What's going on, BitSquad?
I hope you had yourself a great week.
We are Meta Money.
And we are back for another Saturday morning metaverse show.
We're going to be dropping through some of the big things that happened this week.
We will get through the top coin of the week,
touch on some land watch,
what's going on on the floor prices of some of our favorite metaverse lands,
and then we'll hit some headlines,
and I think that that's pretty important.
Some big things have happened throughout this week, huh?
Huge! Huge!
But let's get started with the top coin of the week
being Ethernity.
- Whew! - It pumps over 140% up to $4.20.
Pretty crazy.
If you don't know what Ethernity is,
Ethernal Labs,
the company behind the Ethernity, focus on NFT-based experiences
with some of the biggest IPs in the world.
And, you know, one of the big important things about all of this is that
it is up when everything else is down.
Yeah. You're starting to see maybe Web3 decouple from the traditional markets.
I mean, that's at least what we talk about every day on Meta Money.
If you're curious, the reason for this pump,
they announced something on Twitter,
and they had a community meetup in Decentraland,
- Nice! - one of the biggest metaverses to date.
We've already seen the price though come back down to $2.80 as of Friday,
but, still, a solid 100% pump when, like we just said,
everything else is down.
Awesome. Awesome. Alright. Very exciting.
Now, let's head on over to Land Watch, and here's where we're tracking always
our favorite and your favorite metaverse land floor prices.
The big story going on right now in all of this
is that we've seen, over the last three months or so,
very steady declines across the board in most metaverses.
I mean, look at these three charts right here.
You can see on Decentraland, Sandbox and Otherside,
I mean, slow, slow down.
Hold on a minute though.
Sandbox just had a recent pump
because now they offer staking.
- So you can see the little dip right here. - Correct.
It went down to about 1 ETH floor.
And now it's up to 1.5 already.
Big time. Big news.
Alright. But let's take a quick look over at the Cardano side for metaverse.
Virtua - Cardano Island has absolutely been on a tear for the last couple days.
And why? Why is it pumping?
- Well, if you look at this tweet, - I don't know.
they are doing a land claim update, and it's happening this weekend.
So check the tweet below in the description.
There'll be a link to it.
And you can follow the schedule based on the land plot size that you have.
- Love to see that volume on the metaverse land. - Yes.
Let's get into some headlines.
Have you guys heard of XRP?
Well, Ripple is hiring passionate Web3 people.
Ripple CEO Brad Garlinghouse said that the company would continue hiring
in contrast to other major cryptocurrency players that have slashed their workforce.
Ripple says that it will be able to increase the number of employees
even during the bear market after securing a significant cash balance.
Hey. You play the cards right,
you play the pumps and the dumps right,
and, look, you can hire people when things are bad.
- So. - Yeah.
And hey, this is--
any of you out there interested in a job and getting involved in Web3?
Go for it, man.
Absolutely. Go for it!
You know who else is going for it?
Disney and Walmart,
they recently made their entrance into the metaverse this week.
Disney announcing that they are searching for an attorney
that knows all about NFTs, metaverse and DeFI.
And then we've actually got Walmart entering the Roblox metaverse
setting up two experiences.
Both companies are focusing on the younger generations
and how spending habits have changed after the pandemic.
I have a question for you.
Do you do the Walmart cart walk, where you just, like, lean on it and walk?
- No? - Absolutely.
Anyways.
You've got to take care of that back when you're at the store shopping.
Breaking news! Justin does the Walmart cart walk.
Alright, guys. Have a great rest of your weekend.
Thank you for joining us.
And if you want to learn more about what we do over about the metaverse and Web3,
head on over to the Meta Money channel.
Like and subscribe.
Let's go, baby!
Have a good weekend.