MANA is the first of the top 100 coins by market cap to start recovering from yesterday’s losses. Today’s live Decentraland (MANA price) is $3.18, with a daily trading volume of $2.4 million. In the last 24 hours, Decentraland has risen 9.99%.

This guide will help you learn more about Decentraland and how to purchase it.

Decentraland: Top Places to Buy Now

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Binance

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What is Decentraland?

Decentraland (MANA), a virtual reality platform powered with the Ethereum blockchain, allows users to create, experience and monetize content.

Users can purchase plots land in this virtual world that they can then navigate, develop upon, and monetize.

Decentraland was founded following a $24million initial coin offering (ICO), which was held in 2017. The closed beta version of the virtual world was launched in 2019 and made available to the public in February 2020.

Users have since created a range of interactive experiences on their parcels, including sprawling 3D scenes, interactive games, and a variety other interactive experiences.

Decentraland is for content creators, companies, and individuals who are searching for new artistic mediums, business opportunities, or sources of entertainment.

In total, the Decentraland gameworld — termed the “Metaverse” — is divided into 90,601 individual parcels of LAND, each of which is represented by an ERC-721 non-fungible token.

Each LAND measures exactly 16m x16m (256 sq. meters). It can be found at a specific coordinate in the Metaverse.

While LAND owners have the freedom to do whatever they like with their plot, much of Metaverse is broken down into districts. Each district has a distinct theme and size.

These districts were generated through individual crowdsales for MANA tokens, and parcels of LAND in these districts cannot be traded.

Should I purchase Decentraland now?

It is difficult to predict cryptocurrency prices accurately so you should not make any financial decisions without a thorough market analysis.

Don’t invest more than you can afford to lose.

Price prediction for Decentraland

Crowd Wisdom predicts MANA to trade between $ 3.06 & $ 3.22 within the next few minutes. Their technical recommendation is to buy MANA in the coming hours.

Four of the six momentum indicators are positive. One of the six indicators is negative.