5 altcoins that produced double-digit gains as Bitcoin price rallied in January
Bitcoin's strong monthly performance translated to outsized gains in APT, GALA, T, MANA and SOL, making them the top performing altcoins in January.
Keep up with what's happening in the crypto world in real-time.
Bitcoin's strong monthly performance translated to outsized gains in APT, GALA, T, MANA and SOL, making them the top performing altcoins in January.
Despite what the merchants of doom are predicting, there are still many great investment opportunities out there, especially in a bear market and especially in the crypto presale space.
Decentraland's MANA has surged 152% for the month, while The Sandbox's SAND is up over 90%.
The Sandbox and Decentraland tokens went a mini bull run during January, each more than doubling in price at one point amid a massive spike in trading volume.
Top 5 Altcoins For Crypto Gamers: Since the beginning of the year, the majority of cryptocurrencies have increased in value. It has boosted the cryptocurrency market's confidence.
AO Metaverse and Decentraland [MANA] recently organized the second edition of Australian Open 23. The event, in which attendees were able to enter the main stadium, Rod Laver Arena, explore the precincts, and choose their own adventure through a series of tennis content, concluded on 29 January.
If the Decentraland (MANA) price breaks down from the current pattern, it could fall to this level.
January has generally been favorable to the broader crypto market.
After going through a roller coaster ride and getting spinned into the bearish storm last year, the crypto market is now standing strong. Among all the cryptocurrencies, Bitcoin has gained the spotlight in terms of massive gain and leading the crypto bull market. Since the start of 2023, Bitcoin has managed to surge 40%.
Investors just can't get enough of tokens that anchor virtual worlds.
If you bought Decentraland's MANA in December or earlier this month, then good for you. It has so far delivered an impressive performance until recently when it faced resistance at a key level.
Apple is ready to take its leap into the metaverse if rumors around the launch of a mixed-reality headset are to be believed. The excitement has permeated the crypto side of the market too. The demand for AXS, SAND, MANA, and FGHT is growing, as both crypto and non-crypto investors pile in.
The cryptocurrency market has seen a resurgence recently, with several digital assets rallying to gain by as much as triple figures. This has come despite a bear market that lasted much of the past year, and investors are finding renewed optimism in the crypto space, looking for opportunities to capitalize on the current rally.
With the recent cryptocurrency industry revival, the play-to-earn sector is really starting to buzz. Heavyweight P2E projects such as Axie Infinity, Decentraland, and The Sandbox have all outperformed Bitcoin, with surges of over 60% during the past 30 days as investors quickly rush back into the gaming sector.
Across the brutally beaten crypto market, altcoins are beginning to show their first signs of a potential recovery following a nearly 90% drawdown in most assets.
Discover how to explore the Decentraland metaverse with our step-by-step guide.
Pet food company Pedigree thinks it can help drive dog adoption using the metaverse.
In 2021, conversations held around the metaverse and virtual reality were at their peak, even in the cryptocurrency space. This heightened talk was one reason why tokens like Decentraland [MANA] and The Sandbox [SAND] reached considerable All-Time Highs (ATH).
As 2023 begins, development teams across the primary blockchain networks are building and expanding throughout their ecosystems, even as the crypto industry continues to reassemble from the devastation created by the FTX meltdown. Additionally, the time given for the development of these projects is a resource that can be considered quite pricey, as projects garnering The post Revealed: Top 5 Cryptos With Highest Development Activity appeared first on CoinGape.
Apple's rumored VR headset launch appeared to fuel a sharp rally in metaverse tokens, but data suggests that the momentum is not sustainable.
Which altcoins gems to buy related to gaming? In this article, we go over the top 3 gaming cryptos for 2023 that have big potential.
The direction of the trend for Decentraland (MANA) and Sandbox (SAND) could be decided in the next few days.
Metaverse adoption is growing, with more than 60% of people seeing the metaverse in their day-to-day life, be it entertainment or socially. There are, however, problems.
These cryptos to buy have shed an incredible amount of value but their long-term bull case points to tremendous upside ahead.