Three Gaming Altcoins Spark Massive Rallies, Ignoring Bitcoin and Crypto Market Breakdown

While the overall cryptocurrency market is experiencing a turbulent week, various gaming altcoins are challenging the downtrend in major ways.

SAND is the native token of The Sandbox, an Ethereum-based platform virtual world that allows video game fans to create, own and monetize their gaming experiences.

The price of SAND It has risen more than 20% to $ 4.21 as of this writing.

Also in green is JEWEL, the native token of the nostalgic pixel art fantasy game DeFi Kingdoms that features usable NFTs (non-fungible tokens).

JEWEL It is currently trading at $ 7.07, an increase of 12.31%.

The virtual world Decentraland (MANA) is also countering the general downtrend of cryptocurrencies. Today your native token WHERE it is up more than 5% to $ 3.57.

The new price increases come after Facebook's recent Meta rebrand announcement, which sent many cryptos related to the metaverse skyrocketing.

Meanwhile, the top two cryptocurrencies are down more than 5% today, with Bitcoin (BTC) now valued at $ 57,269 and Ethereum (ETH) having dropped just below the $ 4,000 mark.

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Featured Image: Shutterstock / galacticus / Vladimir Sazonov / Andy Chipus


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