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Ether Hits Fresh Record High, Sandbox's SAND Leads Rally in Metaverse Coins – CoinDesk

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Ether hits record highs on Nov. 2, 2021 (CoinDesk)
Ether (ETH), the native cryptocurrency of Ethereum’s blockchain, refreshed record highs on Tuesday amid continued bullish flows in the options market. Meanwhile, tokens associated with virtual reality games extended their rally on Facebook’s recent championing of the metaverse as the next evolution of social technology.

Ethereum-based virtual reality platform The Sandbox’s SAND token tapped record highs above $3, taking the seven-day gain to over 300%. Other gaming tokens like enjin coin (ENJ) and lluvium’s ILV token also traded higher.

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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Omkar Godbole
Omkar Godbole is the senior reporter on CoinDesk's Markets team.
Follow @godbole17 on Twitter
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
@2021 CoinDesk

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