The crypto market is volatile enough to maintain different trends at various points in time. The majority of the cryptocurrencies had been gaining yesterday, however, most of them are dipping today following a reverse price action trend. In contrast, there are two metaverse cryptos that have been resisting and defying the ‘red’ significantly. The tokens we are talking about are Axie Infinity (AXS) and Decentraland (MANA), which gained significantly during today’s crypto crash session.
Metaverse Cryptos Price Action
According to the CoinMarketCap data, the Axie Infinity crypto saw a surge of 9.25% it traded at $0.1760 at the time of writing on Saturday, July 23, 2022. The market capitalization of the AXS coin stood at $1.45 billion, up by 9.23%. Moreover, the 24-hour trading volume of the token skyrocketed by a huge 81.15% and was at $244.25 million.
Decentraland price was in the ‘green’ but did not see a gain as significant as the AXS token. The MANA crypto gained by 3.07% it traded at $0.9957 at the time of writing on Saturday, July 23, 2022. The market capitalization of the MANA token stood at $1.8 billion, up by 34.17%. Moreover, the 24-hour trading volume of the token was up by 57.57% and was at $438.38 million.
The Competitor That Followed The Red Trend
Another major metaverse crypto, The Sandbox (SAND), could not match its competitors’ ‘green’ performance and lost considerable value in the bearish market trend today. The SAND token was down by 5.31% it traded at $1.35 at the time of writing on Saturday, July 23, 2022. The market valuation of The Sandbox crypto stood at $1.7 billion, declining by 5.28%. Moreover, the 24-hour trading volume of the token slumped by 20.05% and was at $375.82 million.
MANA and AXS crypto are surely today’s ‘green’ trend setters. Therefore, it will definitely be intriguing to watch how these metaverse cryptos will fare in the future.
