Amid the Artificial Intelligence (AI) hype in the year, the metaverse network projects have recorded slower growth compared to the mania a year and a half ago. In doing so, metaverse network projects have amassed lesser financing and growth in the past twelve months. Nevertheless, the metaverse network industry remains an area with enormous potential to grow into a trillion-dollar industry over the coming years.
Reports by the latest cryptocurrency market data provided by Binance-backed Coinmarketcap, the cryptocurrency crypto tokens used in the metaverse network industry had a total market cap of about $13.3 Billion on Thursday.
Reports by a trending cryptocurrency analyst with greater than 60k Twitter followers, Captain Faibik (@CryptoFaibik) the top Metaverse network coins with a positive tendency flag include The Sandbox (SAND), Axie Infinity (AXS), Enjin Coin (ENJ), and Decentraland (MANA).
The Sandbox (SAND)
As for The Sandbox (SAND) crypto token, the analyst deduced a sliding channel with the price retesting the upper band. A breakout over the upper resistance level could lead to a 385 per cent rally in the following two months.
Axie Infinity (AXS)
Similarly, the analyst plotted a positive tendency scenario if Axie Infinity (AXS) breaks out of the upper band of a multi-week sliding trend.
Enjin Coin (ENJ)
In regards to Enjin Coin (ENJ), an Ethereum-based ERC-20 crypto token used for social gaming, the analyst noted the price is as of now retesting the bottom Line of a breakout, thus subjected to a 309 per cent rally in the following two months.
As for Decentraland (MANA), Captain Faibik pointed out that the crypto token could rally 10x in the following two months if a breakout to the upper side materializes.