Metaverse Coin Projects Stagnant

cryptocoin.com As you can follow from the news, with the transformation of Facebook to Meta, the focus of attention of the last period has been the metaverse. Of course, the crypto market was affected the most and metaverse coin projects shone. The interest of technology giants such as Microsoft and Facebook in Metaverse has caused altcoin projects working in this field to come to the fore. For example, metaverse crypto projects Decentraland (MANA), The Sandbox (SAND), and Axie Infinity (AXS) hit all-time highs within a week. But they seem to be in a lull this week. At the time of writing, according to CoinMarketCap data, in the last 24 hours, MANA was down 047% at $2.80, SAND was down 0.55% at $2.63 and AXS was down 0.29% at $1161.66.

Meta and metaverse coin projects came to the fore

With the popularity of Metaverse, investors who invested in these products and metaverse coin projects in the early stages, where virtual reality technology and play-win-themed projects came to the fore, made very sweet profits. Real Vision CEO Raoul Pal, who says he is aware of the metaverse current, says that the next 10 years will see the fastest and biggest technology change in human history:

Never mind. What Meta/Facebook with Diem and Metaverse experience is doing is a way to involve billions of people in the Blockchain technology world.

According to the CEO of Real Vision, 25-year-olds have a big advantage over everyone else. Raoul Pal thinks that with the ongoing technological development in the world, after 10 years we will all feel outdated and we will have to rely on the younger generation to show us new ways. The famous CEO states that the adoption of Metaverse technology will increase gradually and makes the following statement:

Adoption in the Metaverse may not be what you want, but it’s what it is. We have a choice whether to participate or not. It is very different from the physical world. The way you think about the meta is just about where you get stuck.

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