DeFi, metaverse and gaming tokens weather the storm as crypto market bleeds

The crypto market was in the red last week and major crypto-currencies, including Bitcoin (BTC) and Ethereum (ETH) plunged to their lowest in weeks.

Bitcoin (BTC), for example, fell from about $68,000 to about $57 and Ethereum (ETH) fell from about $4,800 to about $4,000.

But as the market fell, the decentralized finance economy (DeFi) seemed to weather the storm better than most coins. The total market capitalization of crypto in DeFi rose about 3.5% to about $144.10 billion over the past 24 hours.

Best-performing DeFi tokens

The best performing DeFi tokens over the past seven days are MOBOX (MBOX), IDEX (IDEX), Liquidity (LQTY) and Chromia (CHR). MBOX is up 61%, IDEX is up 22%, LQTY is up 19% and CHR is up 14% in the last 24 hours.

Top performing DeFi tokens over the past 24 hours MOBOX (MBOX), IDEX (IDEX), Liquity (LQTY), Chromia (CHR), PEAKDEFI (PEAK), Maker (MKR) and yearn.finance (YFI). The top gainer over the last 24 hours is MBOX which is up 47% and the second biggest gainer is LQTY recording a 45% increase.

Top performing Metaverse tokens

Metaverse tokens have also performed well and have withstood the current downtrend in crypto. Over the past 24 hours, the total market capitalization of metaverse tokens has increased by about 2% to about $35 billion.

Top performers in metaverse tokens over the past 24 hours include Decentraland (MANA) which is up over 11%, The sandbox (SAND) which is up over 32%, Yield Guild Games (YGG) which is up 22%, and GameFi (GAFI) which is up about 16%.

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