• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Saturday, June 21, 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 25%, Market Cap About to Surpass the #1 Metaverse Project

Kyle Portman by Kyle Portman
November 18, 2021
in News
Reading Time: 2 mins read
0
11
SHARES
Share on TwitterShare on Facebook

Decentraland price is up over 25% today, making it the biggest gainer on Crypto.com. With a 24 hour trading volume of $6.9 billion and a market cap of $7.4 billion, it’s clear that Decentaland is racing it’s way to the top. Let’s take a closer look at Decentraland and see why the price is rising so much.

What Is Decentraland?

Just to make sure we’re all on the same page, Decentraland is a blockchain-based virtual metaverse, allowing users to purchase plots of lands, customize them, and interact with other users in the virtual world.

decentraland

Why Is Decentraland Price Rising?

The most recent announcement when it comes to Decentraland, is their partnership with the Government of Barbados, establishing the world’s first metaverse embassy.

Welcoming the government of a nation to the metaverse is a first in the crypto world. Establishing an official embassy in a virtual universe is sure to bring attention to Decentraland, and cryptocurrency in general.

With a market cap of $7.4 billion, Decentraland is about to overtake one of the biggest metaverse projects, Axie Infinity, that has a market cap of $7.7 billion.

Earlier today, we reported why Decentraland is the best Metaverse project on the market right now, and the recent price increase only goes to show that traders agree.

With a fully functioning app open to the public since February of 2020, it only makes sense that Decentraland establishes itself as the leader in crypto’s Metaverse sector.

Moreover, Decentraland already has an active community of users that’s growing every day. Below you can see just a small portion of some of the upcoming events on Decentraland:

decentraland events

Overall, Decentraland is a great long term pick. As the Metaverse hype picks up, the leaders in the space will see the most amount of growth.

As the most popular Metaverse project right now, I wouldn’t be surprised to see MANA’s price double by the end of the year.

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

Also Read:

Why Decentraland Is the Best Metaverse Project on the Market

Follow us on twitter @thevrsoldier to stay up to date with the latest cryptocurrency news!

Tags: Decentraland
Previous Post

3 Awesome Meme Coins You Probably Haven’t Heard Of

Next Post

Top 5 Metaverse Coins to Buy on Crypto.com

Related Posts

Featured

Dogecoin Price Faces Breakdown

June 20, 2025
Featured

CZ Warns of Deepfake Scams

June 20, 2025
Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown
News

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

June 19, 2025
Solana ETF Incoming? What Bloomberg’s 90% Prediction Means for Investors
News

Solana ETF Incoming? What Bloomberg’s 90% Prediction Means for Investors

June 17, 2025
Featured

Trump Earns $57M from Crypto Venture

June 14, 2025
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?
News

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025

Press Releases

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown
News

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

by Alex Mercer
June 19, 2025

Introduction Bitcoin has seen plenty of drama over the years, but this time, even with war looming and a cyberattack...

Read more
What you will get:  Simple steps to start trading cryptocurrencies like Bitcoin and Ethereum How to choose a reliable crypto exchange with low fees and strong security Key tips to read crypto price charts and manage trading risks How to stay updated with market-moving news and practice safely before investing Introduction Cryptocurrency trading has exploded in popularity as an easy way to earn online. With simple guidance you can start trading Bitcoin Ethereum and other altcoins using your phone or computer. This guide gives clear steps for beginners. What Is Crypto Trading and How Does It Work Crypto trading is buying and selling digital currencies like Bitcoin Ethereum Cardano or Solana to make a profit. You buy when prices are low and sell when they go higher. There are two main trading types: Spot trading: You own actual coins. Derivatives trading: You trade based on price movements without owning coins. Spot trading is perfect for beginners because it’s more straightforward and less risky. Step 1 Choose a Reliable Crypto Exchange Select a trusted crypto exchange. Popular beginner-friendly options: Binance: Low fees and many altcoins Coinbase: Easy for beginners with strong security Kraken: Great support and euro compatibility Bybit: Simple interface with spot and futures Look for: Easy sign up and verification Strong security (2FA, cold storage) Low trading fees and fast euro or fiat deposits Wide selection of coins and high volume Step 2 Learn Crypto Chart Reading Reading price charts will improve your crypto trading success. Key concepts: Trend lines: Overall up or down movements Support levels: Prices where value tends to bounce up Resistance levels: Prices where value tends to slow or reverse Start with basic charts like candlestick charts. Many platforms like Binance and Kraken offer built-in guides. Step 3 Manage Risk and Use Stop Losses Crypto prices are very volatile and can change fast. Protect your investment by: Investing only what you can afford to lose Using stop-loss orders to sell automatically at a set lower price Not risking more than 1–2% of your portfolio on any trade This risk management helps you stay in the game long term. Step 4 Stay Updated with Real-Time Crypto News Crypto markets respond instantly to news. Use reliable sources like Vr Soldier, CoinDesk, CoinTelegraph and The Block. Track: Bitcoin ETF decisions New coin listings on exchanges Regulatory changes Major partnerships and developments Following crypto news helps you predict good entry and exit points. Step 5 Use Demo Accounts to Practice Many exchanges like Binance and Bybit offer demo accounts or testnets. Practice trading with virtual money first. This helps you learn: How orders work Chart reading in real time Trading fees and order types Once you feel confident, move to small real trades. Final Simple Tips for New Crypto Traders Start with well-known coins like Bitcoin Ethereum Avoid chasing hype or FOMO (Fear Of Missing Out) Keep a basic trading journal or spreadsheet Learn from both wins and losses Crypto Trading Basics for Long Term Profit

Crypto Trading Basics for Long Term Profit

June 16, 2025
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025
Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

June 6, 2025
Binance Beats SEC—Crypto Cheers the Legal Victory

Binance Beats SEC—Crypto Cheers the Legal Victory

June 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