Decentraland vs The Sandbox: Who Will Reach $1 First In 2023?
The battle for supremacy in the crypto world is nothing new. One such rivalry between Decentraland vs The Sandbox has been going on for a long time.
Keep up with what's happening in the crypto world in real-time.
The battle for supremacy in the crypto world is nothing new. One such rivalry between Decentraland vs The Sandbox has been going on for a long time.
BTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE and FIL could breakout.
Following a brief break earlier week, the bullish momentum continues of the majority of major cryptocurrencies. As a result, the MANA coin price rose 20% in the last three days and reached the current price of $0.742.
Three Decentraland executives, including two co-founders and the platform's CFO, are named among the top creditors of now-bankrupt cryptocurrency lender Genesis Global.
Decentraland [MANA] recently revealed its stand on the ongoing Genesis episode, providing clarity to the network's investors and users. As per an official tweet on 21 January, the Decentraland Foundation had a credit of around $7.8 million against Genesis.
A significant amount of capital that started flowing when DCG invested into Decentraland appears to have more or less come full circle.
Decentraland, Gemini, Mirana, and Abra are some of the most recognizable names in Genesis creditors. Genesis filed for chapter 11 bankruptcy protection for some of its subsidiaries in the United States after months of consultations with financial experts and creditors.
Key Points: Three of the CEOs and creators of the virtual reality platform Decentraland are among the 50 largest Genesis creditors, the cryptocurrency lender that on Thursday filed for bankruptcy.
MANA is the native token of the Decentraland ecosystem which, as the time of writing, has seen growth enough to recoup losses post-FTX collapse. According to CoinGecko, the token is up 55% in the weekly timeframe with the biggest gains made during the monthly time frame at 105%.
Decentraland has not one but three of the executives and founders listed among companies with large claims against Genesis's crypto lending unit.
These are the five altcoins that increased the most during bullish week
The metaverse crypto puts its annual focus on growing the creators' community
Investor enthusiasm for the potential of the Metaverse in 2022 helped Decentraland (MANA) gain much traction. However, since there had been little progress in the field, interest had dwindled, and the bear market may have worsened matters.
The metaverse is now one of the hottest segments of the crypto market, and Decentraland is leading the way.
Crypto analytics firm Santiment reports that whale activity on three altcoins has surged since the start of 2023. Starting with the liquidity protocol Aave (AAVE), Santiment says that the 42nd-largest crypto asset by market cap has seen the number of transactions valued at over $100,000 increase by more than 1,100% year-to-date.
Decentraland [MANA] has been trading within the $0.5533 and $0.7595 range since 16 January. At the time of writing, MANA was in a second phase of price correction within the range.
In the last few days, the global crypto market has experienced a rapid surge. The leading cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have seen a bullish run.
The Ethereum blockchain-based metaverse, Decentraland (MANA), recently announced a set of upgrades and improvements to the platform. These changes have caused a fast rally for MANA's price in the last seven days.
Mana (CRYPTO: MANA), the native token of the metaverse game Decentraland, skyrocketed by 73% over the past week, although it is currently trading flat at $0.70. What Happened: MANA is showing impressive gains over the last seven days, outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
The Decentraland (MANA) price is struggling to move above the $0.71 resistance area and could suffer a rejection. The post Betting on the Metaverse?
The Decentraland (MANA) price has seen a significant increase since the beginning of the year, indicating its potential for further growth. The price had been heavily trading within a descending trend since the market collapsed in May 2020. However, after reaching a bottom below $0.
The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks.
Tokens powering the metaverse, like Decentraland's MANA, are rallying hard this week following news that Apple will release a VR/AR headset.
Decentraland (MANA) sees 6% growth, sending cautionary note to HODLers