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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
The cryptocurrency markets continue to show buoyancy despite global market capitalisation failing to break above US$1tn after flirting with the barrier for the past three sessions. Bitcoin (BTC) added another 1.5% on Monday, closing the session above US$21,000 for the first time since early November, in those bright days before FTX's implosion crashed the entire sector.
Metaverse crypto projects are often some of the highest gainers due to the unique nature of the technologies being used. Users can access stunning open worlds, play their favorite games online, and earn financial rewards in a number of ways.
Decentraland [MANA], the Ethereum-based decentralized virtual world, saw a jump in growth metrics in the last week, per data from DappRadar.
According to CoinMarketCap's data, Decentraland's native token, MANA, has gained 17.59% in the last 24 hours, following the stellar performance of metaverse tokens since the start of the new year. MANA is one of the top 100 cryptocurrencies and has grown by 95% in the last month.
Decentraland, the Ethereum-based virtual reality platform, has introduced new features for its users recently, leading to a significant spike in the value of its token, MANA. MANA is currently trading at $0.698 with a 2% decrease in the past 24 hours and closed the previous weekly candle with an 83% gain. The new features, which include the ability to link profiles, differentiate nametags, and highlight avatars, have been well-received by users if the token's price is any indication.
Decentraland's price increased dramatically as a result of its collaboration with the Australian Open and high GitHub activity. Decentraland (MANA) has surged 70% over the last week, reaching $0.70 at the time of publication which is just slightly less than MANA's pre-FTX crash price of $0.7137.
Decentraland (MANA) has recorded a strong performance over the past week, growing 73% to $0.7090 at the time of press. The post Decentraland shoots up 73% to pre-FTX collapse level appeared first on CryptoSlate.
Catch up on the latest crypto market news at The Currency Analytics. It is interesting to see Crypto and NFT projects living through the bear market.
The metaverse tokens were one of the highest gainers of the early 2023 recovery rally. As a result, the Decentraland token(MANA) witnessed a significant inflow and triggered a U-shaped recovery from the low of $0.287.
Mana, the native token of 3D virtual world platform Decentraland, is on a sustained surge since December 30th 2022.
They are among the best performing cryptocurrencies
The cryptocurrency market has witnessed a 1% rise in value in the past 24 hours, with its total cap reaching $1.02 trillion after a very strong weekend. This figure represents a 17% rise in a week and a 21% gain in a month, as improved US inflation data and other welcome macroeconomic indicators suggest the beginning of the end for 2022's global downturn.
Despite the fact that the performance of a large number of cryptocurrencies has improved in the last few weeks, certain assets are still worth monitoring due to their rate of increase and their potential impact on the entire cryptocurrency market. For the week beginning January 16, these top 5 crypto should be on the radar of investors.
Start of Australian Open impacts MANA's price
