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Metaverse coins and the general market is on the red now as the price of bitcoin the father of all coins continues to plunge below $42K. This has caused a lot of tension in the market as some have already concluded that the fall of the price of bitcoins is signaling the beginning of a bear market will to others, they believe recent news around the world like that of covid-19 new variant and the riots in Kazakhstan.
Whether the market plunge is a result of any of the two, that will be a story for another day. This article focuses on five metaverse coins performing well amidst the current market plunge so you can decide if you should bag them. All data is gotten from Coingecko.

#1 Defi Kingdoms
Symbol: JEWEL
Price: $3.10
Market Cap: $1,162,200,686
Performance: Over the past 7 days when the general market is plunging, JEWEL has gained over 40%.

#2 Magic
Symbol: MAGIC
Price: $18.26
Market Cap: $79,435,578
Performance: Magic has done over 37% in the past 7 days as the general market is plunging.

#3 Rainicoin
Symbol: RAINI
Price: $0.090918
Market Cap: $44,546,511
Performance: Raini has done over 21% in the past 24 hours and 24% over the last 7 days while the general market fared badly.

#4 CryptoWar xBlade
Symbol: XBLADE
Price: $0.04429430
Trading Volume: $2,807
Performance: xBlade has racked in over18% in the last 7 days.

#5 Decentraland Games Governance
Symbol: XDG
Price: $0.369212
Market Cap: $102,771,151
Performance: Amidst the fall of the market, XDG has done over 9% over the past 7 days.

Final words
Most metaverse coins are performing well during this general market fall and that could be a good reason for one to decide to bad some more. Although the heat of the market will certainly touch everyone, some coins and projects will definitely prove to be a hiding place for the wise.


Source Article (https://metaversecoindesk.com/top-5-metaverse-coins-mooning/)


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Those 1 week gains, a day of gains, they'll eventually change. They seem to be impressive but during this time when bitcoin is going down, all of them are going to be affected.

I've seen the most popular NFT games and their tokens have dropped a lot and for sure these that you've mentioned, they're no exemption for it.

For sure they will definitely feel the heat soon but their current gains amidst the Plunge is commendable.

O boy it starting to feel like bear market is coming or it's already here, new projects are the only ones surging for few days but later they deep dive into the ocean 🌊, the only way to double to make 3x from crypto now is through presales and IDO

You are right boss.. The bear market is staring at us right now.

Yeah, commendable.

But that's the reality and the fact that the market's too quick, they're going to be on that point anytime soon. And if you have all of those and you're in profit.

Big congratulations to you.

This is outdated.

JEWEL has outperformed most Metaverse tokens and the entire market, really. It has peaked at $20+ but now sits at $18 or so.

I've seen a lot of people make quite a bit off that trade, but I would just rather be cautious honestly and sell off existing positions of any metaverse coins. The hype for metaverses and Web3.0 is peaking and the bear market is not going to be kind to these projects imo.

That one under number #4 (don't know what it is).  But going up 18% on $2k daily volume shouldn't be in there.  With volume like that you can manipulate gains and losses because one small buy tilts the needle.  If you are looking for a real Guage on meta coins and how they are performing against bitcoin I would only consider one with millions in volume.

the numbers are overwhelming but sooner or later, only few of them will survive. they may be currently getting the interest and getting tons of money. but usually one or two will survive in the long run. so if you want to hold long term one of these projects, better assess their survivability in this market.
metaverse is one of the current hypes, but just like any other hypes, one should really be careful touching any of these projects.
they can easily go downhill if one of their devs decides to traverse a different path

I'm not familiar with any of those. But I will try to DYOR those and will share them here. These Metaverse coins are really on the trend right now. I think it will even pass the period where ICO, Defi becomes popular at some point.

But always be careful not to hook up right away at these Metaverse projects. Lots of popular Metaverses that only lasted for short time and eventually can't be seen anywhere now due to being rug pull or many players left already.

I would point out Bloktopia and Realy.

The market is no longer the one that we like as the metaverse gets on the trend.

Those that have been early on it are the ones that are enjoying it right now as they stay with those games while holding those native tokens of theirs.

There are believers that won't look at the matter as what matters to them is the metaverse itself and its potential.

For me, it was started for the protocol were deployed that metaverse platform or coin.
Let's say for example the Defi Kingdom, we all know that is deployed to Harmony (ONE).

If you check most of pumping even Bitcoin is dumping on high market cap, like top 100. Harmony(ONE) is one of them, most are Ethereum alternative/ smart contract platforms. So for me, those pumps for these altcoins could be temporary. But it's good that the ROI is quite higher as the pump is high also.

Hi everyone !

Personally, I am on https://3D-Dolls.com!

This stuff will reach the moon very quickly!

Metaverse + Porno + Cryptocurrency + game + Play 2 earn + Free 2 play: D: D

have a look at the project, the token comes out in 07/22 but we can already buy their NFTs

Check out the qualities of his beautiful women  :-* :-*

Air drop planned for at least July

https://static.wixstatic.com/media/40bc42_8e075acfece84499801e494d77447bd4~mv2.png

I had never heard of these projects before. I should do some research on these. The hype is pretty high with the metaverse these days.