Market highlights December 24: Crypto’s Santa rally

The crypto market is booming on December 24 as Christmas Eve approaches. This led analysts to coin the term “Santa rally”.

Top cryptos

Bitcoin and Solana are leading the way in the top 5. Both gained around 6% today. Binance Coin is up around 4%. Outside the top five, Cardano is finally starting to reverse extended losses. It is up just over 8% at the time of writing.  

Terra continues its wild ride, down 13% yesterday, but up 15% both today and the day before yesterday. Crypto.com’s coin CRO has also gained 15%, recovering from recent losses.

Top movers

Dogelon Mars, a dog-themed meme coin with a name alluding to Elon Musk, Dogecoin, and Mars, entered the top 100 after gaining 38% this morning.

After NFT gaming ecosystem platform Sandbox raised $93 million in an investment round, the Sandbox (SAND) token price hit an all-time high of $3.45 on November 3. Then, it gained another 150%, reaching a peak of $8.51 about a month ago. It is currently trading for $6.26 and added 21% to its value today.

The live Internet Computer Protocol (ICP) price today is $28. Internet Computer is up almost 19% in the last 24 hours. It is surging on news that a new cross-chain bridge between Ethereum and Internet Computer would make it possible to support native ERC20 tokens on the ICP network. 

Arweave, a decentralized storage network that seeks to offer a platform for the indefinite storage of data, is up 17% today. The network is a self-described „collectively owned hard drive that never forgets.“

Decentraland is yet another top 100 metaverse token to begin recovering from recent losses. It has gained 15% today. Fantom is also up 15%. Enjin Coin, another metaverse token, has gained 11%.  

Dash, an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network, seeks to improve upon Bitcoin by increasing privacy and transaction speed. It has gained 14% today.

Following a rebrand to eCash (XEC), Bitcoin Cash ABC gained around 13%. It also redenominated to a 1:1000000 ratio.

The live Gala price today is $0.51 with a 24-hour trading volume of just over $1 billion. The gaming token is up 11.50% in the last 24 hours. 

Other top 100 winners include Holo, IoTeX, SushiSwap, and WAX, which added value of 10%, 12%, 13%, and 12% respectively.

Trending

PAPPAY is a cryptocurrency that can be used for digital purchases and online payments. The payment tool also provides holders with passive income. It’s easily one of today’s biggest winners, having added 242% to its value.

The post Market highlights December 24: Crypto’s Santa rally appeared first on Coin Journal.

Dogelon Mars up 37% today, crashes top 100: here’s where to buy Dogelon Mars now

The live Dogelon Mars price today is $0.000002 with a 24-hour trading volume of $113.4 million. Dogelon Mars is up 37% in the last 24 hours. It broke the top 100 by market cap and currently ranks at #95 on CoinMarketCap. If you want to know more about Dogelon Mars, this guide is for you.

Top places to buy Dogelon Mars now

As ELON is such a new asset, it’s yet to be listed on major exchanges. You can still purchase ELON using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy ELON right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for ELON

Now that you’re connected, you’ll be able to swap for 100s of coins including ELON.

What is Dogelon Mars?

Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon. It follows the example of other successful dog coins like Dogecoin, Shiba Inu and Floki Inu. Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement. Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 300,000 Twitter followers and more than 84,000 followers on Telegram.

Should I buy Dogelon Mars today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Dogelon Mars price prediction

Crowd Wisdom’s recommendation for the next few hours is Buy. All of the 5 technical indicators for momentum are positive and none are negative.

Dogelon Mars on social media

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No end to Sandbox gains in sight: Top places to buy Sandbox today

After NFT gaming ecosystem platform Sandbox raised $93 million in an investment round, the Sandbox (SAND) token price hit an all-time high of $3.45 on November 3. Then, it gained another 150%, reaching a peak of $8.51 about a month ago. It’s currently trading for $6.26. If you want to know what SAND is, whether it’s worth investing in, and where to buy SAND now, you’d be happy to know we wrote this guide just for you!  

Top places to buy Sandbox now

As SAND is such a new asset, it’s yet to be listed on major exchanges. You can still purchase SAND using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy SAND right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for SAND

Now that you’re connected, you’ll be able to swap for 100s of coins including SAND.

What is Sandbox?

The Sandbox is a virtual gaming ecosystem based on Ethereum and Unity Software. Under its play-to-earn model, players can create, own and monetise their gaming experience using SAND. The platform features an NFT marketplace for creators to trade their assets and Voxedit, an asset creation tool for producing non-fungible tokens (NFTs) that can be used in-game. The Sandbox Game Maker lets anyone build, share and monetise 3D games on the platform. Token holders can vote on key decisions related to the ecosystem via a DAO.

Pixowl launched Sandbox a decade ago. Pixowl was founded by entrepreneurs Arthur Madrid and Sebastien Borget and acquired by the prominent Hong Kong-based VC fund Animoca Brands in 2018.

Should I buy Sandbox today?

SAND can be a profitable investment if you pick the right time to buy it. Take all price predictions or recommendations to buy or not to buy with a grain of salt.     

Sandbox price prediction

Digital Coin forecasts that the token’s price will average $7.89 next year and reach $9.42 in 2025. By 2028, it will hit $21.

Price Prediction estimates that SAND will be worth $7.3 on average in 2022, then triple to $22.17 in 2025 and move up to $145 by 2030.  

Sandbox on social media

The post No end to Sandbox gains in sight: Top places to buy Sandbox today appeared first on Coin Journal.

You can now buy GALA, the native token of Gala Games: here’s where

The live Gala price today is $0.51 with a 24-hour trading volume of just over $1 billion. The gaming token is up 11.50% in the last 24 hours. If you want to find out what GALA is, if you should invest in it, and where to buy GALA, look no farther than this guide.  

Top places to buy GALA now

As GALA is such a new asset, it’s yet to be listed on major exchanges. You can still purchase GALA using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy GALA right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for GALA

Now that you’re connected, you’ll be able to swap for 100s of coins including GALA.

What is GALA?

GALA is the native token of Gala Games, a platform that aims to take the gaming industry in a different direction by giving players back control over their games. Gala Games mission is to make “blockchain games you’ll actually want to play.” The project wants to change the fact that players can spend hundreds of dollars on in-game assets, and countless hours spent playing the game, which could be taken away from them with the click of a button. It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchain technology.

Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem. The Founder’s Nodes voting mechanism allows players to influence what games Gala should develop and what games should get funding.

Should I buy GALA today?

Never take any decision involving your finances without careful planning in advance. Gaming tokens are particularly volatile, even by crypto standards.  

GALA price prediction

According to Crowd Wisdom, GALA will be trading between $ 0.46 and $ 0.52 in the next few hours. Their overall recommendation for the next few hours is Buy. 4 of the 5 momentum indicators are positive. Just one of them is negative.  

GALA on social media

The post You can now buy GALA, the native token of Gala Games: here’s where appeared first on Coin Journal.