The realm of metaverse tokens has recently seen a surge in value, with various tokens experiencing significant gains ranging from a solid 2% to an impressive 28%.
As excitement surrounding these tokens grows, a tweet from CoinGecko has sparked a comparison between the metaverse token surge and the highly-anticipated launch of Apple’s AR/VR headset.
One of the top gainers in this trend is ICP, which has seen a 2.3% increase in the last 7 days. Developed by the Swiss nonprofit organization Dfinity Foundation, ICP aims to revolutionize the centralized internet that currently dominates the digital landscape.
Sandbox (SAND) is another token on the rise, with reports of a 4.6% increase in the last week. Similar to Decentraland’s MANA, SAND tokens can be earned and used within The Sandbox, creating an immersive economic system.
While the metaverse is still in its early stages, recent reports show that prices have been struggling. However, Render Network has seen the biggest increase on the list, with a 28.5% rise in the last week. The platform aims to create a decentralized network of computers that provide high-performance computing services, focusing on rendering power that surpasses local systems.
In addition to these gains, news about Apple’s AR/VR release has also surfaced. Palmer Luckey, the founder of Oculus, shared a Tweet about Apple’s upcoming XR headset, expected to be unveiled at the Worldwide Developers Conference (WWDC) next month. Luckey praised the product, calling it “so good”.
Apple’s journey into the metaverse began in 2015, with the tech giant using products like Samsung’s Gear VR and the HTC Vive as starting points. Through trials and experiments, Apple showcased prototypes to high-ranking executives and board members, leading to the development of their AR/VR headset.
As the metaverse continues to evolve, both in terms of tokens and technology, the future looks promising for this emerging digital landscape.