Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
Why just Metaverse, we can pretty much say that about all the technologies in the crypto space.
Whether it be NFTs, Dapps, DeFis etc... Every platform will have an impact on it and will face the dump.
But I think that now since the market is recovering a little we might not see the bear trend we were anticipating.
If things keep going like this then may be in the next 2-3 months we might get back to the 60k range.
Well, everything that are in hype right now will probably fade away and lose their value after some time. Of course, this is not just for metaverse but definitely for all that experiencing hype right now. But the good thing about this metaverse, those who have taken advantage in its early days are now experiencing profits. However, when it comes to its projects, until now they have not proven their value in the market so might as well, these projects are just the same with the old shitcoins and meme coins who have never experienced their best days in the market because they suddenly disappear.
In the crypto world, new trends always emerge, therefore NFT or Metaverse coins will one day be replaced with something new. It's the same thing
when ICOs, IEOs and DeFi were finally abandoned by investors who started turning to NFT and Metaverse. In this world nothing lasts forever,
as is the current trend, so take advantage of projects that are currently hype for short-term profit. Don't even think about long-term investments
in projects that only rely on hype to get them up. So there is nothing wrong with investing in Metaverse coins now, it will give us profit if
we understand how the crypto world works. So we know when to buy and sell Metaverse coins, which is definitely too risky if investing in
Metaverse coins in the long term.
If you know what you're doing, you can very well invest on meta projects. But yes, you should know to what extent you will hold these tokens or coins. As new hype is always at bay, you should also bear in mind that once the hype is over, their value can very well decline fast.