The cryptocurrency market has been stuck in a rut since peaking in early November. The weekend has brought some relief to the market, with most major cryptos turning green.
One term that has surged in popularity in 2021 is metaverse, a virtual world concept first coined by author Neal Stephenson in the 1992 book “Snow Crash.”
Even as regulatory ban looms over the crypto industry in India, one digital currency is turning out to be a smash hit with crypto investors in the country.
Grayscale Investments, the world's largest crypto asset manager, which offers funds such as Grayscale Bitcoin Trust (OTC: GBTC), has issued a report which predicts that the emerging metaverse tech sector will develop into a $1 trillion mark
Over the past 24 hours, The Sandbox's (CRYPTO: SAND) price has risen 40.39% to $7.89. This continues its positive trend over the past week where it has experienced a 131.0% gain, moving from $3.34 to its current price. As it stands right now, the coin's all-time high is $8.01.