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InvestmentsMetaverse and blockchain gaming altcoins rally while Bitcoin looks for support By...

Metaverse and blockchain gaming altcoins rally while Bitcoin looks for support By Cointelegraph


© Reuters.

Bitcoin’s (BTC) current foray again under $56,000 sparked a wide-ranging sell-off throughout the cryptocurrency ecosystem and talks of the value hitting $100,000 by the tip of the yr shortly morphed into considerations about an impending bear market that might thrust costs into the doldrums for a yr or longer.

While there seemed to be absolute carnage within the markets judging by peoples’ response to the BTC pullback, not all tokens had been negatively impacted and gaming tokens centered on the rising Metaverse have managed to remain within the inexperienced.

BTC/USDT vs. GALA/USDT vs. WAXP/USDT vs SAND/USDT vs. MANA/USDT 4-hour chart. Source: TradingView
The Sandbox customers statistics. Source: DappRadar
VORTECS™ Score (inexperienced) vs. SAND worth. Source: Cointelegraph Markets Pro
VORTECS™ Score (inexperienced) vs. WAX worth. Source: Cointelegraph Markets Pro