New York’s Times Square To Be Replicated In Sandbox Metaverse World; Ethereum Down 4%

TimePieces, the non-fungible token (NFT) project by Time Magazine, has reportedly struck a deal with Sandbox, a metaverse world, to open a virtual representation of New York’s Times Square in metaverse.

Sebastien Borget, CEO and co-founder, Sandbox, said in a post published on Medium, “The Sandbox is often viewed as a ‘virtual Manhattan’, a vibrant space alive with culture, entertainment, and brands. By partnering with TIME, we’re adding TimePieces as the beating heart and soul of this virtual Manhattan.”

We’re bringing @TIME Square to the #metaverse! 🏙️

A virtual hub for art and commerce curated by @timepieces.https://t.co/rzKOK4SIHZ pic.twitter.com/QDgiFPiJvw

— The Sandbox (@TheSandboxGame) June 20, 2022

Cryptocurrency Prices

The global crypto market capitalisation went down by 2.73 per cent to $924.54 billion as of 8.50 am. The global crypto volume was down by 5.03 per cent to $55.77 billion, as per Coinmarketcap data.

Bitcoin (BTC), the world’s oldest cryptocurrency, was trading at $20,577.00, lower by 2.71 per cent in the last 24 hours. Ethereum (ETH) was down by 3.87 per cent to $1,172.34. 

Among other significant coins, Cardano (ADA) was down by 4.34 per cent at $0.4773; Algorand (ALGO) was trading with a loss of 5.04 per cent at $0.3216, Solana (SOL) was trading with a loss of 6.64 per cent at $37.20, Polkadot (DOT) was down by 5.46 per cent at $7.52, and Binance Coin (BNB) was down by 1.9 per cent at $231.67.

Today’s top gainer was PAPPAY (PAPPAY), which was up by 975.5 per cent at $0.000004945. The top loser was Metaxa (METAXA), which was down by 82.9 per cent at $0.0000002224. 

Meme Coin And DeFi Prices

Dogecoin (DOGE) was down by 7.37 per cent at $0.06935. Its volume to market cap ratio stands at 0.09174. Rival Shiba Inu (SHIB) was down by 5.68 per cent at $0.00001072.

Dogelon Mars (ELON) lost 6.42 per cent to trade at $0.0000003482, Floki Inu (FLOKI) lost 5.14 per cent at $0.000006101, and Samoyed Coin (SAMO) fell 0.19 per cent at $0.007495. 

In the DeFi segment, YFI (yearn.finance) was down by 9.78 per cent at $5,895.30, and Terra Classic (LUNC) was trading with a gain of 3 per cent at $0.00008152. Avalanche (AVAX) was down by 5.32 per cent at $19.04, Uniswap (UNI) was trading with a loss of 8.87 per cent at $5.17 and Aave (AAVE) fell by 4.39 per cent at $63.39.