Cryptocurrencies
Metaverse Coins Top Bitcoin Gains This Year, Macro Hive Says
- Meta coin index up 37,000%, while Bitcoin gains almost 100%
- Returns ‘turbocharged’ by Facebook name change to Meta
Axie Infinity
Source: axieinfinity.com
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A hypothetical iteration of the internet called the metaverse appears to be the hottest trend in cryptocurrencies this year, beating even the world’s largest digital asset.
That’s what U.K.-based research firm Macro Hive’s crypto indexes show, with meta-related coins up 37,000% this year compared to Bitcoin’s nearly 100% gain. They also show the growing performance gap between Bitcoin and still-proliferating alternative tokens.