These 5 altcoins stepped on the gas: Is the Metaverse trend returning?
The rise of the leading altcoins in the Metaverse field in the last week gave signals that the trend may return.
With Bitcoin holding above $ 95,000, the upward momentum in altcoins accelerated. Especially the altcoins related to the Metaverse attracted attention with their rise. Metaverse projects, which came to the fore with their performance in the last week, brought the bull season in 2021 to mind.
SAND, which increased by 120 percent in the last week, literally shouldered the Metaverse trend. #SAND , which showed a good performance not only compared to the altcoins in this category but also compared to the market in general, made its investors happy. The $ 1 band can be followed as resistance for the popular altcoin.
2- Decentraland ($MANA )
#MANA , one of the popular projects in the Metaverse field, recorded a 60 percent increase in the last week. After a long break, MANA broke $ 0.50 in volume. If the Metaverse trend returns, the upward momentum in the parity may continue.
AXS, which operates in the Metaverse/GameFi categories, showed a 50 percent performance in the last week. The popular altcoin, which left $ 8 behind, reminded us of the bull run in 2021. The price of #AXS will experience movement depending on the trends.
4- Enjin Coin (ENJ)
ENJ, which is remembered with the bull run in 2021, increased by 40 percent in the last week. #ENJ , which has reached a market value of $ 500 million again, continues to give bullish signals. With a possible trend reversal, the $ 0.50 band can be targeted for ENJ.
5- Yield Guild Games (YGG)
YGG, another altcoin active in the Metaverse/GameFi field, increased by 70 percent in the last week. #YGG , which stands out with its support for game projects, seems to have the wind at its back. The resistance level that YGG investors should pay attention to will be $0.75. Exceeding this level could accelerate the rise even further.
