The Sandbox & 2 other most popular cryptos this week at Easy Crypto

February 23, 2022 09:37 PM AEDT | By Jasmine Anand
 The Sandbox & 2 other most popular cryptos this week at Easy Crypto
Image source: Coyz0, Shutterstock.com

Highlights

  • Many cryptos, apart from Bitcoin, are gaining popularity among crypto lovers.
  • Many of the new-age digital assets are equipped with unique characteristics, which are enticing crypto investors.
  • Some of the popular tokens include SAND, AXE, and DGB, among others.

With the growing prominence of cryptocurrencies across the globe, there has been a meteoric surge in the number of people worldwide who are going for these digital assets.

Apart from Bitcoin, many other cryptos with unique characteristics are alluring crypto investors.

Interesting Read: Is Fantom a crypto? Does Easy Crypto offer trading in Fantom?

New Zealanders too are increasingly investing in the crypto world and are charmed by some innovative and new cryptos.

Easy Crypto, a leading crypto trading platform across Kiwiland, offers numerous options to trade in cryptocurrencies.

Must Read: Easy Crypto: Is it a safe platform for crypto trading in NZ?

This article covers three hugely popular cryptos trading at Easy Crypto.

cryptocurrency, Easy Crypto, Bitcoin, The Sandbox, Axie Infinity, DigiByte

Source: © 2022 Kalkine Media®

The Sandbox

The Sandbox crypto is one of the most sought-after cryptocurrencies on Easy Crypto this week. As of now, the crypto is priced at NZ$3.27, with almost 10% growth in the last 24 hours.

Introduced in 2011, with its native token being SAND, the Sandbox is a blockchain-based metaverse gaming token, which has gained immense prominence in 2021.

The token allows its users to create, develop, purchase and sell digital assets and to customise avatars in the form of a game.

Also, SAND is a governance token, i.e., its users can hold the token and subsequently vote on decisions regarding the future of the game.

According to its official website, the platform’s chief mission is to integrate blockchain technology in the mainstream world of gaming successfully, thus creating a decentralised platform for a thriving gaming community.

Currently, there are 1.09 billion SAND coins in circulation, while the maximum supply is 3 billion SAND coins.

Axie Infinity

Another crypto that is currently being favoured by crypto investors is Axie Infinity. It is trading at NZ$77, at the time of writing, with a gain of 6.55% in the past 24 hours.

Inspired by the successful Pokemon game series, Axie Infinity is a popular blockchain-based trading and battling game, with its in-house coin known as AXE.

The platform features an open-ended, massively flexible gameplay, allowing its users to collect Axies, digital pets, that can be collected, raised, traded and battled in the ever-expanding Axie ecosystem.

Axie Infinity aims to offer a fun and educational way to gain exposure to blockchain technology capabilities.

As of date, 60.9 million AXS coins are in circulation, with a maximum supply of 270 million AXS coins.

DigiByte

Next is DigiByte, which is also immensely admired by crypto lovers. Currently, it is priced at NZ$0.0298, with a gain of 5.29% in the last 24 hours.

Created by Jared Tate, also known as DigiMan, DigiByte aims to beat the blockchain trilemma of scalability, security and speed, with its native token referred to as DGB.

Being an open-source blockchain, DigiByte is being increasingly used for smart contracts, decentralised applications as well as secure authentication.

According to its official website, DigiByte blocks occur every 15 seconds, which is 40X swifter than the world's largest cryptocurrency, Bitcoin.

Here, it must be noted that no company controls the DigiByte blockchain, and it is a global community-driven project.

Currently, there is a circulating supply of 15.11 billion DGB coins, with a maximum supply of 21 billion DGB coins.

Bottom Line

Apart from Bitcoin, the largest crypto worldwide, many other cryptocurrencies are grabbing the headlines. However, investments in this market must be made judiciously and cautiously as it experiences extreme price fluctuations.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.