Here is why Decentraland (MANA) token started the week with a surge

Here is why Decentraland (MANA) token started the week with a surge
фото показано с : coinjournal.net

2022-1-31 14:22

As the crypto markets starts recovering and trade sideways this week, Decentraland token jumped 25% and it’s still green.

At the time of writing, it was up 10.09% according to CoinMarketCap. It hit a high of $2.61 and a low of $2.36 in the last 24 hours.

But why is the MANA coin rallying, let’s take a deep dive to examine what is behind the current MANA price hike.

What is Decentraland?

Decentraland is a virtual reality platform built on the Ethereum blockchain with a Unity game engine to enable players to access exclusive experiences and purchase various NFTs.

Decentraland has two tokens, that is, MANA and LAND. MANA is an ERC-20 token that is burned to acquire non-fungible ERC-721 LAND tokens.

Decentraland has featured a number of experiences like the games and Casinos making it the most popular platform for users integrated with the latest crypto trends such as Play-to-earn, Defi, GameFi, and NFTs.

Why is Decentralnad (MANA) price rallying?

The current Decentraland (MANA) price surge is being attributed to the news of the Australian Open (AOMetaverse) closing party today that will feature Steve Aoki, a world-class artist.

🤘@steveaoki SET STARTING SOON @decentraland
get amongst it @AOmetaverse https://t.co/S50ErYPjnw pic.twitter.com/KEqzA4ZHnD

— AOmetaverse (@AOmetaverse) January 30, 2022

Australian Open is one of the largest tennis tournaments in the world that is held annually in Australia at Melbourne Park.   The budget of the tournament for the year 2022 was $75 million

This year's winner was Rafael Nadal, who broke a three-way tie with Novak Djokovic and Roger Federer, and claimed his 21st Calendar Slam where he won all the four major championships in the same sport and in the same calendar year.

You may be wondering what the connection between a tennis tournament and Decentraland is. But this year the Decentraland had been selected as the host for the Australian Open Tournament closing party. This shows a significant pivoting towards the Metaverse.

The whole event has brought massive attention towards MANA; something attributed to the current bullish momentum.

The post Here is why Decentraland (MANA) token started the week with a surge appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Decentraland (MANA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.5768
Капитализация $0 Rank 99999
Цена в час новости $ 2.646 (-100%)

decentraland token week surge started mana coin

Источник: coinjournal.net

decentraland token → Результатов: 28


The Famous Token x Bram Vanhaeren present their NFTs in the Vegas Art Village on Decentraland

NFTs are changing the digital art scenario by enhancing its security and productivity. Several companies have joined the race to become the best NFT and launched their unique tokens in the market. Among these, TFT or The Famous Token, an innovative non-fungible token (NFT) platform, was also launched recently with some unique capabilities. As the […]

2021-4-6 16:02


ChainLink, Livepeer, Filecoin «выстрелили» после запуска траста Grayscale

Компания Grayscale, под управлением которой находятся цифровые активы на сумму до $43,6 млрд, запустила новые трасты. У институциональных инвесторов появилась возможность направить средства в продукты, ориентированные на ChaniLink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL) и Livepeer (LPT).

2021-3-18 17:32


Альткоин ChainLink «выстрелил» после запуска траста Grayscale

Компания Grayscale, под управлением которой находятся цифровые активы на сумму до $43,6 млрд, запустила новые трасты. У институциональных инвесторов появилась возможность направить средства в продукты, ориентированные на ChaniLink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL) и Livepeer (LPT).

2021-3-18 17:20


Фото:

Крупнейший криптовалютный фонд запускает пять трастов

Grayscale предложит клиентам инвестировать в альткоины. Крупнейший криптовалютный фонд, американский Grayscale, который известен своими значительными инвестициями в биткоины, намерен открыть пять трастов, ориентированных на пять альткоинов: Chainlink (LINK), Livepeer, Filecoin (FIL), Basic Attention Token (BAT) и Decentraland (MANA).

2021-3-18 11:46


The Magnificent Seven: CHZ, ENJ, TFUEL, MANA, THETA, XEM, BAT – Biggest Gainers of the Past Week

The biggest altcoin gainers are: Chiliz (CHZ) – 146% Enjin Coin (ENJ) – 106% Theta Fuel (TFUEL) – 92% Decentraland (MANA) 57.3% THETA (THETA) – 48% NEM (XEM) – 45% Basic Attention Token (BAT) – 43% Chiliz (CHZ) CHZ was the biggest gainer from last week, increasing by a massive 377% over the past nine … Continued The post The Magnificent Seven: CHZ, ENJ, TFUEL, MANA, THETA, XEM, BAT – Biggest Gainers of the Past Week appeared first on BeInCrypto.

2021-3-5 15:37


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bank of England leaves rates unchanged amid rising inflation

The BoE's decision to hold rates amid rising inflation may signal prolonged economic caution, impacting consumer spending and market stability. The post Bank of England leaves rates unchanged amid rising inflation appeared first on Crypto Briefing.