Decentraland (CURRENCY:MANA) traded 10.6% lower against the U.S. dollar during the one day period ending at 22:00 PM ET on May 16th. One Decentraland coin can currently be bought for approximately $1.11 or 0.00002494 BTC on popular cryptocurrency exchanges. Decentraland has a market cap of $1.76 billion and approximately $184.56 million worth of Decentraland was traded on exchanges in the last 24 hours. During the last seven days, Decentraland has traded down 26.1% against the U.S. dollar.
Here is how other cryptocurrencies have performed during the last 24 hours:
- Chainlink (LINK) traded down 10.2% against the dollar and now trades at $38.36 or 0.00085939 BTC.
- Polygon (MATIC) traded 2% higher against the dollar and now trades at $1.62 or 0.00003621 BTC.
- THETA (THETA) traded down 7.3% against the dollar and now trades at $9.03 or 0.00020229 BTC.
- Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00002241 BTC.
- DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
- DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
- Aave (AAVE) traded down 6.5% against the dollar and now trades at $507.82 or 0.01137728 BTC.
- Dai (DAI) traded 0% higher against the dollar and now trades at $1.00 or 0.00002240 BTC.
- FTX Token (FTT) traded down 7.1% against the dollar and now trades at $51.42 or 0.00115213 BTC.
- Huobi Token (HT) traded down 11.8% against the dollar and now trades at $27.55 or 0.00061725 BTC.
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 Coin Trading
It is usually not currently possible to buy alternative cryptocurrencies such as Decentraland directly using US dollars. Investors seeking to trade Decentraland should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decentraland using one of the aforementioned exchanges.
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