SAND, MANA Tokens Surged in November as Crypto Traders Bet on ‘Metaverse’ Potential

SAND, MANA Tokens Surged in November as Crypto Traders Bet on ‘Metaverse’ Potential
Virtual worlds are invading the world of virtual currencies.Hype over the untapped value of the “metaverse” sent tokens such as Sandbox’s SAND, Decentraland’s MANA and others to all-time highs in November amid surging interest from cryptocurrency traders and Wall Street alike.The metaverse is a digital world combining elements of augmented and virtual reality, the internet, gaming, art, culture and social networking. Participating in these worlds usually requires a user to use cryptocurrency tokens or purchase objects in the virtual world, which are typically sold as non-fungible tokens (NFTs).The price rallies followed Facebook’s announcement in October that it would rebrand as…