Consulting Giant Draws Attention To These 3 Metaverse Coin Projects!

Metaverse Coin: The crypto market gained strong momentum today, driven by superior performance from a number of niche industries. Among the winning groups that investors focused on this morning are projects related to the metaverse. Sandbox, Enjin Coin, and Decentraland from the metaverse coin market are among the coins that have caught the attention of consulting giant Fool.

Metaverse coin market is trending again with news of multiple partnerships

The demand for virtual world projects comes after a series of positive news. First, the various news that Time magazine was partnering with The Sandbox to develop a virtual reconstruction of New York City got investors excited. As we have reported, this cooperation was announced yesterday. As a result, TIME Magazine is partnering with The Sandbox.

Second, accounting firm KPMG announced that the company will launch a virtual “collaboration hub” aimed at connecting employees and clients through the metaverse. Now, the realization of various training and cooperation events in the metaverse sector is on the agenda. While the company doesn’t seem to have chosen a platform yet, KPMG stated that the company will continue to look for opportunities in the Web3 and crypto market.

Predictions for the future of the metaverse market

The excitement around the Metaverse land sales isn’t over yet. At the same time, metaverse coins and projects are gaining acceptance from institutional investors. Various estimates pin the total value of the metaverse market to between $8-13 trillion by 2030. According to experts, if metaverse projects continue to be adopted institutionally, many projects will remain on the agenda of crypto investors.

What will happen now? What can analysts expect?

The cryptocurrency market is recovering from a rather gloomy weekend. Most tokens have slumped to new annual lows, with many not seen in a few years. Accordingly, it is easy for investors to show a bearish bias to this market. However, today’s impressive rise in these metaverse-linked tokens could be a sign that the market is still willing to price with good news.

Meet 3 Notable Metaverse Coins

For these three metaverse coins, investors will want to watch how adoption and partnerships ultimately work. If a solid ecosystem can be built, the metaverse market will remain on trend. Indeed, despite the late performance of these coins, they quickly trended up. They have also become the industry worth exploring in the crypto world.

price analysis

There are 3 projects that shine in the metaverse coin market today: Sandbox, Enjin Coin and Decentraland. MANA is holding around 3% of its earnings for the last 24 hours at the time of writing. It gained double-digit value at one point yesterday. SAND token performed similarly. It is now trading in the green 8% over the last 24 hours. Finally, SAND topped the list, up 3%. However, they have lost more than 90% of their value from their peak prices.

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Larry Brown

I graduated from Yale University, Department of Television. I have been a professional news writer for 3 years. I am continuing my career here by establishing site 3 months ago.