Decentraland (MANA)

Market Cap

$71,379,161 USD

Volume (24h)

$4,397,519 USD

4.3
SAFETY

ranking factors

  • Markets

    How many exchanges are there to trade this coin?

    Decentraland Markets Rank: 10/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Decentraland Volume Ratio Rank: 6/100

  • Market Cap

    The total cost of all coins available.

    Decentraland Market Cap Rank: 96/100

  • 24h Change

    Is the price moving up or down?

    Decentraland 24h Change Rank: 47/100

  • Social Following

    How many users are following this coin?

    Decentraland Social Following Rank: 94/100

  • Google Trends

    How many users are searching for the coin?

    Decentraland Google Trends Rank: 25/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Decentraland Twitter Citation Rank: 42/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Decentraland User Voting Rank: 92/100

Decentraland investment analysis

Decentraland platform is an opportunity to share in a virtual reality community where the realistic moments of everyday life have been converted into digital paradigms. Here, owners of the token take part in a truly democratic governance and ownership over the properties of this digital world. The Mana cryptocurrency is meant to be a unit of transactional data between the members of the community.

On this platform, the users can buy virtual lands using the Mana tokens, create different virtual contents and applications and also create monetary value out of them. The project is built on the Ethereum blockchain and uses the resources of the network to compute data across different nodes.

Decentraland investment concept started in 2015 as a 2D model of the current algorithm but has grown to something much bigger and more stable, however, their roadmap reveals much more is to be expected down the development tunnel.

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current price
$0.067971
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+159.4%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.176324
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

72/877
by Safety
712/877
by Profit
historical data

How to buy Decentraland?

Decentraland is an Ethereum based token and is a popular coin traded across many exchanges. There are about 20 exchanges where the coin is being traded with a combined trade market of over 38. The trades are paired majorly with BTC, ETH, and USDT; other currency pairs with lesser popularity across the exchange include BNT, WETH, LA and USD. However, for the sake of convenience and liquidity, you might want to choose to buy MANA with BTC or ETH as they both have the larger volumes of trades.

To buy Decentraland tokens – Mana, you would have to buy BTC or any of the other alt pair first and send to the exchange (or buy from the exchange directly), if you don’t already have the asset.

You can store using any of the compatible wallets such as myetherwallet, or any other third party wallet. More so, it would seem safest to store your coins off the exchange if you would not be using the coin as a trading asset.