Altcoins

MANA, SAND, And AXS Poised For Double-Digit Gains! Here’s Why?

Written by: Elena R

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Jan 31, 2022

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Highlights

    Crypto assets from diverse sectors such as NFTs, and metaverse outperform mainstream cryptocurrencies.

    MANA, SAND, and AXS emerge as the apple of investors' eyes.

The crypto town is home to a host of digital assets have been standing against torrential market swings. While a majority of the mainstream cryptocurrencies are yet to recover from the ruins of the doom. The directory’s diverse sectors and its assets have been outperforming the majority of the legacy coins.

Successively, digital assets from the cubicles of the market’s diverse offerings have been raging ahead of bigger coins. From the business’s plethora of offerings, MANA, SAND, and AXS have emerged as the apple of investors’ eyes. With dynamic performance in the business and monetary metrics, digital assets have been leaving no stones unturned.

Are These The Alts For The Future?

Decentraland (MANA)

The metaverse project is up and running at a brisk pace. The project is now home to a number of events and virtual parties being hosted by numerous organizers. The virtual world is now the land for events from parties to consumer events. In a recent event, AO metaverse is hosting a closing party featuring Tigerlily, and special guests. The event is scheduled for the 30th and 31st of January.

MANA at press time is trading at $2.473 with gains of 4.093%, the digital asset for the past 24-hours has been trading in the bandwidth from $2.290 to $2.558. While the market cap of the asset is hovering at about $4.513 B, the volume of trades around the clock is at $663.839 M. 

The Sandbox (SAND)

The protocol in a recent update has partnered with renowned Warner Music Group to create the first-even music-themed event in the virtual world. The music group now owns a virtual land parcel, which is a beachfront property. The group will be deploying efforts in developing an immersive experience for artists and audiences.

SAND price at the time of press is trading at about $3.834, with gains recorded at 1.414% for 24-hours and 17.228% for the week. The digital asset has been trading in the bandwidth from $3.676 to $4.065. In the interim, the market cap of the asset is floating at about $3.547 B, while the trade volumes for 24-hours are at $1.145 B.

Axie Infinity (AXS)

Axie Infinity has been rising ahead of its rivals on numerous fronts and has established its reign in the gaming world. In one of the recent updates, the developers have released the governance token for the Ronin blockchain to the mixed player response. 

AXS price at the time of writing is changing hands at $55.03, with profits scripted at 11.16%. The digital coin has been trading from the lows of $47.76 to the highs of $55.97 since the previous day. The market cap of Axie Infinity has been floating around the numbers of $3.37 B, while the volume of trades for a day and night is at $668.61 M.

Concluding the aforementioned digital assets have been raging ahead of the market trends since the past week. Bringing the much-needed relief for holders of the assets. With the market expected to remain skittish for the near future, the said assets would be ideal ones to bag. 

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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