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…
Mana
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
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 $0.3099, marked by the formation of a hammer candlestick pattern. MANA has shown renewed strength, attracting investors and traders who are eagerly waiting for an opportunity to capitalize on the potential upward movement, especially…
11 months ago
GameFi Token MANA Plunges 95% From ATH, As Holders Swarm Raboo Amid Polkadot News
It has been tough times for investors, as many top altcoins are trading down at the moment. Decentraland (MANA) was the star of GameFi in 2021 and 2022, but the token has lost most of its value lately. Polkadot (DOT) is also facing scrutiny for heavy spending, as reported in its Treasury reports. In the midst of so many downtrends, Raboo ($RABT) is practically untouched. The $RABT crypto price is 60% up from the initial presale stage, and investors have…
11 months ago
2024 Crypto Price Extravaganza: Unveiling Predictions for Decentraland (MANA), Cosmic Kittens (CKIT), and The Sandbox (SAND)
Three cryptocurrencies may dominate the market in 2024: Decentraland (MANA), Cosmic Kittens (CKIT), and The Sandbox (SAND). While you may be familiar with MANA and SAND, CKIT is a new project that will soon enter its presale. Some analysts say it may even soar by 600% in 2024. Today, we will find out why. >>Click Here To Learn More About Cosmic Kittens (CKIT)<< Decentraland (MANA) Users Leverage Magic To Enhance Account Creation At the start of the year, Decentraland (MANA)…
11 months ago
Top 5 Crypto Gaming Tokens to Buy for the Next Bull Run
Crypto gaming is one of the fastest-developing sectors of the blockchain industry. In 2023, it is estimated at $7.89 billion and is forecasted to reach over $300 billion by 2030. Some see it as the next ship to onboard for lucrative long-term investments. And after a closer look at it, we can easily understand why. The strength of the crypto gaming market lies at the crossroads of several technological advances, including blockchain, cryptocurrencies, and the Metaverse. Including new economic models,…
2 years ago
IOTA Congestion Control Algorithm is now Enforced into GoShimmer
Director of Research at the IOTA Foundation, Billy Sanders, said the IOTA congestion control algorithm is now implemented into GoShimmer, and soon they will release the Nectar. The IOTA Congestion Control Algorithm (ICCA) remodels the transaction process to reduce potential congestion and regulate writing access to the ledger. The ICCA accomplishes this through the scheduler, the rate setter, and the blacklister. The scheduler decides the transactions that are written into the ledger and gossiped. The rate setter uses a classical…
4 years ago