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Metaverse Mania: Is Decentraland the Next Roblox?


Everyone is talking about the metaverse lately. The promise of people socializing and conducting business in interactive virtual worlds has investors and major corporations alike scrambling to get a ground-floor position in this potential "next big thing" trend. Roblox (NYSE: RBLX) stands as one of the biggest players in the space and has climbed to a market capitalization of roughly $76.5 billion thanks to strong engagement, but it's not the only fast-growing metaverse platform.

Decentraland (CRYPTO: MANA) is a metaverse that's built on top of the Ethereum blockchain, and its MANA cryptocurrency token has seen stellar gains this year amid surging interest in both digital currencies and interactive virtual platforms. MANA is up roughly 6,000% across 2021's trading, and some investors are betting that its run is just getting started.

Image source: Getty Images.

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Source Fool.com

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