At the start of 2023, two of the most popular cryptocurrencies, Bitcoin and Ethereum, saw double-digit growth against the US dollar. But some of the Altcoins saw even bigger growth, with Metaverse tokens such as Decentraland’s MANA and The Sandbox’s SAND rising by around 92-150% compared to the greenback.
In the last month, Decentraland’s MANA token has been the best performer, having increased by 150% against the US Dollar. The token has risen by 7.3% in the last fortnight and 2.9% in the last week. On January 31st, 2023, it was trading for between $0.716 and $0.755 per coin.
The Sandbox’s SAND token has also seen a significant 92% increase in the last 30 days, though it has decreased by 7.5% in the last week. On Tuesday, it was trading for between $0.710 and $0.741 per coin.
Axie Infinity’s AXS was another top performer, increasing by 80% in the previous month. The token has risen by 21.5% in the last two weeks, but has seen a 11.4% drop in the last seven days. On Tuesday, AXS was trading at a value of between $10.55 and $11.23 per unit.
Other Metaverse tokens have also seen a surge in value, including Apecoin’s APE token, which has increased by 63.3% in the past month. The APE token has seen a 19.4% rise in the last fortnight and 5.5% in the past week, with a single APE trading for between $5.71 and $5.96 as of writing.
The Internet Computer’s ICP token has also seen a 48.9% increase in the past 30 days, with 16.5% growth in the past two weeks. On January 31st, ICP was being bought and sold for between $5.65 and $5.88 for the past 24 hours.
While Artificial Intelligence (AI) related cryptocurrencies have seen even larger growth, Metaverse tokens still outperform the major crypto assets. Bitcoin has seen a 40% increase and Ethereum is up 33.5% this month.
