Where to buy Decentraland (MANA) coin as it continues rallying amid the rising metaverse popularity
- Decentraland (MANA) currently trading at around $3.87.
- It has risen by about 6% in the last 24 hours.
- Here is a quick guide on the best places to buy the MANA token.
As the majority of cryptocurrencies bleed, most metaverse tokens led by Decentraland (MANA) are on the rise. Today’s surge is a continuation of a bull trend that has seen the MANA coin rise by 32.89% in the last seven days.
To help investors and traders who are eyeing to buy and hold the MANA coin, Invezz has created a brief article to help with identifying the best places to buy it.
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Best places to buy MANA
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What is Decentraland (MANA)?
Decentraland (MANA) is one of the native tokens of the Decentraland platform.
If it is the first time you are coming across Decentraland, it is a 3D virtual reality platform built on the Ethereum blockchain and overseen by the Decentraland Foundation. Users buy plots (pieces of land) and later navigate, build and monetize them.
The other token used in Decentraland is LAND. Decentraland users are required to burn MANA tokens to acquire the LAND token.
The difference between MANA and LAND is that MANA is an ERC-20 token while LAND is an ERC-721 token.
Should I buy the MANA coin today?
If you are looking for a cryptocurrency that is on a monster bull run, then the MANA coin is a great choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
MANA price prediction
The price of MANA is expected to continue rallying to above $15 by the end of the year following the growing interest in the metaverse world around the globe.