AXS, SAND and ENJ are the metaverse tokens to buy on November 21 and this is why

By: Invezz
Image for Metaverse

Axie Infinity AXS/USD is one of the most popular blockchain-based trading and battling games out there. AXS is its native cryptocurrency token.

The Sandbox SAND/USD is a blockchain-based virtual world that allows players to create, build, buy and even sell digital assets. SAND is the native cryptocurrency token that powers it.

Enjin Coin ENJ/USD is an ecosystem of interconnected, blockchain-based gaming products, where ENJ is the digital store of value used to back the value of assets such as NFTs.

Should you buy Axie Infinity (AXS)?

On December 21, Axie Infinity (AXS) had a value of $96.

To get a better indication as to what kind of value point this is for the AXS token, we will go over its all-time high-value point as well as its performance last month.

The all-time high value of the AXS token was on November 6, where it reached $164.90 in value.

On November 19, the token had its lowest value point of the month at $123.09. Here, we can see that the token decreased in value by $41.81 or by 25%.

However, from November 19 to December 21, the token decreased by an additional $27.09 or by 22%.

With this in mind, we are at a point in time where AXS is at one of its cheaper points of value and is a worthwhile buy as it has the potential to reach $110 by the end of January 2022.

Should you buy The Sandbox (SAND)?

On December 21, The Sandbox (SAND) had a value of $5.09.

To see what this value point means for the SAND token, we will go over its all-time high value alongside its performance last month.

On November 10, the SAND token had its lowest value point at $2.16.

The all-time high value of The Sandbox (SAND) token was on November 25, when the token reached $8.40 in value. Here, we can see that from November 10 to November 25, the SAND token increased in value by $6.24 or by 288%.

However, from November 25 to December 21, the token decreased in value by $3.31 or by 39%.

With this in mind, SAND has the potential to reach $6 by the end of January 2022, which makes it a solid buy at its current price.

Should you buy Enjin Coin (ENJ)?

On December 21, Enjin Coin (ENJ) had a value of $2.40.

To get an indication as to exactly what this value point means for the ENJ token, we will go over the performance the token had in November as well as its all-time high value.

The lowest point of value that ENJ had in November was on November 1, when the token had a value of $2.42.

The all-time high value of the Enjin Coin (ENJ) token was on November 25, when it reached a value of $4.82.

This gives us an indication that Enjin Coin increased in value by $2.4 or by 99% throughout November.

However, from November 25 to December 21, the token decreased in value by $2.42 or by 50%.

That said, Enjin Coin (ENJ) had the potential to reach $4 by the end of January 2022 again which makes it a solid buy.

The post AXS, SAND and ENJ are the metaverse tokens to buy on November 21 and this is why appeared first on Invezz.

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