Decentraland is a platform of virtual reality or virtual world that runs on the Ethereum blockchain. Decentraland lets users create different interactive objects and artefacts. Items and land are non-fungible tokens in Decentraland and can be traded/bought/sold and exchanged on the internal marketplace. The platform uses MANA and LAND coins. MANA is a utility and governance token used for settlement and management. The Decentraland Metaverse is run by a Decentralized Autonomous Organization (DAO). To participate in the governance of the DAO, users convert their MANA tokens into packaged MANA tokens (wMANA) and commit them to the DAO. MANA can be traded with Bitcoin (BTC), Tether (USDT), and Ethereum (ETH), as well as can be purchased with various fiat currencies, including KRW and USD.
The fastest, most convenient way to purchase Decentraland is to purchase it on ICONOMI. We check Decentraland live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Decentraland by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Decentraland is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Decentraland, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Decentraland in their structure.
Here you can read and comment on all posts made by Strategists about Decentraland MANA. See all Decentraland price predictions in real time and make the best use of their crypto knowledge.
1/4
Morning Update:
Bitcoin continues to stand firm, maintaining a steady position well above the $26k mark, while altcoins face a significant downturn as some coins were mentioned in the SEC lawsuit. Anticipating potential delistings of these coins, we've removed $SAND, $MANA, and $MATIC from our structure. All the changes can be found below👇
ARB , ETH and Link are good choices to hold
Btc at 26500$ now and holding this position, giving us hope
Due to the SEC lawsuit mentioning $SAND, $MANA, and $MATIC we have decided to remove them from our structure. Delistings may follow so we replaced them with $ARB, $RNDR and $PAXG ✅
Taking precautions after the SEC lawsuit, you've replaced $SAND, $MANA, and $MATIC with $ARB, $RNDR, and $PAXG. Smart move to stay ahead amidst potential delistings. Keeping eye on your posts 😉
ARB is good choice
4/5
Apple's latest offering, Apple Vision Pro, signifies the advent of spatial computing, which perfectly blends digital content with your real-world environment. Regardless of your opinion on the product, it unequivocally hints at the future direction of technology.
However, in the wake of being named as securities in the SEC lawsuit, $SAND and $MANA didn't appreciate as expected. We'll cut back our exposure and accept a minor loss on this trade, but we'll retain some holdings in anticipation of a potential rebound once the situation stabilizes and we start to see the hype around the VR.
We are moving part of the assets from $SAND and $MANA into $INJ 👌
P.S. You can watch the presentation for the Apple Vision Pro here:
https://www.youtube.com/watch?v=TX9qSaGXFyg&ab_channel=Apple
Nice move
The weekly rebalance was just submitted. As mentioned on our main Diversitas page, the highlight of this week is likely to be the Apple Worldwide Developers Conference 2023. The event is scheduled for today, and rumors suggest that Apple could unveil a VR headset. Should this prove true, some metaverse-associated tokens may experience a surge. In response, we're adding $MANA and $SAND into our structure, each at a 10% allocation, as a short-term bet on the metaverse✅
Wishing you a productive start to your week!🙌
3/4
Arguably, the most notable event this week is the 2023 Apple Worldwide Developers Conference. The event is slated for today and speculations suggest that Apple could potentially introduce a VR headset. If these rumors hold true, we might witness a surge in certain metaverse-associated tokens. As a result, we have decided to add $MANA and $SAND to our holdings, allocating 5% to each as a minor short-term bet on the metaverse👌
Thanks for the update. Removing $SAND, $MANA, and $MATIC shows a responsible approach. Stay informed, adapt strategies, and diversify for navigating the crypto market effectively.