Bullish Breakout for Decentraland (MANA): The Public Owned VR Blockchain


With over 1,500 digital assets in the market today, keeping track of the development of cryptos is as difficult as can be imagined, as a result, some amazing assets and investment opportunities have slipped under our noses unnoticed.

However, with cryptos running wild in the market, some these assets are beginning to surface, one of such is Decentraland (MANA).

Decentraland is the world’s first virtual platform owned by its users. Decentraland has its blockchain built atop Ethereum’s and trades with the token name MANA, within the virtual world. Decentraland has been relatively unknown for a while, until today when it started pulling in some huge gains.

While most assets have been raking in gains for more than a week now, Decentraland only embarked on that journey a few days ago.

Decentraland is among the biggest gainers on some major crypto market readers. On Bitscreener.com, with 26.27% Decentraland is the 10th biggest earner over the last 24 hours, and 53.03% over the last seven days.

As of this writing, Decentraland token (MANA) is trading at $0.15. With a 25.60% price lift over the last 24 hours, Decentraland now houses a market cap of $153 million USD and is now the 108 largest cryptocurrency. It has certainly impressed in the market department, but is there more to the digital asset?

New SDK for Decentraland

Decentraland will be presenting a new decentralized SDK (Software Development Kit) today, April 23, 2018. The presentation would be done in a meetup hosted by ARBA at the Microsoft Reactor, San Francisco, California.

According to Kieran Farr, a WebXR advocate at Decentraland, the new decentralized SDK is the first the first smooth package to successfully connect 3D WebXR development with Ethereum’s blockchain package. In the three and half hour event, Atheer Dreamworld Vision and Greenlight Insights will also be featured.

New Listing for Decentraland coin

Along with three other ERC 20 tokens, Decentraland got to listen on Bitso for trade. Decentraland got its Bitso listing on April 20th, which coincidentally is the day the token began raking in double-digit gains. It is not certain if the new trade listing has any influence on Decentraland’s price spike.

The All-New Decentraland Marketplace

What is better than a completely decentralized virtual reality blockchain? A decentralized marketplace where the public control market laws. Decentraland launched its marketplace for decentralized exchange late in Q1, but certain updates have been made entering Q2.

Buying and selling in the Decentraland’s marketplace are done with its own token, the MANA. Users also use MANA to manage their own VR space within Decentraland called LAND. A Virtual marketplace is much expected from Decentraland as it has been in the market for over 7 months now.

Looking at all, Decentraland (DANA) is a strong asset, which suffers from unpopularity and a small community. With the growing attention it is getting from its current bullish market returns and new developments, perhaps, this would help Decentraland slowly grow into recognition and public acceptance.

Leave A Reply

Your email address will not be published.