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.
If the bear market comes then surely prices of cryptocurrencies including the startups projects will fall but metaverse is not only for the cryptocurrency market it is here to stay that is why Facebook trusted the technology and trying to implement their social media into the real life which is kind of simulation so the projects may fail but the technology is to survive.