Prices of virtual lands on some of the top metaverse have declined significantly from their peak prices of 2022, with most depreciating around 90% in value. Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value. Voxels’ cash-strapped business misses despite Apple’s VR headset The cheapest land in the metaverse could be found in Voxels, which sells for 0.16 ETH. Voxels’ virtual properties faced a 93.8% loss, as did Somnium. Despite the massive drop in prices, Voxels remains optimistic about a comeback. Tech giants and major economies continue to test the ultimate potential
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