While the preparations for the second bull continue in Bitcoin and altcoins, projects focusing on the Metaverse continue to come to the fore.
The interest of technology giants such as Microsoft and Facebook in Metaverse caused the stars of projects working in this field to shine.
Many projects that wanted to benefit from this interest of investors were also showcased with new IDOs in this process.
Investors who invested early in these products, where virtual world, VR technology and play to earn-themed projects came to the fore, made very good profits.
According to CryptoRank data, in this trend that started in October, the projects that earned the most after their IDOs were:
We see that Bloktopia is in the first place. The project, which has increased by 700% compared to its initial sale price, is currently at the top of the list with a profit rate of 429%.
The list continues with ACK, RENA, SIN, DARK, HERA and LFW.
These projects, which are positively affected by the Metaverse trend, seem to have put a smile on the face of early investors. Currently, we see that many Metaverse projects are pre-sale. At this point, we think that it is important to participate in the pre-sales of quality platforms to reduce the risks.
Although such pre-sales have a high rate of profitability, they are also types of investments with a high risk rate. For this reason, experts remind that investors who will participate in such pre-sales should enter with an amount that they will not be upset when they lose or the project fails.
*Not Investment Advice.