Bitcoin and Ethereum Have a Meh Monday While Gaming Tokens Score Gains

Bitcoin and Ethereum Have a Meh Monday While Gaming Tokens Score GainsCredit: decrypt

decrypt

10 months ago

Bitcoin and Ethereum are down today while the stock market roars. But a number of Metaverse tokens are soaring.

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According to CoinDesk, Bitcoin, Ethereum, and other cryptocurrencies experienced a mostly muted Monday, with only stablecoins and gaming-related tokens, such as Enjin and Decentraland, managing to score gains. This suggests that the recent surge in the crypto market has been driven by more specific sectors of the industry, rather than the broader market as a whole. Analysts believe that the ongoing bull run could be further sustained by a steady influx of institutional investors, as well as increasing adoption by retail traders.

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Landindex is the world’s most trusted and accurate source for Metaverse market information, pricing, and data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics. Landindex is a U.S. company registered in the United States of America. Landindex has been the premier price-tracking website for Metaverse sales and acquisitions, including those in the Metaverse. It is the most referenced and trusted source for comparing thousands of land properties, including those within Metaverse, in the real estate space by users, institutions, and media. Landindex firmly stands for accurate, timely, and unbiased information, enabling each end user to draw their own informed conclusions from Landindex data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics.

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