Decentraland's MANA in ‘Depression' Phase: Analyst Eyeing a Possible Revival
The latest correction experienced by Decentraland's MANA could be a potential catalyst that could pave the way for an upward movement.
Keep up with what's happening in the crypto world in real-time.
The latest correction experienced by Decentraland's MANA could be a potential catalyst that could pave the way for an upward movement.
After experiencing a sensational year of trading in the crypto industry, we are now on a path to experience another rollercoaster ride of trading in 2024.
Gaming cryptos represent unique upside as the global blockchain gaming market is set to expand massively in coming years.
While most of the top cryptocurrencies are experiencing a fall, popular gaming cryptos have been surging. Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS), Beam (BEAM), and Vulcan Forged PYR (PYR) have locked in significant profits today.
Story Highlights The live price of MANA coin is . MANA price could reach a maximum of $0.68 by the end of 2023. Decentraland price with a potential surge could go as high as $6.17 by the end of 2030.
Decentraland hosts an ambitious interactive metaverse music festival fusing virtual experiences, gaming, and boundary-pushing musical performances in a glimpse at the industry's hi-tech future.
MANA has recently seen an uptick in the volume of whale transactions, as its price has grown by over 45% in the last 30 days.
Decentraland (MANA) price reached $0.42 on Wednesday as the bull drove the rally to a 100-day peak. On-chain analysis uncovers major data points that could impact MANA price action in the coming days.
Crypto whales have been capitalizing on the crypto market recovery to hunt down bigger gains on several altcoins. On-chain analysis beams the spotlight on 3 altcoins that have witnessed unusually high capital inflows from large institutional investors ahead of November 2023.
Solana is this week's biggest gainer, but another token has topped the charts over the past day, with Decentraland's MANA up 12%.
The crypto market has been trading sideways for the fifth straight day, indicating a decline in the price action. Bitcoin continues to hover between $34,100 and $34,450, with Ethereum price around $1,800.
A prominent market intelligence platform says that a handful of altcoins should continue to rally as traders continue to focus on Bitcoin (BTC) and Ethereum (ETH).
MANA sees an uptick in new demand in the past few weeks. However, key indicators suggest that the altcoin has become overbought.
Story Highlights The live price of MANA coin is . MANA price could reach a maximum of $0.68 by the end of 2023. Decentraland price with a potential surge could go as high as $6.17 by the end of 2030.
Decentraland ranked first on the list of the top NFT projects by Development Activity over the last 30 days. MANA, however, remained bearish.
SophiaVerse (SOPH), one of the oldest AI cryptocurrencies incubated by Cardano's (ADA) partner SingularityNET, shares details of its recently announced collaboration with Decentraland (MANA), veteran metaverse ecosystem on Ethereum (ETH).
SophiaVerse has partnered with Decentraland, mixing the world of the metaverse and the AI.
SophiaVerse (SOPH), an immersive project centered around humanoid robot Sophia, expands to Decentraland (MANA), the longest-running metaverse and play-to-earn ecosystem. SophiaVerse (SOPH) users can get rewarded wth unique assets from Decentraland (MANA).
Crypto analytics firm Santiment says that the prices of eight altcoins are showing signs of moving higher.
MANA saw a sudden surge in whale transactions on 25 September. However, with traders staying their hands from executing trades, the alt's price has failed to react.
Amidst BTC and ETH's stellar gains, discover the cryptos to sell before they sink your portfolio in an unpredictable market.
Story Highlights The current price of MANA coin is . MANA price could reach a maximum of $0.68 by the end of 2023. Decentraland price with a potential surge could go as high as $6.17 by the end of 2030.
The cryptocurrency markets faced significant turmoil over the last two days, primarily due to the FTX sell-off. Cryptocurrencies witnessed a sharp decline, with the total market capitalization dropping by over 40% at one point yesterday. As of now, there's been a slight market rebound. However, amid this widespread downturn, certain tokens have bucked the trend.
The metaverse, one of the pillars of the blockchain industry, has lost traction in the past few months as the crypto winter continues. Most of the flagship metaverse platforms have seen their users and their tokens plummet by double digits. Similarly, companies like Meta Platforms that were betting on the industry have slashed their ambitions.