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<p>The post <a rel="nofollow" href="https://coinpedia.org/news/why-metaverse-tokens-are-up-today-amid-market-shakeup/">Metaverse Tokens Soar Amid Market Turmoil; Here Are the Top Picks!</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The cryptocurrency markets faced significant turmoil over the last two days, primarily due to the <a href="https://coinpedia.org/news/xrp-and-solana-show-strength-crypto-market-falls-following-concerns-over-ftx-sell-off/">FTX sell-off</a>. Cryptocurrencies witnessed a sharp decline, with the total market capitalization dropping by over 40% at one point yesterday. As of now, there’s been a slight market rebound. However, amid this widespread downturn, certain tokens have bucked the trend. </p> 
<p>Notably, in the last day, most Metaverse tokens have experienced an impressive surge in their values.</p> 
<h2 id="metaverse-tokens-on-the-rise" data-name="metaverse-tokens-on-the-rise" class="wp-block-heading">Metaverse Tokens on the Rise</h2> 
<p><strong>Internet Computer (ICP)</strong> has experienced the biggest surge, with its price increasing by 6.9% in the past day. It is now priced at $2.99. <strong>Axie Infinity (AXS)</strong> is another standout, with its price increasing by 4.9% in the past 24 hours. It is now valued at $4.74. <strong>ApeCoin (APE)</strong> has also seen significant growth, with its price increasing by 8.8% in the past day. It is now priced at $1.11.</p> 
<p>These gains are likely due to the growing interest in the metaverse.</p> 
<p>Read More: <a href="https://coinpedia.org/news/crypto-market-braces-for-turbulence-as-key-events-loom-key-dates-to-watch/">Crypto Investors on High Alert: Top Events You Need to Watch This Week</a></p> 
<h2 id="steady-climbers" data-name="steady-climbers" class="wp-block-heading">Steady Climbers</h2> 
<p>Some tokens are quietly making steady progress. The Sandbox (SAND), a virtual realm where players can own, create, and monetize their gaming experiences, has seen a growth of 2.99% over the past day. Similarly, Decentraland (MANA), a decentralized platform for creating and experiencing 3D content, has grown by 2.59% in the last 24 hours.</p> 
<p>Theta Network, Render, and Stacks are also demonstrating positive momentum, with day-over-day gains of 0.49%, 0.8%, and 1.1%, respectively. While the spotlight shines on the tokens mentioned above, newcomers like Vulcan Forged PYR and Enjin Coin (ENJ) are proving their mettle with daily surges of 3.02% and 2%, respectively. These impressive figures underscore the vast, dynamic, and continuously expanding nature of the metaverse ecosystem.</p> 
<h2 id="whats-driving-the-interest" data-name="whats-driving-the-interest" class="wp-block-heading">What’s Driving the Interest?</h2> 
<p>The surge in interest in metaverse tokens can be attributed to a combination of factors. Trading volumes are soaring, a strong indicator of bullish sentiment. Additionally, chart patterns across various tokens have consistently formed ‘ascending triangles,’ often signaling a continuation of the bullish trend. </p> 
<p>At the same time, RSI readings for many of these tokens have remained below the 70-mark, suggesting that they are not overbought despite their upward price movements.</p>

Metaverse Tokens Soar Amid Market Turmoil; Here Are the Top Picks!

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