Metaverse crypto projects are enjoying a healthy surge this year, easily outstripping the decentralized finance (DeFi) segment. Tokens tied to metaverse and gaming projects Enjincoin, Axie Infinity, Decentraland, The Sandbox, STEPN and Apecoin have all soared over a 30-day and year-to-date basis. Overall, crypto’s metaverse sector is up 105% year-to-date as of 8pm, ET and 62% over the last 30 days, according to Index Coop’s Metaverse Index (MVI). “Investors are becoming increasingly interested in Web3 games and platforms that they believe can take a fair slice of the games market,” Simon Kertonegoro, CEO of MyMetaverse told Blockworks. (Blockworks)
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Metaverse Crypto Sector Bounces Hard, Outperforms DeFi
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