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Decentraland

Decentraland is a decentralized virtual reality (VR) world that is powered by the Ethereum blockchain. In this virtual world, you can purchase land, build, monetize, and immerse into the applications and content 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. MANA refers to the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain. People use MANA to purchase LAND (blockchain-backed token) and pay for goods or services within Decentraland.

Despite operating losses in 2022 for the Reality Labs business, Meta Inc (NASDAQ: META) CEO Mark Zuckerberg reassured that the company is sticking to its long-term goals for Metaverse, leading to a surge in the prices of associated tokens. What Happened In the last 24 hours, Decentraland (CRYPTO: MANA) rose by 6.40% trading at $0.80.

Metaverse Tokens Gain Big As Zuckerberg's Bullish View Eclipses Reality Labs' $13B Loss In 2022

ApeCoin

During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland's MANA and The Sandbox's SAND rising 92-150% against the greenback.

Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland's MANA Leading the Pack

Decentraland's MANA has surged 152% for the month, while The Sandbox's SAND is up over 90%.

Metaverse Tokens Outperforming Bitcoin in January

The Sandbox and Decentraland tokens went a mini bull run during January, each more than doubling in price at one point amid a massive spike in trading volume.

The Sandbox, Decentraland land prices double during mysterious January bull run

Discover how to explore the Decentraland metaverse with our step-by-step guide.

How To Explore the Decentraland Metaverse

Pet food company Pedigree thinks it can help drive dog adoption using the metaverse.

Decentraland goes to the dogs as Pedigree brings canine adoption to the metaverse

A significant amount of capital that started flowing when DCG invested into Decentraland appears to have more or less come full circle.

How Decentraland leaders giving money to Genesis completed a flow of capital

Decentraland has not one but three of the executives and founders listed among companies with large claims against Genesis's crypto lending unit.

Decentraland founders Ordano and Meilich join list of Genesis creditors

Crypto analytics firm Santiment reports that whale activity on three altcoins has surged since the start of 2023. Starting with the liquidity protocol Aave (AAVE), Santiment says that the 42nd-largest crypto asset by market cap has seen the number of transactions valued at over $100,000 increase by more than 1,100% year-to-date.

Whale Activity on Top Ethereum Altcoin Project Skyrockets 1,100% As Litecoin and Decentraland See Massive Jumps: Santiment

Mana (CRYPTO: MANA), the native token of the metaverse game Decentraland, skyrocketed by 73% over the past week, although it is currently trading flat at $0.70. What Happened: MANA is showing impressive gains over the last seven days, outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Metaverse Token Outperform Bitcoin, Ethereum With 73% Weekly Spike Amid Apple-Linked Rumors

The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks.

2023's Crypto Gainers: Decentraland's MANA Token Outperforms Bitcoin With 88% Increase in One Week

Tokens powering the metaverse, like Decentraland's MANA, are rallying hard this week following news that Apple will release a VR/AR headset.

Decentraland Posts 81% Rise Over The Week, Leads Metaverse Token Rally

As recession fears wane, metaverse and NFT-related coins, like Decentraland's MANA, posted positive gains.

Decentraland Leads Metaverse Token Rally After Optimistic CPI Report

A closely followed crypto trader says Decentraland (MANA), ApeCoin (APE) and Frax Share (FXS) are setting the stage for big rallies. The pseudonymous trader Cantering Clark tells his 156,700 Twitter followers that the metaverse protocol Decentraland is showing a short bear squeeze, signaling further upside. “GameFi and metaverse pumping.

Top Crypto Strategist Predicts Violent Rallies for Decentraland, ApeCoin and One Additional Altcoin

Prominent market analytics firm Santiment says that a trio of altcoins is showing healthy signs moving into 2023. According to the crypto intelligence firm, interoperability blockchain Quant (QNT), metaverse protocol Decentraland (MANA) and Ethereum-based (ETH) gaming blockchain Enjin Coin (ENJ) may have bright futures ahead of them.

Quant (QNT), Decentraland (MANA) and One Ethereum-Based Altcoin Showing Good Signs for 2023: Santiment

Leading crypto insights firm Santiment says four altcoins are showing signs of an imminent bounce after getting “hammered” in the market. According to Santiment, metaverse altcoins Decentraland (MANA) and The Sandbox (SAND) along with Chiliz (CHZ) and Ren (REN), are in “opportunity zones” after the crypto market experienced big losses.

Decentraland, The Sandbox and Two Ethereum-Based Altcoins in ‘Opportunity Zone', According to Crypto Analytics Firm

Decentraland LAND owners can now rent out their property to others. Renters pay each day using MANA, the platform's main cryptocurrency.  The post Decentraland will now let you become a virtual landlord appeared first on The Block.

Decentraland will now let you become a virtual landlord

Polygon

Margex has added a wide range of popular cryptocurrencies to its already massive list of trading pairs. New crypto trading pairs include: Binance Coin, Polygon, Chainlink, APTOS, Cosmos, and more VICTORIA, Seychelles , Dec. 7, 2022 /PRNewswire/ -- Margex, the fastest-growing digital asset trading and investment platform providing access to an innovative trading infrastructure worldwide, has announced new cryptocurrency trading pairs.

Margex Announces All-New Crypto Trading Pairs: MATIC, BNB, MANA, & More

Crypto analytics firm Santiment says that virtual reality blockchain Decentraland (MANA) is quietly flashing an on-chain signal that has previously foreshadowed exponential rallies for the altcoin. According to Santiment, MANA's profit/loss ratio, which compares the amount of coins sitting at a loss to those at a profit, is sitting at three-year lows.

Decentraland (MANA) Showing Signal That Once Preceded 610% Rally: Crypto Analytics Firm Santiment

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?

It's Lonely in the Metaverse: Decentraland's 38 Daily Active Users in a $1.3B Ecosystem

Samsung Latam, the regional division of the electronics giant, has decided to present its own space in Decentraland, an Ethereum-based metaverse platform. The space, which will be named “House of Sam,” will allow users to have virtual contact with different products of the brand, and play mini-games to win Samsung-branded rewards for their avatars.

Samsung Latam Launches ‘House of Sam' Metaverse Experience in Decentraland

Laliga, the Spanish soccer first division organization, has established a strategic partnership with Stadioplus and Vegas City Limited, two metaverse-related companies, to digitize part of its activities to offer new experiences in Decentraland, an Ethereum-based metaverse.

Spanish Soccer First Division Laliga to Be Featured in Decentraland's Metaverse

Swiss crypto bank and asset manager Sygnum will open a hub in Decentraland complete with a CryptoPunk receptionist, NFT gallery and event space. The post Crypto bank Sygnum to open metaverse hub in Decentraland appeared first on The Block.

Crypto bank Sygnum to open metaverse hub in Decentraland

Ethereum

Solana

A popular crypto strategist says that he sees blue skies in the short term for a trio of altcoins including smart contract protocol Solana (SOL) and virtual reality platform Decentraland (MANA).

Blue Skies in Sight for Solana, Decentraland and One Ethereum Altcoin, Says Top Analyst – Here Are His Targets

The largest whales on the Ethereum (ETH) network are jumping into a series of different altcoins associated with the metaverse sector over the last seven days, according to blockchain tracking service WhaleStats. As per WhaleStats' on-chain data, virtual world The Sandbox (SAND) is currently by far the most purchased metaverse altcoin among Ethereum's top 5,000 […] The post Biggest Ethereum Whales Scoop up The Sandbox, Apecoin, Decentraland and Three More Metaverse Tokens: WhaleStats appeared first on The Daily Hodl.

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