Decentraland (MANA)
Decentraland, a popular metaverse cryptocurrency, has seen a 10% increase in value in the last 24 hours. Currently, MANA is trading at $0.5617 with a market cap of $1.07 billion. The demand for MANA has also surged, with its 24-hour trade volume increasing by 128.53% to $210.34 million.
The Sandbox (SAND)
The Sandbox has also experienced significant gains recently, with the SAND price surging by 12.02% to $0.6037. The market cap for SAND is now $1.2 billion, up by 12.05%. The 24-hour trade volume for SAND has also seen impressive growth, soaring by 222.15% to $393 million.
Axie Infinity (AXS)
AXS, the native token of the Axie Infinity ecosystem, is leading the pack in terms of gaming crypto gains. It has seen a massive increase of 36.88% in price, reaching $10.88. The 24-hour trade volume for AXS has skyrocketed by 552.65% to $704 million, marking a new 30-day peak.
Beam (BEAM)
BEAM, the gaming crypto associated with the Beam network, has gained over 13% in today’s trading session. Its price has recovered from a low of $0.01879 to over $0.02170 in the past 24 hours and is currently trading at $0.02171, up by 14.24%. The market capitalization for BEAM has risen by 14.29% to $1.04 billion.
Vulcan Forged PYR (PYR)
Vulcan Forged PYR, another significant gaming crypto, has seen a gain of over 17% today. Currently, PYR is trading at $8.13, surging by 18.40%. The market cap for PYR stands at $221.62 million, up by 18.47%. The 24-hour trade volume for PYR has spiked by 194.75% to $57.32 million.
Hot Take: Gaming Cryptos Surge Amidst Market Downturn
While most cryptocurrencies are experiencing a fall in value, gaming cryptos like MANA, SAND, AXS, BEAM, and PYR have been surging. These metaverse cryptocurrencies have seen significant gains in price and trade volume, indicating increased investor interest and demand. The strong performance of these gaming cryptos amidst the market downturn suggests that they may have unique value propositions and potential for growth in the evolving metaverse landscape.
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