Metaverse-related cryptos surged in an exponential way this year. Axie Infinity, Decentraland, The Sandbox, Enjin Coin and Gala surged 37,000% combined, according to data from Macro Hive.
Floki Inu — which was created in August — is down 52% since a month ago, according to data from CoinGecko.
NFTs are a trillion-dollar opportunity
Popular investors like Ark Invest’s Cathie Wood and cryptocurrency giant Grayscale explained that the Metaverse could be a trillion-dollar opportunity.
The Sandbox, currently the leading VR platform in NFT sales has sold $70.6 million worth of NFTs in the last seven days, according to NonFungible data. Decentraland comes in second place with a total of $6.6 million.
The Floki Inu project is relying on multinational marketing campaigns to reach a wider audience. As of this writing, Floki Inu has reached 15 countries including the United Kingdom, Dubai, and India via displays at airports. The project has also partnered with sports teams and companies including India’s Kerala Blasters and Germany’s Bayer 04 Leverkusen, to name a few.
