• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Wednesday, October 15, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Decentraland Price Up 10% Amid The Sandbox Alpha Launch

Paul Brabus by Paul Brabus
November 29, 2021
in News
Reading Time: 3 mins read
0
decentraland mana price
26
SHARES
Share on TwitterShare on Facebook

As the leader of all Metaverse projects, boasting a market cap of over $9 billion, Decentraland’s price has been doing quite well this past month. After hitting an all-time high of $5.79 on November 24th, MANA has built up momentum for another bull run. Moreover, with The Sandbox’s upcoming Alpha launch, it’s great to see Decentraland’s price continue its bullish momentum. What’s been new with Decentraland, and why is the price rising? Let’s find out.

What Is Decentraland

For those of you not aware, Decentraland is a 3D blockchain-based metaverse that allows players to buy plots of land and explore the virtual universe. There are a variety of experiences available, such as Casinos, Concerts, Galleries, and much more.

Decentraland has been open to the public since February 2020 and is the longest-running 3D Metaverse project in crypto. The only other project that comes close to what Decentraland has to offer is The Sandbox, currently valued at over $6.9 billion ahead of their alpha launch.

Anyone can check out Decentraland by visiting their official website and connecting using MetaMask. Make sure that your wallet is set on the Ethereum chain, and have fun exploring!

decentraland

Decentraland News

On November 22nd, Decentraland announced the largest Metaverse land purchase ever. Tokens.com and Metaverse Group purchased over 116 parcels of land, costing upwards of $2.4 million.

Metaverse is turning to be a revolutionary idea if virtual plots of land are selling for more than most people’s houses.

In other news, Decentraland’s marketplace was updated on November 26th, now rendering all wearables in 3D. The improvement allows for a better user experience when using the marketplace, ultimately leading to higher trade volume.

Decentraland has a collection for its wearables on OpenSea, and with a trading volume of 107.5k ETH, ranks as one of the highest traded NFT collections on OpenSea of all time.

Decentraland continues to onboard a variety of partners onto its Metaverse. One example is Decentral Games, which is a virtual online casino based in Decentraland.

Decentral Games has a market cap of $213 million, with a 24-hour trading volume of $3.9 million. The fact that a cryptocurrency project based solely in Decentraland can achieve such valuations speaks to the potential of Decentraland and its Metaverse.

Decentraland Price & Tokenomics

At the time of writing, Decentraland is trading at $5.08, up 10% in the past 24 hours. Its market cap is $9.2 billion, with a 24-hour trading volume of $3.4 billion.

Comparing that to The Sandbox, whose market cap is $6.9 billion, with a 24-hour trading volume of $6.5 billion, it’s clear that most of the market’s attention right now is on SAND.

However, even with MANA’s competitor experiencing so much hype, the fact that Decentraland continues its bullish price hike speaks to the long-term potential of this project.

Decentraland makes for an excellent pick for 2022, especially as their ecosystem grows. Moreover, Decentraland’s team is hardworking, constantly improving on their features, and will continue to dominate the market.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.


Also Read:

Top 10 Metaverse Coins Gaining the Most Price This Week

Follow us on Twitter @thevrsoldier to stay up to date with the latest cryptocurrency news, and subscribe to our daily newsletter to never miss another story!

Tags: Decentraland
Previous Post

Top 3 Metaverse Coins to Watch in 2022

Next Post

3 Awesome Things To Do in Decentraland’s Metaverse

Related Posts

Featured

Zeta Network Raises $231M in Bitcoin Deal

October 15, 2025
Featured

USDT, USDC Inflows Signal Crypto Still Alive

October 15, 2025
Featured

Bitcoin and Ethereum ETFs See $339M Inflows After Market Crash

October 15, 2025
Binance Issues $283M Compensation After Market Turbulence
News

Binance Issues $283M Compensation After Market Turbulence

October 13, 2025
Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off
News

Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off

October 11, 2025
News

Trump China’s Warning Sparks $700M Crypto Market Liquidation

October 10, 2025

Press Releases

Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off
News

Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off

by Alex Mercer
October 11, 2025

Bitcoin prices slid sharply this week, mirroring the turbulence seen during earlier 2025 market corrections. Nearly $20 billion in BTC...

Read more
NFT Market Sees $129M Weekly Sales as BNB Chain Surges

NFT Market Sees $129M Weekly Sales as BNB Chain Surges

September 28, 2025
Ethereum Can Outshine Google Says Vitalik Buterin – Here’s How

Ethereum Can Outshine Google Says Vitalik Buterin – Here’s How

September 21, 2025
XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

September 10, 2025
Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier