Decentraland (MANA) Reaches 24 Hour Trading Volume of $1.68 Billion

Decentraland (MANA) traded up 14.4% against the US dollar during the twenty-four hour period ending at 21:00 PM E.T. on May 14th. Decentraland has a market cap of $2.34 billion and approximately $1.68 billion worth of Decentraland was traded on exchanges in the last day. In the last seven days, Decentraland has traded 6.6% lower against the US dollar. One Decentraland coin can now be purchased for $1.27 or 0.00004255 BTC on major exchanges.

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

  • BITCOIN ADDITIONAL (BTCA) traded up 1.7% against the dollar and now trades at $30,012.13 or 1.00000000 BTC.
  • Binance USD (BUSD) traded 0.2% higher against the dollar and now trades at $1.00 or 0.00003355 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded up 0.1% against the dollar and now trades at $1.00 or 0.00003349 BTC.
  • Polygon (MATIC) traded 0.1% lower against the dollar and now trades at $0.68 or 0.00002270 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • FTX Token (FTT) traded up 0.8% against the dollar and now trades at $31.39 or 0.00105144 BTC.

Decentraland Profile

MANA is a coin. Its launch date was September 6th, 2017. Decentraland’s total supply is 2,193,671,027 coins and its circulating supply is 1,844,092,505 coins. Decentraland’s official Twitter account is @decentraland and its Facebook page is accessible here. Decentraland’s official website is decentraland.org. The official message board for Decentraland is forum.decentraland.org. The Reddit community for Decentraland is /r/decentraland and the currency’s Github account can be viewed 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. “

Buying and Selling Decentraland

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

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