{"id":5921,"date":"2023-01-02T04:25:04","date_gmt":"2023-01-02T04:25:04","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=5921"},"modified":"2025-12-30T08:13:24","modified_gmt":"2025-12-30T08:13:24","slug":"metaverse-ranks-worst-performing-crypto-sector-of-the-year","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/metaverse-ranks-worst-performing-crypto-sector-of-the-year\/","title":{"rendered":"Metaverse Ranks Worst Performing Crypto Sector of the Year"},"content":{"rendered":"\n<p>According to a recent annual report by the crypto market research firm Arcane Research, &#8220;metaverse,&#8221; one of the most searched crypto terms in 2021, emerged as the biggest loser of 2022. The report highlights that the once-thriving industry saw a dramatic decrease of 89% throughout 2022.<\/p>\n\n\n\n<p>In contrast, the sector least affected over the year was cryptocurrencies with a focus on privacy. Projects such as Monero, ZCash, and Dash experienced a 47% loss since the start of the year, which compares favorably to the 58% loss reported for exchange tokens.<\/p>\n\n\n\n<p>Bitcoin, the pioneering cryptocurrency, and Ethereum, its most significant successor, declined by 65% and 68%, respectively.<\/p>\n\n\n\n<p>Following Metaverse tokens, the second most significant loss was recorded in alternative layer-1 blockchain projects. Platform tokens, including BNB, suffered an average loss of 85% over the year.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">What is Metaverse? The Rise and Fall of the Metaverse to the Top<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"765\" height=\"449\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/01\/metaverse.webp\" alt=\"Metaverse Ranks Worst Performing Crypto Sector of the Year\" class=\"wp-image-5922\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/01\/metaverse.webp 765w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/01\/metaverse-300x176.webp 300w\" sizes=\"(max-width: 765px) 100vw, 765px\" \/><figcaption class=\"wp-element-caption\">Metaverse Ranks Worst Performing Crypto Sector of the Year<\/figcaption><\/figure>\n\n\n\n<p>The term &#8220;metaverse,&#8221; merging virtual reality technology with blockchain networks, translates to &#8220;virtual world&#8221; in Turkish.<\/p>\n\n\n\n<p>Following the crypto bull market last year, the world&#8217;s largest social media platform, Facebook, rebranded its main group name to Meta, which propelled the local tokens of metaverse projects to soar significantly.<\/p>\n\n\n\n<p>However, the bear market that commenced towards the year&#8217;s end has profoundly impacted the metaverse sector, which was the previous year&#8217;s largest beneficiary.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">You may also like this content<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><\/ul>","protected":false},"excerpt":{"rendered":"<p>According to a recent annual report by the crypto market research firm Arcane Research, &#8220;metaverse,&#8221; one of the most searched crypto terms in 2021, emerged as the biggest loser of 2022. The report highlights that the once-thriving industry saw a dramatic decrease of 89% throughout 2022. In contrast, the sector least affected over the year &hellip;<\/p>\n","protected":false},"author":1,"featured_media":5917,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[322],"tags":[318],"class_list":["post-5921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse1","tag-metaverse-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/5921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=5921"}],"version-history":[{"count":0,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/5921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/5917"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=5921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=5921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=5921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}