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Three Gaming Altcoins Spark Massive Rallies, Ignoring Bitcoin and Crypto Market Breakdown

November 18, 2021
in Altcoins
Reading Time: 2 mins read
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Three Gaming Altcoins Spark Massive Rallies, Ignoring Bitcoin and Crypto Market Breakdown
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While the overall cryptocurrency market experiences a turbulent week, several gaming altcoins are defying the downtrend in a major way.

SAND is the native token for The Sandbox, an Ethereum-based virtual world that allows fans of video games to build, own and monetize their gaming experiences.

The price of SAND has surged over 20% to $4.21 at time of writing.

Also in the green is JEWEL, the native token of nostalgic fantasy pixel art game DeFi Kingdoms which features usable NFTs (non-fungible tokens).

JEWEL is currently trading for $7.07, an increase of 12.31%.

Virtual world Decentraland (MANA) is also bucking the overall crypto downtrend. Today its native token MANA is up over 5% to $3.57.

The fresh price increases comes after Facebook’s recent Meta rebranding announcement, which sent many metaverse-related cryptos soaring.

Meanwhile, the top two cryptos are down over 5% today, with Bitcoin (BTC) now valued at $57,269 and Ethereum (ETH) having dipped just below the $4,000 mark.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/galacticus/Vladimir Sazonov/Andy Chipus

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