Metaverse Penny Stocks To Buy | Learn more

Metaverse penny stocks are stocks involved in the metaverse industry. Or, they’re likely to get involved in one way or another. Plus, their price is around $ 5 or less.

Therefore, if you want to invest in the Metaverse, these penny stocks are a great place to start.

And a warning regarding the actions of the Metaverse: The metaverse is very new. This makes correlated stocks incredibly speculative. When a stock or industry is speculative, there is no hard evidence that it will do well. However, it shows immense potential.

In other words, for Metaverse penny stocks, it is important to do your due diligence.

But for now, have fun checking out these stocks.

What is the metaverse?

The metaverse is a technology that combines the digital realm and the physical world. This combo makes for an experience that engages all of the human senses. To explain further, video games and virtual reality are taken to the next level.

Facebook got most of the credit for coming up with the idea and creating the technology. However, there are also many other companies that are working on their own version.

Below, I’ve outlined a few actions that hit the metaverse in one way or another.

Best Penny Stocks in the Metaverse

  1. Cinedigm Corp. (Nasdaq: CIDM)
  2. Meta Materials Inc. (Nasdaq: MMAT)
  3. Immersion Corp. (Nasdaq: IMMR)
  4. Alpha Esports Tech Inc. (OTC: APETF)
  5. Sino-Global Shipping America Ltd. (Nasdaq: SINO)
  6. Enthousias Gaming Holdings (Nasdaq: EGLX)
  7. Hall of Fame Resort and Entertainment Co. (Nasdaq: HOFV)

Metaverse Penny Stocks to Buy

Cinedigm Corp.

Cinedigm is probably the company you associate with cinema. That is, if you always go to the theater. It is an entertainment company and recently partnered with Hallmark. Cinedigm will be the first to distribute paid movies and content for Hallmark. In the coming months, I expect Cinedigm to grow through this partnership.

Why am I classing Cinedigm as a metaverse penny stock?

CIDM is a digital entertainment company. There are many applications of this in the metaverse. In addition, there was talk of the creation of NFT. It’s a bit of a stretch, but it’s still a real possibility.

Meta Matériaux Inc.

Meta Materials Inc. could be a major player in the metaverse penny stock industry. The company creates new technologies by studying and manipulating light and energy. For example, its website hosts explanations on holography. Some others include functional surfaces and AR glasses.

Meta Materials is focused on creating a lower cost and more sustainable output. And he’s in love with the idea that major technological advancements have come from the manipulation of basic elements. The examples that the company uses are the Stone Age and the Bronze Age etc.

He works in several industries including automotive, consumer electronics and aerospace / defense.

In addition, Meta Materials has so many possible scientific and technological breakthroughs. And it focuses on bringing them to consumers and other major industries.

There’s little reason this isn’t a good Metaverse penny stock. Even if he does not enter into the action of the metaverse.

Also, I’m curious about the coincidence of the name. Facebook has been renamed Meta and creates the Metaverse. It makes sense.

This company is also called Meta Materials and is a technology company. So far, public knowledge is that the two have no relationship. But you never know. Something may be happening in the background.

Even if there isn’t one, Meta Materials is getting a lot of publicity for Zuckerberg’s new image.

Immersion Corp.

Immersion deals with tactile feedback technology and haptics. This technology allows you to feel the digital world, as if it were real in front of you. This metaverse penny stock was founded in 1993. Its headquarters are located in San Jose, California.

Currently, it produces haptics for game consoles, phones, and cars. But he’s also developing products with StrikerVR.

These products include items to help in a virtually realistic world. For example, they are working on a virtual weapon that looks like the real thing. Plus, other articles focused on recreation. Things like a baseball bat and a fishing rod that will make you feel like you are doing this activity.

Alpha Esports Tech Inc.

I have already recommended Alpha several times.

Now, in a recent press release, the company is combining its technology with the metaverse. It is an attempt to create a unique experience for customers.

Alpha focuses on esports, which is a competitive game. These are physical events that people come together for, like a ball sport tournament. There are a lot of lights and they are usually installed in a stadium or event center.

Blockchain, mobile games, and e-commerce are other major industries including Alpha addresses. In addition, they do business with professional hockey and rugby teams, casinos and gaming companies. The company also has constant developments, which are excellent for its prospects.

Sino-Global Shipping America Ltd.

Sino-Global provides services and solutions to global shipping companies.

I’m sure you’re wondering why a shipping service company would be on this list as a metaverse penny stock. In March 2021, Sino-Global purchased 60% of Super Node LLC. Super Node is a private blockchain developer.

In addition, Sino is expanding in the NFT market.

He’s an unexpected player for this stock list. But he is the one who seems to be stepping in the door of the industry. Over time, it could turn into a very interesting action in the Metaverse industry.

Gaming enthusiasts holdings

Enthusiast Gaming is a company whose main focus is video game journalism. It’s a Canadian company that targets esports gamers and fans. Building large networks of players and creating communities is his mission.

The company has great leadership, all with a track record of success.

The Enthusiast will more than likely be indirectly affected by the Metaverse. Esport will bring more meta opportunities. And that Metaverse penny stock will likely cover these additional events and occurrences.

Metaverse Penny Stocks: Hall of Fame Resort and Entertainment Co.

Hall of Fame uses the popularity of football. It combines football, fantasy football, gaming and experience-driven technology. It’s about giving customers a unique feel and experience with their business.

It has a football legends themed complex. He even created NFTs for players and characters.

At the complex, it looks like there is a lounge, where players compete against each other. A grill bar, hotel and Hall of Fame village are also part of the complex.

Given the nature of the business, it is likely that they will also be involved in metaverse experiments.

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About Vanessa Adelman

Vanessa Adelman graduated with an interdisciplinary degree. She specialized in entrepreneurship, painting, music and cinema. Shortly thereafter, she received an editorial mentorship with Mark Morgan Ford. Then she got her AWAI verification. Now Vanessa is freelance in the direct financial response industry. She has been investing since 2016. In her spare time, she enjoys books on money and wealth. She enjoys being with her boyfriend, hunting, fishing and having outdoor adventures.

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