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MANA Set for Massive 830% Surge: New ATH?

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The token of Metaverse giant Decentraland, MANA, is displaying strong signs of a potential breakout to new all-time highs. Leading market analyst Javon Marks predicted that MANA’s price could rise to $4.50 or higher, representing an impressive potential increase of a whopping 830%. Decentraland-powered by the Ethereum blockchain, is a key player in the metaverse realm. MANA’s appreciation is fueling optimism for a sustained bull cycle.

MANA

With the synchronicities, bull breakouts, and bullish patterns displayed in MANA (Decentraland), these prices may be right on the verge of a massive bull cycle to new Time Highs and higher. Target: $4.50+ Percentage Until: (≈) +831% The Metaverse Sector may be soon making a massive appearance and return in this bull cycle!

Other rival platforms like Sandbox [SAND] and Axie Infinity [AXS], are also performing well in the market. While SAND’s surge comes amidst partnerships and platform developments to boost user experience and engagement, the rise of AXS has been bolstered by the growing popularity of play-to-earn models and the recent investments from reputed venture capitalists.

MANA’s Surge: Here’s What Driving the Demand

One of the crucial factors that are driving the demand for metaverse tokens is the recent integration of non-fungible tokens [NFTs]. By enabling users to own and trade unique digital assets, the virtual reality space has generated new economic opportunities, thereby creating a vibrant and rapidly expanding market.

First initiated by Facebook’s rebranding to Meta and its commitment to building a metaverse ecosystem, the sector has attracted many high-tech companies to make significant investments. Adding to the momentum is the emergence of decentralized autonomous organizations [DAOs]. These are governance structures that allow communities to manage and operate virtual worlds collectively, further decentralizing control and fostering innovation.

As the metaverse sector continues to mature, the prospects for tokens like MANA, SAND, etc appear to be more than speculative assets. Investors, traders, artists, or any curious explorer are keeping an eye on these so-called “heartbeat of the immersive worlds,” for signs of sustained growth and new opportunities.

3 Undervalued Cryptocurrencies – Axie Infinity, Decentraland, Tradecurve

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The metaverse token market capitalization now sits at $11.6B, up 1% overnight, as buyers gravitate towards Axie Infinity (AXS) and Decentraland (MANA). While many investors focus on well-established cryptocurrencies, there are hidden gems that offer excellent growth potential. One such project is Tradecurve – a rising presale star already surged by 150%.

>>Register For The Tradecurve Presale<<

Summary

  • Axie Infinity price prediction 
  • Decentraland announces new Metaverse Art Week 
  • Tradecurve attracts over 14,000 users

What Is Axie Infinity (AXS)? 

Axie Infinity (AXS) has gained considerable popularity in the cryptocurrency space, particularly within the emerging sector of play-to-earn gaming. Built on the Ethereum blockchain, Axie Infinity enables users to collect, breed, and battle unique digital creatures called Axies. Players can earn in-game rewards and trade their Axies in a vibrant marketplace.

Despite its rising popularity, the Axie Infinity coin remains undervalued compared to its potential. The game’s success, growing user base, and expanding ecosystem of developers and players have positioned AXS as a cryptocurrency with significant upside potential. The Axie Infinity price has increased by 8.3% in the last week alone.

Currently, Axie Infinity has a value of $6.32 with a market cap of $756M, up 0.14% overnight. As the play-to-earn trend continues to gain momentum, AXS can potentially deliver substantial returns on investment. Therefore, analysts claim that Axie Infinity could rise to $8.41 by December 2023. 

How High Can Decentraland (MANA) Go? 

Decentraland (MANA) is a virtual reality platform that allows gamers to buy, sell, and explore virtual lands. MANA is the native token of Decentraland and serves as a medium of exchange within the platform.

With the metaverse concept gaining widespread attention, Decentraland presents an undervalued opportunity. In recent Decentraland news, the Metaverse Art Week will occur in Decentraland from July 19 to 23. As a result, the Decentraland price soared as it now trades hands at $0.4089.

As more individuals and businesses recognize the potential of virtual worlds and their applications, the demand for MANA could experience a significant surge. Because of this, analysts forecast a jump to $0.54 within Q4 of 2023. 

>>Register For The Tradecurve Presale<<

Tradecurve (TCRV): Bridging Derivatives and Cryptocurrency

Tradecurve (TCRV) is an innovative hybrid decentralized exchange (DEX) that combines the world of traditional finance with decentralized finance. It offers the ability to trade all derivatives on one account. And given the fact just one of these markets – the bonds market soared to $126.9T in 2022 – its growth potential is incredible.

As an emerging player in the DeFi space, Tradecurve is undervalued relative to its potential. Firstly, its hybrid infrastructure model combines the best aspects of centralized and decentralized exchanges. To clarify, users will be privy to low latency, fast order execution, self-custody, and anonymity. 

Furthermore, Tradecurve has removed all sign-up KYC checks. Users can open a Tradecurve account using just a working email. Afterward, anyone can connect a crypto wallet to it and utilize their cryptocurrency assets as collateral. Moreover, features such as copy trading and high-leverage options have attracted over 16,000 users to this hybrid exchange. 

Tradecurve is currently selling TCRV, its native token, for just $0.025 — an increase of 150% over the token’s initial $0.01 price. Many experts foresee a 50x jump before its presale ends.

For more information about the Tradecurve (TCRV) presale:

Website: https://tradecurve.io/ 

Buy presale: https://app.tradecurve.io/sign-up 

Twitter: https://twitter.com/Tradecurveapp 

Telegram: https://t.me/tradecurve_official 

Decentraland (MANA) Price Drops, Aptos (APT) Price Increases, Orbeon Protocol (ORBN) Thrives

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In this article, we have explained about decentraland mana price drop, Aptos price increase and how the orbeon protocol thrives. Read on to learn more.

The cryptocurrency market has been rising in the past few years as more and more investors are looking to yield gains. While many projects like Decentraland (MANA) and Aptos (APT) were successful, others were failures. That is why investors need to find a crypto project with a solid foundation and excellent room for growth. Orbeon Protocol (ORBN) – a project currently in stage 4 of its presale has the potential to be a top-tier crypto. 

>>BUY ORBEON TOKENS HERE<<

Decentraland (MANA) 

Decentraland (MANA) is an accessible, decentralized virtual world built on Ethereum. Using Decentraland (MANA) tokens, this platform enables investors to produce and distribute virtual data.

Decentraland (MANA) recently clarified its position about the current Genesis incident to benefit the network’s investors. Decentraland (MANA) revealed that it has a credit of $7.8 million against Genesis. This made some investors concerned, as the Decentraland (MANA) price fell shortly after that. 

The Decentraland (MANA) is worth $0.663, a decrease in the past 24 hours. Other metrics from Decentraland (MANA) are also not performing well, with market cap and trading volume sinking deeper in the red. This bearish trend is predicted to continue as investors stay clear of Metaverse coins. 

>>BUY ORBEON TOKENS HERE<<

Aptos (APT) 

The high transaction bandwidth is one of the distinguishing characteristics of the Aptos (APT) network. Since launching in October 2022, the Aptos (APT) coin has been making good gains. 

In January 2023 so far, Aptos (APT) reached its all-time high of $14.52 after rallying like every other coin this month. However, Aptos (APT) has heated up in the last 24 hours as its price increased. One Aptos (APT) coin is currently trading for $15.99. 

Although Aptos (APT) may see significant gains down the road, investing in new projects with more long-term profitability is a much wiser idea. 

>>BUY ORBEON TOKENS HERE<<

Orbeon Protocol (ORBN) 

Many investors have wanted to enter the venture capital industry but have been deterred because of scams and high entry requirements. But Orbeon Protocol (ORBN) looks to change that. This unique investment platform will allow everyday investors to purchase fractionalized NFTs for just $1. What makes these NFTs special is that they are also underpinned with equity in a real-world business or brand. 

Orbeon Protocol (ORBN) will help promising startups looking to reach a specific funding goal while building their communities through their NFTs-as-service (NFTaaS). Orbeon Protocol (ORBN) investors will also have the opportunity to exchange across different blockchains on one platform thanks to the multi-chain capabilities, which will save expenses.

To prevent any rug-pull fears or thoughts, the minds behind Orbeon Protocol (ORBN) will put a seal on liquidity which will last ten years. Not only that, Solid Proof has already completed an audit of the Orbeon Protocol (ORBN) smart contract, which is always a plus in a project’s book. 

If investors are interested in investing in Orbeon Protocol (ORBN), buying an ORBN token is the way to go. Since it is worth only $0.06, this presents a fantastic chance to yield immense profits, as Orbeon Protocol (ORBN) could reach a $0.24 price point in the next few months. So do not miss out on a 10% deposit bonus currently underway.

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register 

Telegram: https://t.me/OrbeonProtocol 

Gaming Tokens You Should Buy During Crypto Winter: BudBlockz, Decentraland, Gala Games

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The cryptocurrency market is seeing a rise in popularity and high demand for gaming cryptos, often known as GameFi tokens. The sector is experiencing growing interest despite the crypto market downturn. 

For those unaware, there are positive signs of long-term blockchain innovations even in the dead of the crypto winter. BudBlockz Token ($BLUNT) is currently at the top of the list, making the general investment landscape not as bad as the recent drop may suggest. BudBlockz (BLUNT) has emerged as a promising buy choice for cryptocurrency enthusiasts, just like Decentraland (MANA) and Gala (GALA). These three GameFi tokens look promising to buy during this crypto winter. Let’s explore them. 

Decentraland – An Inclusive Gaming Model

Considering its incredible features and capabilities, Decentraland (MANA) is one of the time-honored gaming tokens. One of the biggest and best gaming ecosystems in the cryptocurrency world is powered by MANA, a revolutionary cryptocurrency.

The worlds of GameFi and P2E are opened up by Decentraland (MANA), allowing users to use NFT collections, gameplay, and user engagement. Holders of MANA have access to various features in the Decentraland (MANA) metaverse, including the ability to conduct NFT events, purchase LANDs, and construct their LANDs.

Users can rent out their LANDs to earn more money or sell or exchange in-game NFT products for Decentraland tokens. Despite the price drop of cryptocurrencies since the crypto winter began, Decentraland has remained resilient. Holders can stake Decentraland (MANA) to generate APYs and maximize their income during the crypto winter.

Gala (GALA) Introduces Creative Thinking to Gaming

Gala Games launched in 2018 alongside Gala (GALA), its native cryptocurrency token, to create blockchain games that crypto-lovers would want to play. In the thriving community-owned P2E environment of Gala Games, gamers can acquire NFTs to participate in gameplay.

With the introduction of GALA, participants that engage inside the Gala Games ecosystem have an acceptable and safe method of payment and settlement, such as when buying virtual products or in-game items. Users can access these goods on the Ethereum blockchain via several open-source, cryptographically secure wallets and storage options.

Gala’s most expensive NFT, worth over $3 million, is quite precious. The crypto asset has been on a downward trajectory for the past few weeks, reflecting overall market behavior. Despite that, Gala’s (GALA) potential to allow holders to receive genuine benefits within its ecosystem is one reason it is thought to be good business to purchase GALA during the cryptocurrency price crash.

BudBlockz (BLUNT): the Gaming Innovation Changing the Crypto Landscape

The best games from 1998 are included in the BudBlockz Arcade, a retro gaming collage. BudBlockz Arcade is the world’s first play-to-earn gaming platform built around cannabis and cryptocurrency. Developed on reliable and secure blockchain technology, BudBlockz Arcade connects weed and crypto lovers worldwide in an immersive gaming experience. Most Arcade collections are NES, SNES, and Sega Genesis titles.

$BLUNT is the native asset of BudBlockz. Players can earn BLUNT by finishing their favorite old-school games or earn $BLUNT, ETH, and NFTs by winning cryptocurrency competitions at BudBlockz Arcade.

Within the Arcade, your Ganja Guruz NFT serves as your profile avatar. Different variations have traits drawn from gaming, marijuana, anime, and general fun. These innovations attract investors to the BudBlockz token, $BLUNT,  with over 51 million sold out.

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/ 

Presale Registration:: https://app.budblockz.io/sign-up 

Telegram Group: https://t.me/BudBlockz 

Discord Server: https://discord.gg/s7hBFgvTmN 

All BudBlockz Links: https://linktr.ee/budblockz

The cryptocurrency market is seeing a rise in popularity and high demand for gaming cryptos, often known as GameFi tokens. The sector is experiencing growing interest despite the crypto market downturn. 

For those unaware, there are positive signs of long-term blockchain innovations even in the dead of the crypto winter. BudBlockz Token ($BLUNT) is currently at the top of the list, making the general investment landscape not as bad as the recent drop may suggest. BudBlockz (BLUNT) has emerged as a promising buy choice for cryptocurrency enthusiasts, just like Decentraland (MANA) and Gala (GALA). These three GameFi tokens look promising to buy during this crypto winter. Let’s explore them. 

Decentraland – An Inclusive Gaming Model

Considering its incredible features and capabilities, Decentraland (MANA) is one of the time-honored gaming tokens. One of the biggest and best gaming ecosystems in the cryptocurrency world is powered by MANA, a revolutionary cryptocurrency.

The worlds of GameFi and P2E are opened up by Decentraland (MANA), allowing users to use NFT collections, gameplay, and user engagement. Holders of MANA have access to various features in the Decentraland (MANA) metaverse, including the ability to conduct NFT events, purchase LANDs, and construct their LANDs.

Users can rent out their LANDs to earn more money or sell or exchange in-game NFT products for Decentraland tokens. Despite the price drop of cryptocurrencies since the crypto winter began, Decentraland has remained resilient. Holders can stake Decentraland (MANA) to generate APYs and maximize their income during the crypto winter.

Gala (GALA) Introduces Creative Thinking to Gaming

Gala Games launched in 2018 alongside Gala (GALA), its native cryptocurrency token, to create blockchain games that crypto-lovers would want to play. In the thriving community-owned P2E environment of Gala Games, gamers can acquire NFTs to participate in gameplay.

With the introduction of GALA, participants that engage inside the Gala Games ecosystem have an acceptable and safe method of payment and settlement, such as when buying virtual products or in-game items. Users can access these goods on the Ethereum blockchain via several open-source, cryptographically secure wallets and storage options.

Gala’s most expensive NFT, worth over $3 million, is quite precious. The crypto asset has been on a downward trajectory for the past few weeks, reflecting overall market behavior. Despite that, Gala’s (GALA) potential to allow holders to receive genuine benefits within its ecosystem is one reason it is thought to be good business to purchase GALA during the cryptocurrency price crash.

BudBlockz (BLUNT): the Gaming Innovation Changing the Crypto Landscape

The best games from 1998 are included in the BudBlockz Arcade, a retro gaming collage. BudBlockz Arcade is the world’s first play-to-earn gaming platform built around cannabis and cryptocurrency. Developed on reliable and secure blockchain technology, BudBlockz Arcade connects weed and crypto lovers worldwide in an immersive gaming experience. Most Arcade collections are NES, SNES, and Sega Genesis titles.

$BLUNT is the native asset of BudBlockz. Players can earn BLUNT by finishing their favorite old-school games or earn $BLUNT, ETH, and NFTs by winning cryptocurrency competitions at BudBlockz Arcade.

Within the Arcade, your Ganja Guruz NFT serves as your profile avatar. Different variations have traits drawn from gaming, marijuana, anime, and general fun. These innovations attract investors to the BudBlockz token, $BLUNT,  with over 51 million sold out.

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/ 

Presale Registration:: https://app.budblockz.io/sign-up 

Telegram Group: https://t.me/BudBlockz 

Discord Server: https://discord.gg/s7hBFgvTmN 

All BudBlockz Links: https://linktr.ee/budblockz

Tokens.com, who purchased $2m worth of virtual land, makes their next move

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The metaverse tycoon who made a record investment in virtual land is preparing to begin construction. In November of last year, Tokens.com spent more than $2 million for space in Decentraland, one of several emerging metaverse platforms. “Several major celebrities are set to be part of an online fashion show,” Tokens.com co-founder and CEO Andrew Kiguel stated in an interview. Tommy Hilfiger, Cavalli, Elie Saab, Dolce & Gabbana, Etro, and Paco Rabanne, according to Kiguel, have all signed up to participate beginning March 24.

The event will take place over three days. There will also be numerous well-known DJs and a Mercedes-Benz-sponsored after-party. Decentraland, one of the platforms on which Kiguel’s firm is focused, is described by Kiguel as a distinct type of NFT, or nonfungible token.

Is Decentraland paving the road for virtual lands?

On the site, anyone may purchase virtual land. In the case of Decentraland, you’ll need to utilize MANA, a type of digital money that can only be acquired using Bitcoin or Ethereum. Users may then visit the website to view what’s available for purchase. Although many of the packages have already been acquired, several are still available secondhand.

An image inside Decentraland a metaverse platform
An image inside Decentraland, a metaverse platform

The price varies in the same way as real estate does in the actual world. Kiguel’s crew is keeping a careful eye on transactions in Decentraland, where he bought land in November. They knew who owned what and where they intended to purchase it. The transaction was recorded on a blockchain, which serves as a metaverse-wide digital deed.

On metaverse platforms, there isn’t endless space. There are beginnings and finishes to the world. It reminds Kiguel of a Monopoly board. “You may purchase 45,000 homes in Decentraland, 45,000 small pixels,” he remarked. “There are really 90,000 pixels up on the board, but some of them are not for sale, such as lakes, rivers, trees, and the downtown center fountains, which are locations that the foundation keeps for beautification purposes.”

Decentraland’s authors built programming that prevents the metaverse from expanding; thus, the land is scarce, much as it is in the real world. Several factors determine the price of the land. Most of the time, it’s because it’s next to something else with a lot of traffic. You click to reach anywhere in the metaverse. You don’t have to walk, drive, fly, or take the train to get to your destination.

JP Morgan emerges as first bank to enter the metaverse with a virtual lounge

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JP Morgan, the largest US bank, has opened the Onyx lounge in Decentraland, making it the first lender in the metaverse. The virtual lounge is the bank’s first foray into the virtual world.

Oynx is the name of JP Morgan’s permissible Ethereum-based services. The virtual lounge bears the same name, and it allows institutions and businesses to access the metaverse.

The financial behemoth has released reports on cryptocurrencies’ general acceptance. The latest report from JP Morgan provides insight into the metaverse and integrated commerce applications opportunities. Electronics and fashion businesses have entered the world of digital real estate and metaverse parties, offering customers digital collectibles and experiences.

JP Morgan is exploring opportunities in the Metaverse

“There is a lot of client interest to learn more about the metaverse,” Christine Moy, JPMorgan’s head of crypto and the metaverse, stated in an email. “We put together our white paper to help clients cut through the noise and highlight what the current reality is, and what needs to be built next in technology, commercial infrastructure, privacy/identity, and workforce, in order to maximize the full potential of our lives in the metaverse.”

image 8

They wrote in their metaverse report:

“One of the great possibilities of the metaverse is that it will massively expand access to the marketplace for consumers from emerging and frontier economies.”

JPMorgan starts its analysis of “metanomics” by noting that the average price of a virtual plot of land increased in the second half of 2021, rising from $6,000 in June to $12,000 in December across the four major Web 3 metaverse sites: Decentraland, The Sandbox, Somnium Space, and Cryptovoxels.

According to the JPMorgan analysis, “in time, the virtual real estate market might see services similar to those found in the actual world,” such as credit, mortgages, and rental agreements. It went on to say that decentralized finance (DeFi) collateral management might play a role and that this could be handled by decentralized autonomous organizations rather than traditional finance businesses (DAO).

The metaverse’s components continue to change at a breakneck pace. It’s challenging to build a corporate strategy around such a dynamic environment characterized by rapid development and new entrant innovation.

The costs and risks of engaging early and regularly to generate internal intellectual property, establish ideas about future business models, and discover ecosystem partners and collaborators, on the other hand, are pretty minimal. The asymmetrical risk of being left behind justifies the small initial expenditure required to get started and explore this new digital terrain.

Baby Doge hints its entry into metaverse with decentraland

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Baby Doge Coin takes baby steps into the metaverse after providing a peek of a Baby Doge avatar exploring the interesting metaverse.

In an exclusive video broadcast on the project’s official Twitter on February 9, they asked fans whether they wanted to witness the project in the metaverse before unveiling the exclusive.

The metaverse itself looks to be built by Decentraland, who was also acknowledged by baby doge Coin in their subsequent tweet. The initial step represents Baby Doge Coin’s first foray into the metaverse, but there may well be doubts about whether they have the potential to construct a metaverse of their own.

The move signals a crucial sense of direction for the project, with many frequently characterized as ‘meme coins’ preferring to do the same. The previous week saw Shiba Inu announced its plan to establish Shiba Metaverse Lands. The objective here by these initiatives is to use the large following they have built and move people toward their own renditions of the metaverse.

Baby Doge and its history

Baby Doge has acquired a few skills and teachings from his meme father, Doge. A new coin developed by followers of the Doge Meme internet community. Baby Doge strives to impress his father by exhibiting his new enhanced transaction speeds & adorableness. He is Hyper-deflationary with the static reflection that rewards holders; thus, extra baby doge coins are automatically added to your wallet after each transaction. 

BabyDoge was established in June 2021 and has an ambitious plan that includes more initiatives for pet charity, NFT development, GameFi, and more.

Baby doge is trading at $0.000000003466 with a 24-hour trading volume of $8,755,332. It is up 1.13% in the last 24 hours. The current CoinMarketCap ranking is #2868. The circulating supply is not available, and it’s max. supply is 420,000,000,000,000,000 BABYDOGE coins.

BabyDoge also has real-world applications in the works, which is unusual among meme cryptocurrencies. It includes a BabyDoge card and mobile app and collaborations with Coinpayments to link BabyDoge with popular e-commerce platforms like WooCommerce, Shopify, and Magento, as well as charitable donations to organizations like Paws with Cause, Furkids, Best Friends, ASPCA, and Humane Society.

Susan G Komen now accepts cryptocurrency donations

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One of the biggest organizations that fight breast cancer, Susan G Komen, has declared that they will now be accepting donations in the form of cryptocurrency.

The organization broadcasted the news using their Twitter handle to state that, hereon, the charity will be accepting donations in the form of crypto assets like Bitcoin(BTC), Ethereum(ETH), and more through their successful partnership with ‘The Giving Block’, a platform that raises funds for non-profits and charities, through cryptocurrency. The donor firm accepts Bitcoin(BTC), Ethereum(ETH) and now has dinted in Shiba Inu(SHIB) and Dogecoin(DOGE). The enterprise also accepts other coins like Dogelon Mars(ELON), Decentraland(GALA), Orchid(OXT), and Civic(CVC)”.

The institution, Susan G Komen’s motive is to save lives by meeting the most critical needs in their communities and investing in breakthrough research to prevent and cure breast cancer. The organization said

“Crypto currency donations are going to provide a new avenue for donors to join our fight to save lives from #breastcancer”

“I race in memory of my sister Susan G Komen”- Nancy G brinker

The organization started with a promise made in 1980 by Nancy G. Brinker made to her sister, Susan. She promised Susan that she would do everything in her power to end breast cancer forever. In 1982, that promise gave birth to the Susan G Komen organization which marked the beginning of a global movement.

Susan Goodman Komen was a fashion model who was diagnosed with breast cancer at the age of 33. She succumbed to the disease three years after her diagnosis.

Susan G Komen is the only organization that addresses breast cancer on multiple fronts like research, community health, global outreach, and public policy initiatives to make the biggest impact against this disease.

The organization claims to have invested more than $2.9 billion in groundbreaking research, community health outreach, advocacy, and programs in more than 60 countries. Their constant efforts have helped reduce deaths from breast cancer by 40% between 1989-2016, according to a study. The organization opening its arms to donations through Cryptocurrency makes more ways to raise funds and that in turn means more lives saved.

Metaverse-driven Decentraland price rallies as MANA hits a New All-time High

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As major cryptocurrencies continue to shrink, Metaverse-driven altcoin Decentraland [MANA] has a different story to tell. The gaming crypto-asset smashed a new all-time high of $4.34 in the wee hours of the 20th of November. The latest price surge of the coin can be attributed to the growing popularity in the metaverse realm. Besides that, MANA tokens are used in the purchase of different assets in Decentraland’s 3D virtual universe, and the soaring interest in the metaverse and non-fungible tokens[NFT] have further caused a ripple effect to the price surge.

Built on top of the Ethereum blockchain, Decentraland is a metaverse that facilitates users to buy and sell land, outfits in its virtual world. The digital reality world has quickly risen to one of the most trending topics in the crypto space and has recently brought a tremendous amount of traction and investments that are acting as catalysts for the native token.

In addition to that, the overall market volatility and the increased sell-offs for the dominant crypto-assets such as Bitcoin [BTC], Ethereum [ETH], and others have not made much of an impact on the MANA token. Instead, it highlights the fact that Decentraland and MANA with their unique use cases can still rake in bigger gains despite the bearish pressure in the broader market.

Decentraland [MANA] Daily Price Chart

MANAUSD 2021 11 20 14 59 20
Metaverse-driven Decentraland price rallies as MANA hits a New All-time High 6

At the time of writing, MANA was trading at $4.05 after a daily rise of 2.05%. Its market cap was found to be at $7.38 billion while its 24-hour trading volume stood at $3.37 billion.

As indicated from the daily chart, the Awesome Oscillator [AO] is leaning towards a bullish momentum. With regards to the Relative Strength Index [RSI] indicator cruising above 70 depicts strong overbought conditions in the coin market. However, the Chaikin Money Flow [CMF] below the zero line is projecting weak capital inflows in the market.