Bullrun across the metaverse
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$93,081.00
3.01%$1,789.66
8.72%$2.24
5.38%$608.76
-0.10%$150.23
4.34%$0.999994
0.00%$0.17931
6.18%$0.698277
6.84%$0.245235
-0.03%$1,791.53
8.93%$92,877.00
2.73%$2.98
24.97%$14.90
9.41%$22.36
8.31%$9.03
0.95%$0.268031
5.35%$0.0000135
4.51%$3.10
5.22%$0.182977
4.39%$2,147.53
8.89%$1.00
0.02%$355.96
1.37%$83.70
2.94%$18.51
-1.23%$4.09
6.85%$4.55
1.74%$1.00
0.05%$1,788.67
8.60%$0.999657
0.06%$0.666674
4.34%$229.65
4.24%$28.55
-0.12%$1,905.33
9.02%$0.00000896
6.71%$92,696.00
2.61%$5.97
9.27%$5.29
4.16%$52.17
1.21%$2.48
9.57%$0.924252
4.55%$23.52
0.27%$329.27
-4.22%$5.12
6.91%$32.75
0.23%$16.78
5.71%$1.049
0.07%$0.090423
0.33%$164.27
10.20%$0.094984
2.05%$1.00
0.00%$4.60
2.06%$0.704656
3.26%$0.02596652
6.41%$1.17
0.07%$4.34
4.22%$0.347526
13.62%$0.221587
3.24%$92,824.00
2.81%$9.36
5.19%$0.214705
7.72%$4.23
-0.03%$2.73
6.46%$2.80
8.34%$0.521764
9.40%$0.618606
2.91%$0.329192
7.90%$1.002
0.49%$4.10
2.83%$92,826.00
2.79%$0.46159
9.20%$10.25
4.12%$0.758393
6.72%$158.01
5.01%$1,486.84
6.40%$0.00001575
15.86%$0.077106
6.39%$0.785608
3.42%$0.863018
8.46%$1.11
1.25%$0.604748
9.20%$1,785.06
8.42%$1.054
-0.89%$1,862.25
8.94%$0.01639567
0.46%$70.95
6.78%$0.667045
4.41%$3.76
3.06%$0.193857
6.07%$1.00
-0.01%$9.47
7.85%$15.61
3.56%$0.662901
1.07%$0.999801
-0.03%$0.091063
5.69%$2,016.99
8.76%$0.999661
0.01%$0.0170334
18.40%$1.00
0.05%$3,295.77
-4.25%$92,265.00
2.98%$607.53
-0.27%$3,292.82
-4.23%$192.98
4.12%$0.01700607
5.23%$2.58
6.67%$92,880.00
2.98%$165.01
3.92%$0.297637
5.54%$0.811789
10.00%$0.192353
8.39%$1,898.03
8.43%$0.118982
2.67%$0.00007127
17.21%$0.688684
5.45%$3.75
6.08%$0.997782
-0.02%$0.02025182
13.53%$0.658907
1.12%$0.510486
14.49%$0.00000064
3.65%$0.397191
3.92%$0.999349
-0.04%$2.00
0.91%$93,340.00
3.48%$30.57
2.99%$0.244208
7.40%$1.11
-1.37%$1.81
2.85%$0.307559
1.95%$1,868.89
8.87%$0.00620826
-2.41%$0.561858
21.88%$0.537266
4.02%$3.43
1.84%$16.80
8.93%$0.152398
6.66%$33.55
5.89%$0.560345
5.67%$0.789642
28.56%$0.547799
12.11%$0.050285
38.33%$0.998202
-0.07%$0.199197
70.02%$0.640712
6.01%$0.00861316
3.83%$0.447649
5.38%$94,857.00
-0.19%$89,473.00
0.14%$0.067093
-1.84%$92,831.00
2.82%$0.999992
0.00%$1.67
-0.53%$0.00724803
22.18%$0.178345
5.62%$1,872.82
12.77%$1.29
2.17%$1.001
0.12%$2.12
5.78%$0.00002199
3.43%$15.35
4.06%$1,796.62
9.67%$6.02
7.16%$110.78
0.01%$0.00000043
0.27%$92,582.00
2.59%$0.144973
4.80%$6.44
12.65%$1.084
0.01%$0.50791
7.14%$0.501558
20.42%$0.992259
-0.98%$2.50
6.88%$0.077876
6.13%$3.63
-0.19%$0.330907
11.80%$0.04075329
6.17%$43.24
6.15%$1,783.83
8.46%$1,786.34
8.41%$1,898.39
8.51%$0.221724
2.97%$0.00718794
8.98%$0.082038
5.25%$0.00532614
101.68%$1,786.18
8.42%$0.999792
-0.00%$0.366452
14.58%$0.179896
5.43%$1.00
-0.00%$21.61
-0.92%$0.566796
5.83%$0.998591
-0.15%$0.00006359
2.90%$0.00410488
3.63%$0.823566
4.13%$0.01719678
0.26%$0.0000016
18.72%$0.326634
42.00%$1,831.05
9.07%$1.00
-0.02%$0.999825
-0.03%$0.03162144
1.21%$0.11899
-0.39%$0.328389
6.14%$2.72
6.12%$93,406.00
3.60%$0.713148
0.40%$114.95
6.61%$0.664495
13.16%$1.19
5.07%$0.652823
10.48%$0.999237
-0.05%$0.239101
6.16%$26.59
4.00%$0.139599
-0.55%$3.60
1.23%$1,769.35
8.69%$92,671.00
2.54%$0.999632
-0.04%$2.90
4.68%$22.38
5.91%$0.270568
2.46%$3,187.04
0.00%$1,895.54
8.85%$1,800.09
9.41%$0.18683
4.45%$0.112121
3.80%$0.513734
6.01%$0.03683575
1.86%$0.0028659
5.78%$15.40
8.59%$0.443419
4.17%$0.01265822
4.92%$0.02944913
4.62%$0.956877
10.05%$1,863.16
2.71%$0.733659
5.35%$22.29
7.96%$1.016
8.22%$0.00
10.81%$1,961.33
8.68%$1.00
-0.01%$0.999858
-0.01%$0.235047
13.16%$1,945.05
8.62%$93,863.00
3.89%$2.23
3.70%$0.00265543
7.58%Crypto markets turned bullish following an optimistic CPI report which suggested the worst of inflation may be over for the U.S. economy.
The crypto market capitalization is up 2.7% to $945 billion in the last 24 hours, per data from Coingecko.
Metaverse and NFT-related cryptocurrencies have also rallied alongside the broader market and posted hefty gains today.
MANA, the token powering the metaverse game Decentraland, is up 11.6% over the past 24 hours and the fourth largest gainer among the top 100 cryptocurrencies by market capitalization, according to data from Coingecko.
At press time, MANA trades at around $0.44 and is the 55th-largest cryptocurrency by market capitalization.
Despite today’s tremendous gains, MANA is still far from its historical high of $5.85 in November 2021.
SAND, the token behind Decentraland’s competitor, The Sandbox, is also up 8.6% in the last 24 hours. At press time, SAND trades at around $0.56, per data from Coingecko.
On a weekly note, SAND is up a whopping 31.6%, reversing its losses over the past 30 days.
Looking past digital real estate tokens like MANA and SAND, NFT-centric projects, including Flow (FLOW) and ImmutableX (IMX), have also enjoyed notable gains.
FLOW, the native token of Flow Blockchain, has gained 9.2% over the past 24 hours and recorded a new two-week high of $0.92 at press time, per data from CoinGecko.
Contrary to FLOW’s bullish price movement, Flow-based NFT trading volumes slumped 27.49% to $213,734 over the same period, according to data from Cryptoslam.
IMX, the native token powering ImmutableX, a layer-2 scaling solution for Ethereum-based NFTs, is up 7.1% over the past 24 hours, trading at roughly $0.53, after retreating from its new monthly high of $0.54, recorded earlier today.
Despite a significant price jump, IMX’s daily trading volumes dropped 22.81% to roughly $20 million.
IMX is down 94.4% from its all-time high of $9.52 recorded in November 2021, per data from CoinGecko.
The market’s big two, Bitcoin (BTC) and Ethereum (ETH) have also gained 4% and 0.9% over the past 24 hours, per data from CoinGecko.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.