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Fortune

Marco Quiroz-Gutierrez

Metaverse cryptocurrencies outperformed Bitcoin and Ether in January

Bitcoin metaverse Decentraland Fortune DappRadar

(Credit: Photo illustration by Fortune; original photos by Getty Images)

Metaverse tokens had a great January, outperforming Bitcoin and Ether, the two largest cryptocurrencies by market cap.

The cryptocurrencies associated with the Web3 metaverses The Sandbox and Decentraland, SAND and MANA, were up 94% and 156%, respectively, in January. Over the same period, Bitcoin rose about 40% and Ether added 33%, according to CoinMarketCap.

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