Source: news.google.com
Metaverse tokens had a great January, surpassing Bitcoin and Ether, the two largest cryptocurrencies by market cap.
Cryptocurrencies associated with Web3’s The Sandbox and Decentraland metaverses, SAND and MANA, rose 94% and 156%, respectively, in January. Over the same period, Bitcoin rose 40% and Ether added 33%, according to CoinMarketCap.
The rise in value of metaverse tokens can be attributed to several factors depending on the platform, but one thing they have in common is the promise some people see in their developers, said Pedro Herrera, head of research at DappRadar.
“When you look at these projects, you see strong teams with very defined roadmaps and good communication and community plans,” he said. Fortune.
Decentraland jumped from 30…
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