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Decentraland recovering swiftly, up 10% in 24 hours: here’s where to buy MANA now

MANA is the first of the top 100 coins by market cap to start recovering from yesterday’s losses. The live Decentraland (MANA) price today is $3.18 with a 24-hour trading volume of $2.4 billion. Decentraland is up 9.99% in the last 24 hours. 

If you are attracted to unique features and want to learn how and where to buy Decentraland, this guide is for you.

Top places to buy Decentraland now

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Buy MANA with eToro today

CAPEX

CAPEX.com is an awarded fintech brand, globally recognized for a strong presence in shaping the future of trading. The company focuses on making the markets more accessible & transforming the way people trade online.

Buy MANA with CAPEX today

What is Decentraland?

Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.

Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. 

Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.

Decentraland is built for content creators, businesses and individuals that are looking for a new artistic medium, business opportunity, or source 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 is exactly 16m x 16m (256 square meters) and can be found at a particular coordinate in the Metaverse.

Though LAND holders are free to develop their plot into whatever they choose, much of the Metaverse is broadly divided into several districts, each of which has a different size and theme.

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

Should I buy Decentraland today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. 

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

Decentraland price prediction

Crowd Wisdom predicts MANA will trade between $ 3.06 and $ 3.22 in the next few hours. Buy is their technical recommendation for the next few hours. 

4 out of the 6 momentum indicators are positive. 1 of the 6 indicators is negative.

Decentraland on social media

The post Decentraland recovering swiftly, up 10% in 24 hours: here’s where to buy MANA now appeared first on Coin Journal.

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Ravencoin (RVN) has been surging the past week – should you buy it?

Ravencoin (RVN) is right now one of the best performing coins in the market. The token is up 20% over the last week. These gains would be even higher were it not for today’s broader crypto pullback that saw RVN lose over 10% in 24 hours. So, what is Ravencoin (RVN), and should you even consider it? The analysis is below but first, some highlights:

  • This week’s gains have helped Ravencoin (RVN) surge past its December lows by nearly 80%.

  • At press time, the token was down 10% in 24-hour intraday trading but is still 20% up over the last 7 days.

  • Despite this positive momentum, Ravencoin (RVN) still remains 62% from all-time highs in 2021.

Data source: Tradingview.com 

Ravencoin (RVN) – Price analysis and prediction

Ravencoin (RVN) was launched 4 years ago. During this period, the token has reported significant growth. The recent 7-day surge suggests that perhaps there is way more to come from Ravencoin (RVN). 

Besides, at the time of writing, the coin had a market cap of around $1.2 billion, an indication that there is still enough upside to unlock more value in the long term. Right now, the coin is also above its 25- and 50-day moving average. 

Despite the 10% 24 hour pull back, Ravencoin (RVN) is still above its resistance level of $0.115. We expect the token to trade above this threshold as long as sentiment in the broader crypto doesn’t deteriorate further.

Why you should buy Ravencoin (RVN)

Ravencoin (RVN) is built on a fork of the Bitcoin code. It is designed to be a peer-to-peer blockchain network that facilitates the transfer of crypto assets in the most efficient and less costly way. So far, the project has earned the trust of many investors. Although it is not really the most promising blockchain project today, it could still offer decent returns for long-term plays.

The post Ravencoin (RVN) has been surging the past week – should you buy it? appeared first on Coin Journal.