Thu, November 14

Metaverse Coins: SAND, MANA, and AXS Promises Bullish Momentum

Daesung Private Equity Unveils $83.5M Metaverse Fund Metaverse
  • Along with its competitors, the MANA price of Decentraland has been steadily rising.
  • Axie Infinity has been up 4.56% in the last 24 hours.

A better future for crypto assets awaits as the sector moves beyond the agonies that have slowed its progress. As a result, the mood among businesses has been improving. Moreover, projects that revolve around the metaverse are currently making significant advances in the digital asset market.

The Sandbox (SAND)

Following HSBC’s entry into Sandbox’s metaverse, the SAND price has risen exponentially. As a result, people are now curious about the metrics it uses. Over time, market cap dominance has been steadily decreasing since February 19. Compared to the previous day, there has been a noticeable increase in market cap domination of 0.22 percent.

SAND/USDT: Source: TradingView

According to CoinMarketCap, The Sandbox price today is $3.20 USD with a 24-hour trading volume of $1,585,103,700 USD. The Sandbox is up 9.34% in the last 24 hours.

Decentraland (MANA)

Along with its competitors, the MANA price of Decentraland has been steadily rising. MANA currently has 258,590,676.35 active supply and $1.42B in contracted supply. As a result, there has been a steady rise in market cap domination over several days. The previous day’s 0.24 percent has increased by 0.27 percent as of the time of this writing. The uptick follows a steep decline, which has been felt across the neighborhood.

MANA/USDT: Source: TradingView

According to CoinMarketCap, the Decentraland price today is $2.44 USD with a 24-hour trading volume of $625,232,527 USD. Decentraland is up 5.54% in the last 24 hours.

Axie Infinity (AXS)

Buyers have been arriving from wallets with more than one million AXS tokens. It’s been more than a month since the first significant uptick was noticed. From 20 million to 2.8 million, the amount of tokens owned by centralized exchanges has decreased. For the last eight months, the price has been falling, a positive indicator for the forecast.

AXS/USDT: Source: TradingView

According to CoinMarketCap, Axie Infinity’s price today is $50.47 USD with a 24-hour trading volume of $323,345,389 USD. Axie Infinity has been up 4.56% in the last 24 hours.

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.