Decentraland (MANA) isn't just in trouble, the whole metaverse industry is

There seems to be disagreement over how many active users Decentraland, the Ethereum-based, community-developed metaverse project has. On the one hand, DappRadar presents a measly sum of 23 active users (as of 11am, Monday October 10), with 516 counted over the past 30 days.

Timeline of Decentraland

While metaverse platforms Decentraland and The Sandbox both have below 1,000 daily active users, they each have over $1 billion in valuation. So who's actually using the metaverse right now?

In response to a CryptoSlate article published on October 6, Decentraland has disputed the claim that its virtual world platform is a ghost town. The post Decentraland dispute claims its virtual world platform is a ghost town appeared first on CryptoSlate.

Decentraland (MANA) and Shiba Inu (SHIB), have started to gain ground in terms of whale activity despite the sluggish bear market. The post Why Decentraland (MANA) And Shiba Inu (SHIB) Prices Could Be Ready to Rally After Quiet Q3 appeared first on BeInCrypto.

SPONSORED POST* The rise of cryptocurrency projects with a Metaverse base has been a fascinating recent development in the crypto world. Large corporations and well-known investors are all making significant bets on this brand-new digital world.  The most innovative NFT collections offer metaverse experiences, yet finding the best Metaverse NFT projects can be difficult.

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.

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.