Metaverse Tokens Achieve 7-Day Triple-Digit Gains, Coin Market Capitalization Reaches $3 Trillion – Market Update Bitcoin News – News Couple
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Metaverse Tokens Achieve 7-Day Triple-Digit Gains, Coin Market Capitalization Reaches $3 Trillion – Market Update Bitcoin News


While Bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid gains over the course of seven days. Both the metaverse and the irrational sandboxes are up over 170% over the past week. Crypto assets like loopring, crypto.com coin and arweave are up over 66% and even 169% this week as well.

Sandbox, Decentraland, Loopring See triple-digit gains this week

Bitcoin (BTC) price has consolidated above the $60K region for a while now and the market performance this week has been rather weak. While Bitcoin (BTC) has gained 0.5% over the past seven days, three of the top ten cryptocurrencies have seen double-digit gains this week.

Binance coin (BNB) holds the third largest market in terms of overall valuation, which rose by 24.1% last week and traded at $610 per BNB. Solana Exchange (SOL) at $235 per unit is up 20.9% this week. Additionally, polkadot (DOT) is up 21.9% and is currently unchanged at $51.29 per unit.

Metaverse Tokens Achieve Triple-Digit Gains Over 7 Days, $3 Trillion Coin Market Capitalization
SAND/USD on November 5, 2021.

While binance, solana, and polkadot have seen double digits this week, sandbox, decentralized and loopring prices are up this week. The Sandbox (SAND) jumped 175.3% and the decentralization index (MANA) jumped 172.9% in value terms. During the week, the LRC increased by 169.4%.

Metaverse Tokens Achieve Triple-Digit Gains Over 7 Days, $3 Trillion Coin Market Capitalization
MANA/USD on November 5, 2021.

SAND ranks 78 out of 10,390 coins in the crypto-economy with the crypto-asset gaining 8,039% year-to-date. Similarly, decentralization (MANA) has performed very well over the past 12 months as it is up 3931% year-to-date. 12 Months for the Ring (LRC) stats show that the cryptocurrency is up 1025% over the past 12 months.

Many Double Digit Cryptocurrencies – Bitcoin Dominance Close to Sinking Below 40%

After three-digit crypto gains, crypto.com (78.6%), arweave (66.2%), kadena (64.4%), holo (41.3%), chilis (40.8%), core attention token (39.4%), amp (39%), NEM (33.9%), omg network (31%), enjin coin (28.4%), and Wonderland (25.1%) have seen double-digit gains in the past week.

Metaverse Tokens Achieve Triple-Digit Gains Over 7 Days, $3 Trillion Coin Market Capitalization
CRO/USD on November 5, 2021.

The total market capitalization of all coins currently in excess of $10,000 is approaching $3 trillion at around $2.835 trillion on Friday, November 5. While there are $152.28 billion in global trade volume, $83 billion of this volume is paired with stablecoins. Tether (USDT) accounts for $71.9 billion of today’s total trade volume of $83 billion.

Of the $2.835 trillion in value recorded on Friday, Bitcoin (BTC) dominance is just over 40% at 40.6%. On the other hand, Ethereum owns 18.7% and several alternative crypto caps have increased their dominance ratios.

What do you think of the cryptocurrency market action last week? What do you think of the two- and three-digit cryptocurrency gainers this week? Tell us what you think about it in the comments section below.

Tags in this story

Alternative Crypto, amp, Arweave, Primary Attention Token, Bitcoin (BTC), BTC, Chiliz, CRO, crypto.com, Decentralized (MANA), Dominance, Enjin Coin, Ethereum (ETH), holo, kadena, Loopring, Market Update , markets, Metaverse, metaverse tokens, omg network, prices, Sandbox (SAND), triple digit gain, wonderland

photo credits: Shutterstock, Pixabay, Wikicommons

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