MPost Markets: Ether price reaches $1,481
Bitcoin has been doing well over the weekend, working towards recovering its former price. Since Friday, the price of the coin has risen by more than $1,300, and it’s now trading at $22,204.96. Just over the last 24 hours, bitcoin has seen an uptick of 4.61% and a weekly price increase of 8.10%.
However, bitcoin’s recovery is nothing compared to that of Ethereum’s ether. Up by nearly 10% over the last 24 hours, the coin is now trading at $1,481.28. This is an amazing price increase, especially when the price of ether was oscillating around the $1k mark just last week. Over the last seven days, ether’s value has risen by 28.58%.
Other major cryptocurrencies are also in the green. Binance’s BNB is up by 3.86% and is now worth $261.27. XRP is up by 4.50%, while Cardano’s ADA is up by more than 10%. Solana SOL has also seen a decent price increase of 6.93%.
Metaverse coins have seen even more impressive price increases, with the market cap increasing by 8.35% and trading volume up by an impressive 38.81%.
ApeCoin has overcome Flow as the top metaverse cryptocurrency by market cap size. Up by 20.04%, ApeCoin is now trading at $6.00. Flow has seen a price increase of 7.05%, Decentraland’s MANA 6.76%, The Sandbox’s SAND 9.22%, Tezos XTZ 7.05, and Axie Infinity AXS 10.85%.
Apart from ApeCoin, there are other NFT-related cryptos doing amazingly well, such as NFT Worlds WRLD, up by 22.82%, YooShi YOOSHI, up by 20.67%, and STEPN GMT, up by 19.41%.
The Metaverse Index has also seen a decent price increase. Trading at $42.21, the token’s price has risen by 4.86% over the last 24 hours.
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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.
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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.
