Prices of virtual lands on some of the <a href="https://www.cryptoknowmics.com/news/top-metaverse-coins-by-market-capitalization/" target="_blank" rel="noopener">top metaverse</a> have declined significantly from their peak prices of 2022, with most depreciating around 90% in value. Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value.
<h2>Voxels' cash-strapped business misses despite Apple's VR headset</h2>
[embed]https://twitter.com/udiWertheimer/status/1658205805743579146[/embed]

The cheapest land in the metaverse could be found in <a href="https://www.coingecko.com/research/publications/metaverse-land-prices#:~:text=How%20much%20does%20metaverse%20land,with%20prices%20varying%20across%20projects." target="_blank" rel="nofollow noopener">Voxels</a>, which sells for 0.16 ETH. Voxels’ virtual properties faced a 93.8% loss, as did Somnium. Despite the massive drop in prices, Voxels remains optimistic about a comeback. Tech giants and major economies continue to test the ultimate potential of the metaverse through various investments and initiatives.

eToro market analyst Josh Gilbert said the new headset could set the markets ablaze, considering Apple’s proven record of delivering high-quality, market-shifting products.

Massive Losses Are Suffered By Top Metaverse Property Investments

Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value.

Sonakshi is into the crypto world ever since she heard about it and is pursuing her interest through Cryptoknowmics. She is a sensational poet, technical writer and content strategist.

Massive Losses Are Suffered By Top Metaverse Property Investments

Top Picks