NFT Evening NFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
    • Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
    NFT Evening NFT Evening
    News

    Home » News » Metaverse Tokens Including SAND And MANA Are Still Gaining Value

    Metaverse Tokens Including SAND And MANA Are Still Gaining Value

    By OlaNovember 25, 2021Updated:January 31, 20232 Mins Read

    At a time when the prices of other tokens are somewhat unstable, metaverse tokens are presently seeing big increases in value. Indeed tokens that are tied to metaverse platforms are enjoying a surge at this time. Specifically the SAND and MANA tokens of popular platforms The Sandbox and Decentraland have gone up significantly over the past week.

    Promo image for The Sandbox metaverse
    The Sandbox has seen the value of its token “SAND” go up almost 80% over the past week. Credit: The Sandbox

    What Is Causing The Rise Of Metaverse Token Prices?

    The price increases of SAND and MANA are particularly impressive. To be sure, The Sandbox and Decentraland are without a doubt two of the biggest names in the space. Even so, it is the similar trends in so many metaverse tokens that really speaks to current rise of the market as a whole.

    Overall there doesn’t seem to be a single reason for the price increases. Nevertheless, there are certainly a few key factors driving the growth. For one thing, there is the recent news from Meta, formerly known as Facebook. Indeed, when the company announced its rebrand, it had a large impact on the market, especially on SAND. At the present time the price of that token is up nearly ten times what it was on the day of the announcement.

    Screen grab of CoinMarketCap Metaverse board
    Many tokens on CoinMarketCap’s metaverse board are increasing in value at this time. Credit: CoinMarketCap

    At the same time there has been a lot of news coming from the companies themselves. Both The Sandbox and Decentraland have had an impressive run of high profile partnerships and there’s no signs of them slowing down any time soon. All in all, it is clear that there is mass excitement around the metaverse. This means good things for the companies leading the charge.

    Join Our New "To The Moon" daily Newsletter

    Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts & stay on top 👊🌚

    Thank you!

    You have successfully joined our subscriber list.

    .

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Previous ArticleNFT ownership in UAE overshadows the global average by more than half
    Next Article Animoca Brands to Cover Loses After Phantom Galaxies’ Discord Hack
    Ola

    Ola is a US-based writer and digital nomad. He loves thinking, learning, and writing about all things Web3, particularly its impact on major creative industries.

    More great NFT Evening content:

    Immutable Unveils Its ‘Passport’ Allowing For Seamless Web3 Gaming

    February 1, 2023

    Twitch Co-Founder Invests On Oh Baby Games $6M Seed Round

    February 1, 2023

    BAYC Artist Migwashere Launches New NFT Collection, Wen Sandwich

    January 31, 2023

    National Geographic NFTs Turn Into a National Failure

    January 31, 2023

    Warner Music Group Launches a DJ Contest in The Sandbox

    January 31, 2023

    Sorare Partner With The English Premier League To Release NFTs

    January 31, 2023

    OneFootball To Drop “Tifosi Selection” NFT Collection Honouring Italian Football Fans

    January 30, 2023

    Doodles Hires A New Advisor For The DoodleBank

    January 29, 2023
    Latest NFT News

    Immutable Unveils Its ‘Passport’ Allowing For Seamless Web3 Gaming

    February 1, 2023

    Twitch Co-Founder Invests On Oh Baby Games $6M Seed Round

    February 1, 2023

    Doodles Dooplicators Go Live Tomorrow: Here’s What to Know

    January 31, 2023

    BAYC Artist Migwashere Launches New NFT Collection, Wen Sandwich

    January 31, 2023

    National Geographic NFTs Turn Into a National Failure

    January 31, 2023

    Warner Music Group Launches a DJ Contest in The Sandbox

    January 31, 2023

    Sorare Partner With The English Premier League To Release NFTs

    January 31, 2023

    Avalanche Park x Ed Balloon Concert Series to Highlight NFT Musicians

    January 30, 2023
    Get The FREE Exclusive Report
    CLICK HERE

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • Music
    • News
    • NFT Marketplaces and Tools
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Collaboration and Press Releases
    • Job Opportunities
    • About Us
    • Contact Us
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.