Virtual real estate is booming in the Metaverse as the popular Altcoin saw millions of dollars in land sales in seven days.
According to a new report published by DappRadar, sales of virtual non-fungible tokens (NFTs) are just over $ 100 million in total for the major metaverse crypto assets Sandbox (SAND) and Decentraland (MANA).
SAND, a blockchain-based gaming world where users can buy, sell and trade digital assets, has NFT land sales of $ 86.5 million and MANA land sales of 1,550, a decentralized virtual gaming world. It was 10,000 dollars.
“Sandbox leads the pack in both trader numbers and sales, with the highest trading volume of over $ 86 million.
Decentraland follows second place, with more than $ 15 million exchanged for parcel NFTs. “
SAND sold MANA easily in the overall sense, but the most expensive lot of land sold was Decentraland’s Fashion Street Estate, which itself cost $ 2.4 million.
SAND is trading at $ 5.86, down 25% from the 7-day high of $ 7.83, and MANA is trading at $ 3.80, down 26% from the 7-day high of $ 5.15. I am.
Other crypto assets that have experienced significant land NFT moves are CryptoVoxels and Somnium Space, with sales of $ 2.7 million and $ 1.1 million, respectively.
According to the report, about 6,000 traders participated in the buying frenzy of all four altcoins last week.
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Featured images: Shutterstock / Voger Design / Sensvector