Friday started off on quite a pessimistic note. It was more like a ‘don’t check your portfolio’ kind of day. Along side Bitcoin and Ethereum, tokens from almost all the categories took the fall.
Meta-tokens were no exceptions to the broader dump. In fact, their wounds seemed to be deeper than most coins. While top coins shed 2%-4% of their respective values over the past day, meta/gaming tokens ended up depreciating by 8%-12%.
SAND, the third largest token by capitalization belonging to the latter category, witnessed a 11% loss in value in just a day’s time. Parallelly, its weekly dip totaled to a little over 22% at the time of this analysis.
Well, to come to a plausible assertion, let’s analyze the state of state of token’s metrics.
To begin
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