Metaverse tokens up 400% year on year despite altcoin bloodbath
Cointelegraph
Published Jun 07, 2022 11:01PM ET
Updated Jun 09, 2022 12:40AM ET
Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year on year.
Leading the gains are Decentraland’s MANA (up 41%), The Sandbox’s SAND (up 470%), Axie Infinity’s Axie Infinity Shards (AXS) (up 511%), and Stepn’s GMT (up 746%), according to data from Kraken Intelligence and CoinGecko’s May 2022 market report. Metaverse tokens can be used to pay fees, buy land and participate in governance.
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Written By: Cointelegraph
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