Decentraland Market Cap Reaches $509.30 Million (MANA)

Decentraland (MANA) traded 0.5% higher against the US dollar during the 24-hour period ending at 11:00 AM E.T. on March 22nd. Decentraland has a market capitalization of $509.30 million and $59.07 million worth of Decentraland was traded on exchanges in the last day. One Decentraland token can currently be purchased for about $0.26 or 0.00000312 BTC on major cryptocurrency exchanges. Over the last seven days, Decentraland has traded 3.2% lower against the US dollar.

Here is how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.2% against the dollar and now trades at $83,902.59 or 0.99850631 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $83,384.90 or 0.99234542 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Decentraland Profile

Decentraland was first traded on August 8th, 2017. Decentraland’s total supply is 2,193,179,327 tokens and its circulating supply is 1,942,255,184 tokens. The Reddit community for Decentraland is https://reddit.com/r/decentraland and the currency’s Github account can be viewed here. The official website for Decentraland is decentraland.org. Decentraland’s official message board is forum.decentraland.org. Decentraland’s official Twitter account is @decentraland and its Facebook page is accessible here.

According to CryptoCompare, “Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y).Contents can range from static 3D scenes to interactive systems such as games. Land is a non-fungible, transferrable, scarce digital asset stored in an Ethereum smart contract. It can be acquired by spending an ERC20 token called MANA. MANA can also be used to make in-world purchases of digital goods and services.”

Decentraland Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Decentraland directly using US dollars. Investors seeking to acquire Decentraland should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decentraland using one of the aforementioned exchanges.

MANA/USD price chart by TradingView