Metaverse Platform Price Action 2022 Virtual World Blockchains Include Decentraland(DCL) in Santa Claus Rally

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santa claus rally

Santa Clause rally is typically the last 5 to 7 trading days of the year. Predictions on how to buy and make money in 2022 as investors position their assets for short and long-term gains.

Top Cryptos to Keep an Eye On

Bitcoin and Solana are leading the way in the top 5. Both gained around 6% today. Binance Coin is up around 4%. Outside the top five, Cardano is finally starting to reverse extended losses. It is up just over 8% at the time of writing.

Terra continues its wild ride, down 13% yesterday, but up 15% both today and the day before yesterday. Crypto.com’s coin CRO has also gained 15%, recovering from recent losses.

Top Movers the Dogs are Barking

Dogelon Mars, a dog-themed meme coin with a name alluding to Elon Musk, Dogecoin, and Mars, entered the top 100 after gaining 38% this morning.

After NFT gaming ecosystem platform Sandbox raised $93 million in an investment round, the Sandbox (SAND) token price hit an all-time high of $3.45 on November 3. Then, it gained another 150%, reaching a peak of $8.51 about a month ago. It is currently trading for $6.26 and added 21% to its value today.

The live Internet Computer Protocol (ICP) price today is $28. Internet Computer is up almost 19% in the last 24 hours. It is surging news that a new cross-chain bridge between Ethereum and Internet Computer would make it possible to support native ERC20 tokens on the ICP network.

Arweave, a decentralized storage network that seeks to offer a platform for the indefinite storage of data, is up 17% today. The network is a self-described “collectively owned hard drive that never forgets.”

MANA Recovering Heading into 2022

Decentraland (MANA) is yet another top 100 metaverse token to begin recovering from recent losses. Metaverse tokens and open-source virtual worlds on the blockchain continue to appreciate in price and value. It has gained 15% today. Fantom is also up 15%. Enjin Coin, another metaverse token, has gained 11%.

Dash, an open-source blockchain and cryptocurrency-focused on offering a fast, cheap global payments network, seeks to improve upon Bitcoin by increasing privacy and transaction speed. It has gained 14% today.

Following a rebrand to eCash (XEC), Bitcoin Cash ABC gained around 13%. It also redenominated to a 1:1000000 ratio.

The live Gala price today is $0.51 with a 24-hour trading volume of just over $1 billion. The gaming token is up 11.50% in the last 24 hours.

Other top 100 winners include Holo, IoTeX, SushiSwap, and WAX, which added values of 10%, 12%, 13%, and 12% respectively.

Trending: Payment Tool Provides Passive Income

PAPPAY is a cryptocurrency that can be used for digital purchases and online payments. The payment tool also provides holders with passive income. It’s easily one of today’s biggest winners, having added 242% to its value.

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