Apple's Metaverse Move Is Insufficient for Coins - Coinleaks
Current Date:November 7, 2024

Apple’s Metaverse Move Is Insufficient for Coins

tech giant applewith VR/AR glasses yesterday evening to the metaversetook a step forward, but the decline that started in Bitcoin (BTC) also brought Metaverse coins to the bottom.

Apple’safter the announcement made in the past few days, metaverse related projects lost their influence when the SEC sued Binance. This situation, which deeply affected the altcoin market, clearly dropped the Metaverse coins. Metaverse coins, which covered the list of the most depreciating days of the day, created fear in investors.

Metaverse Tops the Losers List

According to data from CoinMarketCap, Metaverse projects are usually on the list of the most depreciating ones in the last 24 hours. The Sandbox ( SAND), Decentraland ( MEANING), falling 11.65 percent, ranks fourth in the list.

The Metaverse frenzy, which rose steadily until the SEC targeted Binance, lost its momentum with this event. It is a matter of curiosity how the Metaverse projects, where sales-oriented transactions are increasingly predominant, will continue from now on.

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