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Benzinga
Benzinga
Business
Adrian Zmudzinski

Metaverse Cryptos Skyrocket Amid Meta Platforms' Plunge

Decentraland Facebook Instagram Meta

Meta Platforms Inc (NASDAQ:FB) — the metaverse company behind Facebook and Instagram — saw its stock plunge 26% Thursday. The company is currently on pace for its worst one-day decline in history following weak earnings results.

A few of its decentralized competitors saw significant gains over the past seven days.

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