Smell Your Way Into the Metaverse: Tokens Soar After CES Event

• Tokens in the metaverse soared on Monday as the ability to smell entered the Metaverse.
• This was followed by the Sandbox (SAND) which rose 14.34% to trade at $0.5189, Decentraland (MANA) was up 13.5% to $0.4 and ApeCoin climbed 11.5% to exchange hands at $4.67.
• OVR Technology showcased a VR headset with a container holding eight primary aromas that can be mixed together to create various scents.

The cryptocurrency market was abuzz with activity on Monday, as tokens in the metaverse soared thanks to a revolutionary new development. A sense of smell, long a missing link in the virtual reality experience, has now been added, making the metaverse a much more immersive and life-like experience. This development has had a huge impact on the price of tokens, with Zilliqa price climbing as much as 50%. This was followed by the Sandbox (SAND) which rose 14.34% to trade at $0.5189, Decentraland (MANA) was up 13.5% to $0.4 while ApeCoin climbed 11.5% to exchange hands at $4.67.

The incredible success of the metaverse is closely tied to the development of human aspects of the virtual reality (VR) world that enhances user experience. This has been highlighted in a recent report from McKinsey & Company, which states that the success of the metaverse is dependent on the development of such features. At the Consumer Electronics Show (CES) 2023, these advancements were showcased by metaverse-focused companies.

One of the companies, OVR Technology, based in Vermont USA, showcased a revolutionary VR headset with a container holding eight primary aromas that can be mixed together to create various scents. This means that the users of the metaverse will now be able to experience smells in the virtual world, just as they would in the real world. The CEO of OVR Technology, Aaron Wisniewski, had this to say:

„Extended reality will soon be integrated with commerce, entertainment, social connection, education, and well-being. The presence of scent in these experiences gives them unmatched power.“

The CES event took place between January 5 and 8 in Las Vegas, and has been a major boon for the metaverse tokens, with Zilliqa benefitting the most. This surge in prices has been seen as a sign of increased confidence in the metaverse and its potential to revolutionize the way we interact with the world. With more features being added to the metaverse, it is likely that the tokens associated with it will continue to grow in value in the near future.