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Decentraland: Analyzing ‘development activity' to find out entry position

ambcrypto.com

If you bought Decentraland's MANA in December or earlier this month, then good for you. It has so far delivered an impressive performance until recently when it faced resistance at a key level.

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Bitcoin MANA
$ 0.6754

Timeline of Decentraland


Apple to launch VR on Decentraland: Could MANA become metaverse king - AMBCrypto

In 2021, conversations held around the metaverse and virtual reality were at their peak, even in the cryptocurrency space. This heightened talk was one reason why tokens like Decentraland [MANA] and The Sandbox [SAND] reached considerable All-Time Highs (ATH).


Key Indicator Suggests These Two Cryptoassets ‘Still Undervalued, Says Crypto Analytics Firm - CryptoGlobe

A key indicator shared by cryptocurrency analytics firm Santiment that has been used to accurately time previous Bitcoin bear market bottoms is currently suggesting that two metaverse-focused altcoins, Decentraland ($MANA) and The Sandbox ($SAND) are “still undervalued.


Genesis Creditors Now Involve 2 Decentraland Founders Ordano And Meilich - Coincu

Key Points: Three of the CEOs and creators of the virtual reality platform Decentraland are among the 50 largest Genesis creditors, the cryptocurrency lender that on Thursday filed for bankruptcy.


Decentraland (MANA) Swells 55% – Are Metaverse Tokens Back? - NewsBTC

MANA is the native token of the Decentraland ecosystem which, as the time of writing, has seen growth enough to recoup losses post-FTX collapse. According to CoinGecko, the token is up 55% in the weekly timeframe with the biggest gains made during the monthly time frame at 105%.


Is MANA outcompeting SAND in terms of popularity? Data suggests - AMBCrypto

Investor enthusiasm for the potential of the Metaverse in 2022 helped Decentraland (MANA) gain much traction. However, since there had been little progress in the field, interest had dwindled, and the bear market may have worsened matters.


Decentraland [MANA]: Bears should watch out for these two demand zones - AMBCrypto

Decentraland [MANA] has been trading within the $0.5533 and $0.7595 range since 16 January. At the time of writing, MANA was in a second phase of price correction within the range.


Metaverse Crypto Outlook 2023: Sandbox (SAND), Decentraland (MANA) and Metacade (MCADE) - Invezz

Metaverse crypto projects are often some of the highest gainers due to the unique nature of the technologies being used. Users can access stunning open worlds, play their favorite games online, and earn financial rewards in a number of ways.


MANA Soared 75% This Week, Entering The Top 100 - NewsBTC

According to CoinMarketCap's data, Decentraland's native token, MANA, has gained 17.59% in the last 24 hours, following the stellar performance of metaverse tokens since the start of the new year. MANA is one of the top 100 cryptocurrencies and has grown by 95% in the last month.


Here's Why Decentraland MANA Price is Up 20% to $0.7 And $1 is On The Horizon - Cryptonews

Decentraland, the Ethereum-based virtual reality platform, has introduced new features for its users recently, leading to a significant spike in the value of its token, MANA. MANA is currently trading at $0.698 with a 2% decrease in the past 24 hours and closed the previous weekly candle with an 83% gain. The new features, which include the ability to link profiles, differentiate nametags, and highlight avatars, have been well-received by users if the token's price is any indication.


Decentraland Soars Up 70% As Its Strong Collaboration With Australian Open - Coincu

Decentraland's price increased dramatically as a result of its collaboration with the Australian Open and high GitHub activity. Decentraland (MANA) has surged 70% over the last week, reaching $0.70 at the time of publication which is just slightly less than MANA's pre-FTX crash price of $0.7137.

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