Metaverse Tokens vs Crypto assets: How Decentraland and The Sandbox managed to outperform Bitcoin and Ethereum?
Due to the improvement of visibility and the implementation of supporting policies and regulations, the cryptocurrency market is growing explosively. Bitcoin and ethernet, the leading cryptocurrencies, have experienced double-digit increases. On the other hand, some unreal world tokens, such as MANA and sandboxie games (sand), soared to 100%. The key point now is that inMetverse tokens and encrypted propertyWho will be in power in the second month of 2023?
Metverse token VS encryption property: towards a big bull market?
Encrypted property uses blockchain ledgers to promote buying and selling, and they can play a variety of roles. Metverse tokens well surpassed BTC (BTC) and Ethernet Square (ETH) in January 2023. In the past four weeks, the Decentaland (MANA) has risen to 150 per cent against the dollar. At this stage, the transaction price of MANA is about $0.781603, and the 24-hour volume is $222667196.
Sandboxie's game as a token has risen 92% in the past 30 years. Last Friday, sand traded at $0.756862, with a 24-hour volume of $208603213. Looking at the performance of sandboxie's game at this stage, many encryption investors feel that by the end of February 2023, this illusory world token can reach new heights.
Axie Infinity and ApeCoin are both the best-performing virtual reality tokens, up 80 per cent and 63.3 per cent year-on-year. In addition, BTC (BTC) is up 40 per cent this month, while ETH is up 33.5 per cent.
Overall, virtual reality tokens undoubtedly outperformed key cryptocurrencies in the first month of 2023, and if the situation remains the same, these tokens are sure to continue to rise in February.
Note: the information content in this article is only for reference to the creator's opinion and does not represent the analysis of investment value.