🔍 Metaverse Tokens: Investor Conviction Remains Strong

Despite fading hype and declining prices, on-chain data reveals continued accumulation in Metaverse tokens like SAND, MANA, and AXS. Investors are steadily increasing their positions, hinting at long-term confidence in these projects.

- **SAND**: Holders show steady accumulation, reinforcing belief in its potential despite market volatility.

- **MANA**: Buying activity spikes around $0.60, suggesting investors view lower prices as opportunities.

- **AXS**: Large positions build up, indicating strong conviction in its future.

💡 Key Insight: Persistent accumulation across these tokens suggests investor optimism, potentially setting the stage for a Metaverse resurgence.