Metaverse tokens show big gains in January with sector expected to reach $5 trillion value by 2030
A number of tokens in the metaverse sector have seen considerable gains over the last several weeks, with 18 of the top 20 tokens in the sector seeing gains of up +319%, over the last 30 days. $MAGIC and $HIGH, two metaverse tokens, are both up north of 300% in the last month.
In January 2023, McKinsey reported that the Metaverse sector could reach a $5 trillion value by 2030, led by a significant push from companies like Alphabet (Google), Apple, and Meta (Facebook), which have all expressed interest in developing this market.