MPost Markets: Cryptocurrencies are in the red.
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.
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
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
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.
More articlesKarolina 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.
