Thu, November 14

Decentraland (MANA) Shoots Up Substantially!

Decentraland (MANA) Shoots Up Substantially! Altcoin News
  • Decentraland (MANA) spikes up effortlessly.
  • MANA reached $1.25, the highest in the past 3 months.
  • MANA predicted to surpass previous ATH of $1.41.

With the Bitcoin (BTC) reaching a new ATH and other altcoins following the same trend, now one more adds up to the list for the spectacular month of October. Amidst this is the Decentraland (MANA) which has statistically gained about 67.91% profusely over the past few hours. 

In spite of this, many predict that MANA would surpass the previous ATH of $1.41 very soon. Accordingly, MANA right now has gained a steady momentum surging over and over for the past 24 hours. 

MANA Predictions

Currently MANA has reached its highest price over the past few months. MANA right now stands at a price of $1.33 at the time of writing. Also, taking into account the past 24 hours into consideration, MANA has grown over gains of more than 60%. 

In addition, the graph is profusely on the rise. In spite of this, many terms than within the next few hours the same trend is to be followed. 

Accordingly, analysts predict that MANA would surpass its previous ATH of $1.41, anytime soon.

 Moreover, now the overall market cap for MANA stands at $2,393,946,219.51. And so, MANA now jumps up claiming the position of 62 ranking among the overall cryptos.

Besides, MANA price is expected to surge even more in regards to it’s non-fungible token (NFT) and Decentralized Finance (DeFi) atribute services upon Decentraland’s platform. This is due to the fact that Facebook is being renamed as ‘Meta’.

A Sneak Peek into Decentraland (MANA)

Decentraland is a specific one stop platform which provides all sorts of services regarding virtual reality in terms of building projects, artworks, trading and other sources of entertainment. 

In addition, the Decentraland platform is solely based upon the Ethereum (ETH) blockchain. Also, it extends itself into a sophisticated platform enabling users to create their own applications and much more all with respect to NFTs and DeFi attributes. 

Furthermore, the Decntraland consists of two native tokens, the MANA and the LAND. Also, the MANA defines itself as a ERC-20 token which is in turn used to acquire LAND tokens. 

A Project Engineer by profession, a writer by passion. Especially into the critics and skeptics on cryptocurrency. His fascination towards the crypto world and his personal experience on it has made him a writer with a taste.