Three Promising NFT Tokens Ready To Deliver Profit In 2022
The entire world is aware of the crypto industry and its structure of the process. According to the crypto sector, success is measured with the small-phrase “buy low, sell high”. Those who actually win doing this action, then they are rich but the trading pattern doesn’t work that way. Predicting the future of trading charts is a difficult task and that’s where most of them fail. If investors or traders can successfully do the action of buying when less and selling when high, then they would be rich.
The loophole to follow the trick is to identify the potential assets which are undervalued and invest in them while needing to wait until they strike high. Similarly, last year was a huge success for NFTs which returned massive NFT sales. Several NFT tokens have entered the market and the number of potential NFT projects is rising. Now, let’s take a look at the top three promising NFT projects which are now cheap but will reach high in 2022.
These crypto-assets are considered to deliver a good profit in 2022. Moreover, the current trend of the crypto market is Non-fungible tokens and metaverse which is boosting growth. Each of these listed tokens has already seen a rise in popularity and adoption within the crypto industry. According to the recent data from Arcane Research, the cheapest and potential digital assets are SAND, MANA, and AXS.
Top Three NFT Projects
The first project is The Sandbox (SAND) which is an online metaverse platform that allows individuals to create, own, and play in the virtual-world. The unique feature is that the gaming world is computer-generated while it is expanded via loyal players and creators. Moreover, it also features unique NFTs which players can swap in-game for other cryptocurrencies while playing.
As a matter of fact, people are buying virtual property within SAND so this will rise once metaverse gets into the mainstream. According to nonfungible.com, SAND has sold over $350 million in virtual real-estate to large entities and celebrities. In terms of sales volume, the next closest metaverse destination is half that. SAND is presently trading at a 68% lower than its ATH, according to Arcane Research, indicating that the project has a lot of room for growth.
The second project on the list is Decentraland (MANA), which is an advanced metaverse project within the crypto industry. MANA also allows users to buy plots of land as NFTs where these NFTs can be sold when the value increases. For gaming and app developers, virtual real estate is being used as an online environment. Even MANA is currently 68% lower than its ATH as per Arcane’s report.
The final project on the list is Axie Infinity (AXS), which is a gaming platform. Axie Infinity is the top project which surged in adoption and popularity and led the way for gaming tokens. Following the rise of AXS, creators and players initiated focusing on GameFi projects. This platform allows players to breed, upgrade, battle, and trade the “monsters” called Axies.
Axie Infinity enables gamers to earn while they play and earn rewards in real value for playing games. The current price of AXS is 72% lower than its ATH. Furthermore, this is the trick that investors use “buy low and sell high”. But it is normally a difficult task, thus investors should do their own research before investing.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
