CNBC’s Brian Kelly explains why he thinks three metaverse tokens will rise in 2022.
Brian Kelly, founder and CEO of BKCM LLC, an asset management company focused on investments, including investing in digital currencies, made statements regarding cryptocurrencies.
In a recent episode of CNBC’s “Fast Money,” Kelly said that virtual reality platform Decentraland (MANA) could replicate the upward trajectory of Facebook shares. Noting the significant impact of the network effect on virtual real estate, the famous name said Decentraland is ready to benefit from the increase in adoption.
Kelly made the following statements on the subject:
Kelly is also in a bullish sentiment on the price target of Axie Infinity (AXS), a decentralized gaming native token that allows users to buy, sell and trade digital assets, making money by playing games. Here again Kelly pointed to the network effect and said that as the game grows, the AXS price will continue to skyrocket.
Finally, Kelly said the following about The Sandbox’s native token, SAND: