Apple’s new headset could put a rocket under metaverse tokens

Apple is arranged to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some think might breathe fresh life into the metaverse industry.In January, the native tokens of blockchain-based metaverse tasks Decentraland (MANA) and Sandbox (SAND) witnessed substantial rises in rate, due partially to swirling reports about Apples endeavor into combined reality.This pattern was mentioned in a May 15 tweet from independent designer Udi Wertheimer, who in a backhanded comment to the absurdity of influencer-driven memecoins, spoke of the upcoming release as a prospective driver of metaverse token prices.CT is completely oblivious to the fact that Apple is about to release a combined truth headset in 3 weeksMetaverse shitcoins are going to pump so difficult its not even funnyBut you idiots keep buying influencer coinsOk– Udi Wertheimer ♂ (@udiWertheimer) May 15, 2023

Its likewise worth pointing out that while lots of crypto market individuals right away correlate the principle of virtual reality with “metaverse tokens,” Decentraland is still in the process of developing out its VR abilities and The Sandbox formerly informed Cointelegraph it has “no immediate or future plans” to develop out VR.Speaking to this point, Gilbert, like many others keeps in mind that a totally immersive metaverse experience is most likely still a “long method off” especially when looking at the gap between the initial launch of the iPhone and the availability of apps that completely understood the hardwares potential.In his view, the performance of metaverse tokens like MANA and Sandboxs SAND token will be more reliant on the widespread uptake of the metaverse among daily users. “The bottom line is that we are still really early in the metaverse world, and their performance will rely greatly on the appeal of the Metaverse in the future.The metaverse and the cryptocurrencies associated with it, including MANA and SAND exploded in popularity during the 2021 crypto bull run as a myriad of jobs– backed by apparently bottomless war chests of venture capital– assured to create groundbreaking immersive virtual worlds for users. According to a report from Apple item soothsayer Mark Gurhman, the California-based tech giants brand-new headset is set to introduce on June 5, marking the very first significant item release because the Apple Watch in 2015.