CUBE Price Prediction: Somnium Space Cubes Token Skyrockets 74% To Hit New All-Time Highs Above $22.90

CUBE price has joined the current rally of NFT cryptos in the metaverse rising a massive 74% to hit a new record high above $22.
Published by
CUBE Price Prediction: Somnium Space Cubes Token Skyrockets 74% To Hit New All-Time Highs Above $22.90

CUBE price has joined the current rally of NFT cryptos in the metaverse rising a massive 74% to hit a new record high above $22.

It is an interesting time for the cryptocurrency market as different assets discover new record highs. Led by the market leader, Bitcoin, recording a new all-time high (ATH) above $67,000 on October 20, other cryptos followed suit. Ethereum recorded a new ATH at $4,521 earlier today and Polkadot discovered a new ATH above $54 earlier today as well. The CUBE price has not been left behind in the current rally.

The bull run has also seen competition from meme coins, DOGE and SHIB who keep interchanging between the eight and ninth place by market value ranking on CoinMarketCap.

The competition has shifted to NFT and gaming cryptos in the metaverse following the announcement that Facebook was rebranding to Meta late last week.

The news have seen cryptos like AXS rally to set a new ATH above $164 on October 29 while SAND rallied to hit a new ATH around $3.28 on Monday.

Somnium Space Cubes Token (CUBE) has rallied 74% over the last 24 hours to discover a new high above $22.90. CUBE’s daily trading volume has also rallied a massive 460% to $16,402,306 over the same period.

Advertisement

CUBE Price Rally Aims For $25.43

At the time of writing, CUBE price is hovering around $21.66 and has formed an ascending parallel channel on the four-hour chart. This is a significantly bullish chart pattern that is formed when an asset records successive higher highs and higher lows over an extended period. Note that as long as CUBE price remains within the confines of the rising channel, it will rise to tag the target of the governing chart pattern at $25.43. This will represent a 19% from the current price.

However, before reaching this target, CUBE bulls have to overcome selling pressure from the $23 psychological level.

The upsloping moving averages and the entry of the Relative Strength Index (RSI) indicator into the overbought region add credence to this bullish outlook.

CUBE/USD Four Hour Chart

However, if things go awry for CUBE and it closes below the immediate support at $18.42 provided by the middle boundary of the rising channel, the asset may drop to tag the $14.68 support wall or the lower boundary of the rising channel at $13.47.

Advertisement

What is Somnium Space Cubes (CUBE)?

Somnium Space Cubes Token, CUBE was launched on 08/01/2018 by a UK based team. Somnium Space has built a VR world with a blockchain based economy. It sells NFTs and ERC20 in game currency and provides immersive VR experiences from entertainment to education.

Advertisement

Share
Nancy Lubale

Nancy is a successful finance, crypto analyst and content writer with many years of writing experience finance and blockchain fields. Nancy has been producing quality content for websites in the cryptocurrency industry including Krptotrends, Forexcrunch, InsideBitcoins and Economywatch. She is a Certified Cryptocurrency Expert (CCE) from Blockchain Council. Her interests are in cryptoasset research and technical analysis, Fintech, Blockchain, DeFi, NFTs and Personal Finance. Follow her on X@NancyOmanga for more insights

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Senators Reaffirm Commitment to Market Structure Bill After Meeting with Coinbase, Ripple

Senate Democrats and Republican lawmakers have ended separate roundtable meetings focused on the Crypto Market…

October 23, 2025
  • News

How the Crypto Market Could React to the Next Fed Meeting on October 29?

The crypto market has, for a while now, been pricing a potential 25 basis points…

October 23, 2025
  • News

$1.68 Trillion T. Rowe Price Files for First Active Crypto ETF Holding BTC, ETH, SOL, and XRP

Rowe Price has filed for its first actively managed crypto exchange-traded fund (ETF). It is…

October 22, 2025
  • News

Standard Chartered Predicts Bitcoin Could Drop Below $100K Amid U.S.–China Trade Tensions

Standard Chartered analyst Geoff Kendrick has predicted that the Bitcoin price could suffer a significant…

October 22, 2025
  • News

Rising Demand for Verifiable Crypto Ownership Drives Launch of Trezor Safe 7

Crypto ownership is a topic that has been discussed across major forums globally in the…

October 22, 2025
  • News

Robinhood Lists Binance Coin as BNB Outperforms BTC, ETH, SOL YTD By Over 30%

Crypto exchange Robinhood has listed the Binance coin for spot trading for its U.S. customers.…

October 22, 2025