This is the first monthly update for the Metaverse Index (MVI), and we are excited to share our thoughts with the community. As we tend to do at Index Coop, we launched MVI at somewhat of a local top, just as the hype around NFTs and the metaverse was getting unbearable. This timing certainly played a role in the performance of MVI since its launch on April 7th. As the space cooled off, MVI returned -7.6%, underperforming ETH, BTC and DPI.
Metaverse Index Monthly Update - April 2021
Metaverse Index Monthly Update - April 2021
Metaverse Index Monthly Update - April 2021
This is the first monthly update for the Metaverse Index (MVI), and we are excited to share our thoughts with the community. As we tend to do at Index Coop, we launched MVI at somewhat of a local top, just as the hype around NFTs and the metaverse was getting unbearable. This timing certainly played a role in the performance of MVI since its launch on April 7th. As the space cooled off, MVI returned -7.6%, underperforming ETH, BTC and DPI.