Even the harshest critics cannot deny the exponential growth opportunity for metaverse tokens. Not only are they not completely governed by the same forces behind popular cryptocurrencies, but as time progresses, it’s increasingly difficult to write off the metaverse as a mere ‘fad’ as investors begin to understand where the industry can genuinely lead. With the metaverse tokens and this recent price action, there is more than meets the eye.
Reflecting this sentiment, metaverse tokens have had a flying start to 2023. In January, Decentraland (MANA) rose by a gleaming +130%, while Sandbox (SAND) and other heavyweight metaverse tokens have joined the rally and risen from +70% onwards, overshadowing the (BTC) and (ETH) gains of 40% and 38%, respectively.
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