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The price of Decentraland (MANA) token has been on the rise since January 24 this year. The current surge comes after the sharp decline due to the recent crypto market plunge.
MANA has risen by about 24.9% over the last week; something that has attracted a lot of investors especially following the ongoing metaverse hype.
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.
To find out more, please continue reading.
Best places to buy MANA
eToro
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Disclaimer
Coinbase
Coinbase is one of the first places that made it easy to buy bitcoin and has since become a widely trusted exchange in the market.
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 has shown great prospects of correcting a recent pullback, 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
Analysts believe the continued launch of NFT projects on Decentraland including the recent launch of Samsung 837X is setting the stage for a major Bull Run in 2022.
All eyes are currently set on the $3.0 price data.
$MANA social media coverage
$MANA #decentraland Daily: Bulls need to reclaim $2.62 to be remotely bullish. If not, unfortunately, I see us dropping down as low as the $1 – .75 cent range. There is a high probability we will get a rejection @ 2.62, unless we breakdown from ascending trend before. pic.twitter.com/CV2Uj213NF
— CyberWolfTrader (@CyberWolfTrader) January 31, 2022
My #Metaverse picks. $MANA $SAND $UOS $SOUL $RFOX $UFO $GALA
Is there something I should add? pic.twitter.com/vsmsBKdAqV— PlankosBlockParty (@GoodCryptoKa) January 30, 2022
The post Where to buy Decentraland (MANA) token as it corrects recent dip appeared first on Invezz.
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Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.