Home Metaverse Metaverse Token Trading Volumes on Centralized Exchanges Drop to All-Time Lows

Metaverse Token Trading Volumes on Centralized Exchanges Drop to All-Time Lows

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Metaverse Token Trading Volumes on Centralized Exchanges Drop to All-Time Lows

Source: finbold.com

Metaverse Token Trading Volumes on Centralized Exchanges Drop to All-Time Lows

The metaverse attracted a lot of unwanted attention on Oct. 7 after CoinDesk reported using data from DappRadar that two of the most well-known metaverse cryptocurrencies, Decentraland (MANA) and The Sandbox (SAND), had only 38 daily active users and 522 users. , respectively.

Although these numbers have since come into question due to the way DappRadar defines active users. However, the latest figures on October 18 from DappRadar suggest that Decentraland currently has 650 daily active unique wallets (UAWs), or people interacting with the dApp, which is identified as a decentralized application operating on a blockchain without a core administrator.

New numbers of daily active users on Decentraland. Source: DappRadar

As a result, metaverse tokens were found…

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