{"id":17136,"date":"2023-01-31T23:57:37","date_gmt":"2023-01-31T23:57:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/metaverse-tokens-outperform-top-crypto-assets-in-2023-with-decentralands-mana-leading-the-pack-metaverse-bitcoin-news\/"},"modified":"2023-01-31T23:57:37","modified_gmt":"2023-01-31T23:57:37","slug":"metaverse-tokens-outperform-top-crypto-assets-in-2023-with-decentralands-mana-leading-the-pack-metaverse-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/metaverse-tokens-outperform-top-crypto-assets-in-2023-with-decentralands-mana-leading-the-pack-metaverse-bitcoin-news\/","title":{"rendered":"Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack \u2013 Metaverse Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland\u2019s MANA and The Sandbox\u2019s SAND rising 92-150% against the greenback.<\/strong><\/p>\n

Metaverse Crypto Assets Outshine Bitcoin and Ethereum<\/h2>\n

Metaverse crypto assets have outperformed both bitcoin (BTC)<\/a> and ethereum (ETH)<\/a>, the leading crypto asset and top smart contract token, respectively. In the past month, Decentraland\u2019s MANA<\/a> token has been the top performer, rising 150% against the U.S. dollar. Over the last two weeks, MANA climbed 7.3%, and in the past seven days, it rose 2.9%. On January 31, 2023, a single MANA was trading for $0.716 to $0.755 per unit.<\/p>\n

\"Metaverse
MANA\/USD<\/figcaption><\/figure>\n

The Sandbox\u2019s SAND<\/a> metaverse token has increased 92% in the past 30 days and has risen 5% in the last two weeks. However, despite the 30-day increase, seven-day metrics show a 7.5% decrease in SAND. On Tuesday, SAND was trading at a 24-hour spot price of $0.710 to $0.741 per unit. Another top-performing metaverse token this past month was Axie Infinity\u2019s AXS<\/a>, which has risen 80% higher than the previous month. In the last two weeks, AXS has climbed 21.5%, but it has fallen 11.4% in the last week. On Tuesday, AXS was trading at a price of $10.55 to $11.23 per coin.<\/p>\n

\"Metaverse
SAND\/USD<\/figcaption><\/figure>\n

Following Axie Infinity\u2019s AXS increase in value over the past month, the Apecoin project\u2019s APE<\/a> token has risen 63.3% in the same period. APE has increased 19.4% over the last two weeks, with 5.5% of those gains occurring in the past week. As of writing, a single APE is trading for prices ranging from $5.71 to $5.96 per coin. The token associated with the Internet Computer project ICP<\/a> has also risen 48.9% over the last 30 days. ICP has gained 16.5% over the past two weeks. On January 31, 2023, ICP was trading at prices between $5.65 and $5.88 over the last 24 hours.<\/p>\n

A significant number of other metaverse tokens have risen in value this month as well, following a similar pattern to artificial intelligence (AI)-related cryptocurrencies. AI-based cryptocurrencies<\/a> have seen even greater gains compared to metaverse-related coins. However, metaverse-focused crypto assets have still performed better than the top two cryptocurrencies; bitcoin (BTC)<\/a> rose 40% this month, and ethereum (ETH)<\/a> increased 33.5%.<\/p>\n

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2023<\/a>, 24-hour spot price<\/a>, ai<\/a>, AI-based cryptocurrencies<\/a>, alternative cryptocurrencies<\/a>, APE<\/a>, Apecoin project<\/a>, Artificial Intelligence<\/a>, axie infinity<\/a>, axs<\/a>, Bitcoin<\/a>, Cryptocurrency<\/a>, Decentraland<\/a>, Decrease<\/a>, Ethereum<\/a>, Greenback<\/a>, ICP<\/a>, increase<\/a>, Internet Computer project<\/a>, January 31<\/a>, MANA<\/a>, Metaverse<\/a>, metaverse tokens<\/a>, metaverse-focused<\/a>, past month<\/a>, Price<\/a>, Rise<\/a>, SAND<\/a>, single unit<\/a>, smart contract token<\/a>, The Sandbox<\/a>, top performer<\/a>, US Dollar<\/a><\/div>\n<\/div>\n

What do you think is driving the success of metaverse tokens and do you see this trend continuing in the coming months? Share your thoughts in the comments below.<\/strong><\/em><\/p>\n

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\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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