Following Facebook’s announcement that it will rebrand as “Meta” as a way to “bring the metaverse to life,” the price of crypto metaverse tokens has increased by even 100%.
MANA, the token of Decentraland, has gone up 100% from yesterday, now being worth $3.39. Meanwhile, the native token for The Sandbox, SAND, has gained 35% and reached a new ATH of $2.41.
The Metaverse Index token, which is a tokenized index fund that keeps track of the price of top metaverse tokens has grown by 20% overnight and by 50% across the previous week.