MPost Markets: Cryptocurrencies are in the red.


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Metaverse Markets' Review

Cryptocurrencies are in the red.

The price of bitcoin has slid over the weekend, and the coin is now trading at $20,554.06. The coin has lost 3.20% over the last 24 hours, but the seven-day trend still remains in the green, showing the coin has regained 4.95% of its value.

Bitcoin seven-day chart.

Ethereum’s ether has also seen a slight price drop of 2.61%, now trading at $1,146.96. Binance’s BNB, ERP, and Cardano’s ADA have all experienced price falls; BNB is down by 1.27%, XRP by 3.43%, and ADA by 2.82%. Monero XMR and Chiliz CHZ have seen moderate increases of 6.44% and 6.13%, respectively.

Unfortunately, many metaverse cryptocurrencies are also in the red. Flow is down by 4.83%, while Decentraland‘s MANA has seen a very similar price drop of 4.33%. Tezos XTZ, on the other hand, has experienced a price increase of 3.90%, unlike The Sandbox’s SAND, ApeCoin APE, and Theta Network, which have all seen price decreases. The price of sand has fallen by 4.26%, ApeCoin’s by 5.66%, and Theta Network’s by 3.69%. The price of SwftCoin SWFTC has jumped by 21.25%, marking the largest price increase among all metaverse cryptocurrencies.

With all the price decreases, the Metaverse Index has also seen a price drop. Down by 2.81%, the token is now trading at $37.46.

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Disclaimer

Any data, text, or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results.

Karolina Gaszcz

Karolina is a writer and journalist with a background in literary studies. She loves exciting tech solutions and art, and NFTs are often a perfect amalgamation of the two. Outside of work, she’s a plant mom, a vintage fashion enthusiast, and a gamer.

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