Decentraland (MANA) price has declined today.
The price of Decentraland (MANA) is $0.459575 today with a 24-hour trading volume of $56,321,284. This represents a -4.20% price decline in the last 24 hours and a 0.50% price increase in the past 7 days. With a circulating supply of 1.8 Billion MANA, Decentraland is valued at a market cap of $838,932,965.
What is Decentraland?
Have you read or watched Ready Player One? If you have then you know where we are headed. Decentraland is a decentralized VR (virtual reality) world that is powered by the Ethereum blockchain. In this virtual world, you can purchase land, build it, monetize, and immerse into the applications and content that is built by other users. What distinguishes Decentraland from other VR projects is its decentralized nature. Land and in-game currency are powered by the Ethereum blockchain which give users complete ownership and promotes transparency.
What is MANA?
MANA refers to the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain. Users can currently use MANA to purchase LAND and also pay for goods and services in Decentraland. MANA token can be purchased from various centralized exchanges, decentralized exchanges, and swap services.
What is LAND?
The concept of LAND in Decentraland refers to a parcel of land in the 3D virtual world. LAND is a non-fundigble token (NFT) powered by the Ethereum blockchain. Users have the opportunity to permanently own any LAND they purchase as the land titles are all traceable through the blockchain. They would then have total control on any 3D scenes they would like to build on the LAND. Individual parcels of land can be combined into estates to form larger plots of land. You may purchase LAND from secondary markets such as the Marketplace or OpenSea.
How do I keep my MANA safe?
Since MANA is an ERC-20 token, you can store it in any Ethereum compatible wallet. To stay secure, a good recommendation would be to use a hardware wallet such as Trezor or Ledger. If you are looking to interact with the Decentraland smart contracts, you an opt for wallets such as Metamask, MyEtherWallet, or MyCrypto.
Where can you buy Decentraland?
MANA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Decentraland is BingX, where the most active trading pair MANA/USDT has a trading volume of $254,687.05 in the last 24 hours. Other popular options include DigiFinex and LBank.
What is the daily trading volume of Decentraland (MANA)?
The trading volume of Decentraland (MANA) is $56,321,283.65 in the last 24 hours, representing a 37.90% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Decentraland (MANA)?
The highest price paid for Decentraland (MANA) is $5.85, which was recorded on Nov 25, 2021 (over 1 year). Comparatively, the current price is -92.10% lower than the all-time high price.
What is the all-time low for Decentraland (MANA)?
The lowest price paid for Decentraland (MANA) is $0.009236807947, which was recorded on Oct 31, 2017 (over 5 years). Comparatively, the current price is 4,878.90% higher than the all-time low price.
What is the market cap of Decentraland (MANA)?
Market capitalization of Decentraland (MANA) is $838,932,965 and is ranked #55 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MANA tokens (1.8 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Decentraland (MANA)?
The fully diluted valuation (FDV) of Decentraland (MANA) is $1,008,541,324. This is a statistical representation of the maximum market cap, assuming the maximum number of 2.2 Billion MANA tokens are in circulation today. Depending on how the emission schedule of MANA tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Decentraland compare against its peers?
With a price increase of 0.50% in the last 7 days, Decentraland (MANA) is underperforming the global cryptocurrency market which is up 2.00%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of Decentraland today?
The community is bullish as more than 54% of users are feeling good about Decentraland (MANA) today.
How to add Decentraland (MANA) to MetaMask?
Adding Decentraland (MANA) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import MANA as a token. You can copy MANA’s contract address (0x0f5d2fb29fb7d3cfee444a200298f468908cc942) and import it manually, or if you've installed MetaMask's chrome extension, add MANA to MetaMask with one click on CoinGecko.
Add MANA to MetaMask.
