MANA surges in crypto crisis
The recent crypto crash is affecting major cryptos like BTC, Ethereum and a number of other altcoins. There are some exceptions however, such as MANA, which has rallied since the beginning of November.
Decentraland's native coin has shown surprising resilience, surging above $4.
MANAUSD
As its name suggests, Decentraland is a decentralised virtual world that is developed on the Ethereum blockchain. Users can carry out multiple activities, buy and trade digital land through digital assets and monetize them. Decetraland is led by DAO (decentralised autonomous organization), which owns its core assets and smart contracts.
Following Facebook's announcement at the end of October that is rebranding itself to Meta and is planning to build a "Metaverse", there has been increased investor interest in MANA.
The big question is, for how long will the rally continue?
According to analysts, MANA is expected to rise in the next 24 hours, MANA is likely to trade between $ 3.2 and $ 4.3
Decentraland's native coin has shown surprising resilience, surging above $4.
MANAUSDAs its name suggests, Decentraland is a decentralised virtual world that is developed on the Ethereum blockchain. Users can carry out multiple activities, buy and trade digital land through digital assets and monetize them. Decetraland is led by DAO (decentralised autonomous organization), which owns its core assets and smart contracts.
Following Facebook's announcement at the end of October that is rebranding itself to Meta and is planning to build a "Metaverse", there has been increased investor interest in MANA.
The big question is, for how long will the rally continue?
According to analysts, MANA is expected to rise in the next 24 hours, MANA is likely to trade between $ 3.2 and $ 4.3
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