Metaverse’s Virtual Lands in Crisis as Prices Plummeting in 2023
- Antwan Koss
- May 26, 2023
- news, Crypto, Metaverse
- Digital, MANA, metaverse, Token, Virtual
- 0 Comments
Landowners within the Metaverse are currently facing a challenging period, with land values plummeting by 80-90% since the previous year. The decline is attributed to the waning interest in the Metaverse sector and the ongoing downturn in the cryptocurrency market. The average price for virtual land parcels in the six major Ethereum metaverse projects has dropped from roughly $17,000 in …
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