Home Metaverse Metaplatforms vs. Disney: Why Disney is a Better Buy for Metaverse (DIS)

Metaplatforms vs. Disney: Why Disney is a Better Buy for Metaverse (DIS)

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Metaplatforms vs.  Disney: Why Disney is a Better Buy for Metaverse (DIS)

Source: news.google.com

Disney Academy of Dreamers 2022

Julio Aguilar/Getty Images Entertainment

I warned investors of my marketplace subscription service that Meta Platforms (NASDAQ: META) was heading for more losses at $163. The stock has now shown signs of bottoming out at the $123 level I projected. Any advantage in Meta will be being slow due to a stagnant Facebook platform and a huge investment in a metaverse flop. In this article, I will discuss why Disney (New York Stock Exchange: DIS) is the best metaverse game.

The metaverse is set to be the future of commerce.

In December 2021, Bloomberg analysis said that metaverse revenue could reach $800 billion by 2024. This was a huge increase from a previous prediction of $500 billion and the cryptocurrency bear market may have pushed it. even more.

In another McKinsey analyst report, which was written…

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