Bitcoin (BTC) price has risen more than 30% in 30 days, while Decentraland (MANA) and The Sandbox (SAND) prices have doubled over the month.
Users of Decentraland and The Sandbox, both of which are metaverse platforms, can use these platforms. buy virtual land can use for.
Among the tokens of these two platforms, MANA’s monthly performance stands out more.
According to CoinGecko data, MANA traded at $ 0.299 on January 1, yesterday. up to $0.80 rose. However, this number is MANA’s From its peak price of $5.85 in November 2021 still far away.
However, earlier this year SAND that changed hands at $0.38 token, similarly yesterday for $0.80 rose up. at SAND It broke its own record, hitting $8.40 in November 2021. had broken.
The fact that Bitcoin and ether (ETH) have gained more than 30% throughout the month may have brought dynamism to the altcoin market. However, this sharp rise in MANA and SAND prices say exactly why strength.
At the beginning of this month, MANA’s daily approximate $40 million while there is a trading volume, this number is reached by the middle of the month $1.1 billion reached. SAND’s daily trading volume was approximately $95 million per year. over $795 million reached.
Steven Zheng, an analyst at The Block Research, said that this increase in MANA and SAND prices may be due to the metaverse trend is thinking.
These Two Big Altcoins Have Made 2x Since the Beginning of the Month, the article was prepared by Selim Kuşçu and published on koinbulteni.com.