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Metaverse tokens up 400% year on year despite altcoin bloodbath -Breaking

by Mike Robinson

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Metaverse tokens are up 400% per year, despite the altcoin bloodbath

In the bearish current condition, Metaverse tokens outperform all crypto types by more than 400% annually.

Leading the gains are Decentraland’s MANA (up 41%), The Sandbox’s SAND (up 470%), Axie Infinity’s Shards (AXS) (up 511%), and Stepn’s GMTAccording to Data from Kraken Intelligence and CoinGecko’s May 2022 market report. Metaverse tokens are able to be used for fees, land purchase and participation in governance.

Metaverse tokens have increased by nearly 400% over the past year. Source: Kraken Intelligence