Max E.Wed, Feb 16, 2022 6:25 PM
Avalanche, Decentraland & Axie: 16 February Price Digest
In the last 24 hours, the crypto market recorded a rise in market capitalization by 2% to $1.98 trillion in light of the de-escalation of geopolitical tensions. The main altcoins increased in value and turned green. Considering the price changes over the past 3 days, it's safe to assume that the long-awaited peace and stability are finally returning to the crypto market.
Among the ten largest cryptocurrencies, the price of Avalanche (AVAX) has made the biggest jump. AVAX price grew in value remarkably on Wednesday while extending the previous session’s gains. AVAX is up nearly 76% compared to January's lowest recorded level of $53.0. Over the past day, the cost of the AVAX token has increased by 6.89%. At the time of writing, the price remains at $94.84.
Thanks to the positive news about the integration of the largest US bank with Decentraland, the price of the MANA token has increased by 9.25% in the last 24 hours. At the time of writing, MANA is trading at $3.33. The American investment bank JPMorgan has become the first major bank in the metaverse – its branch was launched on the Decentraland platform. The bank has also released a report praising business opportunities inside the metaverse.
Axie Infinity (AXS)
Axie Infinity is priced at $63.50 today. Over the past day, it has grown by 4.53%.
The growth of the AXS price could have been affected by an important earlier update. On February 14, the platform announced the upcoming release of a new game called Axie Infinity: Origin (Battles V3). The game will include improved graphics, special effects, storylines, as well as a brand new interface.