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Decentraland price today is $0.88 USD, which is Down by -0.82% over the last 24 hours. There has been an hourly Dip by -0.84%. Decentraland's market cap currently sits at $1,631,162,797.28 USD, holding up for a market cap rank at #32. The volume were at $187,727,653.05 USD Decentraland ranks no 32 in the market capitalization of Decentraland is at $1,631,162,797.28 and its volume for 24 hours is $187,727,653.05. Decentraland are under circulation, with total supply of 2.19B and the Maximum supply of 0.
Decentraland is a cryptocurrency based on the Ethereum(ETH) (ERC-20) blockchain platform for all who want to purchase, monetize and build virtual reality applications MANA tokens. It's a virtual reality platform. This platform is entirely owned by USERS only. There are mainly two types of tokens that control Decentraland. LAND MANA Decentraland is a virtual reality where any user can develop, buy and sell LAND. It is considered as ERC-721 non-fungible (NFT) and represents the virtual ownership of land under decentraland. On the other hand, MANA is called the ERC-20, a fungible token and the digital asset token used to purchase services and goods in Decentraland. The Decentraland was founded under the people Esteban Ordano and Ariel Meilich in 2015. Initially, it came in 2017 in an ICO(Initial Coin Offering) and made $26 million. It is around 20% of the initial token supply.
The Decentraland application, an Ethereum blockchain used to track ownership on digital land, held MANA tokens within the Ethereum wallet to interact with the ecosystem. Moreover, the developer can utilize their own free time to make any designing animated stuff on the Decentealand platform.
The architecture of Decentraland (MANA). There are many layered components in Decentraland that have been built under that platform of Ethereum. Layers are used to maintain a ledger that takes the parcel control. Every parcel of LAND has its coordinates in the virtual world.
The work of layers controls what is happening within the parcel and provides the wanted file to render content, script, and interaction definitions.
Among these functionalities of gaming, drag-and-drop editor for user flexibility. Also, members can control exchanges in LAND tokens and price in MANA. Owners can use this facility to transfer unique names and transfer parcels.
The current rank has been changing daily, but it stays between #80 to #90 on the Coin MarketCap. The current supply of Decentraland is more than 1 billion (1,574,504,749 MANA coins), and the current market cap is $585,968,059 ($500 million), and it's increasing day by day. Generally, a one-day (24 hours) trading volume is more than 400 million USD.
You can store it in a digital wallet. MANA is an ERC-20 token, so you have many wallets to store your coins. You can store it in any top-rated wallet like Trezor, MyEtherWallet, and Ledger Nano S and keep your fund safe and secure from hackers.
The current Decentraland price is $0.88. In the last 24 hours, Decentraland price has gone up by -0.82%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Decentraland price prediction.
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Decentraland at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
By exchanging MANA against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Decentraland can be earned or received in various ways. MANA considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the MANA, including MANA to PHP, MANA to INR, MANA to NGN, MANA to THB, MANA to CAD, MANA to PKR, MANA to IDR , MANA to EUR , MANA to AUD , MANA to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
There are many altcoins in the market, and investors need to clear out how altcoin differs from Decentraland and what it can offer by comparing all altcoins with Decentraland(MANA). Some are RocketX exchange vs Decentraland, Basis Cash vs Decentraland, Truegame vs Decentraland, Soy Finance vs Decentraland, Rbicycle vs Decentraland, Dapp Token vs Decentraland, Verve vs Decentraland, Alpha Pad vs Decentraland, GombShare vs Decentraland, NOVA vs Decentraland.
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