Why Metaverse Cryptos Decentraland, Alien Worlds, Enjin Coin Plummeted Saturday Morning

The past two weeks have provided significant volatility for crypto investors late-Friday and early Saturday morning. This week, this sell-off permeated into the price action of various high-flying metaverse-related cryptocurrencies.

Popular metaverse coins Decentraland (CRYPTO: MANA), Alien Worlds (CRYPTO: TLM), and Enjin Coin (CRYPTO: ENJ) all saw declines of 10.5% or more at their 24-hour lows this morning.

These tokens have all recovered the vast majority, if not all of their losses, since this early morning decline. In fact, Decentraland is currently up around 2.3%, as of 12:15 p.m. ET, with Alien Worlds and Enjin Coin trading about flat over the past 24 hours.

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Source Fool.com