What’s the Latest on Metaverse Coins: Axie Infinity, The Sandbox, Decentraland and Enjin Coin
Recently, there has been a great increase in interest in metaverse coins in the crypto money market . After Facebook’s Meta move, the interest of many investors began to shift to metaverse projects, and since that day, many metaverse coins have experienced huge price increases. Here is the latest situation in Metaverse coins;
Axie Infinity (AXS)
Axie Infinity , the most popular metaverse coin, has been one of the most profitable projects for its investors since its launch. So much so that Axie Infinity started an incredible increase last month and reached its all-time high of $160.
The price then fell under the influence of the sharp drops in the crypto money market and fell to the level of $ 92.
However, the popular altcoin AXS is on the rise as the market changes direction again. Axie Infinity ( AXS ) has increased by 3.6% in the last 24 hours, according to data from CoinGecko as of the time of writing, and is currently trading at $100.85.
The Sandbox (SAND)
The Sandbox ( SAND ), the second largest metaverse coin in terms of market value, has made huge gains since its launch. So much so that , according to data from CoinGecko, SAND was trading at $0.19 last June, reaching $7.51 on November 29, 2021, recording an all-time high.
However, the declines in the cryptocurrency market also affected SAND, and the popular altcoin retreated to the level of $ 4.77. With the recent increase in the crypto money market, the price of SAND has started to increase again.
As of the time of writing, The Sandbox (SAND) continues to trade at $5.23, up 8% in the last 24 hours, according to data from CoinGecko.
In third place is MANA , the native presence of Decentraland , which describes itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience and monetize content and applications .
MANA is one of the most popular metaverse coins. Similar to other metaverse projects in the popular altcoin, it has brought huge returns to its investor.
So much so that while MANA was trading at $0.08 last January, it reached an all-time high by reaching $5.20 on November 26.
MANA continues to trade at $3.30, with a 4% increase in the last 24 hours, according to CoinGecko data, as of the time the content was written.
Enjin Coin (ENJ)
Finally, when we look at Enjin Coin , the popular altcoin has increased by about 20 times during the year and has become one of the projects that brought a lot to its investors.
So much so that , according to data from CoinGecko, ENJ was trading at $0.17 at the beginning of this year, reaching an all-time high of $4.84 on November 25.
However, the sharp declines in the cryptocurrency market also affected the ENJ price, and Enjin Coin experienced some pullback. So much so that the price of the popular altcoin fell to the level of $ 2.33.
As of the time of writing, Enjin Coin continues to trade at $2.48, up 4.8% in the last 24 hours, according to data from CoinGecko.