Metaverse Cryptos Skyrocket Amid Meta Platforms' Plunge

A few of its decentralized competitors saw significant gains over the past seven days.

What Happened: Coingecko data reveals that metaverse platform Decentraland (CRYPTO: MANA) saw its tokens rise considerably from a seven-day low of $2.16 to its current price of $2.61, up 20.3%.

Similarly, tokens of Decentraland competitor The Sandbox (CRYPTO: SANDrose from its seven-day low of $3.29 to the current price of $3.62, up 16.6%.

See Also: DECENTRALAND VS. THE SANDBOX

While Decentraland and The Sandbox have much in common, there are some key differences. Both the platforms sell virtual land parcels in their versions of the metaverse for real money, but Decentraland has 90,601 parcels and The Sandbox has 166,464 plots. Decentraland is the older platform of the two and is the original 3D decentralized metaverse platform that boosts a more decentralized approach, but The Sandbox has better graphics.

Photo: NASA-Imagery from Pixabay 

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