Ether Hits Fresh Record High, Sandbox’s SAND Leads Rally in Metaverse Coins

[Tanimariya]

Since mid-October, we have seen higher interest in year-end and March upside ETH exposure, Deribit noted. 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.

Ether rose to $4,480 during the European hours, surpassing the previous peak price of $4,458 reached on Oct. 29, according to the CoinDesk 20. Source Link