Despite operating losses in 2022 for Reality Labs business, Meta Inc META CEO Mark Zuckerberg assured that the company is sticking to its long-term goals for Metaverse, which is causing prices of related tokens to surge.

What happened in the last 24 hours, decentralized MANA/USD rose 6.40% to trade at $0.80.

The sandbox SANDS/USD rose 4.77% to $0.76, Axe Infinity AXS/USD gained 3.71% at $11.33 and Enjin Coin ENJ/USD up 3.30% in the last 24 hours to trade at $0.47.

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Meta released Result Q4 presented on Wednesday that the reality labs The company had accumulated losses of $13.7 billion in 2022, as well as losses of $4.3 billion in the fourth quarter — the largest quarterly loss on record for the department.

During the win talk Pile of sugar maintained his company’s focus on the company’s metaverse strategy. “None of the signals I’ve seen so far indicate that we should change Reality Labs’ strategy in the long term,” he said.

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