While Cryptocurrency markets continue to trade sideways and Bitcoin is struggling to stay above $60k, some coins are still experiencing significant price gains today. Reserve Rights, The Sandbox, and Mines of Dalarnia are the top 3 gainers today, up over 20% in the past 24 hours.
Launched in May 2019, Reserve Rights is a dual-token stablecoin known as RSV. The second token is RSR, which is used to keep RSV levels at $1.
As you might have guessed, the RSR token is volatile since it keeps the value of RSV stable by arbitraging. In addition, RSR is also a governance token that allows users to vote on proposals.
Reserve Rights offers a variety of features, including an app designed to help people living in hyperinflationary economies and an exchange that allows users to send and receive funds without having access to a bank account.
In recent news, Reserve announced their protocol team is anticipating launching the main net in December or January.
The team sent a series of tweets explaining how the main net launch would proceed and received quite a positive response from the community.
The tweet got over 1.2k likes, showing the amount of support surrounding the project.
Reserve Rights is trading at $0.04, up 20% in the past 24 hours at the time of writing. You can purchase Reserve Rights on major exchanges like Binance, Huobi Global, Bithumb, KuCoin, Crypto.com, and more.
Only the most anticipated Metaverse coin on the market, the Sandbox, is up over 21% today, currently trading at $7.73 and inching closer to $10.
The Sandbox is considered by many to be the main competitor to Decentaland, offering a similar 3D Metaverse and economics when it comes to buying plots of land and customizing them.
The most likely reason for SAND’s price hike today is the upcoming alpha launch of the game tomorrow.
Users will be able to explore the Metaverse tomorrow through 18 experiences created by the Sandbox team. To experience the full release, users must have an Alpha Pass, an NFT ticket that allows users open access to the Alpha and enables players to earn up to 1000 SAND and three exclusive NFTs.
Don’t worry because if you don’t have an Alpha pass, you can still access three full experiences and the Alpha HUB, a central experience similar to Decentraland’s Hub.
At the time of writing, The Sandbox is trading at $7.61, up over 22% in the past 24 hours. You can purchase SAND on most major exchanges like Binance, KuCoin, Huobi Global, Uniswap, Crypto.com, and more.
Mines of Dalarnia is one of the most exciting Metaverse games currently on the market. It’s a blockchain-based action-adventure game that allows players to mine and combines various in-game items, improving their skills and gears to unlock the MoD universe.
Mines of Dalarnia recently received a brand new update on November 25th. The update enables players to start mining plots of land that will be the pillar of the game’s Play-to-Earn economy.
The MoD universe consists of several planets, each split into 40×40 plots of land. Players will have to pay a “Dig Cos,” containing a DAR fee.
There is quite a bit of similarity between MoD and top Metaverse projects like Decentraland and The Sandbox. The difference is that MoD features a 2D universe instead of MANA’s or SAND’s 3D Sandbox.
Mines of Dalarnia are currently trading at $3.64, up over 20% in the past 24 hours. With a market cap of $440 million, MoD is trying to breach the $500 million thresholds. The recent update is a step in the right direction, and I wouldn’t be surprised to see MoD hit $5 by the end of the year.
You can purchase MoD on major exchanges like Binance, Gate.io, Crypto.com, Uniswap, and more.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.
Follow us on Twitter @themerklehash to stay up to date with the latest cryptocurrency news!
In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…
Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…
The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…
Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…
It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…
Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…