crypto metaverse Klaytn (KLAY -5.29%) it was one of the top performing altcoins for October, with a gain of over 40%. Based on its recent rise and the pace of its current trajectory, Klaytn is on track to become one of the top 50 cryptocurrencies by market capitalization by the end of the year. It is currently trading at $0.24, giving it a market capitalization of over $700 million.

However, any metaverse crypto trade for less than $1, regardless of market cap, will be a highly speculative investment. While Klaytn has surged of late, it is still almost 95% down from an all-time high of $4.38 in March 2021.

Given these mixed signals, let us consider the pros and cons of this metaverse crypto to see if it deserves a place in your portfolio.

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advantage

While Klaytn might…