- The first week of November has newer coins dominating the market.
- The cryptos of the week are Loopring (LRC), Decentraland (MANA), Sandbox (SAND).
- Loopring has risen to a phenomenal 248.9% in the last 14-trading days.
Newer coins are dominating the market in the first week of November, according to CoinMarketCap. Loopring (LRC), Decentraland (MANA), and Sandbox (SAND) are this week’s featured cryptocurrencies.
Loopring, which trades under the ticker LRC in the indexes, has gained 57.5% in the last 24 hours of day trading. In the previous 14 trading days, the coin’s value has increased by an incredible 248.9 %.
Investors that took an early position saw their profits on investment more than double in as little as two weeks after taking the class. The coin was previously available for purchase for 70 cents but is now available for $1.52.
A $1,000 investment in LRC was low-hanging fruit, so investors could acquire a large bag of it with just a $1,000 investment, which doubled in price. Meanwhile, the coin is still accessible for a lower and more enticing price, making it an excellent time to get in on the action while the market is down.
LRC was selling at $1.52 at the publishing date, representing a gain of +59.9% in the day’s trading.
MANA reigned supreme inside the ring for the last week of October, and the team’s winning streak extended into early November. Even though the coin has dropped in value today, its momentum has stayed consistent.
Investors take advantage of the current downturn by purchasing additional tokens to cash out when the market climbs again. As a result, MANA allows investors to make relatively quick money and then exit the market after realising their profits.
The coin has gained 277.9% in the last 30 trading days and has only lost a small amount today. Those who made an initial investment in the new position last month were rewarded with a doubling return on their money.
Decentraland was trading at $2.85 at the publishing date, representing a loss of -12.2% in the previous day’s transaction.
With a gain of +241.2% in just seven trading days, SAND turned out to be an unexpected star in the market. The value of the coin has increased by +221.6% during the previous 30 days. Even though the price is experiencing a drop today, investors believe it is a market correction and are putting more coins into their bags.
On October 27, the coin was available to buy for 70 cents, and today, the cash is selling at $2.83 a coin. Investors who entered the market a week ago have received the benefits of the company’s expansion.
Sandbox was trading at $2.83 at the time of publication, representing a -0.9% decline from the previous day’s close.
Recommended for You
