Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Sandbox
The Sandbox (SAND) Sets Sights On 1,111% Growth Amid Crypto Market Pressures
The Sandbox (SAND) has lately attracted interest with opposing opinions on its potential price movement. Although some analysts believe there is room for large increases, short-term data point to a more wary stance. Though long-term estimates show a different, more hopeful picture, recent studies hint to a likely price decline in the next weeks. What then is the actual SAND story, and should investors act right now or hold off? Crypto price prediction website CoinCodex says, by mid-October 2024, the…
9 months ago
2024 Crypto Price Extravaganza: Unveiling Predictions for Decentraland (MANA), Cosmic Kittens (CKIT), and The Sandbox (SAND)
Three cryptocurrencies may dominate the market in 2024: Decentraland (MANA), Cosmic Kittens (CKIT), and The Sandbox (SAND). While you may be familiar with MANA and SAND, CKIT is a new project that will soon enter its presale. Some analysts say it may even soar by 600% in 2024. Today, we will find out why. >>Click Here To Learn More About Cosmic Kittens (CKIT)<< Decentraland (MANA) Users Leverage Magic To Enhance Account Creation At the start of the year, Decentraland (MANA)…
11 months ago
Metaverse Firm Sandbox (SAND) Now Owns DOGE and SHIB; Rollblock (RBLK) Hits Record Volume As Holders Brace For Price Increase
Sandbox (SAND) has announced that it has acquired six meme tokens, including DOGE and SHIB, to help support specific communities and heighten its influence in Web3 culture. The recent acquisition highlights the potential for meme coins to create intriguing opportunities for interaction and engagement in the GameFi market and, more importantly, foster a more inclusive and diverse community. Rollblock (RBLK) continues to gain traction, fueled by its attractive live casino and intriguing revenue share model, which offers the best passive…
12 months ago
BREAKING: IOTA’s Web3 ID Solution Selected for European Sandbox Initiative
IOTA’s Web3 ID Solution has been selected for the prestigious European Blockchain Sandbox. This initiative represents a major advance in privacy-focused KYC processes for the Web3 environment. Following the launch of a blueprint for the EU Digital Product Passport with Digimarc in CNF previous report, IOTA continues to demonstrate blockchain’s versatility. A recent update from IOTA’s blog dated June 13, 2024, proudly announces the selection of their Web3 Identification Solution for the European Blockchain Sandbox by the European Commission. This…
12 months ago
Over 80% of Algorand (ALGO), Sandbox (SAND), Arbitrum (ARB) Holders Are Losing Money
A recent analysis by IntoTheBlock reveals a troubling trend for holders of some notable altcoins. Indeed, over 80% of investors in Algorand (ALGO), Sandbox (SAND), and Arbitrum (ARB) are currently facing losses. Altcoin Holders Face Significant Losses According to IntoTheBlock, Algorand is at the forefront, with a staggering 91% of its holders in the red. Sandbox and Arbitrum are not far behind, marking around 80% of their investors with depreciated altcoin portfolios. Other cryptocurrencies such as Axie Infinity (AXS), Chiliz…
1 year ago
Mastercard Brings Card Payments to The Sandbox, Mintable and Others
In a recent press release, leading payments network Mastercard disclosed plans to bring its services into the NFT industry. The company is joining forces with a string of NFT marketplaces to introduce “simple and secure” NFT commerce. Buying NFTs Without Getting Crypto Mastercard's new partners include The Sandbox, Mintable, Nifty Gateway, Candy Digital, and other platforms. Together, they will provide Mastercard holders with the option to acquire non-fungible tokens using their credit or debit cards. Prospective buyers from Mastercard's 2.9B…
3 years ago
Major Bank HSBC to Buy Virtual Lands on Sandbox
HSBC has become the most recent bank to enter the metaverse. As a result, it joins an array of financial institutions interested in virtual properties. Not long ago, Siam Commercial Bank and JP Morgan also announced the launch of their virtual headquarters. HSBC Joins Institutions Invested in the Metaverse HSBC Holdings Plc, headquartered in London, is Europe's second-largest bank, with an estimated equity of US$206.777 billion as of December 2021. The British bank's intentions about a digital future have been…
3 years ago
Sandbox Metaverse Reaches 2 Million Registered Users
Sandbox launched its second alpha season while reaching a major milestone of 2 million registered users. During the four-week event, all players will get free access to more than 35 solo and multiplayer experiences. This includes a sneak-peek into Snoop Dogg's "Snoopverse", and a Hong Kong time-traveling tour called Hong Kong's Star Ferry Pier. New experiences also include a walk through Dracula's Castle, New dungeons, Kingdoms with puzzles, and fights against demons. Furthermore, players will compete in 200 quests for…
3 years ago
Is Metaverse Land a Good Investment? Read This First
The Metaverse land grab is reaching bubble proportions. Despite the staggering valuations, is the Metaverse a good investment? The Metaverse is coming, and everyone wants a piece of it. But most investors are looking in all the wrong places. Major titles like Decentraland and Sandbox have serious structural issues that could seriously limit their potential to attract a gaming audience. But there is hope, as a different audience could make up for it. The Metaverse, an immersive universe of virtual…
3 years ago