Best metaverse tokens to get In August

Decentraland (MANA/USD), Stacks (STX/USD) and Enjin Coin (ENJ/USD) are some of the best metaverse-related cryptocurrencies that you can get on August 4, 2022.

On July 28, 2022, Decentraland announced a new SDK, known as the SDK 7 Manifesto. Then on August 1, DecentRally set the track for the future experience of creators using the infinity engine code.

On August 3, 2022, Stacks announced “Spaces,” where they held a discussion about Stacks and Bitcoin and the usage of Native Bitcoin in Stacks Apps through DLCs.

Then on August 4, Enjin published their ecosystem report, going over Square Enix NFTs on Efinity, Entropia Universe NFTs in NFT.io marketplace prelaunch, XCM integrations, and Wallet 2.0 updates, among other things.

Should you buy Decentraland (MANA)?

On August 4, 2022, Decentraland (MANA) had a value of $0.9897.

The all-time high of Decentraland (MANA) was on November 25, 2021, at a value of $5.85.

Going over the performance throughout the previous month, its lowest point of value was on July 13 at $0.7663, while its highest point was on July 30 at $1.086.

Here we can see an increase of $0.3197 or 42%. With this in mind, we can expect MANA to reach $1.5 in value by the end of August 2022.

Should you buy Stacks (STX)?

On August 4, 2022, Stacks (STX) had a value of $0.4609.

When we go over the all-time high of the cryptocurrency, Stacks (STX) had a value of $3.39 on December 1, 2021.

When we take a look at its performance throughout the previous month, the lowest point was on July 13 at $0.3499, while the highest point was on July 20 at $0.4593.

This means that the cryptocurrency increased in value by $0.1094 or by 31%. At this rate, STX can reach a value of $0.8 by the end of August 2022.

Should you buy Enjin Coin (ENJ)?

On August 4, 2022, Enjin Coin (ENJ) had a value of $0.64678.

Going over the performance of the cryptocurrency, Enjin Coin (ENJ) had its highest point of value on November 25, 2021, at a value of $4.82.

When we take a look at the performance of the cryptocurrency throughout the previous month, the lowest point was on July 13 at $0.4522, while its highest point was on July 30 at $0.6948.

This gives us an indication that ENJ increased in value by $0.2426 or by 53%. With this in mind, we can expect ENJ to reach $1 by the end of August 2022.

The post Best metaverse tokens to get In August appeared first on Invezz.



from Market Analysis – Invezz

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