Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Decentraland
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About Decentraland
Decentraland is an Ethereum-powered virtual reality platform. In this virtual world, you purchase plots of land that you can later traverse, build upon, and monetize. There’s no limit to what you can do. It’s the first digital platform that’s completely owned by its users. Similar to games like Skyrim and Fallout, Decentraland is an all-immersive virtual universe. However, instead of playing on a 2-dimensional screen, you participate in a 3-dimensional world. It seems to be the logical next step before creating full-blown AI-based games in the physical space à la Westworld. Similar groupings on LAND comprise Districts. Districts are basically communities that revolve around a shared theme. For example, there may be a District just for crypto enthusiasts with cryptocurrency apps and services. The Decentraland team is led by Ari Meilich (Project Lead) and Esteban Ordano (Tech Lead). Ordano previously worked at Bitpay as a software engineer and founded Smart Contract Solutions, Inc. Both founders have also worked together in creating Stremium and Bitcore. Decentraland has been around for longer than you may think. The team hit their first development milestone, Stone Age, in June 2015. This was a simple, pixelated grid that allocated pixels to users through a proof-of-work algorithm. Most recently, they held a Terraform Event in which they sold LAND in the new, 3D world. The team has also partnered with district0x, Aragon, and imToken to provide some of their services. MANA is the token used to buy lands in Decentraland. The Blockchain platform can be incorporated in order to buy or sell the various digital assets available in the virtual world. An unclaimed land would have the same market pricing on every exchange possible and precisely the developers are on a hunt for such since as they can build on top of it, and attract lot of popularity. However, one must keep in mind that the land parcels are different from them and each one of them varies according to the various market conditions of that time. Mana can be a great investment and can be bought by trading and with other Bitcoin, Ethereum, or any other prominent cryptocurrency and on some of the most notable cryptocurrency exchanges. Specifically, Binance and Huobi are two of the best cryptocurrency exchanges that one can suggest for trading Mana tokens. The Decentraland coin isn’t a minable cryptocurrency as it is issued on the Ethereum blockchain, unlike Bitcoin and other similar currencies. So users looking to engage in some Decentraland mining will be disappointed. Instead, it was sold during token sales and is now being traded on exchanges.
Read moreDecentraland News
Whether you’re a seasoned investor or new to cryptocurrency, our platform offers the latest and real news on Decentraland. Our news section offers timely updates on Decentraland’s market developments, regulatory changes, and technological advancements. From breaking headlines to in-depth analysis, we cover a wide range of topics that impact Decentraland’s value and its role in the cryptocurrency ecosystem.
WMA: Bitcoin Clings onto $62,000 Amid Extreme Market Volatility
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
8 months ago
WMA: Bitcoin Tumbles to $62,000 as the Market Takes a Dip
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin is down by over 5% to trade at around $62,300. Ethereum decreased by almost 9% to trade at around $2,400. XRP is down by 15%, Solana by 8%, and Dogecoin by 13%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value…
8 months ago
Crypto’s Rising Stars: Top 10 Projects
The cryptocurrency market is currently at a critical juncture, commanding a staggering $2.26 trillion in global market capitalisation as we move deeper into the final quarter of the year 2024. As much as Bitcoin and Ethereum maintain their dominance, a slew of innovative projects are fast-rising with innovative ideas to challenge the norm in the ecosystem. Now that the cryptocurrency market has reached new heights of potential, investors have changed their focus to support platforms with products and offerings that…
8 months ago
Cryptocurrency Adoption Grows in Online Casino Platforms
Cryptocurrencies are revolutionising the online casino industry, providing players with enhanced security and faster transactions. As digital currencies like Bitcoin gain popularity, more online casinos are integrating them into their payment systems. This trend is reshaping how people gamble online. The adoption of cryptocurrencies in online casino platforms is rapidly increasing, offering numerous benefits to both players and operators. You might be curious about how this trend is evolving and why it holds significance in online gambling. Let's delve into…
8 months ago
WMA: Bitcoin Soars to $66,000 as the Market Sees Green All-Around
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,31 trillion. Bitcoin is up by over 5% to trade at around $65,700. Ethereum increased by almost 4% to trade at around $2,660. XRP is up 11%, Solana 10%, and Shiba Inu 36%. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector increased the total value of protocols…
8 months ago
WMA: Bitcoin Surges to $62K as the Market Prepares for Altcoin Season
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,19 trillion. Bitcoin is up by over 4% to trade at around $62,700. Ethereum increased by almost 76% to trade at around $2,570. XRP is up by 1%, Solana by 6%, and Shiba Inu by 4%. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector has grown significantly,…
9 months ago
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ChainlinkChainlink Signals Deeper Losses: Can Bulls Stage A Comeback?
Chainlink is facing increasing bearish pressure as its price continues to edge lower, signalling a potential move toward the further downside. After a period of consolidation, the bears have regained control, pushing Chainlink closer toward the $9.28 support level. However, bulls may not be ready to give up just yet. With market sentiment fluctuating, the possibility of a bullish comeback looms on the horizon. By examining key technical indicators and market sentiment, we seek to determine if LINK is poised for…
9 months ago
Will MANA Hold The Line? Key Trendline Retest Could Lead To An Upsurge
Decentraland (MANA) is at a critical juncture as it faces a key trendline retest that could determine its next major move. With the price hovering near a crucial support level, market watchers are keen to see whether MANA will hold the line and spark a bullish reversal. A successful defense of this trendline could trigger an upsurge, propelling the cryptocurrency to new highs. However, failure to hold could lead to increased volatility and uncertainty. All eyes are now on MANA’s…
9 months ago
Enjin Coin Price Prediction 2024, 2025, 2030: Will ENJ Price Rise Again?
The post Enjin Coin Price Prediction 2024, 2025, 2030: Will ENJ Price Rise Again? appeared first on Coinpedia Fintech News Story Highlights The live price of the Enjin token is $ 0.14733059 ENJ price is expected to hit a maximum of $0.80 by the end of 2024. With a potential surge, the price may go as high as $6.16 by the end of 2030. The Enjin is a unique project that uses gamification as a new approach to growth. Enjin aims…
9 months ago
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Up to $8000+ in Deposit Rewards
Axie Infinity Price Prediction 2024, 2025, 2030: Will AXS Price Hit $10 This Year?
The post Axie Infinity Price Prediction 2024, 2025, 2030: Will AXS Price Hit $10 This Year? appeared first on Coinpedia Fintech News Story Highlights The live price of Axie Infinity is $ 4.76656610. AXS price could trade as high as $10.12 by 2024. Axie Infinity with a potential surge could go as high as $53.16 by 2030. One of the growing trends in the crypto verse is blockchain gaming. The young and promising project that is ruling the gaming sector is…
9 months ago
Metaverse Tokens To Make A Comeback In Late 2024?
The post Metaverse Tokens To Make A Comeback In Late 2024? appeared first on Coinpedia Fintech News Altcoins in the crypto market are making a gradual comeback, regardless of Bitcoin price failing to sustain above $60,000. Amid the recovering cryptocurrencies, GALA and MANA tokens showcase a reversal rally for a breakout run in the coming days. So, should you consider buying these Metaverse coins? Meta Tokens On The Rise: GALA In A Bearish Pennant Trapped in a falling channel, GALA…
10 months ago
Will The Metaverse Altcoins Make A Comeback In Late 2024?
The post Will The Metaverse Altcoins Make A Comeback In Late 2024? appeared first on Coinpedia Fintech News With a bullish trend in the altcoins market, the ETH/BTC pair has experienced a 2.41% rise in the last 24 hours. The stronger Ethereum grows against Bitcoin, the more likely an altcoin season will occur. Amid the altcoins, the Metaverse tokens like GALA and MANA witness a recovery run, teasing a trend reversal. Will these metaverse altcoins surge this week? Let’s find…
10 months ago
Must Watch Meta and Gaming Tokens With 2x Upside Potential
The post Must Watch Meta and Gaming Tokens With 2x Upside Potential appeared first on Coinpedia Fintech News As the recovery run in the crypto market gains momentum, all the minor segments are making a comeback. Fueled by the additional momentum in the market, Meta and gaming tokens surge to new heights. So, let’s have a look at the technical price charts of high-performing metaverse and gaming tokens for bullish openings. Top Meta and Gaming Tokens To Buy: Sandbox (SAND)…
10 months ago
SEC’s Solana Stance Remains Aggressive: What Next for SOL Price?
The post SEC’s Solana Stance Remains Aggressive: What Next for SOL Price? appeared first on Coinpedia Fintech News The SEC’s recent decision to withdraw its request to classify Solana (SOL) as a security in its lawsuit against Binance has sparked confusion. Despite this move, industry insiders, including Jake Chervinsky from Variant Fund, argue there’s no reason to believe the SEC has shifted its position on Solana. With SEC updates and possible ETF on the horizon, will SOL regain its bullish…
10 months ago
MANA Soars As Market Optimism Returns, Next Stop $0.3713 Level
The current price action of Decentraland (MANA) indicates that market optimism is on the rise as the digital currency regains its bullish momentum, with the price now targeting the key resistance level of $0.3713. This recent surge in MANA’s price occurred following a price rejection at $0.3099, marked by the formation of a hammer candlestick pattern. MANA has shown renewed strength, attracting investors and traders who are eagerly waiting for an opportunity to capitalize on the potential upward movement, especially…
11 months ago
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CryptocurrencyFloki Emerges as the Leading Play-to-Earn Cryptocurrency
The post Floki Emerges as the Leading Play-to-Earn Cryptocurrency appeared first on Coinpedia Fintech News Floki has been recognized as the world’s largest play-to-earn (P2E) cryptocurrency by CoinMarketCap, surpassing Notcoin (NOT), Axie Infinity (AXS), The Sandbox (SAND), Decentraland (MANA), and Gala Games (GALA). This milestone comes as Floki gears up to launch its NFT metaverse game, Valhalla, on the mainnet later this year, promising to revolutionize the P2E landscape. Currently, Floki trades at $0.0001797, showing an intraday growth of 3.33%,…
11 months ago
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XRPFrom $0.38 to $0.47 – 22% in XRP Rise and the Big News Behind It
The post From $0.38 to $0.47 – 22% in XRP Rise and the Big News Behind It appeared first on Coinpedia Fintech News Good News for XRP Lovers as Ripple Joins CME Group and CF BenchmarksXRP lovers received good news on the early morning of July 12. Starting July 29, the XRP Dollar reference rate and indices will be included in the CME Group and CF Benchmarks. Being listed here is a huge milestone for Ripple. XRP Twitter SAGA The…
11 months ago
How to Earn Cryptocurrencies by Playing Online Games
Introduction With the rise of blockchain technology and the growing popularity of cryptocurrencies, gamers now have the unique opportunity to earn digital assets while playing their favorite games. This guide explores how you can earn cryptocurrencies through online gaming, offering tips on balancing your time between earning crypto and enjoying traditional games. For a relaxing break, you can always play solitaire to unwind. Let’s dive into the world of crypto gaming and discover how you can start earning today. Understanding…
11 months ago
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Up to $8000+ in Deposit Rewards
GameFi and Meme Sector Booming, Three Tokens Showing Huge Potential
The post GameFi and Meme Sector Booming, Three Tokens Showing Huge Potential appeared first on Coinpedia Fintech News While smart investors and traders are looking for the next lucrative and promising meme coin to bank with, the GameFi market is also signalling an attractive sector this year. Amid the tension caused by the rise and fall of several top altcoins, KangaMoon (KANG) is beginning to secure enough adoption and attention to contend with gaming networks like The Sandbox and Decentraland.…
11 months ago
Top 7 GameFi Coins For Beginners: How to Start With GameFi Crypto Tokens In 2024
The post Top 7 GameFi Coins For Beginners: How to Start With GameFi Crypto Tokens In 2024 appeared first on Coinpedia Fintech News GameFi, combining blockchain and gaming, is booming. With over 3 million daily active wallets in May 2024, game-specific blockchains are enhancing user experiences, making blockchain integration in gaming smoother. This trend meets the demand for immersive and engaging gaming, drawing developers and players to explore GameFi’s potential. GameFi market overview: what you need to know GameFi, the…
11 months ago
Is EIP-7732 the Key to Unlocking Ethereum’s Full Potential? Developers Propose Validation Upgrade
Ethereum developers are set to address the inefficiencies within the network through a new EIP-7732 proposal. The Ethereum blockchain has been outshined by Pump.fun in revenue height as the Solana-based platform edges the blockchain giant by transaction cost. Ethereum (ETH) developers introduce a new Ethereum Improvement Proposal, EIP-7732, to offset the challenges of inefficiencies while revolutionizing the block validation process and enhancing the speed of the blockchain. According to our review of this comprehensive proposal, EIP-7732 would bifurcate the block…
11 months ago
Top Gaming Tokens To Buy For 100% Surge This July!
The post Top Gaming Tokens To Buy For 100% Surge This July! appeared first on Coinpedia Fintech News The cryptocurrency market has displayed a bullish bounce after trading under a bearish sentiment for the past few days. Notably, the market valuation has recorded a jump of over 3% with the price of Bitcoin successfully reclaiming the $57,000 mark. Following this, the Gaming tokens displayed a similar price trend by adding significant value to their respective portfolios. Planning on investing in…
11 months ago
MultiversX and SafePal Team Up: Secure EGLD Trading Made Easy
MultiversX integrates EGLD with SafePal, enhancing accessibility and security for 13+ million users globally. SafePal users can now seamlessly manage and trade EGLD directly through their preferred browsers. MultiversX has announced that its native token, EGLD, has been integrated into SafePal. For over 13 million users, this connection provides security and improved accessibility so they may buy and trade EGLD across more than 200 countries. This is a significant turning point in the growth of the MultiversX ecology. #MultiversX @iSafePal…
11 months ago
GameFi Token MANA Plunges 95% From ATH, As Holders Swarm Raboo Amid Polkadot News
It has been tough times for investors, as many top altcoins are trading down at the moment. Decentraland (MANA) was the star of GameFi in 2021 and 2022, but the token has lost most of its value lately. Polkadot (DOT) is also facing scrutiny for heavy spending, as reported in its Treasury reports. In the midst of so many downtrends, Raboo ($RABT) is practically untouched. The $RABT crypto price is 60% up from the initial presale stage, and investors have…
11 months ago