Why Metaverse Tokens Are Getting Hammered in Crypto’s Market Sell-Off

Why Metaverse Tokens Are Getting Hammered in Crypto’s Market Sell-Off

While the future of metaverse and gaming tokens looks bright, there’s little real adoption in the present, according to one analyst

Metaverse and gaming-related tokens have suffered steep losses during a time when the broader crypto market is fighting through a weekend sell-off.

Decentraland (MANA), the top-ranking metaverse asset according to the cryptocurrency analysis firm Messari, is down 25% in the last seven days. MANA reached a market capitalization of $10 billion on Nov. 25 but now sits at $6.63 billion.

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