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Cryptocurrency News Articles

Daily Top Performer — Sandbox (SAND)

Nov 25, 2024 at 01:07 pm

Daily Top Performer — Sandbox (SAND)

SAND price surged 59.4% following The Sandbox Weekly, highlighting Alpha rewards, new features, and metaverse innovations.

The S&P 500 rose 1.68% last week on strong economic data and election optimism.

Investors now await FOMC minutes, inflation data, and key earnings reports this week.

The Coindesk Indices, an index measuring broader cryptocurrency market performance, was down by 2.10%, with Bitcoin and Ether dropping by 0.28% and 0.40%, respectively in the past 24 hours.

Top Performer: SAND Surges on Alpha Rewards, Metaverse Updates

Today’s top performer, SAND, surged 59.4% following the release of The Sandbox Weekly, highlighting Alpha rewards, new features, and metaverse innovations.

Launched in 2012, Sandbox (SAND) is a virtual world game with a blockchain-based version by Animoca Brands, where users can trade and monetize creations using SAND, an Ethereum-based token.

The Sandbox Weekly (Edition 57) showcases the latest updates in The Sandbox metaverse from November 11–17.

This includes rewards from Alpha Season 4, new partnerships, and events like the Attack on Titan avatar collection launch.

Players can earn exclusive rewards, participate in tournaments, explore creative experiences like "The Art of Runway," and join giveaways for SAND tokens, NFTs, and Sandbox LAND.

Community initiatives like DAO delegation and tools like Magic Palette empower creators, while events and AMAs offer insights into Web3 innovations and metaverse developments.

Check Out the Latest Prices, Charts, and Data of SANDUSDT Perp and SAND/USDT Spot Contracts!

FIFA Partners with Mythical Games for Play-to-Earn Mobile Soccer Game

In other news, FIFA has partnered with Mythical Games to launch FIFA Rivals, a free-to-play mobile soccer game, set for release in summer 2025 on iOS and Android.

The game features real-time arcade gameplay where players manage soccer clubs and compete globally.

Developed on the Mythos blockchain, it builds on the success of Mythical’s previous games and leverages FIFA’s massive global audience, aiming to reach over 100 million players.

The game incorporates play-to-earn mechanics, allowing players to own and monetize in-game assets.

This partnership highlights the growing trend of sports organizations exploring blockchain technology for fan engagement and in-game economies.

Check Out the Latest Prices, Charts, and Data of DOTUSDT Perp and DOT/USDT Spot Contracts!

Bitcoin Spot ETF Flows

Date

GBTC (M USD)

Non-GBTC (M USD)

Total (M USD)

18 November 2024

5.8

249.0

254.8

19 November 2024

16.2

813.3

829.5

20 November 2024

0.0

773.4

773.4

21 November 2024

(7.8)

1,012.9

1,005.1

22 November  2024

(67.1)

557.4

490.3

Total (weekly)

(52.9)

3,406

3,353.1

Current Total (from inception): 

(20,326)

51,140

30,814

Between November 18–22, 2024, BTC Spot ETFs saw a net outflow of $52.9M from GBTC and a net inflow of $3,406M from non-GBTC ETFs, resulting in a total weekly inflow of $3,353.1M.

Cumulatively, GBTC has recorded a significant outflow of $20,326M, while non-GBTC ETFs have brought in $51,140M, leading to an overall total of $30,814M.

Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot Contracts!

Airdrop to Watch: Magic Eden’s ME Token Launch Set for December 10

Magic Eden's ME token, linked to its Solana-based ecosystem, will launch on December 10.

The anticipated airdrop, potentially worth a significant sum, will reward users of Magic Eden’s Bitcoin exchange and cross-chain NFT marketplace.

Eligible users can claim the token via the Magic Eden Wallet app, with allocations based on factors like trading activity and platform loyalty.

On launch day, a

Original source:bybit

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