RIP metaverse: Land values capitulate as $24M metaverse plot collapses to just $9,000

Metaverse land never recovered. The numbers now show how far it fell The biggest metaverse land deals of the 2021 and 2022 boom now map to four- and five-digit values when priced against current collection floors, rather than the six- and seven-figure valuations buyers once paid. The decline runs through the entire metaverse land trade. A CoinGecko study found that average metaverse land prices were already down 72% …