• Decentraland’s [MANA] price has rallied by over 8% in the past seven days due to the increased adoption of the token and the launch of various partnerships in the metaverse and NFT domain.
• According to CoinMarketCap, MANA is currently trading at $0.7781 with a market capitalization of more than $1.44 billion.
• Decentraland recently premiered the Domino’s Originals: DjMaRiiO documentary and announced its new musical metaverse mixer on Decentraland Metaverse.
Decentraland’s [MANA] token has been making headlines in the crypto space recently, as its price has been rallying over the last seven days. This surge has been fueled by the increased adoption of the token, as well as the launch of various partnerships in the metaverse and NFT domain.
CoinMarketCap data shows that MANA is currently trading at $0.7781 with a market capitalization of more than $1.44 billion. This represents an increase of over 8% in the token’s price over the last seven days.
The increased adoption of Decentraland’s token is the driving force behind this price surge. The company has recently announced various partnerships in the metaverse and NFT domain, which have been positively received by investors and enthusiasts.
For instance, Decentraland recently premiered the Domino’s Originals: DjMaRiiO documentary and announced its new musical metaverse mixer on Decentraland Metaverse. This new mixer will give participants the chance to win custom gaming PCs, limited edition Doritos wearables, and more.
The increased attention and adoption of Decentraland has also been reflected in the data from Polygon Daily. According to their latest report, Decentraland was the second most-mentioned Polygon project on Twitter in the last seven days.
CryptoQuant’s data also showed that the exchange outflow for Decentraland has spiked recently, indicating that the token is being actively traded on various exchanges. This, along with the other metrics, suggests that the token will continue to perform well in the coming weeks.
Overall, the recent developments in the Decentraland space are positive news for investors and enthusiasts alike. The increased adoption of the token and the launch of various new initiatives are helping to drive the price of MANA higher. As such, it will be interesting to see how Decentraland continues to perform in the coming weeks.
