The native tokens of The Sandbox and Decentrand are slowly diving into their support price level. While this indicates a potential area of buying interest for investors, it can also suggest a weakening market sentiment leading to a further downward movement. While we wait to see if The Sandbox price and Decentraland MANA will bounce back, Meme Moguls is already booming with its stage 1 presale almost sold out.
What you'll learn 👉
The Sandbox Price Maintains a Neutral Market Sentiment as SAND Nears its Support Level
According to Chagelly, The Sandbox is currently keeping a neutral market sentiment with 50% on the bullish side and 50% on the bearish side. Despite the drop in price of The Sandbox coin (SAND) in the last 24 hours, per Coingecko, an impressive 81% of its users are optimistic about the coin today.
The Sandbox coin is currently priced at $0.48 per SAND and has been showing signs of breaking its support level of $0.4764, following its 5.59% drop from yesterday till now. The trading activity of The Sandbox has also reduced by 9.67%, but this might not be the case for long.
In anticipation of Sebastien Borget’s announcement on The Sandbox and what it aims to accomplish by 2025, more users might flock to the coin next year in preparation for a new era. Hence, The Sandbox is still one of the best crypto investment platforms to consider.
There’s a Significant Dip in Decentraland’s (MANA) Trading Activity
On Sunday, things seemed good for Decentraland holders as the price of Decentraland MANA hit a significant $0.5454, a tiny gap below its resistance level, however this wasn’t the case for long.
After the brief spike, the Decentraland coin fell and is now priced at $0.4697, a 4.46% drop from its price in the last 24 hours. This was also followed by a large 30.71% drop in the trading activity on the Decentraland metaverse.
However, this “gameworld” termed the Decentraland metaverse is poised to become one of the best crypto investment in the gaming sector. According to Yahoo Finance, the blockchain gaming market size is expected to rise up to USD 614.91 billion by 2030 and Decentraland, being one of the biggest players in this sector, will contribute to this.
Meme Moguls (MGLS) Ongoing Stage One Presale is Sells Out
Currently priced at $0.0023 per MGLS, Meme Moguls has currently racked up an impressive sales record in stage 1 of its presale.
After having sold out its beta stage in a record-breaking time, the new coin is set another milestone as stage 1 sold in a buying frenzy.
What attracts users to the Meme Moguls platform is its utility and play-to-earn features, positioning it as the best new crypto to invest in. Users of Meme Moguls platform will be able to earn passively through staking of the $MGLS token and other initiatives in the ecosystem.
Speaking of the initiatives, the $MGLS token is unlike the native token of Decentraland or The Sandbox. It goes beyond being a utility token to being an earning tool that grants you access to participate in a simulated trading, meme-backed trading and exciting virtual casino games where MGLS works as an in-game currency.
The platform also offers a $100,000 virtual cash to start achieving your trading dreams. The more you complete challenges and trading missions, the more you earn more token rewards and also turn your virtual start cash into real money.
Analysts are predicting a 100x token on the Meme Moguls token next year after it launches, so hurry now and join its presale to stand a chance of becoming a mogul with the best new crypto investment.
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