Meta Stocks as the Best Metaverse Investment? These alternatives promise better returns | news

That’s what value investors claim Meta platforms greatly underrated and at current prices perfect purchase as a metaverse investment is. Sure, on the surface META stock looks cheap.

After shares of the tech giant, the parent company of popular social media platforms like Facebook, Instagram and WhatsApp had fallen by over 70% in the past year, they will only go with it Traded at 9 times earnings. This is a extremely low valuation of a technology stock and several times lower than the S&P 500, which has a price-to-earnings (P/E) ratio of 19.8.

But before investors follow the value crowd’s lead and grab META as a Metaverse investment, they should consider that there’s a good reason why Wall Street has devalued the stock so much.

Metaverse stock disappoints in 2022

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Meta Platforms isn’t the only major technology stock to fall over the past 12 months. Macro factors have pushed mega-cap tech stocks significantly lower since November 2021.

Compared to its competitors, however, the META share has experienced the sharpest price drop. Like similar names, the shares have been affected by rising interest rates. Higher interest rates have led to significant declines in mega-cap tech stocks. The stock has also been hit by growing recession fears.

The recent economic downturn has already had an impact affected Meta’s ad-dependent revenue model. In the last quarter he left Sales fell 4% year-on-year. Declining demand for digital advertising could get worse if a recession hits in 2023. Alongside these challenges, however, there is another massive Uncertainty on this Metaverse stock.

And that’s Meta CEO Mark Zuckerberg’s will to always be more cash investment failed metaverse. In addition to changing the company name from Facebook Inc. to Meta Platforms, Zuckerberg continues to increase Business growth expenses related to metaverse.

This plays a big role in Meta’s profit drop of almost 50% played last quarter. A further increase in Metaverse consumption should weigh on both operating and share price developments.

Why meta is not a good metaverse investment

The Metaverse

META shares are cheap for a reason. Provided that small successful Metaverse editions of the company, to say that this stock only trades at a single-digit earnings multiple is a misnomer.

In the coming quarters will economic slowdown continues to affect Meta’s sales. Combined with increasing operating costs through the Facebook metaverse, there’s a good chance that the earnings per per share (or EPS) will decline in 2023.

The average forecast for Meta’s 2023 EPS is currently $7.72. The lowest estimate is an earnings per share of $4.96, which may indicate that META stock is currently trading at fair value.

For this reason, investors who want a want to take up a position in a Metaverse company, Stay away from the meta and look around for alternatives.

The Best Meta Stock Alternatives

It is no longer news that cryptocurrencies have been on the rise over the past few years was one of the best investments. Despite the high risk that comes with their volatility, cryptocurrencies have emerged as a proved to be a viable investment opportunity.

Cryptocurrencies, metaverse coins and blockchain are closely related to the Metaverse theme. For this reason, investors who want to invest in Metaverse should take a closer look at the following cryptocurrencies.

calvaria

Calvary Presale

To Calvaria Metaverse NFT game is one of the newest play to earn card games, taking the crypto market by storm. The sale of Calvaria (RIA) tokens is progressing rapidly, proving that Calvaria is a really promising investment.

In a matter of days, Calvaria collected its pre-sale more than 1.5 million dollars and caught the attention of many investors. The Calvaria pre-sale is still ongoing, allowing investors to get in early get started on an exciting Metaverse project.

Calvary makes it possible Players to compete against other players online to earn non-fungible tokens (NFTs) in the form of trading cards. These cards can be bought, traded and sold in-game to earn in-game money called $RIA. This currency can be exchanged for real money at any time, so the players have the option earn money playing Calvaria. Additionally, in-game players can purchase $eRIA, which are used to upgrade maps and purchase in-game resources.

?Calvaria: Duels of Eternity? was from one Developed by a team of cryptocurrency and blockchain experts along with experienced game developers and programmers. This unique game is entangled in the Metaverse and cryptocurrency systems, allowing players can benefit from their games in real life.

Now for Calvaria Presale

Tamagotchi

Tamadog NFTs

Tamadog is one too Play-to-Earn (P2E) Metaverse games. In Tamadoge, players can breed and care for pets and compete with them against other players. The metaverse of Tamadoge is called the “Tamaverse” and is represented by in-house TAMA token driven.

Of Tamadoge pre-sales raised $19 million in less than eight weeks what an incredible performance. Tama Store sells Tamadoge pet ? which have unique stats, strengths and weaknesses and are coined as NFTs. Players can get TAMA tokens by playing Tamadoge and fighting against other players. The TAMA crypto won can be used to buy pet care and feeding items in the Tama store or sell them for real money.

Tamadoge developers announced earlier this week that they have a Joint NFT collection launched. OpenSea is the largest NFT marketplace in the world, and the game developers confirmed that it would host the gathering. Players can interact with the 20,000 NFTs in this collection in the Tamaverse.

huge infinity

Battle Infinity is one of the most innovative Metaverse projects in the blockchain space. Not only does the project offer several play-to-earn features, but also decentralized financial functions. This is how it starts decentralized exchange match on November 16, which should boost IBAT tokenomics.

that Blockchain gaming platform Battle Infinity has continued to attract considerable attention. The gaming platform allows players to non-fungible tokens (NFTs) to buy, representing real athletes. Players can use the NFTs to create teams and compete against other players.

The Battle Infinity game allows players to compete for points. The team earns points based on how players within the team perform in the real world. A player’s NFTs earn points based on a player’s changing performance. At the end of a season, the team with the highest points wins and receives rewards in IBAT, the native Metaverse token from the Battle Infinity platform.

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