Decentraland (MANA) has experienced significant gains in the past day, outpacing the broader crypto market. The surge in price is believed to be linked to rumors of Apple launching its own metaverse, which have been circulating since Monday.

While it has long been speculated that Apple would enter the virtual and augmented reality space, the company has not confirmed or denied these rumors. MANA is not the only token to benefit from the speculation, with The Sandbox (SAND) also seeing gains. If Apple does launch its own metaverse device later this year, the price of metaverse coins could skyrocket.