Why Decentraland (MANA) And Shiba Inu (SHIB) Prices Could Be Ready to Rally After Quiet Q3

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.

Timeline of Decentraland, Shiba-inu

Shiba Inu (SHIB) just announced the global rollout of its Shiba Eternity game. Its developers have been working towards generating real-world utility as highlighted in their roadmap.

Many cryptocurrency fans have been impatiently waiting to make the leap and invest in platforms that may help them exit the bearish market since crypto has experienced a significant decline over the past few months. The good news is that several new cryptocurrencies are trying to take the crypto world by storm every day, even though there has been a lot of uncertainty.

SHIB's price continues to struggle as price ranges in a descending triangle with a major breakout imminent.  SHIB trades below key resistance as price ranges under 8 and 20-day EMA.

Shiba Inu (SHIB), the world's second largest meme crypto prices have surged around 5% over the past 7 days amid the hype of its most awaited game announcement. However, this building anticipation hasn't led to any explosive SHIB price jump.

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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.

Shiba Inu price prediction continues to be mixed, as the coin has formed a symmetrical triangle pattern, indicating investor indecision. Even though Shiba Inu (SHIB) was one of the worst hit cryptocurrencies during the recent market crash, the token has made a respectable comeback over the past week.

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.

Shiba Inu's [SHIB] trading volume jumped 49.14% in the last 24 hours, and the increase could be the impact of recent large transactions. Based on information from Etherscan, one of the top 100 Ethereum [ETH] whales made two huge transactions within the aforementioned period.