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Cryptoknowmics 2023-05-27 09:42:17

Massive Losses Are Suffered By Top Metaverse Property Investments

Prices of virtual lands on some of the top metaverse have declined significantly from their peak prices of 2022, with most depreciating around 90% in value. Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value. Voxels’ cash-strapped business misses despite Apple’s VR headset The cheapest land in the metaverse could be found in Voxels, which sells for 0.16 ETH. Voxels’ virtual properties faced a 93.8% loss, as did Somnium. Despite the massive drop in prices, Voxels remains optimistic about a comeback. Tech giants and major economies continue to test the ultimate potential The post Massive Losses Are Suffered By Top Metaverse Property Investments appeared first on Cryptoknowmics-Crypto News and Media Platform .

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