Decentraland, The Sandbox and four other metaverse coins showcase the crypto gaming boom. A crypto industry is challenging a general market correction with explosive rallies across six major altcoins. Gaming and virtual reality related altcoins provide parabolic gains. Detail Cryptocoin. com
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Metaverse coin fix not listening
Virtual world blockchain Decentraland (MANA), the 31st largest crypto-asset in the market, continues its rapid growth that started late last month with an increase of 38% in the last 24 hours. At the time of writing, MANA has increased by over 600% in the last 30 days. In addition, the metaverse platform The Sandbox (SAND), which has increased by 136% in the last 7 days and 48% in the last 24 hours, draws attention. SAND’s acquisitions come with a surprise partnership announcement with fashion giant Adidas.
Ethereum-based play-to-win platform Gala was among the top performers at the time of writing. GALA is now up over 300% in the last 7 days and 26% in the last 24 hours. At the time of writing, it changes hands at $0.47. Decentralized social gaming platform UFO Gaming (UFO) has also joined the crypto gaming bull run. Built on the Ethereum network, the project has created a “Dark Metaverse” where users can form their own clan, own virtual land, and earn cryptocurrencies or non-tradable tokens (NFTs). UFOs are up 118% in the last 7 days and 369% in the last 30 days. It is trading at $0.000053 at the time of writing.
The decentralized NFT-focused game studio Illuvium (ILV) is among the market’s favorites. At the time of writing, Illuvium’s ILV token is currently worth $1,477, up 43% from last week and 24% from last day. Finally, the metaverse game launchpad Starlink (STARL) participates in the rapid growth of the industry. While STARL has been in a downtrend for about a week, it has since recovered and climbed 2% from last week, but over 500% in the last 30 days.