Will Decentraland Maintain its Upward Trend? MANA Reviews and Expectations

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MEANING, the metaverse of experts and NFT as a proof of the growing interest in the field, Decentraland had recorded a rally the other day after the news of a virtual purchase with a record fee on its platform. The virtual sale of $ 2.4 million, recorded in the Decentraland universe, caused a stir in the market.

MANA Reviews

The transaction on the Decentraland platform became one of the highest valuations ever made to a virtual space. Decentraland is a decentralized metaverse universe built on the Ethereum blockchain, which allows users to explore and interact with each other in a virtual environment, as well as buy and sell NFTs in the form of land and other virtual items.

Tokens com, the publicly traded company that uses its balance sheet to invest in digital assets, became the platform that made this purchase. Tokens will use the virtual space located in the Fashion Street area of Decentraland to host online fashion events and sell virtual clothing. Tokens com, this sandbox is 618,000 MEANING he bought it in return. The recorded transaction amounted to an amount exceeding $ 2.4 million.

Important Levels in MANA

News of the purchase, which started the week at around $ 3.66 MEANING it helped to bring its price to a new all-time high of $ 6. The rally surpassed MANA’s record of over $5 on October 30. However, as of today, MANA has lost its $5 flag due to the withdrawal effect seen on the market.

 

MEANINGwhen the price movement of the last few days is examined, the popular crypto currency seems to be forming a head and shoulders model. A short-term uptrend, as well as a break in the neckline, seems to have triggered some technical sales. On the other hand, if the $4.30 support level is lost, the price may be pushed into the $4 support area.

In general, the opinion of analysts reflects the upward trend, while the expert name is Michael van de Poppe MEANING, SAND and he pointed out the hype around other metaverse-based cryptocurrencies.

Disclaimer Of Liability: The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies have high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.
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