Data presented by FinancePR has indicated that market capitalization for Metaverse has hit $26 billion since debuting in 2020.
According to the data, the sector moved over $4 billion in 24 hours, growing its market share by 5.15 percent with a projection that it will grow at a CAGR of 41.7 percent between 2021 and 2030.
“The Metaverse has moved from being an abstract and niche concept into the physical world we live in. Virtual socializing platforms are increasingly gaining popularity driven by demand for digital ownership and simulated experiences,” comments Financepr.com’s Edith Reads.
The top 3 Metaverse tokens, according to Edith are Decentraland, which leads the way in market cap terms with a valuation of $4.52 billion. Sandbox and Axie Infinity have market capitalization of $ 3.82billion and $3.16billion respectively.