Metaverse Weekly Plunge: SAND, AXS, and MANA Down Over 40% - What's Next?
The metaverse is experiencing a turbulent week. Holders of popular metaverse tokens like SAND, MANA, and AXS are feeling the pinch as prices have plunged by over 40%. This significant downturn raises concerns about the future of these digital assets and the overall metaverse landscape.
Metaverse Token Price Slump Hits SAND, MANA, AXS Holders
This week has been particularly brutal for investors in these metaverse cryptocurrencies. Metaverse token price slump hits SAND, MANA, AXS holders. Crypto Outlooks are being reassessed as the market reacts to various factors.
Unwanted Milestones for SAND, MANA, and AXS
All-in-all, the three metaverse tokens bagged some unwanted milestones this week. From significant price drops to losing market capitalization, the news hasn't been good for these digital assets. In terms of percentage changes, SAND was the biggest loser, followed by MANA.
Mini Market Crash Amplifies the Downturn
The situation has been compounded by a wider market downturn, impacting even established cryptocurrencies. Now, throw in a mini market crash. This broader market volatility has further exacerbated the declines in SAND, MANA, and AXS.
AXS Under Pressure: Current Price and Market Cap
At press time, AXS was the 50th biggest crypto by market cap, changing hands at $28.60 after falling by 15.55% in a day and losing… Market observers are closely monitoring AXS to see if it can recover from this recent dip.
SAND's Brief Bullish Surge - A Distant Memory?
While recent performance is concerning, it's worth remembering that SAND gained over 110% on its weekly chart and formed a massive god candlestick over the weekend. That saw it entering the bullish range, signaling an upside. However, this positive momentum has clearly faded.
State of the Metaverse: Are MANA, SAND, and AXS Poised for Revival?
The big question now is whether MANA, SAND, and AXS can bounce back. State of the Metaverse – Are MANA, SAND, and AXS Poised for Revival? 2 de sept. de 2025 (Note: The date in the snippet refers to the publication date of the source material and is not a prediction of future events).
Significant Market Cap Decline Highlights the Severity
The overall market cap of these metaverse tokens has taken a substantial hit. Concisely put, the cumulative market cap of ENJ, MANA, AXS, and SAND has dropped 92% from $16 billion to $1.23 billion between Nov 2025 and Sept 2025. But more… This dramatic decline underscores the challenges facing the metaverse sector currently.
The coming weeks will be crucial in determining whether SAND, MANA, and AXS can regain their footing and attract renewed investor confidence.