As Meme Coins Dogecoin And Shiba Inu Fall Out Of Favor, These Metaverse Coins Struck Big Gains Last Week

As Dogecoin DOGE/USD and Shiba Inu SHIB/USD rallies subsided last week, these metaverse coins and others struck big gains.

The Sandbox (SAND): The token associated with a blockchain-based virtual world rose 101.77% over the last week. Sandbox price touched an all-time high of $8.51 last week. 

The project announced that the first public alpha The Sandbox game would be released on Monday. 

Apart from the Sandbox alpha, this month, the project raised $93 million from investors led by SoftBank Group Corp SFTBY

The rapper Snoop Dogg will reportedly build a digital replica of his mansion in the metaverse associated with The Sandbox.

See Also: How To Buy The Sandbox (SAND)

Gala (GALA): The blockchain gaming project’s token rose 96.21% over the period last seven days. The gala coin price touched an all-time high of $0.8367 last week.

On Sunday, Jason Brink, president of blockchain at Gala Games said the company was going to deploy $1 billion into game development in Korea.

Last week, GALA moved on the news that cryptocurrency exchange OkEx listed Town Star, a token associated with the firm’s flagship game.

Basic Attention Token (BAT):  The token linked with a digital-advertising platform delivered through the Brave browser has shot up 59.89% last week. It touched an all-time high of $1.91 on Sunday.

This month Brave Software said it was partnering with Solana so as to integrate the latter into the browser it offers.

The privacy-oriented browser Brave’s user base has grown to over 42 million, as per its website.

See Also: Shiba Inu Partners With Former Activision Executive For A Shiba Inu NFT Game; Metaverse Efforts In The Works

Decentraland (MANA): The coin linked with the virtual reality platform underpinned by Ethereum ETH/USD has risen 43.66% over a week’s time frame. Last week MANA touched an all-time high of $5.90.

Over the weekend, the project said it was rendering wearables like virtual sneakers, masks, and other items in three dimensions. 

Last week, a piece of virtual real estate sold for $2.4 million on Decentraland, as per a Reuters report.

Amp (AMP): The digital collateral token jumped 29.49% last week. The token touched an all-time high of $0.1211 in June.

AMP was listed on Binance last week, while earlier in the month it was listed on the platform run by Voyager Digital Ltd VYGVF.

Read Next: What's Pushing Shiba Inu Higher Today?

Posted In: CryptocurrencyNewsTop StoriesMarketsMoversTrading IdeasBasic Attention TokenDecentralanddogecoinGalaMeme CoinsMetavereShiba InuThe Sandbox
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...