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What is the cryptocurrency Decentraland (MANA)? Everything you should know
In the last 24 hours until Thursday morning, the trading volume of the Decentraland (MANA) cryptocurrency increased by more than 57%, while its price increased by around 1%.
Decentraland (MANA) is a concept that has recently gained popularity.
Decentraland is an Ethereum-powered virtual reality platform. It enables users to create, use, and monetise content and apps. Users purchase virtual land parcels in order to develop and monetise them. In 2017, Decentraland was established. In the same year, it raised $24 million through an initial coin offering (ICO).
The virtual world's closed beta was released in 2019 and will be made public in February 2020.
Since its inception, users of Decentraland have built a wide range of interactive games, huge 3D scenes, and other interactive experiences on their land parcels.
MANA and LAND are the two tokens used in Decentraland. The former is an ERC-20 token that is burned in order to create the non-fungible ERC-721 LAND token. Furthermore, the MANA token can be used to pay for avatars, wearables, names, and other items in the Decentraland marketplace.
Decentraland was co-founded by cryptocurrency enthusiasts Ariel Meilich and Esteban Ordano. They are currently serving as company advisers.
The MANA token has a total quantity of 2.19 billion, with 1.82 billion in circulation. It can be traded against Bitcoin (BTC) and Ethereum (ETH) on exchanges such as Binance, OKEx, and others. It can also be purchased with fiat currency such as KRW, USD, and so on.
Price and Performance of the MANA Token
At 11:03 a.m. ET on January 27, the MANA token was priced at $2.25 USD, a 1.22 percent increase. Its trade volume increased by 57.70 percent in the last 24 hours to $998.77 million on Thursday morning.
It has a market capitalisation of $4.10 billion, with a fully diluted market capitalisation of $5.00 billion. In the previous 52 weeks, the MANA token reached a high of $5.90 and a low of $0.1416. On November 25, 2021, it hit an all-time high of $5.90.
Bottomline
Over the last 12 months, the MANA token has increased by 1311.69 percent. Before investing in digital assets, investors should conduct a thorough market analysis.
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By Crypto PiratesIn the last 24 hours until Thursday morning, the trading volume of the Decentraland (MANA) cryptocurrency increased by more than 57%, while its price increased by around 1%.
Decentraland (MANA) is a concept that has recently gained popularity.
Decentraland is an Ethereum-powered virtual reality platform. It enables users to create, use, and monetise content and apps. Users purchase virtual land parcels in order to develop and monetise them. In 2017, Decentraland was established. In the same year, it raised $24 million through an initial coin offering (ICO).
The virtual world's closed beta was released in 2019 and will be made public in February 2020.
Since its inception, users of Decentraland have built a wide range of interactive games, huge 3D scenes, and other interactive experiences on their land parcels.
MANA and LAND are the two tokens used in Decentraland. The former is an ERC-20 token that is burned in order to create the non-fungible ERC-721 LAND token. Furthermore, the MANA token can be used to pay for avatars, wearables, names, and other items in the Decentraland marketplace.
Decentraland was co-founded by cryptocurrency enthusiasts Ariel Meilich and Esteban Ordano. They are currently serving as company advisers.
The MANA token has a total quantity of 2.19 billion, with 1.82 billion in circulation. It can be traded against Bitcoin (BTC) and Ethereum (ETH) on exchanges such as Binance, OKEx, and others. It can also be purchased with fiat currency such as KRW, USD, and so on.
Price and Performance of the MANA Token
At 11:03 a.m. ET on January 27, the MANA token was priced at $2.25 USD, a 1.22 percent increase. Its trade volume increased by 57.70 percent in the last 24 hours to $998.77 million on Thursday morning.
It has a market capitalisation of $4.10 billion, with a fully diluted market capitalisation of $5.00 billion. In the previous 52 weeks, the MANA token reached a high of $5.90 and a low of $0.1416. On November 25, 2021, it hit an all-time high of $5.90.
Bottomline
Over the last 12 months, the MANA token has increased by 1311.69 percent. Before investing in digital assets, investors should conduct a thorough market analysis.
Support us!