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Decentraland [MANA] has been in a price pullback since 21 December. The bulls found steady support at $3019 and attempted a rally.

Santiment points out massive buying opportunities currently present in the markets for MANA, SAND, REN, and CHZ.  The MVRV of the altcoins, as well as that of BTC, are at levels similar to historical bounce points.

Leading crypto insights firm Santiment says four altcoins are showing signs of an imminent bounce after getting “hammered” in the market. According to Santiment, metaverse altcoins Decentraland (MANA) and The Sandbox (SAND) along with Chiliz (CHZ) and Ren (REN), are in “opportunity zones” after the crypto market experienced big losses.

NFTs are digital or physical assets represented by tokens that function as smart contracts on a blockchain. They can be used to serve characters in video game universes, produce limited edition collectibles, and authenticate works of art.

The Metaverse is merely a computer simulation of the real world. By using a virtual, personalized avatar, users can visit art galleries, go to concerts, and travel to far-off places in these virtual worlds.

The year 2022 has been challenging as non-fungible tokens (NFTs) continue to suffer a decline in sales volume. To change the narrative around the same, leading metaverse-based project Decentraland [MANA] recently introduced LAND rentals on its marketplace.

Both the Decentraland and Sandbox prices are following descending resistance lines. The potential for a drop is steeper in the case of SAND.

As prices dip, the opportunity to make major gains with strong crypto projects gets even bigger. They say that crypto millionaires are made during the bear market, which gives every single person reading this article a unique opportunity that does not come around very often.

The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

These hottest altcoins could provide better upside potential than top cryptos next year for aggressive investors seeking crypto exposure.

Cryptocurrency prices were slightly up at the time of reporting as the price of major cryptocurrencies rose marginally during the early morning trading hours on Tuesday (13 December 2022). The global crypto market cap is $848.03B, a 0.83% increase over the last day.

Although the virtual currency sector imploded, you still turn the red into good news with cryptos to sell for tax-loss harvesting.

Top 5 NFT Coins To Buy Before Entering 2023: In 2022, the NFT market received tremendous attention from investors, causing the coins associated with it to skyrocket within a short period. However, the ongoing downtrend in the crypto market tumbled these coins significantly and brought heavy discounts for interest buyers.

Decentraland LAND owners can now rent out their property to others. Renters pay each day using MANA, the platform's main cryptocurrency.  The post Decentraland will now let you become a virtual landlord appeared first on The Block.

Decentraland began hosting an Ugly Sweater contest from December 1 to December 19 and the 10 entries will get prizes.

Worst Metaverse Tokens This Week: In the Metaverse ecosystem, all the coins have responded negatively today. Major coins in this ecosystem like ApeCoin, The Sandbox, and Decentraland have slipped down by a decent percentage.

Margex has added a wide range of popular cryptocurrencies to its already massive list of trading pairs. New crypto trading pairs include: Binance Coin, Polygon, Chainlink, APTOS, Cosmos, and more VICTORIA, Seychelles , Dec. 7, 2022 /PRNewswire/ -- Margex, the fastest-growing digital asset trading and investment platform providing access to an innovative trading infrastructure worldwide, has announced new cryptocurrency trading pairs.

The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace.

Over The Reality (OVER) is an Augmented Reality (AR) platform built on the Ethereum blockchain.  OVER's users can experience interactive augmented reality experiences tailored to the real world with a mobile smartphone or smart glass.

Renting feature utilizes combination of on-chain and off-chain signatures, allowing LAND owners to rent LAND in secure way.

NFT tokens to invest in December 2022:The non-fungible token (NFT) market has had a difficult year as a result of a decline in sales brought on by the bear market in cryptocurrencies. Despite this, some collections, such as the Reddit World Cup collectibles, continued to see significant gains.

Shiba Inu Coin News: Shiba Inu (SHIB), the world's second largest meme crypto recorded a nice surge over the past week. However, troubling news has landed for the SHIB Army as the top 100 Ethereum Whales have dumped the Shiba Inu token from their tally for a metaverse token.

Top Ethereum whales held more MANA than any other token MANA's price action showed that it was demanding a bearish exit According to a tweet posted by WhaleStats in the wee hours of 4 December, the top 500 Ethereum [ETH] whales preferred to hold Decentraland [MANA]. The database noted that these whales held about $1.

MANA, the cryptocurrency used as payment for goods and services in the metaverse project Decentraland, has already lost 33% of its value over the last 30 days. After going all the way up to $0.7339 on November 5, the asset was on a consistent decline that pulled it down to a monthly low of $0.3611 on November 22.