Decentraland has just 30 daily active users despite billion dollar market cap – DappRadar data

Twitter user @0x_shake, who identified himself as the founder of the Solana-based Cyber Samurai NFT project, noted that despite a $1.2 billion valuation, Decentraland has just 30 daily active users (DAUs). The post Decentraland has just 30 daily active users despite billion dollar market cap – DappRadar data appeared first on CryptoSlate.

Timeline of Decentraland

Blockchain technology and cryptocurrencies are rapidly expanding, which is no secret. It might be challenging to stay updated with the newest projects and applications since they are being launched daily.

Decentraland's MANA, the native token that fuels the Ethereum blockchain-powered virtual world where users can create, experience, and monetize content and applications, has declined by 75% over the last two quarters.  Consider this – MANA's price has fallen from $2.7 to $0.

SPONSORED POST* One of the most popular Web3 industries is game development. Blockchain games that provide the potential for financial gain are referred to as GameFi, a combination of the words “game” and “decentralised finance.

Investors of the virtual real estate cryptocurrency Decentraland (MANA) and Sandbox (SAND) are losing hope following analysts predicting a 60.00% drop for the two tokens by the end of this year.  In the ICO market, The Hideaways (HDWY), which offers more practical and utility gains than Decentraland and Sandbox looks set to pump hard.

The new cryptocurrency, Moshnake (MSH), brings back the fond memories of an old-time classic and combines it with new-generation gaming.  This is coming as crypto traders' interest in new cryptocurrencies has doubled over the past year.

Dating.com announced the debut of metaverse dating based on the unique architecture in Decentraland. On September 23, singles of all ages can start to explore Dating.com's metaverse dating space to mingle, flirt, and find the love of their life. Interactive activities and unique gift feature   Dating.

Non-fungible tokens (NFTs) are becoming more popular in the crypto world, and so are the cryptocurrencies powering them. Adding to the growing list of NFT tokens is Big Eyes Coin (BIG), a soon-to-launch meme token you should consider buying during the current bear market to rejuvenate your crypto wallet.

Both The Sandbox (SAND) and Decentraland (MANA) are trading inside short-term bullish patterns and are showing signs of impending breakouts. SAND is the native token of The Sandbox, a blockchain-based virtual world that allows users to create, buy and sell digital assets in the form of a game.

The MANA relative strength index has shown growth which signals an increase in buying activity.         New developments, partnerships in Decentraland contribute to price spike         Decentraland social mentions amplified by 89.07%         MANA price up by 1.04% There are so many exciting developments happening for Decentraland (MANA), such as the partnership of StadioPlus with LaLiga, a Spanish football league giant.

Decentraland [MANA] managed to stri up social activity in past days on the back a huge announcement. The top-tier of the Spanish football league, LaLiga, struck a strategic partnership with tech firm StadioPlus.