![\"Metaverse](\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2023\/02\/metsaaa-768x432.jpg\")
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During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland\u2019s MANA and The Sandbox\u2019s SAND rising 92-150% against the greenback.<\/strong><\/p>\n Metaverse crypto assets have outperformed both bitcoin (BTC)<\/a> and ethereum (ETH)<\/a>, the leading crypto asset and top smart contract token, respectively. In the past month, Decentraland\u2019s MANA<\/a> token has been the top performer, rising 150% against the U.S. dollar. Over the last two weeks, MANA climbed 7.3%, and in the past seven days, it rose 2.9%. On January 31, 2023, a single MANA was trading for $0.716 to $0.755 per unit.<\/p>\n The Sandbox\u2019s SAND<\/a> metaverse token has increased 92% in the past 30 days and has risen 5% in the last two weeks. However, despite the 30-day increase, seven-day metrics show a 7.5% decrease in SAND. On Tuesday, SAND was trading at a 24-hour spot price of $0.710 to $0.741 per unit. Another top-performing metaverse token this past month was Axie Infinity\u2019s AXS<\/a>, which has risen 80% higher than the previous month. In the last two weeks, AXS has climbed 21.5%, but it has fallen 11.4% in the last week. On Tuesday, AXS was trading at a price of $10.55 to $11.23 per coin.<\/p>\n Following Axie Infinity\u2019s AXS increase in value over the past month, the Apecoin project\u2019s APE<\/a> token has risen 63.3% in the same period. APE has increased 19.4% over the last two weeks, with 5.5% of those gains occurring in the past week. As of writing, a single APE is trading for prices ranging from $5.71 to $5.96 per coin. The token associated with the Internet Computer project ICP<\/a> has also risen 48.9% over the last 30 days. ICP has gained 16.5% over the past two weeks. On January 31, 2023, ICP was trading at prices between $5.65 and $5.88 over the last 24 hours.<\/p>\n A significant number of other metaverse tokens have risen in value this month as well, following a similar pattern to artificial intelligence (AI)-related cryptocurrencies. AI-based cryptocurrencies<\/a> have seen even greater gains compared to metaverse-related coins. However, metaverse-focused crypto assets have still performed better than the top two cryptocurrencies; bitcoin (BTC)<\/a> rose 40% this month, and ethereum (ETH)<\/a> increased 33.5%.<\/p>\nMetaverse Crypto Assets Outshine Bitcoin and Ethereum<\/h2>\n