Gaming and Metaverse tokens have led the crypto market rally show. Major cryptocurrencies like Axie Infinity, ApeCoin, Sandbox, and Enjin Coin have lured their investors with double-digit gains ranging from 10% to 35% each over the past week. On Monday, however, the spotlight turned to Decentraland’s MANA.

In the last 24 hours, the token has rallied by more than 24%, while on the weekly its gains stood at 75%. Earlier in the day, MANA went on to write a fresh multi-week high at $0.7375. Consequently, the rise from its local low created on December 30 to its current level translated to approximately 160%.

At press time, MANA was rejected by the 0.5 Fibonacci level. With the market heavily overbought, the main gainer could see a correction to $0.607 in the near term.