitcoin

4 of the Best Metaverse Crypto Coins to Buy For 2023

The metaverse is expected to explode in growth over the coming years. Or at least Bloomberg seems to think so. Analysts at Bloomberg have forecast that the metaverse will be worth $800 billion in the near future, and now is the perfect time to start searching for the best metaverse crypto projects that will outperform…

In this article, we’re showing you four of the best metaverse crypto projects on the market today that could take off in 2023.

1. Metacade (MCADE) – Best Overall Metaverse Crypto Project

Metacade plans to be the primary destination for players to learn about, earn more from, and direct the future of Play2Earn gaming. In Metacade, you’ll be able to link up within a vibrant community of like-minded gamers and Web3 fanatics to participate in the world’s first player-owned virtual arcade.

On Metacade’s platform, there’ll be options to find reviews of the latest Play2Earn titles, look up leaderboards, and delve into some of the hottest GameFi alpha posted by industry experts to help you get ahead in the gaming revolution. To encourage the community to help make Metacade the ultimate resource for GameFi, users are rewarded with the MCADE token every time they share reviews, alpha, or content, meaning you can earn by simply sharing your expertise.

Metacade’s ultimate goal is to put gaming back into the hands of the players. As the traditional gaming industry edges closer toward a miserable sector, dominated by microtransactions and shareholder profit, Metacade is letting users have their say on the games they want to play with ‘Metagrants’.

Launching in 2023, Metagrants are a mechanism that will see game developers entering their projects into a competition for the community to vote on. The winners of these votes receives funding and support from Metacade to build their game alongside the collective that chose them, with the finished title being added to Metacade’s virtual arcade.

While users can earn more from their favourite Play2Earn games by reading top tips or competing in exclusive tournaments, they’ll also be able to find a more permanent role in the GameFi economy with Metacade.

As part of the roadmap for 2024, Metacade is launching a job board that will host dozens of opportunities for the community to get their foot in the door of the gaming industry. These roles will range from becoming a part-time beta tester to landing a senior role with cutting-edge companies at the forefront of Web3.

Eventually, Metacade will become a DAO, meaning that the core team will step down and hand over leadership positions to the most valued members of the community. Once this occurs, users are able to vote on key decisions, like future leaders, token supply restrictions, partnerships, new features, and more.

>>> You can participate in the Metacade pre-sale here <<<

2. Star Atlas (ATLAS) – For the Galactic Explorers Out There

Star Atlas is a space-themed Play2Earn game that’s set to become one of the best metaverse projects. It’s most comparable to EVE Online, an immensely successful space game that’s drawn hundreds of thousands of daily players because of its in-depth universe.

Star Atlas is set in the year 2620, and like EVE Online, it’s kitted out with advanced spacecrafts, faction alliances, and conquerable territories, except with one difference: players can actually own their assets. The goal of Star Atlas is to grow your space empire by completing quests, battling for land, mining for resources, and discovering rare treasures. Each in-game asset is stored as an NFT on the Solana blockchain, and therefore has real-world value.

While other Play2Earn games focus on grinding to earn in-game tokens, Star Atlas wants to make this process as fun as possible. Players can opt to participate in battles or spaceship races to start earning the ATLAS token. Others might prefer to team up and discover planets laden with resources, which can be mined, refined, and traded using a network of mining plants, refineries, and merchants to earn real cash. If you own a VR headset, you can even experience space flight from an immersive first-person perspective.

Once you’ve formed an alliance with others, you can start building entire cities with their own regional decentralised autonomous organisations (DAOs), allowing each region’s citizens to vote on what the faction should focus on next, like attacking other players’ territories or how to defend against an imminent attack from a rival faction.

By taking a leaf out of EVE Online’s book, Star Atlas is set to combine the best aspects of this already successful game with the fantastic ability to truly own your in-game assets on the blockchain. Keep an eye out for Star Atlas – it could soon be one of the biggest and best metaverse crypto games the world has ever seen.

3. Highstreet (HIGH) – Maybe the Most Fashionable Token

Highstreet is one of the best metaverse projects for a good reason. The team behind Highstreet is taking advantage of the ability of the metaverse to create a next-level shopping experience by allowing real-world brands to showcase their physical items in a virtual world. With brands like Balenciaga, LVMH, and Adidas venturing into the metaverse, Highstreet wants to become the solution where any company can set up shop and enter the next generation of commerce.

Physical products, like shoes or t-shirts, are tokenised on the blockchain as NFTs. Shoppers can buy these NFTs, then choose to redeem them for the physical item. Using Highstreet’s integration with Shopify, these orders can be automatically sent to the brand’s backend for physical fulfillment.

Highstreet is more than just a virtual mall, however. It’s an entire metaverse world where users can complete quests, socialise with others, and attend exclusive events in a Play2Earn MMORPG setting. Beyond the Highstreet Marketplace, there are Highstreet Homes, which are just like real homes. You can fully customise your home to suit your style, hang out with friends, and even look after your virtual pets!

Out in the Highstreet World, you can earn by completing quests and battling monsters in places like Binance Beach, AVAX Alps, and Animoca Archipelago. Each area has its own lore and unique monsters that transform Highstreet into an exciting world filled with dozens of unique experiences.

As a whole, Highstreet is blending reality with the virtual world in an incredibly unique way. With blockchain brands like Binance and Avalanche already on board, Highstreet is set for a glorious future as one of the best metaverse crypto projects.

4. The Sandbox (SAND) – Taking Building to the Next Level

The Sandbox is a 3D virtual world that allows users to easily build and explore monetisable games and experiences. It’s often compared to Minecraft and Roblox because of its blocky, pixel-based design, and this aesthetic has led The Sandbox to become one of the best metaverse coins.

The big difference between The Sandbox and those games is that it’s completely decentralised, with almost every aspect of the game owned by its users. Using the SAND token, players can buy digital real estate, unique in-game objects, and wearables to customise their avatars, which are all stored on the blockchain and represented by their own NFT.

Land, for example, is stored on the blockchain as a LAND token, while objects and wearables are represented by ASSET tokens. While LAND has a fixed supply, ASSETs can be created by anyone using the VoxEdit tool. VoxEdit allows users to manipulate blocks, known as voxels, to create almost anything their heart desires, like sculptures, characters, weapons, and more. These items can then be bought and sold for a profit on The Sandbox Marketplace.

The most powerful feature of The Sandbox, however, is the Game Maker. The Game Maker allows anyone to create entire games without knowing a single line of code, and comes complete with fighting mechanics, storylines, AI behaviour, and even camera templates. These features have led to dozens of games and experiences being built for the entire community to play, all for free.

The Sandbox has quickly risen to become one of the best crypto metaverse projects after signing brand deals with multiple big names. Warner Music Group has launched a music-themed amusement park in The Sandbox’s metaverse, while The Walking Dead and Snoop Dogg both have their own games that have drawn thousands of players. Even the Smurfs are in The Sandbox’s metaverse!

Conclusion – Metacade Wins Out of True Diversity

As you can see, there are several contenders that could rise to take the top spot in the nascent metaverse crypto market. With competition expected to ramp up as metaverse gaming explodes in popularity, it’s hard to say definitively which coin will take the lead and become the best investment.

However, with Metacade displaying some extremely attractive features, such as its virtual arcade games library, dynamic online community hub, and play to earn rewards – alongside strong development prospects such as Metagrants – it’s easily shaping up to hold the number one spot as the best metaverse crypto project to invest in for 2023. In stepping outside of the typical bounds of single titles in the GameFi and Play2Earn sectors, and bringing it all into one platform, it offers a significant value proposition that’s hard to beat.

Metacade is expected to grow rapidly as the GameFi industry continues to expand as a whole, regardless of any individual game’s performance. Combined with the fact the token is still in presale, it’s in a prime position to take the financial advantage over the coming decade, which is precisely why we’ve crowned it as the best metaverse crypto token to buy for 2023.

You can participate in the Metacade pre-sale here.

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The core of the newly approved proposal is designed to unlock the utility of the Arbitrum (ARB) token by enabling a staking mechanism.

This initiative allows ARB tokenholders to stake and delegate their tokens in exchange for stARB, a liquidity-staking token introduced through the Tally protocol.

The stARB token offers automatic compounding of future rewards, restaking options, and compatibility with various decentralized finance (DeFi) applications, thereby integrating more deeply into the DeFi ecosystem.

While the proposal stops short of immediately distributing fees to token holders, it sets the stage for future benefits. By staking ARB tokens and actively participating in delegation, holders will eventually be eligible to receive surplus sequencer fees.

This mechanism is expected to incentivize greater voter participation within the DAO, addressing the current issue of low engagement among ARB token holders.

A key concern highlighted in the proposal is the underperformance of the ARB token in terms of value accrual. Currently, less than 1% of ARB tokens are actively utilized within the on-chain ecosystem, and voter participation has seen a decline since the DAO’s inception.

The proposal also emphasizes the need to protect the Arbitrum treasury, which has become an increasingly attractive target for potential governance attacks.

By implementing the staking mechanism and encouraging active delegation, the DAO aims to create a more secure governance structure.

This proactive approach is crucial for safeguarding the treasury and ensuring the integrity of the governance process, marking a significant milestone in the ongoing development of the Arbitrum ecosystem.

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Bitcoin

Bitcoin Dogs to list on 3 major exchanges: Will 0DOG price explode?

Bitcoin Dogs (0DOG) will list on Gate.io, MEXC and Unisat on Aug. 21. What does listing on the 3 crypto exchanges mean for 0DOG? Bitcoin Dogs (0D0G) will be making its market debut with a bang as three major exchanges announce trading support. Investors who have waited since the Bitcoin Dogs’ successful presale are excited…

Bitcoin Dogs (0DOG) will list on Gate.io, MEXC and Unisat on Aug. 21.
What does listing on the 3 crypto exchanges mean for 0DOG?

Bitcoin Dogs (0D0G) will be making its market debut with a bang as three major exchanges announce trading support.

Investors who have waited since the Bitcoin Dogs’ successful presale are excited as listings and token claims get a clearer timeline. But what does this milestone mean for 0DOG price?

Gate, MEXC to list Bitcoin Dogs

After making history as the world’s first BRC-20 token ICO on the Bitcoin network, 0DOG is poised to land on Gate.io, MEXC and Unisat. The cryptocurrency exchanges will list the play-to-earn and non-fungible token platform’s native token on Aug. 21, 2024.

🚨HUGE ANNOUNCEMENT, DAWGZ!🚨

Bitcoin Dogs is set to hit not one, but THREE EXCHANGES in just 6 days! 🐶🚀

$0DOG will officially list on @gate_io, @MEXC_Official, AND @unisat_wallet on the 21st August, 11AM UTC!

✅ Tier 1 exchange

✅ Billions in daily volume

✅… pic.twitter.com/paUiZ5ngT6

— BitcoinDogsClub (@BitcoinDogsClub) August 15, 2024

This is a major milestone for the project, which secured more than $13.4 million in its presale.

In the next five days, 0DOG will be available across Gate.io, MEXC and UniSat – platforms that together have a combined trading volume of over $2.5 billion in daily trading volume. Gate.io and MEXC are top tier crypto exchanges with over $1 billion each in 24-hour volume.

Bitcoin Dogs game via Telegram mini-app

News that Bitcoin Dogs will go live on exchanges in coming days has interest in the project back to levels seen during the ICO. This also comes as the team behind the BRC-20 project hit key roadmap landmarks, including developments on the P2E ecosystem, 10K Ordinals NFTs and staking.

In the upcoming game, aspects such as PvP battles, exclusive access and mobile/Telegram app support has Bitcoin Dogs poised to hit the market as recent hits such as Kombat Hamster and Notcoin.

Recently, Telegram introduced mini apps and the in-app browser features, opening up decentralized applications to millions of users. The instant messaging platform is currently a top destination for crypto tap-to-earn and play-to-earn games, which is an ecosystem that Bitcoin Dogs also targets with its Telegram integration.

Bitcoin Dogs price forecast

Also helping Bitcoin Dogs price could be the overall developments within the Bitcoin layer-2 ecosystem. Multiple projects have interest in the decentralized finance (DeFi), gaming and metaverse market on the flagship blockchain network.

The gaming part will benefit from Bitcoin Dogs rollout of its game on Telegram.

Over 950 million monthly active users will have a chance to play the Bitcoin Dogs game via a Telegram mini-app, bringing the future of gaming to users. 0DOG will power this ecosystem and viral traction could be massive for the token’s value.

Analysts at Pantera Capital noted earlier in the year that the L2 market on Bitcoin could be a $500 billion market – a prediction that means Bitcoin Dogs’ first mover advantage puts it ahead of potential rivals.

The listing on Gate.io, MEXC and Unisat is a first major milestone that also adds to the positive catalysts for 0DOG. Savvy traders are likely to use the upcoming listing and the potential buy opportunity to add to their positions.

If interested in learning more about Bitcoin Dogs, visit the official website.

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Bitcoin

Bitcoin Trading Bots: Machines Taking the Lead

Bitcoin trading bots have been getting attention from crypto traders. Claims of automated trade signals, 24/7 trading opportunities, and virtually 100 percent uptime are enough to turn any serious crypto trader’s head. There are dozens of competitors in the bitcoin trading bots space, each vying for your business.

However, make sure you’re not so bedazzled by their high-tech algorithms that you fail to realistically assess whether or not you’re actually a suitable candidate to trade them.

What is a Bitcoin Trading Bot

Simply stated, these bots are computer programs that generate Bitcoin buy and sell signals. Also known as trading algorithms, these programs connect via API to your trading exchange account. The big idea is to automate your crypto trading to the maximum degree possible, eliminate subjective trading decisions and exploit trading ops that occur when you’re not able to monitor the markets.

Typically, the bot software runs in the following environments:

The cloud
A web-based application
A VPS (Virtual Personal Server)

Bots R Us

As of writing, there are dozens of comprable bitcoin trading bots, and you’ll need to examine the potential advantages and disadvantages of their respective offerings. Here are a few tips to help ferret out the best possible set of bots for you:

Make sure the bot runs on the cloud, not on your computer. If you have an internet or electrical outage, computer crash or another mishap that renders your Mac or PC useless, you’ll be very happy to know your bot will keep performing without interruption.
Verify that your trading bot provider (TBP) offers an extensive array of technical indicators from which to build your trading strategy.
Further, make certain that your TBP also offers a good strategy back testing utility. Never trade a bitcoin (crypto) bot strategy until you’ve extensively back tested and forward tested it.
Your TBP should also offer a simulated trading feature. This is a must-have, especially if you are new to the world of trading system development. You can verify the strengths and weakness of your new bot strategy on real-time crypto data but without the risk of losing any money.

bitcoin trading bots Gimmer strategies — Gimmer offers a wide range of crypto trading bots. You’ll need to buy and hold a specific amount of their GMR tokens to be permissioned for each one. Image: Gimmer.net website, January 8, 2019

Scalability, Client Support, and User Groups

Your TBP should also excel in these critical areas, too –

Your bitcoin bot firm needs to offer API connectivity to as many reputable crypto exchanges as possible. This is especially true if you’re going to be trading arbitrage strategies that exploit coin mispricing across various exchanges.
Ascertain that reliable, useful client support is available. If you bot has a three AM identity crisis and forgets what to do -and when – you (and your trading account equity) could be in big trouble. Being able to ring up a friendly, knowledgeable support agent at such times is invaluable.
If your TBP offers a dedicated users group, you can greatly shorten your trading system learning curve. Even better, if they offer a trading bot marketplace, you may be able to buy or lease a winning bot strategy, rather than having to build one yourself.

Other Critical Bot Whatnot

Measure the cost-effectiveness of your trading bot. Make sure that the bot can typically make more in profits than the inevitable costs of commissions, slippage, bot subscription fees, and capital gains taxes will eat up. If you can’t program a consistently winning bot, there’s no reason to use one.

A Look at One Bitcoin Bot Firm

Gimmer.net is a TBP that offers its own VPS to clients. However, it comes at a price:

“With the VPS you will not have to worry about losing connection to the internet, power outages in your home or if your computer crashes. Simply subscribe to the VPS service and all necessary data is sent to a cloud computer that is unique and private.”

bitcoin trading bots Gimmer upgrade timeline — Gimmer apparently has a number of upgrades planned for 2020 and beyond. The ‘spread’ and ‘triangular arbitrage’ bots are now live. Image: Gimmer.net website, January 8, 2019

Gimmer’s VPS will set you back $25 in purchases of its GMR token per month. Additionally, to use any of Gimmer’s trading bots, you’ll need to buy and hold between 200 and 500 of the same tokens. The bots are programmed to handle many niche trading styles, such as:

Non-leveraged trading (garden-variety, directional strategies).
Margin trading, with high leverage multiples available.
Lending (you can make loans in various cryptos)
Scalper (coded to grab quick gains with small losses)
Portfolio-based strategies (may lessen drawdowns, assists with diversification)
Arbitrage (exploiting inter-exchange price differentials)
Triangular arbitrage (similar to arbitrage, but uses three or more coins)
Spreads (go long one coin even as you short another (a popular mean-reversion strategy).

Additionally, all Gimmer clients receive a free trading bot:

“A standard automated crypto trading bot is offered for free. This includes the use of one indicator, one safety and one pair, without leverage.”

Like most other TBPs, Gimmer offers API connectivity to many major exchanges, including Binance, Bitfinex, BitMEX, Bittrex, Cobinhood, Hubii, Kraken, KuKoin, Poloniex, and XTRADE.IO.

Is a Bitcoin Trading Bot Right for You?

Maybe. Maybe not. It all depends on your trading style, account equity size, trading experience, and personal goals. If you have a sound trading system development education, you’ll probably be able to easily build or find a trading bot that will suit you. If you know how to deal with software issues quickly or have instant access to those who can help you diagnose and repair bot-related issues, then you may also be a good trading bot candidate.

However, if you naively believe that making money in Bitcoin or any other crypto is a simple, effortless process that simply requires the push of a button, then you may be sorely disappointed. Successful trading is hard work. If any novice trader could buy a retail bitcoin bot, trade it with $100,000 and make $50,000 per annum, year after year, the crypto markets would progressively render such a strategy ineffective.

Say 5,000 Bitcoin traders use the same winning bot this year. It makes 40 or 50 percent gains. As word of its success spreads, next year maybe 50,000 traders will start using it. Over time, professional and institutional traders will be able to trade against the bot with great effectiveness, thus neutralizing it. Too many traders will be chasing its trade signals on one side of the market, and that’s when the pros come in for the retail trader kill.

This is one reason why you never market a trading system that you personally want to continue making money with. Think about that the next time some trading system developer attempts to con you out of $5,000 for a trading system.

Bitcoin Bot Plusses and Minuses

Advantages

Your trading bot can act on trade signals faster than you can.
Exploit opportunities 24/7. Some big market moves begin in the evening session and then gain even more traction as the herd piles in the next morning.
Lack of system building training isn’t a problem. You can buy or lease potentially effective Bitcoin bots from other developers.
Artificial Intelligence (AI) will become very prominent in the bitcoin bot world within a few years. It’s conceivable that future bots will be able to auto-optimize your trading signals in real-time. AI may also help you select an ideal mix of bot trading strategies for your portfolio.
As more crypto traders trade shorter-term, bot-based strategies, crypto market volatility may actually decrease. This may occur due to a massive increase in coin market caps and liquidity.

Disadvantages

Short-term trading has high commission and slippage costs.
Lack of crypto market liquidity at certain hours of the day. A big new event in the wee hours might trigger a needless losing trade.
Risk of flash crashes. Ironically, these are usually caused by institutional trading bots.
Outages on an exchange, technical problems with the bot, communication or computer issues.
The cost of the bot subscription itself.
The need to continually monitor your bot’s performance and reliability.
You must know how to effectively re-optimize your trading bot.
If your bot provider isn’t 100 percent cloud-based, you’ll have ongoing VPS costs.

Hard Work, Education, Self-Discipline, and Overrides

System trading education, money management skills, sound trader psychology, and an extensive TA education is a must for profitable automated crypto trading results. You can’t simply build a quickie system with canned indicators, hit the ‘run’ button and expect to generate a living from your bitcoin trading bot. However, you might become a consistently profitable bitcoin bot trader if you work hard at developing the above-mentioned trading disciplines.

A final word of wisdom to consider when running a fully-automated Bitcoin trading bot, make of this what you will:

Never take your eyes off off your trading screen. Ever. Do not place 100 percent confidence in your trading bot, computer software or hardware. Crypto market conditions can change rapidly, potentially creating scenarios that your bot was never designed to deal with. You must continually supervise your bot or risk waking up to an unpleasant, money-losing surprise one morning.

Never underestimate your inherently superior reasoning abilities to that of a machine or algorithm. Be ready, able and willing to step in and override your bot any time it encounters hyper-volatile crypto market conditions.

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