As Bitcoin crossed $21,000 on January 13, 2023, MANA, the flagship token of the Decentraland metaverse platform, has seen a price surge of nearly 75% over the past seven days; Most of the metaverse tokens also rose during this bullish wave.
According to estimates by cryptocurrency market tracker CoinMarketCap on January 16, the MANA index rose by more than 24% in the past day, with a 24-hour trading volume of more than $986 million; In the past month, its price has also risen by triple digits by around 110%, Cointelegraph reported.
Meanwhile, Decentraland's competitor, Sandbox token (SAND), has seen its price increase by more than 35% and 13% in the past seven days and over the past 24 hours, respectively. (Axie Infinity) famous in the world of gaming for profit increased by 27% in the past week.
Apecoin (APE), the highest metaverse token by market cap, rose 10% in the past week; With a 24-hour gain of more than 2.4%, the 24-hour APE was $221 million according to CoinMarketCap.
It is worth noting that the overall cryptocurrency market started the year 2023 very positively after Bitcoin crossed the $17,000 mark on January 9, and since then, Bitcoin has maintained its upward trajectory throughout the week. When bitcoin reached an all-time high in 2023 on January 13, it was estimated to have traded around $22 billion, up 40% from the previous day.
