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These metaverse tokens are surging this week ahead of Sandbox's gaming launch, and as buyers snap up virtual land
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The cryptocurrency market has had a bumpy week or two, but there's one set of tokens that has soared in the last week. With momentum around the metaverse growing daily, the tokens attached to the virtual world have soared in the last week.
The biggest catalyst has been social media platform Facebook changing its name to Meta in late October, in a nod to the company's commitment and focus on building out its own metaverse — the next step in the evolution of online life.
Sandbox, a Hong Kong-based gaming platform, has recently drawn in millions in funding, including from backers like SoftBank, as it gears up to launch its play-to-earn metaverse capabilities. The company said last week it would open up part of its metaverse from
Read more on markets.businessinsider.comAbout this in other media
Hype around the metaverse drove NFT tokens up 42% in November, making it the best performing cryptocurrency sector markets.businessinsider.com /3 years ago
Much-awaited SundaeSwap public testnet launch postponed over technical snafu ambcrypto.com /3 years ago
Metaverse: Non-existent yacht sells for $6,50,000 in most expensive NFT deal cnbctv18.com /3 years ago
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