November 8, 2024

Rise To Thrive

Investing guide, latest news & videos!

Top metaverse property investments suffer massive losses: Report

1 min read
Top metaverse property investments suffer massive losses: Report

Prices of virtual lands on some of the top metaverses have declined significantly from their peak prices of 2022, with most depreciating around 90% in value.

A

IPhone manufacturer Apple will soon release a mixed-reality headset, which could reignite global interest in the metaverse.

Speaking to Cointelegraph, eToro market analyst Josh Gilbert said the new headset could set the markets ablaze, considering Apple’s proven record of delivering high-quality, market-shifting products. Gilbert stated:

“When Apple does it, they usually do it right.”

According to a report from Apple product soothsayer Mark Gurhman, the new Apple headset is set to launch on June 5.

Magazine: Home loans using crypto as collateral: Do the risks outweigh the reward?