News Report

Cryptocurrencylistings Markets: Cryptocurrencies on the rise; Bitcoin maintains its position above the $20,000 threshold

Metaverse Markets\

This week, it looks like cryptocurrencies are on a path to recovery, slowly improving their prices.

Bitcoin has recorded a further increase of 1.67%, now valued at $20,449.83. Notably, this marks the third successive day that Bitcoin has remained above the $20,000 level. Meanwhile, Ethereum's Ether has climbed by 4.04%, reflecting a notable 15.89% surge over the past week, bringing its price to $1,181.24.

Ether’s seven-day chart.

The price of Binance’s BNB has remained fairly stable since yesterday at $237.12, while XRP, Cardano’s ADA, and Solana’s SOL have all seen modest gains of 1.62%, 1.98%, and 2.97%, respectively. However, Storj stands out today as the top performer, seeing an impressive rise of 20.78% since yesterday.

Metaverse-related tokens are also faring well, although the increases among major cryptocurrencies have been modest. Decentraland’s MANA has climbed by 2.08%, Flow by 1.08%, The Sandbox’s SAND by 2.89%, and ApeCoin by 2.09%. Interestingly, the ERC20 coin experienced a spectacular price jump after languishing at $0.00 for over a month. While the reported percentage increase of 102,356.71% sounds remarkable, the actual trading price is still just $0.013.

In terms of more significant price movements, VIDT Datalink’s VIDT has surged by 131.80%, Terra Virtua Kolect’s TVK has increased by 65.43%, Alien Worlds’ TLM saw a rise of 19.99%, and XMON finished the day up by 19.07%.

The Metaverse Index (MVI) has climbed to $40.01, noting a price increase of 4.68% in the last 24 hours.

MVI seven-day chart.

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In line with the Trust Project guidelines Please be informed that the information provided here should not be taken as legal, tax, investment, financial, or any other type of advice. It’s vital to only invest what you can afford to lose, and seeking independent financial guidance is recommended if you have doubts. For more detailed information, please refer to the terms and conditions along with the help and support pages from the issuer or advertiser. MetaversePost is dedicated to delivering precise and unbiased information, yet market conditions can shift rapidly without notice.

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