- The top gainer of the day in the crypto market is Decentraland (MANA).
- MANA has jumped over 37% within a day.
- It has the potential to set up a new ATH soon.
The entire crypto industry is experiencing a bullish rally recently, where many crypto-tokens are setting up new ATHs. Each day it’s being an on and off switch for cryptocurrencies while some surge up and some drop in price value. Investing in crypto-assets has become an investment vehicle for users though it is equally risky and profitable.
Significantly, investors are provided with a wide range of cryptocurrencies for investments in the crypto world. As digital assets are considered to be the future of finance, the attention for the crypto industry is increasing day-by-day. According to Coinmarketcap, the top gainer of the day is Decentraland (MANA) which has soared to 37% in a day.
Decentraland is an Ethereum-based program that aims to encourage a global network of users to govern a shared virtual environment. Users of Decentraland can explore, engage, and play games in this virtual environment while buying and selling digital real estate. Besides, users may now use interactive apps, in-world payments, and peer-to-peer communication thanks to the platform’s evolution.
Current Market Status
At the time of writing, the trading price of Decentraland (MANA) is $3.40 with a trading volume of $4,664,404,448 in the last 24-hours. The price value of MANA has jumped over 37% within a day being the top gainer of the day. According to Coinmarketcap, the circulating supply of MANA is 1,816,927,791 coins and it holds 39th rank.
The chart depicts the bullish pattern for the past 24-hours. Moreover, the price of MANA has soared from $2.43 to $3.40 within a day and still continues its uptrend. Consequently, MANA is available in top exchanges such as Binance, Mandala Exchange, FTX, OKEx, and CoinTiger.
ICE Poker NFT Drop
As per recent updates, following the announcement of conducting the second ICE Poker NFT drop, the price might have surged up. The official Twitter account of Decentraland mentions that the NFT drop will take place on November 12, at 6:00 pm UTC. Thus this NFT drop would have piqued the interest of the users and thus resulted in MANA’s price surge.
However, the MANA holders are experiencing a sweet spot and if the trend continues then MANA can set up a new ATH soon. Moreover, MANA has the potential to crack its current ATH at $4.11, 17% lower than the current price. It is predicted to achieve new heights as a result of the innovations and updates in its ecosystem.
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