According to WhaleStats measures, Decentraland’s token, MANA, has surged into the top 10 purchased list, making it more appealing.
According to the vendor, which analyses the largest ethereum wallets, the average amount of $MANA purchased in the top 100 wallets is $7,328, resulting in an average token quantity of 6,323 and a median price of $1.18. It’s worth mentioning that $MANA hit an all-time low of $1.018 when the market opened.
Despite the fact that Decentraland is one of the most popular Metaverses and acquired rapid popularity following Facebook’s similar product launch last year, investors did not spare it and drove the price down to a historically low level, where whales began to accumulate it.
Decentraland is a metaverse platform that allows users to create and monetize 3D virtual world content and apps. It is based on the Ethereum blockchain and aims to create a community-owned network while also offering immersive gaming experiences.
MANA is the official token and cryptocurrency of Decentraland. MANA is an ERC-20 token that enables users to buy, sell, and trade land in the virtual world, as well as pay for goods and services.
On the Decentraland Marketplace, the platform’s marketplace, it’s also used to buy estates, avatars, wearables, and one-of-a-kind names. The total number of MANA tokens available for purchase is 2.19 billion.
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