ENJ - These 3 Metaverse Tokens Are Heating Up Today
The crypto sector continues to make a nice move higher this morning, driven by outperformance from a number of niche corners of the market. Among the winning groups investors are focusing in on this morning are metaverse-related tokens. As of 9:45 a.m. ET, The Sandbox (CRYPTO: SAND) , Enjin Coin (CRYPTO: ENJ) , and Decentraland (CRYPTO: MANA) moved 11.2%, 9.7%, and 8.9% higher, respectively, over the past 24 hours.
These moves appear to be the result of a number of positive catalysts, which are actually being priced into these tokens right now.
First, various reports that Time magazine has partnered with The Sandbox to develop a virtual rebuild of New York City has investors excited. This collaboration was announced yesterday, with Time reportedly looking to build a "TIME Square" in this virtual world.
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These 3 Metaverse Tokens Are Heating Up Today