MPost Markets: Ether price reaches $1,481


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Metaverse Markets' Review

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%.

Ether seven-day chart.

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.

Seven-day chart.

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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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