{"id":316816,"date":"2022-01-25T05:40:03","date_gmt":"2022-01-25T10:40:03","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=316816"},"modified":"2022-01-25T10:20:17","modified_gmt":"2022-01-25T15:20:17","slug":"5-best-metaverse-altcoins-to-buy-for-high-returns-january-2022-week-4","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-metaverse-altcoins-to-buy-for-high-returns-january-2022-week-4","title":{"rendered":"5 Best Metaverse Altcoins to Buy for High Returns January 2022 Week 4"},"content":{"rendered":"
The cryptocurrency market has gained a little after taking a battering over the weekend. Its total cap has risen by 5% in the past 24 hours, to $1.74 trillion. Many major coins have risen along with it, with bitcoin (BTC) jumping by 9% in the past day. However, several of the biggest gainers have been metaverse cryptocurrencies, with decentraland (MANA), for example, rising by 12%. As such, we’ve put together a list of the 5 best metaverse altcoins to buy for high returns.<\/p>\n
SAND is up by 11.8% in the past day, rising to $3.04. This represents a hefty 36% fall in the past week and a 56% drop in the last 30 days. SAND is also 64% down on its all-time high of $8.40, set on November 25.<\/p>\n
<\/a><\/p>\n SAND’s technical indicators show that it may have just begun recovering. Its relative strength index (in purple above) began rising again after falling below 20 on Monday. Its 30-day moving average (in red) has stopped falling, and may be about to begin rising towards its 200-day (in blue).<\/p>\n Regardless, SAND is certainly one of the most promising metaverse altcoins. Its native platform, The Sandbox, is easily one of the most successful NFT-based metaverse blockchains in the market. It had a very strong 2021, even selling one plot of land for $4.3 million at the start of December<\/a>. It also turned over $86 million in land sales<\/a> in the last week of November alone, more than Decentraland or any other metaverse-related platform.<\/p>\n On top of this, it raised $93 million from major VC fund SoftBank at the beginning of November<\/a>. Meanwhile, its parent company, Animoca Brands, raised a whopping $358 million<\/a> about a week ago. With this kind of money behind it, expect it to keep growing.<\/p>\n