tldr; Metaverse coins are experiencing a resurgence, with The Sandbox (SAND) leading the charge by gaining 130% and Decentraland (MANA) following with an 85% increase. This surge comes despite a general market dip led by Bitcoin’s decline. The overall market cap for metaverse coins has risen by 14% to $14.52 billion. SAND’s price is currently at $0.80, showing a strong breakout, while MANA is trading at $0.71, needing consolidation. Additionally, a new meme coin, CatSlap (SLAP), has skyrocketed by 4,475% since its launch, driven by whale investments and staking incentives.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Is Metaverse back from the dead?
What is dead may never die !
tldr; Metaverse coins are experiencing a resurgence, with The Sandbox (SAND) leading the charge by gaining 130% and Decentraland (MANA) following with an 85% increase. This surge comes despite a general market dip led by Bitcoin’s decline. The overall market cap for metaverse coins has risen by 14% to $14.52 billion. SAND’s price is currently at $0.80, showing a strong breakout, while MANA is trading at $0.71, needing consolidation. Additionally, a new meme coin, CatSlap (SLAP), has skyrocketed by 4,475% since its launch, driven by whale investments and staking incentives.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I think this could just be a dead cat bounce.
I forgot I owned MANA. Noice
Good thing I kept my MANA, only down by 79% now.