In 2022, the entire Web3 industry has experienced a combination of factors such as the cold winter of cryptocurrencies, the closure of exchanges, and the bear market in the general environment. Most of the several metaverse lands that were once popular at the beginning have now plummeted in an "avalanche".
5 well-known metaverse lands that have long lost their glorious days
According to the statistics of CoinGecko , the prices of five well-known metaverse lands have dropped quite astonishingly since January 2022 to the present. In this data research material, CoinGecko analyzed five well-known Metaverse games, including Otherdeed for Otherside, The Sandbox, Decentraland, Somnium Space, and Voxels Metaverse, and pointed out that "As of May 24, 2023, the floor price of Metaverse land has It falls back to between 0.37 ETH and 1.09 ETH , and the price varies depending on the project." The cheapest in the metaverse land is that you can buy it at the price of 0.16 ETH in Voxels.
According to data from CoinGecko, Voxels fell the most to 93%. After seeing such data, Voxels posted a wry smile on the official Twitter saying that he still ranks 5th, and said that in the environment of the cold winter of encryption, the only thing Voxels can do is to continue to build infrastructure, while the other 4 virtual land providers are Didn't respond much to this.
Before the deadline of this article (28th), these land prices that once made investors crazy have undergone some small changes. The land floor price of Otherdeeds is only 1.05 ETH, the land floor price of Sandbox is now 0.5 ETH, and the land floor price of Decentraland It is 0.538 ETH(data intercepted from CoinGecko) .
