Popular Metaverse Altcoins See $ 100,000,000 In Virtual Real Estate Sales In One Week: Report – .

Popular Metaverse Altcoins See $ 100,000,000 In Virtual Real Estate Sales In One Week: Report – .

Virtual real estate is booming in the metaverse as popular altcoins saw millions of dollars in land sales over seven days.

A new report released by DappRadar reveals that sales of virtual non-fungible (NFT) tokens are landing on the main metaverse crypto assets, The Sandbox (SAND) and Decentraland (MANA) totaling just over $ 100 million.

SAND, a blockchain-based game world where users can buy, sell and trade digital assets, recorded $ 86.5 million in sales of NFT land on its own, while the decentralized virtual game world MANA has recorded $ 15.5 million in land sales.

“The Sandbox leads the pack with the most merchants and sales. It also had the highest transaction volume with over $ 86 million.

Decentraland follows in second place with more than $ 15 million traded for land NFTs.

While SAND largely surpassed MANA in a global sense, the most expensive land sold was Decentraland’s Fashion Street Estate, which cost $ 2.4 million on its own.

SAND trades hands at $ 5.86, down 25% from its seven-day high of $ 7.83 while MANA is trading at $ 3.80, down 26% from its seven-day high of $ 5.15.

Other crypto assets that saw significant terrestrial NFT movement were CryptoVoxels and Somnium Space, which recorded $ 2.7 million and $ 1.1 million in sales, respectively.

Source: DappRadar

According to the report, around 6,000 traders participated in the buying frenzy on the four altcoins last week.
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Image en vedette: Shutterstock / Voger Design / Sensvector


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